42 Chasser Drive, Markham, ON

Greensborough, Markham · MLS® N13172850

$1,179,000
For Sale
Listed 53 days ago
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

Located in the highly sought-after Greensborough community in Markham, this beautiful detachedhome offers an exceptional living environment with parks, scenic ponds, convenienttransportation access, and close proximity to Markham Stouffville Hospital.Proudly owned by the original owner, this well-maintained 3-bedroom detached home with asingle-car garage showcases true pride of ownership throughout. Situated on a premium 35-footfrontage lot with a desirable south facing frontage and north facing backyard, the propertyfeatures a very functional and well-proportioned layout.Upon entering the home, you are welcomed by a soaring open-to-above foyer that fills the spacewith abundant natural light and creates a bright, airy atmosphere.The main floor offers a practical and spacious layout with separate family, living, and diningrooms, providing comfortable spaces for both everyday living and entertaining.The second floor features three generously sized bedrooms, including a spacious primary bedroomcomplete with a 4-piece ensuite bathroom.The backyard is large, private, and well-shaped, offering excellent outdoor enjoyment and greatpotential for family activities and gatherings.Overall, this home shows exceptionally well and is located in a highly desirablefamily-friendly neighborhood. The property is within walking distance to elementary schools andis also connected to one of Ontario's top-ranking high schools. Surrounded by restaurants,banks, parks, and everyday amenities, with public transit just a short walk away, the locationoffers outstanding convenience for daily living and commuting. Whether you are looking for acomfortable family home or a solid investment opportunity, this property is an excellent choicein one of Markham's most popular communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13172850
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000
Lot
35.1 × 88.5 ft
Cross streets
16th Ave and 9th Line
Parking
1 garage · 2 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,923 / 2026
Days on market
53
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Bedroom 3Second3.66 × 3.05 m

broadloom · large window · large closet

Dining RoomGround6.10 × 3.35 m

broadloom · combined w/living · open concept

KitchenGround2.74 × 2.49 m

tile floor · overlooks backyard

Family RoomGround4.88 × 3.35 m

broadloom · fireplace · overlooks backyard

Primary BedroomSecond5.49 × 3.35 m

broadloom · 4 pc ensuite · walk-in closet(s)

Living RoomGround6.10 × 3.35 m

broadloom · combined w/dining · open concept

BreakfastGround2.74 × 2.44 m

Tile Floor

Bedroom 2Second3.25 × 2.74 m

broadloom · large window · large closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$959Kest. value

Listed at $1,179,000, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.15M, a bit higher.

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 $990K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $945K

That comparable adjusts to $945K; the $959K estimate above is the median of all 7 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 Greensborough PS, 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. Ninth Line / Northvale Rd is about a 1-minute walk away.

List price
$945KGreat deal$1.18MOverpriced

Total price vs nearby homes. Fair value about $959K, median of 7 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.15Mavg asking

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

16 Chase Court$998k90 Titan Trail$900k44 Bendamere Crescent$1.17M215 Grandview Avenue$1.60M15 Hislop Drive$1.10M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.18MThis home998k900k1.17M1.60M1.10MThis home vs active comparables
Live market pulseActive comparables in Greensborough · median list $1.22M
$674this home / sqft
7active listings nearby
53days on market

This home lists 9% above the area average of $616/sqft.

49 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

Greensborough, 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

54/ 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: Ninth Line / Northvale Rd, about 59 m away

20+ transit stops2 dining20+ 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.

Cornell
$1.35M
Markham Village
$1.16M
Raymerville
$1.37M
Box Grove
$1.03M
Berczy
$1.43M

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 Greensborough PS
83%
Greensborough PSPublic · Elementary · JK-8 · 0.4 km awayHigher-rated than most nearby · 83% meet the provincial standard
Unnamed SS (Greensborough)EQAO results not published

Affordability & Mortgage

Affordability
$5,373/mo
$221KIncome needed
5.3×Price ÷ income
$1,240Weekly 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 $5,373Property tax $410Total carry $5,784

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)
$5,033per month

Mortgage amount $943,200 · 4.14% over 25 years

$235,800Down payment (20.0%)
$943,200Loan before insurance
$0CMHC premium
$5,444Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,033
Property tax
$410
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,444

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

One-time closing costs

Ontario land transfer tax
$20,055
Estimated closing costs
$20,055

Plus your down payment of $235,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,113/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

$566,780Total interest paid
$1,509,980Total of all payments
Principal $943,200 Interest $566,780
YearPrincipalInterestBalance
1$22,096$38,303$921,104
2$23,020$37,379$898,084
3$23,983$36,416$874,101
4$24,986$35,413$849,115
5$26,031$34,368$823,083
6$27,120$33,279$795,963
7$28,255$32,145$767,708
8$29,436$30,963$738,272
9$30,668$29,731$707,604
10$31,951$28,449$675,654
11$33,287$27,112$642,367
12$34,679$25,720$607,687
13$36,130$24,269$571,557
14$37,641$22,758$533,916
15$39,216$21,184$494,701
16$40,856$19,543$453,845
17$42,565$17,834$411,280
18$44,345$16,054$366,934
19$46,200$14,199$320,734
20$48,133$12,266$272,601
21$50,146$10,253$222,455
22$52,244$8,156$170,212
23$54,429$5,970$115,783
24$56,706$3,694$59,077
25$59,077$1,322$0

At the end of your 5-year term

Total paid over the term
$301,996
Principal paid down
$120,117
Interest paid
$181,879
Balance remaining
$823,083

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$3,150/mo
$37,800Gross annual rent
2.3%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.

3.2%
Gross yield
− Property tax $4,923− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,319

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

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