MLS® listing
77 Forty Second Street: detached house for sale
$2,328,000
From the listing brokerage
An Exceptional 5+2 Bedroom, 6-Bathroom Residence In The Heart Of Highly Sought-After Markville! Ideally Positioned On A Quiet Interior Street Away From Busy Main Roads, This Distinctive Home Offers A Rare Combination Of Prime Location, Privacy, Modern Design And Exceptional Living Space. Beautifully Reimagined And Extensively Updated, The Home Stands Out In The Neighbourhood With Its Contemporary Exterior, Thoughtfully Redesigned Layout And Stylish Interior Finishes. Step Into The Dramatic 17-Ft Grand Foyer Featuring Elegant Coffered Ceilings, Pot Lights, Large Windows, A Stunning Glass-Railing Staircase And Warm Natural Wood-Tone Flooring, Creating A Bright And Sophisticated Modern Aesthetic Throughout. Featuring 5 Generous Bedrooms And 6 Bathrooms, Including A Rare Main-Floor Ensuite Bedroom With Separate Side Entrance, Ideal For Guests, Parents Or A Private Home Office. The Bright Modern Kitchen Features A Large Centre Island, Abundant Cabinetry And Generous Counter Space, Opening To Spacious Principal Rooms Designed For Both Everyday Living And Entertaining. The Primary Bedroom Features A Custom-Fitted Closet. The Professionally Finished Basement Offers Outstanding Additional Living And Entertainment Space With A Wet Bar, Custom Cabinetry And Counters, Sauna, Theatre Room With Built-In Bluetooth Speakers, Additional Bedroom And Recreation Area. Numerous Upgrades Include A/C Replaced In 2023, Whole-House Water Softener, EV Charging Station And Security Camera System. Professionally Finished Interlock Driveway Provides Ample Parking In Addition To The Garage. Walk To Markville Secondary School, Parks And Neighbourhood Amenities, With Shopping, Transit, Restaurants And Major Routes Minutes Away. A Truly Special Home Combining An Outstanding School District, Quiet Setting, Modern Design, Abundant Natural Light And Exceptional Lifestyle In One Of Markham's Most Desirable Communities!
Facts on the listing
| Square feet | 3000-3500 |
|---|---|
| Style | 2-Storey |
| Basement | Finished |
| Lot width | 47.69 |
| Lot depth | 119.37 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 8 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 11 |
| Property tax | $7,451 |
| Tax year | 2026 |
| Parking | Private Double |
| Interior features | In-Law Suite, Auto Garage Door Remote |
| Features | Park, Public Transit, Rec./Commun.Centre, School |
Listing courtesy of HC REALTY GROUP INC.. MLS® N13698838.
About this detached house
77 Forty Second Street is a 7 bedroom detached house in TRREB's Markville community in Markham, listed for sale at $2,328,000. The listing shows 6 bathrooms and 3000-3500 square feet. The lot is listed as 47.69 by 119.37 feet. It comes with 8 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is Kennedy & 16th.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing and written into the agreement of purchase and sale.
What it costs to buy 77 Forty Second Street
At the asking price of $2,328,000, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $2,328,000 |
|---|---|
| Ontario land transfer tax | $44,675 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $465,600 |
The down payment figure is the federal minimum: 20 percent of the price, which applies at $1.5 million or more. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $7,451 a year, about $621 a month |
|---|
That is before a mortgage payment, home insurance and utilities. These are the figures on the listing, so check the current tax bill before you rely on them.
How the asking price compares
TRREB's Market Watch recorded 108 detached sales in Markham in September 2026, at a median of $1,381,500 and an average of $1,534,139. This home is listed at $2,328,000, which is $946,500 above that median.
A city-wide median covers every size, age and neighbourhood, so it is a reference point and not a valuation of this home. Lot, size, condition and location all move the price. Our September 2026 market report and our Markham house prices page have the figures for each home type.
What to check before you make an offer
- Book a home inspection. An inspection looks at the parts of a house you cannot judge at a showing. Our guide explains what a home inspection covers and misses.
- Ask for the survey. The listing gives the lot as 47.69 by 119.37 feet. If the seller has a survey, check the lot lines, fences and any easements against it.
- Confirm what stays. Have the appliances, fixtures and any rented equipment written into the offer.
- Confirm the parking. The listing shows 8 parking spaces.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the condition of the roof, the basement and the yard.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
Markham homes and neighbourhoods
This site covers Markham neighbourhood by neighbourhood, with TRREB prices, housing and transit for each one. The search also lists homes in the cities around Markham.
Markham neighbourhood guides · Markham house prices · All Markham homes for sale
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Questions about 77 Forty Second Street
How much is land transfer tax on 77 Forty Second Street?
At the asking price of $2,328,000 the Ontario land transfer tax is $44,675. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 77 Forty Second Street?
$465,600 at the asking price of $2,328,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 77 Forty Second Street?
The listing shows $7,451 a year for 2026, about $621 a month.
Is 77 Forty Second Street priced above or below the Markham median?
It is listed at $2,328,000. TRREB's September 2026 median for detached sales in Markham was $1,381,500 across 108 sales, so the asking price is $946,500 higher. The median covers every size and neighbourhood.
How do I book a showing for 77 Forty Second Street?
Use the form on this page or call us. Quote MLS® N13698838. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 77 Forty Second Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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