$1,280,000
67 Walter Scott Crescent
Markham (Victoria Square), Ontario
4bed5bath
detached in Markham (Victoria Square)
Browse 5 active listings
Market Analysis
In Victoria Square, Markham, the competitive real estate market attracts a diverse range of buyers, including young families, professionals, and retirees. Many families are drawn to this area for its reputable schools, such as Victoria Square Public School on 19th Avenue and Markham District High School, offering strong educational foundations for children. The community’s tranquil atmosphere, combined with access to modern amenities, appeals to those looking for a balanced lifestyle away from the hustle of urban living. With proximity to parks and recreational facilities, residents enjoy an active lifestyle amidst scenic surroundings. Buyers in this segment often prioritize space and comfort, making detached homes an ideal choice. The availability of various floor plans caters to different needs, from spacious family homes to those seeking cozy yet functional living spaces, ensuring that buyers can find a home that aligns with their aspirations for a fulfilling life in Victoria Square.
Price Insights
Under $1,500,000, buyers in Victoria Square can find a variety of detached homes that vary in size, style, and amenities. The median price in this segment is approximately $1,268,000, while the average price hovers around $1,243,815. Properties typically range from cozy three-bedroom homes to more expansive five-bedroom residences, providing ample room for growing families or those seeking extra space for home offices. Many homes feature modern finishes, landscaped yards, and updated kitchens that appeal to the contemporary homeowner. Investing in a detached home in this area often includes access to features such as finished basements for recreation or additional living space, as well as garages and private outdoor areas. Specific streets like Meadowvale Road and Elgin Mills Road showcase homes with expansive lots, offering potential for future investment both in terms of property value and lifestyle enhancements.
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About This Property Type
Detached homes in Markham's Victoria Square are characterized by spacious layouts, individual lots, and a variety of architectural styles. Many homes are designed with contemporary family needs in mind, featuring open-concept living spaces, large kitchens, and multiple bathrooms. The properties typically offer backyard spaces that are perfect for entertaining and relaxing, making them ideal for families or those who appreciate outdoor living. The neighborhood's design incorporates tree-lined streets and sidewalks, enhancing the appeal of outdoor activities. Homes along streets such as Victoria Park Avenue and 19th Avenue often showcase well-maintained exteriors and curb appeal, contributing to a welcoming community atmosphere. Furthermore, many properties in the area are equipped with modern amenities such as energy-efficient appliances and smart home technology, reflecting the desires of today’s buyers.
Location Highlights
Victoria Square is one of Markham's most sought-after neighborhoods, known for its community spirit and family-friendly environment. Residents benefit from easy access to essential amenities, including grocery stores, restaurants, and cafes along Major Mackenzie Drive, which are just a short drive away. The area is also home to several parks, such as the scenic Victoria Square Park, where families can enjoy playgrounds, walking trails, and picnic areas. Transportation is a breeze, with major highways including Highway 404 and Highway 407 nearby, making commutes to downtown Toronto efficient. The area’s commitment to green spaces, with proximity to parks and nature trails, enhances the quality of life. Community events held at local venues foster connections among residents, making Victoria Square not just a place to live, but a vibrant community to thrive in.
Investment Advice
Investing in a detached home in Victoria Square is a strategic move, given the area's upward trend in property values and limited supply in the market. The competitive nature of the real estate landscape indicates that properties in this neighborhood are likely to appreciate over time, making it a sound investment for both first-time buyers and seasoned investors. With a median price of $1,268,000, buyers can expect to see a strong return on their investment as the demand for homes in Markham continues to grow. Moreover, Victoria Square's appeal to families and professionals alike ensures a stable demographic, contributing to the neighborhood's desirability. With ongoing developments in nearby areas and commitment to infrastructure improvements, investing in this segment is likely to yield positive long-term benefits.
Buying Tips
For buyers looking to purchase a detached home in Victoria Square, it's essential to act quickly given the current competitive market conditions. Start by getting pre-approved for a mortgage to strengthen your position when making an offer. Research specific areas and streets; for example, properties on Meadowvale Road often come with larger lots, which can be more desirable. As you browse listings, consider attending open houses to get a feel for the layout and condition of various homes. Don’t hesitate to enlist a knowledgeable local real estate agent familiar with Victoria Square, as they can provide insights into market trends and help you navigate negotiations. Finally, keep an eye on local developments, as new amenities or infrastructure projects can significantly impact property values in the future.
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Frequently Asked Questions About Markham (Victoria Square)
How many detached homes are for sale in Markham (Victoria Square)?
There are currently 5 detached homes listed for sale in Markham (Victoria Square) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Markham (Victoria Square)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.