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$2.69M · 4 bed Detached · Victoria Square, Markham | MyPropertyScout

$2,690,000

16 Thomas Reid Road

43OwnerOccupied

Map

Pool

$2,690,000

DOM14days

16 Thomas Reid Road

Markham · Ontario L6C 1A5

MLS® N13429382 · Victoria Square · L6C 1A5

43OwnerOccupied2500-3000 ft²Detached2-car AttachedPool14d$978/ft²Lot 105.5 x 285.2 ft$13,769 tax/yr

14 days on market

About this home

Beautifully Renovated And Expanded Family Home On A Quiet, Highly Desirable Street. Meticulously Maintained And Thoughtfully Updated Throughout, This Move-In Ready Residence Offers Spacious Principal Rooms, A Functional Layout, And Quality Finishes Designed For Modern Living. The Professionally Added Extension Provides Generous Living Space Filled With Natural Light, While The Finished Lower Level Offers Additional Space For Work, Recreation, Or Entertainment. Enjoy A Private Backyard Featuring…

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Property details

MLS#: N13429382
Status: Buy Now
Beds: 4
Baths: 3 full, 0 half
Size: 2500-3000
Style: 2-Storey
Type: Detached
Year built: —

Roof: Shingles
Foundation: Concrete

Garage: 2-car Attached
Garage spaces: 2
Parking: 10 total
Lot: 105.48 × 285.19
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Pool: Yes
Waterfront: No
Exterior: Stucco (Plaster), Brick Veneer
Fronting on: West
Cross street: Victoria Sq Blvd/Elgin Mills
Basement: Finished
Stories: —
Utilities: —
Laundry: —
Interior: Storage, Water Softener
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Living Room	8.5m × 4.2m
Main	Dining Room	5.3m × 3.5m
Main	Kitchen	5.4m × 3.9m
Main	Family Room	3.5m × 4.4m
Main	Foyer	3.2m × 3.5m
Second	Primary Bedroom	4.7m × 7.5m
Second	Bedroom 2	3.4m × 7.5m
Second	Bedroom 3	5m × 3m
Second	Bedroom 4	3.5m × 4.2m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ELITE CAPITAL REALTY INC.

Source: TRREB/PROPTX · MLS® N13429382

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$2.69M

16 Thomas Reid Road · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $2,690,000✓ $13,769 tax✓ Electric✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$19,117/mo

incl. closing costs (yr 1)

Annual total

$229,405

year 1

Mortgage only

$10,205/mo

principal + interest

Beyond mortgage

$3,977/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$538,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,147/mo

Utilities

Hydro / electricity$358/mo

≈ $0.13/ft² × ~2,750 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$26,900/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$53,725

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)53% $122,460/yr

Property taxes29% $67,494/yr

Utilities3% $5,850/yr

Insurance & security1% $1,600/yr

Maintenance12% $26,900/yr

Closing costs2% $5,100/yr

Mortgage is 53% of your true cost of ownership. The other 47% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$122,460	$10,205/mo
Government & taxes
Property tax	$13,769	$1,147/mo
Land transfer tax(closing)	$53,725	$4,477/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,290	$358/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$26,900	$2,242/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$229,405	$19,117/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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16 Thomas Reid Road

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs