183 Willowbrook Road, Markham, ON
Aileen-Willowbrook, Markham · MLS® N12939646
About this home
Client RemarksWelcome to 183 Willowbrook Rd. Location!Location!Location! Ideal for investment or first-time home buyers. Close to top rated schools - Thornlea Secondary School, and Willowbrook Public School. Close to Hwy 404/407 and Bayview Ave, Community Centre, Restaurants and Supermarkets. Great family friendly neighborhood in the Willowbrook Aileen area of Thornhill! Above grade finished SQFT is 2204 as per mpac. Updated main level with Hardwood Floor, Stairs, kitchen, laundry, and bathrooms. This home also boasts a finished basement with a separate entrance. The basement has 3 bedrooms and 2 bathrooms, kitchen and laundry room, it can bring extra $2500-$3000 per month income depend on the marketing. A must see!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N12939646
- Bedrooms
- 7 (4 + 3)
- Bathrooms
- 5 (2 half)
- Size
- 2000-2500
- Lot
- 58.7 × 108.7 ft
- Cross streets
- GreenLane/Bayview
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $6,723 / 2025
- Days on market
- 108
- Listing brokerage
- CENTURY 21 LANDUNION REALTY INC.
Rooms
Pot Lights
pot lights · combined w/library
large closet · large window
large closet · large window
hardwood floor · combined w/living
hardwood floor · combined w/living
hardwood floor · combined w/dining · pot lights
Pot Lights
hardwood floor · combined w/living
window · pot lights
hardwood floor · combined w/kitchen
hardwood floor · breakfast area · b/i oven
4 pc bath · double closet
large closet · large window
Listed at $1,498,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Aileen-Willowbrook, so I widened the search to the surrounding area.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.48M, a close match.
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 $1.26M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.30M
That comparable adjusts to $1.30M; the $1.40M estimate above is the median of all 11 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.
On schools, this address is zoned for Thornlea SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Willowbrook Rd / Holm Cres is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.40M, median of 11 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 12% below the area average of $754/sqft.
104 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Aileen-Willowbrook, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Willowbrook Rd / Holm Cres, about 108 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,198,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,395
- Property tax
- $560
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,955
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,435
- Estimated closing costs
- $26,435
Plus your down payment of $299,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $383,706
- Principal paid down
- $152,617
- Interest paid
- $231,090
- Balance remaining
- $1,045,783
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LANDUNION REALTY INC.. MLS®/PropTx.