21 Summerlea Street, Markham, ON

Middlefield, Markham · MLS® N12839550

$1,299,999
For Sale
Listed 136 days ago
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6Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Priced to Sell!! Welcome to 21 Summerlea St! Discover this spacious 5+1 bedroom detached home located in the highly sought-after Middlefield community. Situated on a generous lot, this solid brick home seamlessly blends elegance and functionality, featuring hardwood flooring throughout. The backyard offers an enclosed second kitchen, perfect for those who love to cook and entertain. The bright family room provides a warm gathering space, complete with a cozy gas fireplace. The second level boasts five generously sized bedrooms, including a primary retreat with a walk-in closet and 4-piece ensuite. The finished basement is ideal for entertaining, showcasing a wet bar with mirrored backsplash overlooking a large recreation room, along with an additional bedroom and washroom-adding exceptional value. Garage, Driveway and Roof (2024). Prime location! Close to top-ranked schools, places of worship, Pacific Mall, shopping, GO Train, TTC, and Hwy 401/407. This gem won't last-schedule your showing today!

Key facts

Property type
Detached, 2-Storey
MLS®
N12839550
Bedrooms
6 (5 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
32.81 × 127.95 ft
Cross streets
14th Ave/Mccowan
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,750 / 2025
Days on market
136
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Living RoomMain7.22 × 3.27 m

hardwood floor · combined w/dining

Dining RoomMain7.22 × 3.27 m

hardwood floor · combined w/living

Primary BedroomSecond5.04 × 4.85 m

4 pc ensuite · walk-in closet(s) · hardwood floor

Family RoomMain3.88 × 3.66 m

gas fireplace · hardwood floor

KitchenMain3.26 × 2.56 m

Ceramic Floor

Bedroom 3Second3.31 × 3.03 m

large closet · hardwood floor

OtherBasement3.35 × 2.08 m

wet bar · mirrored walls

Bedroom 5Second4.33 × 3.22 m

hardwood floor · overlooks frontyard

BathroomBasement3.17 × 3.80 m

closet · broadloom

BreakfastMain2.87 × 2.44 m

ceramic floor · w/o to yard

Bedroom 4Second3.63 × 3.33 m

large closet · hardwood floor

Bedroom 2Second3.32 × 3.15 m

large closet · hardwood floor

RecreationBasement4.47 × 6.99 m

Mirrored Walls

Moe’s TakeTeam Asgarian · Broker
In line
$1.32Mest. value

Listed at $1,299,999, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.13M, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.40M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.41M

That comparable adjusts to $1.41M; the $1.32M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Coppard Glen PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Middlefield Rd / Highglen Av is about a 2-minute walk away.

List price
$1.19MGreat deal$1.38MOverpriced

Total price vs nearby homes. Fair value about $1.32M, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.39Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1 Capogna Street$1.26M259 William Forster Road$1.34M62 Aberfeldy Crescent$1.58M

The 3 closest active listings nearby.

See all comparable homes
1.30MThis home1.26M1.34M1.58MThis home vs active comparables
Live market pulseActive comparables in Middlefield · median list $1.05M
$578this home / sqft
5active listings nearby
136days on market

This home lists 0% above the area average of $577/sqft.

132 days longer than the Markham average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Middlefield, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

56/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Middlefield Rd / Highglen Av, about 157 m away

20+ transit stops2 grocery20+ dining14 parks11 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Milliken Mills East
$1.42M
Raymerville
$1.37M
Box Grove
$1.03M
Markham Village
$1.16M
Unionville
$2.16M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Coppard Glen PS
71%
Coppard Glen PSPublic · Elementary · JK-8 · 0.6 km awayAround the GTA average · 71% meet the provincial standard
Middlefield CIEQAO results not published

Affordability & Mortgage

Affordability
$5,925/mo
$244KIncome needed
5.3×Price ÷ income
$1,367Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $5,925Property tax $479Total carry $6,404

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,550per month

Mortgage amount $1,039,999 · 4.14% over 25 years

$260,000Down payment (20.0%)
$1,039,999Loan before insurance
$0CMHC premium
$6,029Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,550
Property tax
$479
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,029

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$22,475
Estimated closing costs
$22,475

Plus your down payment of $260,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,741/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$624,947Total interest paid
$1,664,947Total of all payments
Principal $1,039,999 Interest $624,947
YearPrincipalInterestBalance
1$24,364$42,234$1,015,636
2$25,383$41,215$990,253
3$26,444$40,153$963,809
4$27,551$39,047$936,258
5$28,703$37,895$907,555
6$29,904$36,694$877,652
7$31,154$35,444$846,497
8$32,457$34,140$814,040
9$33,815$32,783$780,225
10$35,230$31,368$744,995
11$36,703$29,895$708,292
12$38,238$28,359$670,053
13$39,838$26,760$630,216
14$41,504$25,094$588,711
15$43,240$23,358$545,471
16$45,049$21,549$500,422
17$46,933$19,665$453,489
18$48,896$17,701$404,592
19$50,942$15,656$353,651
20$53,073$13,525$300,578
21$55,292$11,305$245,286
22$57,605$8,993$187,680
23$60,015$6,583$127,666
24$62,525$4,073$65,140
25$65,140$1,457$0

At the end of your 5-year term

Total paid over the term
$332,989
Principal paid down
$132,444
Interest paid
$200,545
Balance remaining
$907,555

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
2.9%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.9%
Gross yield
− Property tax $5,750− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,706

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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