125 Longwater Chase, Markham, ON
Unionville, Markham · MLS® N13225998
About this home
Grand 3-storey detached home in Unionville's Wrenwood Estates. Located on a large 10,018 sq. ft. corner lot with over 5,000 sq. ft. of finished living space. This home has been extensively upgraded and is move-in ready. Main floor features hardwood floors, flat ceilings, wainscoting and crown molding. Open-concept kitchen with maple cabinetry, granite countertops, wine rack. Double-sided gas fireplace in family room .Third floor offers a private suite with a bedroom, living area, skylights, and a wet bar. Fully finished basement includes a recreation room, an additional bedroom, a 4-piece bathroom, and a wet bar. Above the 3-car garage is an insulated, private loft space suitable for a home office or studio. Backyard is professionally landscaped with a large deck and mature fruit trees. Prime Unionville location. Walking distance to historic Main Street. Close to the Markham YMCA and the new York University Markham Campus. Located within the school zones for Unionville Public School and Markville Secondary School.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- N13225998
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- < .50 ac
- Cross streets
- 16th Ave / Longwater Chase
- Parking
- 3 garage · 9 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,120 / 2025
- Days on market
- 46
- Listing brokerage
- FIRST CLASS REALTY INC.
Rooms
hardwood floor · gas fireplace · bay window
granite counters · centre island · pot lights
hardwood floor · double closet · large window
hardwood floor · 2 way fireplace · open concept
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · his and hers closets · 4 pc ensuite
skylight · double doors · cathedral ceiling(s)
hardwood floor · wainscoting · bay window
hardwood floor · double closet · window
granite counters · centre island · hardwood floor
Listed at $2,630,000, this home is tracking about 17% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 38 similar homes nearby, adjusted for size, beds, and baths.Median of 38 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.52M, a bit lower.
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
- Bedrooms +$30K
- Adjusts to $2.48M
That comparable adjusts to $2.48M; the $3.19M estimate above is the median of all 38 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 Markville 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. 16th Av / Longwater Chase is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $3.19M, median of 38 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 22% below the area average of $790/sqft.
42 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Unionville, 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: 16th Av / Longwater Chase, about 163 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 18, 2026); conventional rates run a little higher.
Mortgage amount $2,104,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,228
- Property tax
- $927
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,154
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $52,225
- Estimated closing costs
- $52,225
Plus your down payment of $526,000. 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
- $673,663
- Principal paid down
- $267,945
- Interest paid
- $405,719
- Balance remaining
- $1,836,055
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 FIRST CLASS REALTY INC.. MLS®/PropTx.