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Listed 8 days ago

128 Reeve Drive

Markham Village, Markham

$1,658,000

Detached|2-Storey
4 | 3 | 6
About this home

Beautifully maintained and offered for the first time in 35 years, this exceptional family home is located on prestigious Reeve Drive in one of Markhams's most sought-after neighbourhoods. Pride of ownership is evident throughout this spacious residence featuring a bright, popular layout, main floor with elegant living and dining rooms, and a cozy family room with a fireplace overlooking the beautiful backyard. The kitchen is equipped with stainless steel appliances, pot lights, and a sun-filled breakfast area with large windows and a walkout to the yard, perfect for everyday living and entertaining. The second floor offers four generously sized bedrooms, including a spacious primary retreat featuring a walk-in closet and a newly renovated 3-piece ensuite. The finished basement provides additional living space with a fifth bedroom, large recreation room, office, cold cellar, and workshop. Step outside to your private backyard oasis, complete with mature landscaping and an interlock patio ideal for summer barbecues and outdoor gatherings. Enjoy the convience of being just mintues from historic Markham Village, charming restaurants, cafes, the library, Milne Conservation Park, Morgan Pool, community centres, Markham Stouffville Hospital, Go Transit, public transit, and Highway 407. A rare opportunity to own a cherished home on one of Markham's most prestigious streets.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$6,468
Lot Size52 ft x 110 ft
mls© NumberN13610768
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,486
Property tax
$539
Heat allowance
$150
Housing costs
$9,175 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $331,600
25-yr amortization

Income needed

$282,000

gross annual household income

Payment at 4%
$6,977 / mo
Cash down
$331,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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