54 Braeburn Drive, Markham, ON
Aileen-Willowbrook, Markham · MLS® N12997200
About this home
In short
- Rare opportunity in prestigious Aileen-Willowbrook.
- Thoughtfully designed with elegant formal living and dining rooms, a functional eat-in kitchen, and a warm family room with fireplace and walk-out to a private...
- Extensively updated throughout, the home features newly painted interiors, new LED pot lights throughout, and a new air conditioning (AC) system with smart control...
- The finished 2-bedroom basement apartment with separate entrance offers excellent flexibility for extended family, guests, or income potential.
- The backyard is perfect for outdoor enjoyment with a newly built deck and custom built-in bench seating.
Rare opportunity in prestigious Aileen-Willowbrook! Bright and beautifully proportioned 4+2 bedroom executive residence situated on a premium 45' x 110' lot in one of Markham's most sought-after family communities. Thoughtfully designed with elegant formal living and dining rooms, a functional eat-in kitchen, and a warm family room with fireplace and walk-out to a private backyard-ideal for everyday living and entertaining. Extensively updated throughout, the home features newly painted interiors, new LED pot lights throughout, and a new air conditioning (AC) system with smart control integration for modern comfort and efficiency. A newly added second laundry room on the main floor enhances everyday convenience.The finished 2-bedroom basement apartment with separate entrance offers excellent flexibility for extended family, guests, or income potential. The backyard is perfect for outdoor enjoyment with a newly built deck and custom built-in bench seating.Complete with double garage parking and located steps to top-ranked Willowbrook PS and Thornlea SS, as well as parks, transit, shopping, and major highways, this is a rare opportunity to own a refined and move-in-ready home in a highly desirable neighbourhood.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N12997200
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 45 × 110 ft
- Cross streets
- Bayview / Willowbrook
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,269 / 2025
- Days on market
- 188
- Listing brokerage
- SOLTANIAN REAL ESTATE INC.
Rooms
laminate · closet
separate room · hardwood floor
laminate · closet
hardwood floor · open concept · granite counters
laminate · mirrored closet
laminate · pot lights
laminate · closet
formal rm · hardwood floor
laminate · hardwood floor · 4 pc ensuite
hardwood floor · w/o to yard · fireplace
laminate · mirrored closet
Listed at $1,468,000, about 1% above our estimate of $1.45M (homes like it typically land between $1.36M and $1.52M).
Why $1.45M. The typical detached home sold in Aileen-Willowbrook over the past year went for about $1.43M (35 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $7,269 a year; the typical home sold here pays about $7,000.
- ▼ Lowers it slightlyIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
Total price vs nearby homes. Fair value about $1.45M, learned from recent GTA sales.
The market behind the math:
About 6 months of inventory: 8 detached homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $839/sqft against an area asking average of $730/sqft.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Aileen-Willowbrook: 14 of the 50 detached leases here lately were basement units, around $1,998 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 32 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.37M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Based on 32 comparable homes that sold in Aileen-Willowbrook over the past two years, from 60 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $798/sqft; this home lists at $839/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
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.
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) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,174,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,493
- Property tax
- $606
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,099
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,835
- Estimated closing costs
- $25,835
Plus your down payment of $293,600. 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
- $389,608
- Principal paid down
- $143,490
- Interest paid
- $246,118
- Balance remaining
- $1,030,910
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
The suite is real income here: basements rent in Aileen-Willowbrook (14 of 50 recent detached leases were basement units, around $1,998 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,998 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 7 whole-home leases in Aileen-Willowbrook signed at a median of $4,176 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,016. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOLTANIAN REAL ESTATE INC.. MLS®/PropTx.