156 Mumbai Drive, Markham, Ontario, Canada. - Hero Image
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156
Mumbai Drive
Markham | Ontario

Desert Island

Luxury Edition

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SARAH Salesperson
SARAH Salesperson
Presented At
$1,189,990
Bedrooms
3
Bathrooms
3
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156 Mumbai Drive, Markham, Ontario, Canada. , Markham , Ontario

Welcome to this new elegant freehold luxury townhome

Welcome to this new elegant freehold luxury townhome, crafted by the acclaimed Remington Group. This end unit offers 1,933 square feet of beautifully designed living space that feels bright, open, and inviting from the moment you step inside. Expansive side windows flood the home with natural light, while 9 foot ceilings on both levels create an airy and elevated feel. The kitchen blends form and function with granite countertops, tall cabinetry, a central island, and a sleek stainless steel hood fan. Hardwood floors flow through the main level, adding warmth and timeless character. Upstairs, the primary bedroom is spacious and thoughtfully designed with double closets and a freestanding tub in the ensuite, offering a touch of everyday luxury. Each bedroom has a walk in closet, while the primary offers his and hers, creating a beautifully organized and comfortable living space. The backyard offers peaceful green space, perfect for slow mornings, family gatherings, or quiet evenings. This location places you steps from the Aaniin Community Centre, top schools, transit, major highways, trails, and golf clubs, bringing convenience and lifestyle together.

Exterior

Property

Gallery

3D Street View Tour

Map showing 156 Mumbai Drive, Markham, Ontario, Canada.

Property Location

156 Mumbai Drive, Markham, Ontario, Canada., Markham Ontario

Local Weather & Climate

Markham, Ontario

Current Conditions Updated recently
36 °F
Overcast clouds
Feels Like 28°F
Humidity 85%
Wind 11 mph
Visibility 6.2 mi
Sunrise 11:41 AM
Sunset 11:13 PM
5-Day Forecast
Sun 8 Mar
Clouds
High 55°
Low 39°
Mon 9 Mar
Clouds
High 59°
Low 40°
Tue 10 Mar
Clouds
High 53°
Low 42°
Wed 11 Mar
Rain
High 45°
Low 34°
Thu 12 Mar
Clouds
High 38°
Low 24°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Markham?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Markham. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $118,999,000 20% down ($23,799,800)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$10,226
$10,226/day
Your home may appreciate while you sleep
$71,776/week $311,027/mo $3,732,328/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$65.5M
vs
OWN 📈 +$92.9M
$92.9M Potential Equity
vs $65.5M lost to rent over 10 years
$23.8M Down Payment Growth
3.9x
10yr
$92.9M
8.1x
20yr
$192.3M
12.6x
30yr
$300.5M
Wealth Comparison
×716
Equivalent to 716 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $300.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $140.1M +18%
Market $162.1M +36%
Optimistic $187.0M +57%
$92.9M est. equity
20 Years
Conservative $165.0M +39%
Market $220.7M +85%
Optimistic $293.9M +147%
$192.3M est. equity
30 Years
Conservative $194.4M +63%
Market $300.5M +153%
Optimistic $461.8M +288%
$300.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 156 Mumbai Drive, Markham, Ontario, Canada features 3 bedrooms.
This property is listed at $118,999,000.
Based on current market indicators, Markham shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Markham, Ontario. The property is situated in an established neighborhood with convenient access to local amenities and services.
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