34 Townson Road, Markham, ON

Cachet, Markham · MLS® N13018872

$2,780,000
For Sale
Listed 178 days agoNo offer date statedSitting longer than typical
4+2Bedrooms
7Bathrooms
3Garage · 7 parking
3500-5000Sq ft

About this home

Over $$$200,000 Renovation Top To Bottom Including Roof Shingles(2006),new Skylight(2024)*Exquisitely Designed*Granite Floor & Counter Top*Long Stripped Stained Hardwd*Over 100 Halogen Lights*Skyite*Ensuite In Every Bedrm*Huge Deck With Glass Insert*New backyard sliding door.*(2026)Landscaped & Interlock Drive*Nanny's Quarter W/Ensuite*Large Recreation Area*Games Room*Back On To Large Open Field.Over look the Stream***The listing price include all furnitures.

Key facts

Property type
Detached, 2-Storey
MLS®
N13018872
Bedrooms
4+2 (6 total)
Bathrooms
7 (2 half)
Size
3500-5000 sq ft
Lot
60.9 × 175 ft
Cross streets
Woodbine/16th
Parking
3 garage · 7 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,905 / 2026
Days on market
178
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Dining RoomMain3.45 × 3.35 m

hardwood floor · halogen lighting · fireplace

RecreationBasement11.28 × 4.27 m

halogen lighting · w/o to yard · 2 pc bath

Bedroom 2Second3.35 × 3.35 m

broadloom · 3 pc ensuite · closet

Bedroom 3Second4.88 × 3.35 m

broadloom · 3 pc ensuite · closet

KitchenMain3.55 × 3.25 m

granite floor · granite counters · halogen lighting

Living RoomMain5.33 × 3.25 m

hardwood floor · halogen lighting · combined w/dining

Bedroom 5Basement7.92 × 6.40 m

3 pc ensuite · closet

Bedroom 4Second5.49 × 3.96 m

broadloom · 3 pc ensuite · closet

BreakfastMain3.81 × 3.45 m

granite floor · w/o to deck

Family RoomMain5.70 × 3.25 m

hardwood floor · halogen lighting · fireplace

Primary BedroomSecond7.32 × 3.78 m

broadloom · 5 pc ensuite · walk-in closet(s)

StudyMain7.00 × 3.25 m

hardwood floor · halogen lighting · b/i bookcase

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.72Mlikely sale price

Listed at $2,780,000. Going by how homes in Cachet and the wider GTA have actually closed against their asking prices (about 98%, 12 local closings in 90 days), the likely sale price is near $2.72M, if it sells. A realistic range is $2.55M to $3.06M.

Independent value check: $2.37M. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $2.22M and $2.48M).

Why $2.37M. The typical detached home sold in Cachet over the past year went for about $2.03M (41 sales). What sets this one apart:

  • ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 3,000 to 3,500.
  • ▲ Raises it3 garage and 7 total parking spaces, against 2 and 6 typically.
  • ▲ Raises it4+2 bedrooms and 7 baths, against 4+1 and 5 typically.
  • ▲ Raises it slightlyIts lot is 61 by 175 ft; the typical lot sold here is 59 by 115.

Longer on the market than typical. 178 days on the market against about 25 for homes like it here, and asking 17% above where comparable closings put it.

List price
$2.55MBelow recent closings$3.06MAbove recent closings

Total price vs nearby homes. Likely closing about $2.72M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$2.09Mmedian sold price
101%of asking, on average
−6%prices vs a year ago
~16 dayshomes like this take to sell
178days on market so far
$4,971/moest. rent · 18 leases
2.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 9 detached homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $654/sqft against an area asking average of $648/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Cachet basements rarely rent out (2 of 45 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.27M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($654/sqft) is in line with the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Cachet, so I widened the search to the surrounding area.

Based on 12 comparable homes that sold in Cachet over the past two years, from 87 closings there.

What sellers nearby are askingCurrently listed nearby in Cachet · asking prices
$2.43Mavg asking

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 $573/sqft; this home lists at $654/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.78MThis home2.56M2.40M2.35MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Cachet, 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.

Nearby neighbourhoods

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

Unionville
$2.06M
Angus Glen
$1.66M
Berczy
$1.70M
Markville
$1.00M
Aileen-Willowbrook
$1.51M

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

Affordability
$12,670/mo
$513KIncome needed
5.4×Price ÷ income
$2,924Weekly cost
$55,975Land transfer tax, one-time (Ontario)
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 $12,670Property tax $909Total carry $13,579

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,297per month

Mortgage amount $2,224,000 · 4.49% over 25 years

$556,000Down payment (20.0%)
$2,224,000Loan before insurance
$0CMHC premium
$13,206Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,297
Property tax
$909
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,206

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

One-time closing costs

Ontario land transfer tax
$55,975
Estimated closing costs
$55,975

Plus your down payment of $556,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,883/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

$1,465,063Total interest paid
$3,689,063Total of all payments
Principal $2,224,000 Interest $1,465,063
YearPrincipalInterestBalance
1$49,630$97,932$2,174,370
2$51,884$95,679$2,122,486
3$54,239$93,323$2,068,247
4$56,702$90,861$2,011,545
5$59,277$88,286$1,952,268
6$61,968$85,595$1,890,300
7$64,782$82,781$1,825,519
8$67,723$79,840$1,757,796
9$70,798$76,765$1,686,998
10$74,012$73,550$1,612,986
11$77,373$70,190$1,535,613
12$80,886$66,677$1,454,728
13$84,558$63,004$1,370,169
14$88,398$59,165$1,281,772
15$92,411$55,151$1,189,361
16$96,607$50,956$1,092,754
17$100,993$46,569$991,760
18$105,579$41,984$886,181
19$110,373$37,190$775,809
20$115,384$32,179$660,425
21$120,623$26,940$539,802
22$126,100$21,463$413,703
23$131,825$15,738$281,878
24$137,810$9,752$144,067
25$144,067$3,495$0

At the end of your 5-year term

Total paid over the term
$737,813
Principal paid down
$271,732
Interest paid
$466,081
Balance remaining
$1,952,268

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
From 18 whole-home leases in Cachet$4,971/mo
$59,652Gross annual rent
1.5%Cap rate after taxes and upkeep
$4,722 to $5,438Typical rent range
~33 daysTo find a tenant, on average

About the suite: in Cachet basements rarely rent out (2 of 45 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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

Talk about the numbers

The last 18 whole-home leases in Cachet signed at a median of $4,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,971. 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.

2.1%
Gross yield
− Property tax $10,905− Insurance $1,400− Vacancy & upkeep $6,562Net operating income $40,785

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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