33 Earnshaw Drive, Markham, ON

Victoria Square, Markham · MLS® N13050984

$1,980,000
For Sale
Listed 81 days ago
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4Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Eyes Locked On This Luxury Residence Located In The Prestigious Victoria Square Community, Offering Over 5,000 SqFt. Of Finished Functional Living Space. This Builder's Model Home, Lovingly Maintained By The Original Owner, Features Numerous Upgrades Including A Whole House Water Filter And Drinkable Water System, Built-In Sound System, Smart Thermostat, Security Alarm System, EV Charger, And Professional Interlocking In Both The Front And Backyard. The Main Floor Boasts Hardwood Flooring, Pot Lights, And A 9 Ft Ceiling, Creating A Bright And Sophisticated Atmosphere. A Stunning Cathedral-Ceiling Dining Room Provides A Grand Setting For Entertaining. The Gourmet Open-Concept Kitchen Showcases Custom Cabinetry, Built-In Appliances, A Large Centre Island With Granite Countertop, And A Spacious Breakfast Area With A Walk-Out To The Rear Deck, Offering Seamless Indoor-Outdoor Living. The Second Floor Features Four Generously Sized Bedrooms And Three Full Bathrooms, Providing Comfort, Functionality, And Flexibility For Family Needs. The Primary Suite Offers A Spacious Layout With Large Windows And A Luxurious Ensuite Bath, Creating A Peaceful Retreat. The Fully Finished Basement Adds Exceptional Value, Designed For Multi-Generational Living With A Large Recreation Room, Modern Kitchen With Eat-In Area, Wet Bar, Gym Area, Library, Sitting Area, And A 3-Piece Bathroom. Perfect For Extended Family, Guests, Or Personalized Use. Ideally Situated In A Highly Sought-After Neighborhood, This Home Is Steps Away From Top-Ranking Schools Including Sir Wilfrid Laurier PS, Pierre Elliott Trudeau HS (FI), And Richmond Green HS. Enjoy Close Proximity To Parks, Community Centre, Costco, Home Depot, Supermarkets, And Major Shopping. Convenient Access To Highway 404 And GO Transit Makes Commuting Easy And Efficient. A Rare Offering That Combines Luxury, Space, And Prime Location-This Home Delivers Exceptional Quality And A Truly Elevated Living Experience.

Key facts

Property type
Detached, 2-Storey
MLS®
N13050984
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000
Lot
45.96 × 96.09 ft
Cross streets
Woodbine Ave / Elgin Mills Rd E
Parking
2 garage · 6 parking (detached)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,622 / 2025
Days on market
81
Listing brokerage
SMART SOLD REALTY

Rooms

Dining RoomMain10.93 × 12.02 m

separate room · hardwood floor · open concept

Living RoomMain11.09 × 16.87 m

separate room · hardwood floor · large window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.51Mest. value

Listed at $1,980,000, this home is about 21% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.26M, 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 $2.45M
  • Bedrooms −$30K
  • Adjusts to $2.42M

That comparable adjusts to $2.42M; the $2.51M estimate above is the median of all 5 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 (Richmond Green SS) 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. Elgin Mills Rd / Victoria Square Blvd is about a 2-minute walk away.

List price
$1.98MGreat deal$2.94MOverpriced

Total price vs nearby homes. Fair value about $2.51M, median of 5 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.67Mavg asking

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

5 Mead Terrace$1.80M6 Joelco Drive$2.52M68 Aitken Circle$2.45M78 Fitzgerald Avenue$2.99M64 SUMMERFELDT Crescent$3.57M

The 5 closest active listings nearby.

See all comparable homes
1.98MThis home1.80M2.52M2.45M2.99M3.57MThis home vs active comparables
Live market pulseActive comparables in Victoria Square · median list $1.99M
$466this home / sqft
6active listings nearby
81days on market

This home lists 34% below the area average of $708/sqft.

77 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

Victoria Square, 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

50/ 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: Elgin Mills Rd / Victoria Square Blvd, about 128 m away

20+ transit stops5 dining15 parks5 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.

Victoria Manor-Jennings Gate
$2.17M
Devil's Elbow
$2.09M
Buttonville
$1.69M
Berczy
$1.43M
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 Victoria Square PS
76%
Victoria Square PSPublic · Elementary · JK-8 · 0.3 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$9,024/mo
$372KIncome needed
5.3×Price ÷ income
$2,083Weekly 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 $9,024Property tax $802Total carry $9,826

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)
$8,453per month

Mortgage amount $1,584,000 · 4.14% over 25 years

$396,000Down payment (20.0%)
$1,584,000Loan before insurance
$0CMHC premium
$9,255Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,453
Property tax
$802
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,255

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

One-time closing costs

Ontario land transfer tax
$36,075
Estimated closing costs
$36,075

Plus your down payment of $396,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,267/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

$951,844Total interest paid
$2,535,844Total of all payments
Principal $1,584,000 Interest $951,844
YearPrincipalInterestBalance
1$37,108$64,326$1,546,892
2$38,660$62,774$1,508,233
3$40,277$61,157$1,467,956
4$41,962$59,472$1,425,994
5$43,717$57,717$1,382,277
6$45,545$55,888$1,336,732
7$47,451$53,983$1,289,281
8$49,435$51,998$1,239,846
9$51,503$49,931$1,188,343
10$53,657$47,776$1,134,686
11$55,902$45,532$1,078,784
12$58,240$43,194$1,020,544
13$60,676$40,758$959,867
14$63,214$38,220$896,653
15$65,858$35,575$830,795
16$68,613$32,821$762,182
17$71,483$29,951$690,699
18$74,473$26,961$616,226
19$77,588$23,846$538,638
20$80,834$20,600$457,804
21$84,215$17,219$373,589
22$87,737$13,696$285,852
23$91,407$10,027$194,445
24$95,231$6,203$99,214
25$99,214$2,220$0

At the end of your 5-year term

Total paid over the term
$507,169
Principal paid down
$201,723
Interest paid
$305,446
Balance remaining
$1,382,277

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$7,350/mo
$88,200Gross annual rent
3.4%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.

4.5%
Gross yield
− Property tax $9,622− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $67,476

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

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