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$1.60M · 4+4 bed Detached · Markville, Markham | MyPropertyScout

$1,598,000

47 Central Park Drive

4+45OwnerOccupied

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$1,598,000

B●●●○○DOM13days

47 Central Park Drive

Markham · Ontario L3P 7S3

MLS® N13438598 · Markville · L3P 7S3

4+45OwnerOccupied2500-3000 ft²Detached2-car Attached13d$581/ft²Lot 49.2 x 119.8 ft$7,969 tax/yr

4% below market · 13 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Rarely offered Monarch-built "Lynden Model" detached home situated on a premium lot in the highly sought-after Markville community. Offering over 4,300 sq. ft. of total living space, including a 1,600 sq. ft. finished basement with separate entrance.* *This home features a highly functional and family-friendly layout with generously sized principal rooms, excellent natural light, and a massive sun-filled family room with soaring skylights and pot lights. *The main floor also offers direct garage…

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Property details

MLS#: N13438598
Status: Buy Now
Beds: 4+4
Baths: 5 full, 0 half
Size: 2500-3000
Style: 2-Storey
Type: Detached
Year built: —

Roof: Asphalt Shingle
Foundation: Concrete

Garage: 2-car Attached
Garage spaces: 2
Parking: 4 total
Lot: 49.21 × 119.75
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: East
Cross street: McCowan / Hwy 7
Basement: Finished, Separate Entrance
Stories: —
Utilities: —
Laundry: —
Interior: Auto Garage Door Remote
Parking features: Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Ground	Living Room	3.51m × 4.88m
Ground	Dining Room	3.51m × 3.96m
Ground	Family Room	6.4m × 6.4m
Ground	Kitchen	3.35m × 3.51m
Ground	Breakfast	3.05m × 3.75m
Second	Primary Bedroom	3.65m × 5.02m
Second	Bedroom 2	3.51m × 3.65m
Second	Bedroom 3	3.44m × 3.51m
Second	Bedroom 4	3.51m × 3.65m
Basement	Bedroom 5	—
Basement	Den	—
Basement	Office	—
Basement	Bedroom	—
Basement	Recreation	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX REALTRON REALTY INC.

Source: TRREB/PROPTX · MLS® N13438598

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$1.60M

47 Central Park Drive · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,598,000✓ $7,969 tax✓ Gas✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$11,433/mo

incl. closing costs (yr 1)

Annual total

$137,202

year 1

Mortgage only

$6,062/mo

principal + interest

Beyond mortgage

$2,543/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$319,600

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

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$664/mo

Utilities

Hydro / electricity$193/mo

≈ $0.07/ft² × ~2,750 ft² · ON avg ~$193/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

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%$15,980/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$28,435

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)53% $72,748/yr

Property taxes27% $36,404/yr

Utilities4% $5,370/yr

Insurance & security1% $1,600/yr

Maintenance12% $15,980/yr

Closing costs4% $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)	$72,748	$6,062/mo
Government & taxes
Property tax	$7,969	$664/mo
Land transfer tax(closing)	$28,435	$2,370/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,310	$193/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$15,980	$1,332/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	$137,202	$11,433/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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47 Central Park Drive

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs