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New6 hours ago

111 Fred Varley Drive

Unionville, Markham

$1,488,000

Detached|Backsplit 3
3 | 6 | 6
About this home

An Exceptional Opportunity in the Heart of Historic Unionville!Backing onto the mature trees and tranquil stream of Toogood Park, this beautifully renovated home sits on a spectacular 50' x 125' private lot, offering a rare combination of natural beauty, privacy, and future potential. Featuring a custom addition and extensive upgrades throughout, the home boasts soaring cathedral ceilings, skylights, pot lights, a spacious great room, and an elegant oversized dining area. The upgraded kitchen features granite countertops and a breakfast bar, while two gas fireplaces add warmth and character. Three upgraded bathrooms, a generously sized primary bedroom with a large walk-in closet and spacious 4-piece ensuite, and convenient main-floor laundry complete the interior.Step outside to a private backyard retreat featuring lush gardens, a swimming pool, expansive decks, and a stone patio overlooking the serene park setting. Enjoy this inviting home as it is or explore the potential to build your dream home on this premium lot. Situated in one of Markham's most desirable school districts, this exceptional property is also just a short walk to historic Unionville Main Street, top-rated schools, parks, and charming local amenities. A rare opportunity to enjoy an outstanding lifestyle in one of Unionville's most coveted neighbourhoods!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$9,352
Lot Size50 ft x 125 ft
mls© NumberN14084898
Listed ByBAY STREET GROUP INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$7,616
Property tax
$779
Heat allowance
$150
Housing costs
$8,546 / mo

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

Down payment20% · $297,600
25-yr amortization

Income needed

$263,000

gross annual household income

Payment at 4%
$6,262 / mo
Cash down
$297,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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