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Victoria Square, Markham
$1,599,000
Luxury Monarch-Built Home on a Premium 46-Ft Lot in Prestigious Victoria Square! Approx 3000 Sq Ft with Functional Layout! South-facing yard with abundant natural light, this stunning home is ideally located just 2 minutes to Hwy 404, Costco, and close to all amenities. Featuring 9-ft ceilings on the main floor, upgraded hardwood flooring throughout, elegant LED light fixtures, pot lights, and California shutters throughout. The gourmet kitchen boasts upgraded cabinetry, granite countertops, and stainless steel appliances. An impressive all-oak staircase with stylish metal pickets adds a touch of elegance. The second floor offers four generously sized bedrooms plus a spacious library/sitting area, perfect for a home office or reading lounge. Additional upgrades include 200-amp electrical service, an electronic air cleaner system, and a gas line for BBQ. The professionally finished lower level features a separate walk-up to the backyard, a kitchen, and two bedrooms with ensuite bathrooms, offering excellent flexibility for extended family living. Conveniently located near top-ranking elementary schools, parks, and playgrounds. An exceptional opportunity to own a beautifully upgraded luxury home in one of the area's most desirable communities!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,449 |
| Lot Size | 46 ft x 98 ft |
| mls© Number | N14115034 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,184
- Property tax
- $704
- Heat allowance
- $150
- Housing costs
- $9,038 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$278,000
gross annual household income
- Payment at 4%
- $6,729 / mo
- Cash down
- $319,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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