250 Church Street, Markham, ON

Markham Village, Markham · MLS® N12932472

$3,899,998
For Sale
Listed 111 days ago
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7Bedrooms
7Bathrooms
4Garage · 16 parking
5,000Sq Ft

About this home

Spectacular Custom Built Luxury Home In prestigious Old Markham Village Community. Premium pie-shaped lot. Open Concept Main Flr W/10 Ft Ceilings, Beautiful Kitchen W/Oversized Island, Breakfast area and a lot of cabinets. Overlooking The Sprawling Great Room. Spacious primary bedroom with access to a rooftop patio, skylight and an adjacent Den that can be used as an office or baby room. The second primary bedroom can be converted into a nanny or in-law suite with full kitchen amenities. Main floor bedroom can be used as an office w/separate entrance. Huge 4cars drive through garage. Main floor Solarium w/Heated Pool W/Ozone 2 System. 4-stop elevator rough-in mechanical rm rough. It spaced for a Graraventa Elevator. Huge 10 ft Walk-Up Basement w/4-pc rough-in. 3 skylights, Central Vacuum rough-in is ready for installation.

Key facts

Property type
Detached, 2-Storey
MLS®
N12932472
Bedrooms
7 (6 + 1)
Bathrooms
7
Size
5,000 sq ft
Lot
100 × 253 ft
Cross streets
Highway 7 & Ninth Line
Parking
4 garage · 16 parking (built-in)
Driveway
Private
Basement
Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Pool
Indoor
Property tax
$19,111 / 2026
Days on market
111
Listing brokerage
RIGHT AT HOME REALTY

Rooms

BedroomSecond4.70 × 4.30 m

w/o to terrace · 5 pc ensuite · hardwood floor

PantryMain0.00 × 0.00 m

hardwood floor · window

Great RoomMain7.15 × 6.20 m

hardwood floor · gas fireplace · pot lights

KitchenMain4.65 × 4.40 m

centre island · quartz counter · window

BreakfastMain4.65 × 2.83 m

hardwood floor · w/o to deck · pot lights

Primary BedroomSecond6.23 × 6.00 m

5 pc ensuite · skylight · w/o to terrace

OfficeMain0.00 × 0.00 m

hardwood floor · walk-in closet(s) · w/o to yard

DenSecond4.64 × 2.94 m

hardwood floor · w/o to terrace · pot lights

Dining RoomMain3.46 × 3.05 m

hardwood floor · pot lights · formal rm

BedroomSecond4.10 × 3.40 m

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

BedroomSecond3.96 × 3.35 m

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

Primary BedroomMain6.30 × 6.10 m

hardwood floor · 4 pc ensuite · w/o to yard

Family RoomMain3.85 × 3.40 m

hardwood floor · pot lights · w/o to pool

SolariumMain6.05 × 4.67 m

w/o to yard · pot lights

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$3.39Mest. value

Listed at $3,899,998, this home is tracking about 15% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.56M, higher than the comparables and worth a second look.

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 $2.20M
  • Size difference +$1.46M
  • Bedrooms +$30K
  • Bathrooms +$45K
  • Adjusts to $3.74M

That comparable adjusts to $3.74M; the $3.39M estimate above is the median of all 22 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.

Its public catchment (Markham District HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Ninth Line / Church St is about a 1-minute walk away.

List price
$3.27MGreat deal$3.90MOverpriced

Total price vs nearby homes. Fair value about $3.39M, median of 22 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Income potential
  • Weigh carefully
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.26Mavg asking

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

2 Jennings Gate$2.98M75 Boxwood Crescent$1.80M115 Golden Tulip Crescent$2.00M

The 3 closest active listings nearby.

See all comparable homes
3.90MThis home2.98M1.80M2.00MThis home vs active comparables
Live market pulseActive comparables in Markham Village · median list $1.30M
$780this home / sqft
22active listings nearby
111days on market

This home lists 12% above the area average of $694/sqft.

107 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

Markham Village, 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

62/ 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: Ninth Line / Church St, about 86 m away

20+ transit stops20+ dining20+ parks9 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.

Cornell
$1.35M
Greensborough
$1.44M
Raymerville
$1.37M
Box Grove
$1.03M
Middlefield
$1.06M

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 Reesor Park PS
72%
Reesor Park PSPublic · Elementary · JK-8 · 0.6 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$17,775/mo
$730KIncome needed
5.3×Price ÷ income
$4,102Weekly 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.

92%mortgage
Mortgage $17,775Property tax $1,593Total carry $19,367

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$16,649per month

Mortgage amount $3,119,998 · 4.14% over 25 years

$780,000Down payment (20.0%)
$3,119,998Loan before insurance
$0CMHC premium
$18,242Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,649
Property tax
$1,593
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,242

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

One-time closing costs

Ontario land transfer tax
$83,975
Estimated closing costs
$83,975

Plus your down payment of $780,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,222/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

$1,874,842Total interest paid
$4,994,841Total of all payments
Principal $3,119,998 Interest $1,874,842
YearPrincipalInterestBalance
1$73,091$126,703$3,046,908
2$76,148$123,646$2,970,760
3$79,333$120,460$2,891,426
4$82,652$117,142$2,808,775
5$86,109$113,685$2,722,666
6$89,711$110,083$2,632,955
7$93,463$106,331$2,539,492
8$97,372$102,421$2,442,120
9$101,445$98,348$2,340,674
10$105,689$94,105$2,234,985
11$110,110$89,684$2,124,876
12$114,715$85,078$2,010,161
13$119,514$80,280$1,890,647
14$124,513$75,281$1,766,134
15$129,721$70,073$1,636,413
16$135,147$64,647$1,501,267
17$140,800$58,994$1,360,467
18$146,689$53,104$1,213,777
19$152,825$46,968$1,060,952
20$159,218$40,576$901,735
21$165,877$33,916$735,857
22$172,816$26,978$563,041
23$180,044$19,749$382,997
24$187,575$12,218$195,421
25$195,421$4,372$0

At the end of your 5-year term

Total paid over the term
$998,968
Principal paid down
$397,333
Interest paid
$601,636
Balance remaining
$2,722,666

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$10,500/mo
$126,000Gross annual rent
2.3%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.

3.2%
Gross yield
− Property tax $19,111− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $91,629

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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