36 Jondan Crescent, Markham, ON

Royal Orchard, Markham · MLS® N13144934

$1,386,000
For Sale
Listed 59 days ago
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Rare Opportunity for Builders, Developers & Investorsall the Hard Work is Done. The Current Owner Has Partnered With Designers, Architects, and the City of Markham to Produce Fully Approved Plans for a Stunning Modern Luxury Home. Priced at Land Value With Approved Building Permits Included, Simply Pull the Permits and Build.the Proposed Home Offers Approximately 3,800 Sq Ft Above Grade Across Two Storeys, Featuring 4 Spacious Bedrooms Each With Their Own Ensuite, a Grand Foyer, Chef's Kitchen, Breakfast Area, Family Room, Formal Living and Dining, and a Dedicated Home Office. The Fully Finished Basement Adds a Gym, Recreation Room, Wet Bar, Wine Cellar, and Sauna. An Elevator, Covered Deck, and 2-car Garage Complete This Exceptional Design.with an Estimated Build Cost of Approximately $1.5m in Premium Finishes, and Comparable New Builds in the Area Valued Near $3.08m, the Upside is Undeniable. Seller Take Back (Loan) May Be Considered for Qualified Buyers. Located on a Premium Ravine Lot in a Sought-after, Family Friendly Markham Neighbourhood With Easy Access to Hwy 407, Top-rated Schools, Dining, and an Upcoming Subway LINE.

Key facts

Property type
Detached, Backsplit 5
MLS®
N13144934
Bedrooms
4
Bathrooms
3
Size
2500-3000
Lot
55 × 110.72 ft
Cross streets
Bayview/ 407 ETR
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,037 / 2025
Days on market
59
Listing brokerage
THE AGENCY
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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. Bayview Av / Romfield Circt is about a 3-minute walk away.

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.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Elevator: rare and valuable for accessibility and resale.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Royal Orchard · asking prices
$1.84Mavg asking

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

49 Apple Orchard Path$1.73M280 Henderson Avenue$2.10M10 Cherry Blossom Lane$1.69M

The 3 closest active listings nearby.

See all comparable homes
1.39MThis home1.73M2.10M1.69MThis home vs active comparables
Live market pulseActive comparables in Royal Orchard · median list $1.69M
$504this home / sqft
13active listings nearby
59days on market

55 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

Royal Orchard, 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

69/ 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: Bayview Av / Romfield Circt, about 252 m away

20+ transit stops3 grocery20+ dining20+ parks6 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.

Thornlea
$1.94M
Buttonville
$1.69M
Victoria Manor-Jennings Gate
$2.17M
Unionville
$2.16M
Devil's Elbow
$2.09M

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 Thornlea SS
84%
Thornlea SSPublic · Secondary · 9-12 · 0.6 km awayHigher-rated than most nearby · 84% meet the provincial standard
Stornoway Crescent PSEQAO results not published

Affordability & Mortgage

Affordability
$6,317/mo
$272KIncome needed
5.1×Price ÷ income
$1,458Weekly 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.

88%mortgage
Mortgage $6,317Property tax $836Total carry $7,153

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%
$
%
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)
$5,917per month

Mortgage amount $1,108,800 · 4.14% over 25 years

$277,200Down payment (20.0%)
$1,108,800Loan before insurance
$0CMHC premium
$6,753Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,917
Property tax
$836
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,753

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

One-time closing costs

Ontario land transfer tax
$24,195
Estimated closing costs
$24,195

Plus your down payment of $277,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,187/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

$666,290Total interest paid
$1,775,090Total of all payments
Principal $1,108,800 Interest $666,290
YearPrincipalInterestBalance
1$25,975$45,028$1,082,825
2$27,062$43,942$1,055,763
3$28,194$42,810$1,027,569
4$29,373$41,630$998,196
5$30,602$40,402$967,594
6$31,882$39,122$935,712
7$33,215$37,788$902,497
8$34,605$36,399$867,892
9$36,052$34,951$831,840
10$37,560$33,443$794,280
11$39,131$31,872$755,149
12$40,768$30,236$714,381
13$42,473$28,530$671,907
14$44,250$26,754$627,657
15$46,101$24,903$581,556
16$48,029$22,974$533,527
17$50,038$20,965$483,489
18$52,131$18,872$431,358
19$54,312$16,692$377,046
20$56,584$14,420$320,463
21$58,950$12,053$261,512
22$61,416$9,588$200,096
23$63,985$7,019$136,111
24$66,661$4,342$69,450
25$69,450$1,554$0

At the end of your 5-year term

Total paid over the term
$355,018
Principal paid down
$141,206
Interest paid
$213,812
Balance remaining
$967,594

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$5,250/mo
$63,000Gross annual rent
3.2%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 $10,037− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $44,633

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

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