New furnace and wide corner lot in a family-friendly Markham neighbourhood

Property details for 168 Gas Lamp Lane, Markham

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 42.9 x 105 FT
Stories: 2
Basement: Unfinished, Full
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $4,594

This place just got a brand new furnace in 2025, so you won't have to worry about that for years. It's a 4-bed, 3-bath house with 3 parking spots, including a detached garage. The kitchen has a second entrance and flows right into the main living space, all with hardwood floors and big windows that let in tons of light. Upstairs, the four bedrooms are a good size for a family. Outside, there's a fenced yard on a wide 42.9 by 105 foot corner lot with vinyl siding. Recent updates include the roof from 2019 and a washer and dryer from 2024. It's in Markham, close to Markham Stouffville Hospital at 1.7 km and the Cornell Community Centre. The price is $1,168,000, which is right around the median sold price nearby of $1,173,500. Good spot if you're looking for a solid family home with some fresh upgrades.

About 168 Gas Lamp Lane, Markham — Property Score

Great Location Hot Market

Score: 70/100

Value

Priced 16.2% below area median of $1,394,000 based on 144 comparable properties nearby 94

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

3 bathrooms - 1 fewer than similarly priced properties nearby 48

4,505 sqft lot - a standard lot for the area 65

Location

$104K median household income - above the Canadian average of $70K 82

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

87% homeownership rate - indicating a stable, owner-occupied community 91

32% of residents commute under 30 minutes - longer average commute times 56

4,036/km² population density - a well-balanced suburban area 90

Market

Just listed - area average is 65 days on market 100

+1791.2% median price change over 1 month - rising prices in the area 100

21.7 months of housing supply - 326 active listings with 15 sold last month (buyer's market) 40

Features

3-car garage - area average is 5.4 spots 80

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.39% effective tax rate ($4,594/yr) - very low tax burden 88

13% renter population - primarily owner-occupied area 45

Quality

Condition

Listing

16 photos provided - below the area average of 37 photos 85

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.