57 Buchanan Drive, Markham, ON

Unionville, Markham · MLS® N13229438

$1,838,000
For Sale
Listed 45 days ago
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Fantastic family home in the heart of highly sought-after Unionville! This well-maintained residence offers a spacious 4-bedroom, 3.5-bath layout and has been extensively renovated from top to bottom with over $200K in upgrades. Highlights include a solid oak staircase with wrought iron pickets, hardwood flooring throughout, pot lights, a fireplace, a kitchen island with breakfast bar, upgraded countertops and appliances, brand new AC and professional interlocking.Featuring a modern, open-concept floor plan, the home is designed for both comfortable family living and entertaining. The dining room offers a walkout to the private backyard, where new interlocking creates an inviting outdoor space. The chef's kitchen includes a breakfast area overlooking the backyard, while the well-proportioned principal rooms and large windows fill the home with natural light.The lower level offers a generously sized recreation area, perfect for entertaining or relaxing. Enjoy the exceptional Unionville lifestyle with convenient access to Toogood Pond, Unionville Main Street, the Varley Art Gallery, Unionville Library, and top-ranked schools.

Key facts

Property type
Detached, 2-Storey
MLS®
N13229438
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500
Lot
46.05 × 108.42 ft
Cross streets
Warden / Hwy 7
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$8,356 / 2026
Days on market
45
Listing brokerage
T-ONE GROUP REALTY INC.,

Rooms

Primary BedroomSecond4.70 × 3.40 m

his and hers closets · hardwood floor · 4 pc ensuite

KitchenGround4.37 × 3.56 m

breakfast bar · backsplash · stainless steel appl

Exercise RoomBasement9.95 × 3.56 m

recessed lighting · window

Bedroom 3Second3.31 × 2.89 m

closet · hardwood floor · large window

Bedroom 2Second3.32 × 3.40 m

closet · hardwood floor · large window

RecreationBasement11.09 × 6.76 m

recessed lighting · window

Bedroom 4Second3.45 × 2.96 m

closet · hardwood floor · large window

Family RoomGround5.14 × 3.54 m

hardwood floor · fireplace · w/o to patio

Living RoomGround5.48 × 3.56 m

hardwood floor · large window · pot lights

Dining RoomGround6.46 × 3.45 m

hardwood floor · bay window · w/o to patio

Great RoomBasement4.94 × 3.36 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.52Mest. value

Listed at $1,838,000, this home is about 21% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.71M, 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 $1.50M
  • Bathrooms +$15K
  • Adjusts to $1.51M

That comparable adjusts to $1.51M; the $1.52M estimate above is the median of all 10 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 Unionville HS, 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, this is a very walkable address with everyday errands close by. Buchanan Dr / Spanhouse Cres is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.45MGreat deal$1.84MOverpriced

Total price vs nearby homes. Fair value about $1.52M, median of 10 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.

  • 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.44Mavg asking

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

69 Southbrook Crescent$1.75M9 Portia Street$1.36M66 Larkmead Crescent$1.30M75 Pringle Avenue$1.30M3 Emmeloord Crescent$1.50M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.84MThis home1.75M1.36M1.30M1.30M1.50MThis home vs active comparables
Live market pulseActive comparables in Unionville · median list $1.60M
$817this home / sqft
12active listings nearby
45days on market

This home lists 8% above the area average of $754/sqft.

41 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

Unionville, 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

73/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Buchanan Dr / Spanhouse Cres, about 132 m away

20+ transit stops2 grocery20+ dining20+ parks6 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.

Buttonville
$1.69M
Devil's Elbow
$2.09M
Cachet
$1.75M
Berczy
$1.43M
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 Parkview PS
84%
Parkview PSPublic · Elementary · JK-8 · 1.5 km awayHigher-rated than most nearby · 84% meet the provincial standard

Affordability & Mortgage

Affordability
$8,377/mo
$344KIncome needed
5.3×Price ÷ income
$1,933Weekly 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.

92%mortgage
Mortgage $8,377Property tax $696Total carry $9,073

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,847per month

Mortgage amount $1,470,400 · 4.14% over 25 years

$367,600Down payment (20.0%)
$1,470,400Loan before insurance
$0CMHC premium
$8,543Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,847
Property tax
$696
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,543

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

One-time closing costs

Ontario land transfer tax
$33,235
Estimated closing costs
$33,235

Plus your down payment of $367,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,530/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

$883,580Total interest paid
$2,353,980Total of all payments
Principal $1,470,400 Interest $883,580
YearPrincipalInterestBalance
1$34,446$59,713$1,435,954
2$35,887$58,272$1,400,066
3$37,388$56,771$1,362,678
4$38,952$55,207$1,323,726
5$40,582$53,578$1,283,144
6$42,279$51,880$1,240,865
7$44,047$50,112$1,196,818
8$45,890$48,269$1,150,928
9$47,809$46,350$1,103,118
10$49,809$44,350$1,053,309
11$51,893$42,267$1,001,416
12$54,063$40,096$947,353
13$56,325$37,835$891,028
14$58,681$35,479$832,348
15$61,135$33,024$771,213
16$63,692$30,467$707,520
17$66,357$27,803$641,164
18$69,132$25,027$572,032
19$72,024$22,135$500,008
20$75,036$19,123$424,972
21$78,175$15,984$346,796
22$81,445$12,714$265,351
23$84,852$9,307$180,500
24$88,401$5,758$92,099
25$92,099$2,061$0

At the end of your 5-year term

Total paid over the term
$470,796
Principal paid down
$187,256
Interest paid
$283,540
Balance remaining
$1,283,144

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$4,200/mo
$50,400Gross annual rent
1.9%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.

2.7%
Gross yield
− Property tax $8,356− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,100

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of T-ONE GROUP REALTY INC.,. MLS®/PropTx.

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