156 Landsdown Crescent, Markham, ON

Wismer, Markham · MLS® N13236252

$1,599,800
For Sale
Listed 44 days ago
4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Original owners, Beautiful, very well maintained, double car garage detached home. Family friendly Wismer community, private and quiet street. Very bright with 9' ceilings on main floor. Features 4 bedrooms, 4 washrooms, tastefully decorated house. Custom built dry pond with fountain next to dining room. Open concept living and dining. Ample cabinetry and pantry in kitchen. Custom backsplash with spanish detailing and pot lights in kitchen. Walk-out to an amazing landscaped backyard with two patios for enjoyment. This lot is 124 feet deep. Main floor laundry with entrance to garage, 3 pce rough-in washroom in basement. Media/entertainment on second floor with skylight. This home redefines elegance, versatility, and comfort. Don't miss out! Close to schools, community centre, shops, mall, hospital. Walking to public transit, 10 minutes to highway 404, 5 minutes to highway 407 and much more.

Key facts

Property type
Detached, 2-Storey
MLS®
N13236252
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000
Lot
40.03 × 124.03 ft
Cross streets
MAJOR MACKENZIE & MCCOWAN
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,310 / 2025
Days on market
44
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Dining RoomGround7.01 × 3.81 m

combined w/living · open concept

Family RoomGround5.67 × 3.35 m

gas fireplace · combined w/kitchen

Primary BedroomSecond5.61 × 4.20 m

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

Bedroom 3Second3.99 × 3.35 m

semi ensuite · double closet · parquet

OfficeGround3.53 × 2.37 m

french doors · window · parquet

Bedroom 2Second3.66 × 3.35 m

semi ensuite · closet · parquet

Bedroom 4Second4.27 × 3.96 m

double closet · parquet

KitchenGround3.96 × 2.16 m

pot lights · custom backsplash · centre island

Media RoomSecond3.35 × 2.56 m

parquet · combined w/sitting

Living RoomGround7.01 × 3.81 m

combined w/dining · pot lights

BreakfastGround4.20 × 3.06 m

pantry · ceramic floor · w/o to yard

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.70Mest. value

Listed at $1,599,800, this home is about 6% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.78M, a close match.

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 $1.85M
  • Adjusts to $1.85M

That comparable adjusts to $1.85M; the $1.70M estimate above is the median of all 9 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 John McCrae 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. McCowan Rd at Percy Reesor St is about a 2-minute walk away.

List price
$1.60MGreat deal$1.83MOverpriced

Total price vs nearby homes. Fair value about $1.70M, median of 9 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.67Mavg asking

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

60 Cairns Drive$1.40M3 Lancashire Road$1.40M78 Beckenridge Drive$1.79M30 Percheron Court$2.17M46 Eden Avenue$1.57M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.60MThis home1.40M1.40M1.79M2.17M1.57MThis home vs active comparables
Live market pulseActive comparables in Wismer · median list $1.60M
$582this home / sqft
9active listings nearby
44days on market

This home lists 7% below the area average of $627/sqft.

40 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

Wismer, 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: McCowan Rd at Percy Reesor St, about 127 m away

20+ transit stops1 grocery12 dining20+ parks2 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.

Berczy
$1.35M
Raymerville
$1.37M
Greensborough
$1.44M
Devil's Elbow
$2.09M
Markham Village
$1.16M

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 John McCrae PS
90%
John McCrae PSPublic · Elementary · JK-8 · 0.3 km awayAmong the top in the GTA · 90% meet the provincial standard

Affordability & Mortgage

Affordability
$7,291/mo
$300KIncome needed
5.3×Price ÷ income
$1,683Weekly 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 $7,291Property tax $609Total carry $7,901

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)
$6,830per month

Mortgage amount $1,279,840 · 4.14% over 25 years

$319,960Down payment (20.0%)
$1,279,840Loan before insurance
$0CMHC premium
$7,439Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,830
Property tax
$609
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,439

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

One-time closing costs

Ontario land transfer tax
$28,471
Estimated closing costs
$28,471

Plus your down payment of $319,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,295/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

$769,070Total interest paid
$2,048,910Total of all payments
Principal $1,279,840 Interest $769,070
YearPrincipalInterestBalance
1$29,982$51,974$1,249,858
2$31,236$50,720$1,218,621
3$32,543$49,413$1,186,079
4$33,904$48,052$1,152,174
5$35,322$46,634$1,116,852
6$36,800$45,157$1,080,052
7$38,339$43,617$1,041,713
8$39,943$42,014$1,001,771
9$41,613$40,343$960,157
10$43,354$38,602$916,803
11$45,168$36,789$871,635
12$47,057$34,900$824,579
13$49,025$32,931$775,554
14$51,076$30,881$724,478
15$53,212$28,744$671,266
16$55,438$26,518$615,828
17$57,757$24,200$558,071
18$60,173$21,784$497,898
19$62,690$19,267$435,208
20$65,312$16,645$369,896
21$68,044$13,913$301,853
22$70,890$11,066$230,963
23$73,855$8,101$157,107
24$76,944$5,012$80,163
25$80,163$1,793$0

At the end of your 5-year term

Total paid over the term
$409,782
Principal paid down
$162,988
Interest paid
$246,794
Balance remaining
$1,116,852

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$5,250/mo
$63,000Gross annual rent
3.0%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.

3.9%
Gross yield
− Property tax $7,310− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,360

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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