202 Main Street, Markham, ON
Old Markham Village, Markham · MLS® N13176502
About this home
Markham Village heritage home Circa 1870 * Corner lot * Walk to GO Transit * Original character details * Flexible layout * 5-car parking* Set on a spacious corner lot in the heart of Old Markham Village, this charming circa 1870 Station Master's House blends preserved historic character with flexible modern-day living potential. Offering approximately 2,229 sq ft, 202 Main Street N features original wood floors and staircase, impressive 10'6" ceilings on the main level, oversized 15" baseboards, arch windows with wood shutters, and a second-floor cupola skylight that brings natural light into the upper level. The adaptable layout allows for a variety of uses including single-family living, multi-generational living, home office space, duplex potential, or live/work flexibility under R3 zoning. The home is currently configured with office space and residential areas, providing options for both homeowners and investors. Professional basement waterproofing and sealing were completed in 2021. Additional highlights include central air conditioning, forced air gas heating, a full basement, ramp access to the main floor, landscaped lawns, mature perennial gardens, and parking for up to five vehicles. Located within walking distance to GO Transit, Main Street restaurants, shops, and local services, this distinctive heritage property offers timeless character and flexible use opportunities in one of Markham's most established neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13176502
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 2000-2500
- Lot
- 95 × 123 ft
- Cross streets
- Main St.N /16th Avenue
- Parking
- 5 parking
- Driveway
- Private
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Cedar
- Sewer
- Sewer
- Property tax
- $6,509 / 2025
- Days on market
- 52
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
hardwood floor · pot lights · window
hardwood floor · pot lights · window
hardwood floor · gas fireplace · window
hardwood floor · pot lights · window
hardwood floor · pot lights · crown moulding
hardwood floor · his and hers closets · ceiling fan(s)
hardwood floor · b/i bookcase · window
hardwood floor · backsplash · window
hardwood floor · formal rm · window
Listing history
- May 26, 2026Listed$1,600,000
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $1,600,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
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 $2.08M, 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 $2.88M
- Size difference +$419K
- Bedrooms −$30K
- Bathrooms −$45K
- Adjusts to $3.22M
That comparable adjusts to $3.22M; the $1.88M 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.
On schools, this address is zoned for Franklin Street 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. Main St Markham North at Station St - Markham GO Station is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.88M, 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 27% below the area average of $975/sqft.
48 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Old Markham Village, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Main St Markham North at Station St - Markham GO Station, about 53 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,280,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,831
- Property tax
- $542
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,373
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,475
- Estimated closing costs
- $28,475
Plus your down payment of $320,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $409,833
- Principal paid down
- $163,008
- Interest paid
- $246,825
- Balance remaining
- $1,116,992
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.