46 Sycamore Drive, Markham, ON

Aileen-Willowbrook, Markham · MLS® N13145972

$1,999,000
For Sale
Listed 59 days ago
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7Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Welcome to this Rarely an elegant and timeless detached residence in the prestigious Aileen Willowbrook community of Markham. Nestled on an Impressive Premium Ravine Lot with a With Exclusive Use Of Additional Private City Green Space of the Valley View Park. This Beautifully 5 + 2 Bedrooms Home Features Grand Principal Rooms And A Breathtaking Sun-Filled Spacious Open Concept Layout. Fully Renovated to a High Quality in 2025 with over $600,000 Upgraded from Top to Bottom: New Entrance Door, New Garage Door, New Wide Plank Hardwood Floor Throughout, Expansive New Windows that fill the Home with Natural Light. New Chef's Dream Kitchen With Upgraded Extended Tall Cabinets, Granite Countertops, Backsplash, Quartz Countertops. Smooth Ceilings with Crown Moulding, Pot Lights, New Staircase With Wrought Iron Pickets, Featuring New Roof, Furnace, New Upgraded Interlock Driveway & Backyard, Large Deck, All New Upgraded Bathrooms. Finished Walkout Basement expands more living space with two additional Bedrooms in the Basement offer space, comfort and flexibility. Top Ranking School District ( St Robert and Thornlea S.S. ). Close To Transportation, Highways, Parks, Shops and Restaurants.

Key facts

Property type
Detached, 2-Storey
MLS®
N13145972
Bedrooms
7 (5 + 2)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
46.39 × 129.8 ft
Cross streets
Bayview/Willowbrook
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,346 / 2026
Days on market
59
Listing brokerage
RE/MAX REALTRON TNS REALTY INC.

Rooms

LibraryMain4.43 × 3.04 m

parquet · french doors · window

KitchenMain7.36 × 3.41 m

updated · granite counters · w/o to balcony

Bedroom 3Second3.59 × 3.19 m

broadloom · closet

Family RoomMain5.28 × 3.43 m

fireplace · broadloom

Primary BedroomSecond5.71 × 3.51 m

broadloom · 6 pc ensuite · walk-in closet(s)

Living RoomMain5.15 × 3.41 m

broadloom · bay window · separate room

Dining RoomMain4.45 × 3.54 m

parquet · formal rm · french doors

Bedroom 4Second3.12 × 4.07 m

broadloom · french doors

FoyerMain7.15 × 3.77 m

ceramic floor · double closet · 2 pc bath

Bedroom 2Second3.36 × 3.21 m

broadloom · closet

Family RoomBasement8.29 × 3.33 m

broadloom · w/o to patio · fireplace

Bedroom 5Second3.54 × 2.99 m

broadloom · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
In line
$1.72Mest. value

Listed at $1,999,000, 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 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.80M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.69M
  • Bedrooms +$30K
  • Adjusts to $1.72M

That comparable adjusts to $1.72M; the $1.72M estimate above is the median of all 13 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. Bayview Av / Langstaff Rd is about a 5-minute walk away.

List price
$1.48MGreat deal$2.20MOverpriced

Total price vs nearby homes. Fair value about $1.72M, median of 13 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Income potential
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$2.24Mavg asking

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

116 Riverwalk Drive$1.50M43 Rosemead Close$2.58M8 Prescott Court$2.65M

The 3 closest active listings nearby.

See all comparable homes
2.00MThis home1.50M2.58M2.65MThis home vs active comparables
Live market pulseActive comparables in Aileen-Willowbrook · median list $1.50M
$727this home / sqft
8active listings nearby
59days on market

This home lists 3% below the area average of $746/sqft.

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

Aileen-Willowbrook, 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

64/ 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 / Langstaff Rd, about 387 m away

20+ transit stops3 grocery20+ dining20+ parks8 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.

Royal Orchard
$1.45M
Thornlea
$1.94M
Buttonville
$1.69M
Unionville
$2.16M
Victoria Manor-Jennings Gate
$2.17M

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 Willowbrook PS
79%
Willowbrook PSPublic · Elementary · JK-8 · 0.6 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$9,111/mo
$371KIncome needed
5.4×Price ÷ income
$2,102Weekly 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.

93%mortgage
Mortgage $9,111Property tax $696Total carry $9,806

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)
$8,534per month

Mortgage amount $1,599,200 · 4.14% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,229Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,534
Property tax
$696
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,229

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

One-time closing costs

Ontario land transfer tax
$36,455
Estimated closing costs
$36,455

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,365/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

$960,977Total interest paid
$2,560,177Total of all payments
Principal $1,599,200 Interest $960,977
YearPrincipalInterestBalance
1$37,464$64,943$1,561,736
2$39,031$63,376$1,522,705
3$40,663$61,744$1,482,042
4$42,364$60,043$1,439,678
5$44,136$58,271$1,395,542
6$45,982$56,425$1,349,559
7$47,906$54,501$1,301,653
8$49,910$52,497$1,251,744
9$51,997$50,410$1,199,746
10$54,172$48,235$1,145,574
11$56,438$45,969$1,089,136
12$58,799$43,608$1,030,337
13$61,258$41,149$969,078
14$63,821$38,586$905,258
15$66,490$35,917$838,767
16$69,271$33,136$769,496
17$72,169$30,238$697,327
18$75,188$27,219$622,139
19$78,333$24,074$543,806
20$81,609$20,798$462,197
21$85,023$17,384$377,174
22$88,579$13,828$288,595
23$92,284$10,123$196,311
24$96,144$6,263$100,166
25$100,166$2,241$0

At the end of your 5-year term

Total paid over the term
$512,035
Principal paid down
$203,658
Interest paid
$308,377
Balance remaining
$1,395,542

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
2.3%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.2%
Gross yield
− Property tax $8,346− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,324

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON TNS REALTY INC.. MLS®/PropTx.

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