MLS® listing
48 Cottonwood Court: home for sale
$998,000
From the listing brokerage
Exceptional Parkside Living in Prestigious Bayview Fairways! Nestled on a quiet, family friendly court, this bright and spacious 3+1 Bedroom & 3+1 Bathroom home backs directly onto the picturesque German Mills Settlers Park, offering beautiful natural views and a tranquil backyard retreat. Featuring hardwood flooring, a charming brick fireplace, and a spacious eat in kitchen with tasteful updates and walkout to a generous deck overlooking lush greenery and scenic parkland. Three well-appointed upper-level bedrooms include a primary suite with a private 4-piece ensuite. The finished walk-out basement offers a recreation room, additional bedroom, 4-piece bathroom, and direct backyard access-ideal for extended family or multigenerational living. Select kitchen and bathroom upgrades add comfort and functionality. Conveniently located near top-rated schools, scenic trails, golf courses, shopping, transit, and major highways. A Rare Park-Backing Retreat Combining Natural Beauty, Versatile Living, and an Exceptional Location!
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Approximate age | 31-50 |
| Style | 3-Storey |
| Basement | Finished with Walk-Out |
| Lot width | 15.75 |
| Lot depth | 154.55 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 4 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $6,201 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | Central Vacuum, Carpet Free, Countertop Range |
Listing courtesy of FIRST CLASS REALTY INC.. MLS® N14086426.
About this home
48 Cottonwood Court is a 4 bedroom home in TRREB's Bayview Fairway-Bayview Country Club Estates community in Markham, listed for sale at $998,000. The listing shows 4 bathrooms and 1500-2000 square feet. The lot is listed as 15.75 by 154.55 feet. It comes with 4 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is East of Bayview/John. The approximate age on the listing is 31-50 years.
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 48 Cottonwood Court
At the asking price of $998,000, 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 | $998,000 |
|---|---|
| Ontario land transfer tax | $16,435 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $74,800 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. 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) | $6,201 a year, about $517 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.
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 15.75 by 154.55 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 4 parking spaces.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. 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 48 Cottonwood Court
How much is land transfer tax on 48 Cottonwood Court?
At the asking price of $998,000 the Ontario land transfer tax is $16,435. 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 48 Cottonwood Court?
$74,800 at the asking price of $998,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 48 Cottonwood Court?
The listing shows $6,201 a year for 2026, about $517 a month.
How do I book a showing for 48 Cottonwood Court?
Use the form on this page or call us. Quote MLS® N14086426. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 48 Cottonwood Court still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn, this address goes to the neighbourhood guide. Where this site has no guide for that community, the page says the home has sold. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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