15 Upper Ridge Court, Markham, ON

Rouge Fairways, Markham · MLS® N13186670

$2,599,999
For Sale
Listed 51 days ago
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5Bedrooms
5Bathrooms
3Garage · 10 parking
3500-5000Sq Ft

About this home

Welcome to 15 Upper Ridge Court, where elegant executive living meets exceptional family comfort in the heart of Markham. Nestled on a premium pie-shaped lot on a quiet, family-friendly court, this impressive 4+1 bedroom detached residence offers the perfect blend of luxury, space, and timeless design. A grand cathedral-ceiling foyer creates a striking first impression, opening into expansive living and dining spaces designed for both sophisticated entertaining and everyday living. The beautifully appointed gourmet kitchen features granite countertops, a centre island and French doors that lead to a spacious deck overlooking the professionally landscaped backyard. The showstopping great room is highlighted by soaring cathedral ceilings and dramatic floor-to-ceiling windows that frame spectacular backyard views while filling the home with natural light. A private main-floor office with hardwood flooring and French doors offers the ideal work-from-home retreat. Upstairs, the luxurious primary suite provides a peaceful escape with a walk-in closet and a spa-inspired ensuite. Three additional generously sized bedrooms offer ample space for family and guests. The professionally finished walk-out basement extends the home's exceptional living space with a spacious recreation room, a fifth bedroom, and endless possibilities for multigenerational living, overnight guests, or entertaining. Step outside to your own private backyard oasis, where a sparkling inground pool and beautifully landscaped grounds create the ultimate setting for relaxing, entertaining, and enjoying resort-style living at home. Rarely does a home of this calibre become available. Combining an outstanding location, generous living spaces, and exceptional indoor-outdoor amenities, 15 Upper Ridge Court presents a remarkable opportunity to own a truly special home in one of Markham's most sought-after neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13186670
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
96.19 × 220.52 ft
Cross streets
Markham Rd/14th Ave
Parking
3 garage · 10 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Pool
Inground
Property tax
$14,566 / 2025
Days on market
51
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2.54Mest. value

Listed at $2,599,999, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Rouge Fairways, 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 $3.43M, higher than the comparables and worth a second look.

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
  • Adjusts to $2.45M

That comparable adjusts to $2.45M; the $2.54M 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 (Markham District HS) 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. Boxwood Cres / Sparta Crt is about a 2-minute walk away.

List price
$2.45MGreat deal$2.97MOverpriced

Total price vs nearby homes. Fair value about $2.54M, 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Income potential
  • Value driver
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$2.70Mavg asking

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

68 Aitken Circle$2.45M5 Mead Terrace$1.80M78 Fitzgerald Avenue$2.99M64 SUMMERFELDT Crescent$3.57M

The 4 closest active listings nearby.

See all comparable homes
2.60MThis home2.45M1.80M2.99M3.57MThis home vs active comparables
Live market pulseActive comparables in Markham · median list $1.65M
$612this home / sqft
57active listings nearby
51days on market

This home lists 3% below the area average of $630/sqft.

47 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

Rouge Fairways, 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: Boxwood Cres / Sparta Crt, about 157 m away

20+ transit stops1 grocery11 dining19 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.

Box Grove
$1.03M
Middlefield
$1.06M
Markham Village
$1.16M
Cornell
$1.35M
Raymerville
$1.37M

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 Boxwood PS
73%
Boxwood PSPublic · Elementary · JK-8 · 0.7 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$11,850/mo
$494KIncome needed
5.3×Price ÷ income
$2,735Weekly 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.

91%mortgage
Mortgage $11,850Property tax $1,214Total carry $13,064

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)
$11,100per month

Mortgage amount $2,079,999 · 4.14% over 25 years

$520,000Down payment (20.0%)
$2,079,999Loan before insurance
$0CMHC premium
$12,313Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,100
Property tax
$1,214
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,313

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

One-time closing costs

Ontario land transfer tax
$51,475
Estimated closing costs
$51,475

Plus your down payment of $520,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,482/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

$1,249,895Total interest paid
$3,329,894Total of all payments
Principal $2,079,999 Interest $1,249,895
YearPrincipalInterestBalance
1$48,727$84,469$2,031,272
2$50,765$82,430$1,980,507
3$52,889$80,307$1,927,618
4$55,101$78,095$1,872,517
5$57,406$75,790$1,815,111
6$59,807$73,389$1,755,304
7$62,309$70,887$1,692,995
8$64,915$68,281$1,628,080
9$67,630$65,565$1,560,450
10$70,459$62,737$1,489,991
11$73,406$59,789$1,416,584
12$76,477$56,719$1,340,107
13$79,676$53,520$1,260,432
14$83,008$50,187$1,177,423
15$86,481$46,715$1,090,942
16$90,098$43,098$1,000,844
17$93,867$39,329$906,978
18$97,793$35,403$809,185
19$101,883$31,312$707,302
20$106,145$27,051$601,156
21$110,585$22,611$490,571
22$115,211$17,985$375,361
23$120,030$13,166$255,331
24$125,050$8,145$130,281
25$130,281$2,915$0

At the end of your 5-year term

Total paid over the term
$665,979
Principal paid down
$264,888
Interest paid
$401,090
Balance remaining
$1,815,111

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
2.4%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.

3.4%
Gross yield
− Property tax $14,566− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $62,532

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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