4 McPhail Court, Markham, ON

Buttonville, Markham · MLS® N13247438

$1,780,000
For Sale
Listed 43 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Location, Location, Location! Nestled in a tranquil oasis neighborhood in the heart of Markham, this charming 4+1 bedroom detached home sits on a rare 54x120-foot lot backs onto a peaceful ravine. Surrounded by lush greenery, the home offers a serene, forested backdrop, creating a private retreat full of natural beauty. The main floor boasts a functional layout with a graceful circular staircase, complemented by park-like landscaped gardens with underground irrigation and an interlocking patio, seamlessly accessible from both the breakfast and family rooms. The extra-large living room features new LED lights and is bathed in natural light from a picture window overlooking the south facing front yard, seamlessly connecting to the formal dining room. The heart of the home is the family kitchen, which includes a spacious sun-filled breakfast area framed by large picturesque windows that showcase breathtaking ravine views. With easy access to the backyard, the family room also boasts a modernized fireplace and upgraded built-in cabinets, creating a warm, inviting space for gatherings. The second floor offers four generously sized bedrooms with ample built-in storage. The serene primary suite includes a 4-piece ensuite and a walk- in closet. The finished basement adds even more living space, featuring an open-concept recreation room, an extra bedroom, a four-piece bath, and an exercise area (which could be converted into another bedroom at the buyer's own cost). The professionally landscaped backyard, backing directly onto the ravine, is a true havena peaceful escape where the natural beauty of the forest blends with the warmth and comfort of this inviting home. Within walking distance to First Markham Place, shopping plazas, restaurants, and public transit, this home offers the perfect balance of serenity and convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
N13247438
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
54.72 × 119.75 ft
Cross streets
Woodbine Ave & Hwy 7
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$8,382 / 2025
Days on market
43
Listing brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY

Rooms

Dining RoomMain3.60 × 3.60 m

hardwood floor · formal rm · overlooks backyard

Bedroom 2Second3.70 × 3.30 m

hardwood floor · closet · overlooks backyard

Family RoomMain4.80 × 3.20 m

fireplace · b/i shelves · w/o to patio

RecreationBasement6.10 × 4.70 m

broadloom · open concept · pot lights

Bedroom 3Second3.40 × 3.30 m

hardwood floor · closet · overlooks backyard

Bedroom 4Second3.40 × 3.30 m

hardwood floor · closet · window

Exercise RoomBasement3.98 × 3.81 m

broadloom · window · 4 pc bath

BedroomBasement4.70 × 3.30 m

broadloom · pot lights · window

Living RoomMain5.50 × 3.60 m

hardwood floor · french doors · picture window

KitchenMain3.70 × 3.70 m

tile floor · granite counters · stainless steel sink

BreakfastMain3.70 × 2.30 m

tile floor · bay window · w/o to patio

Primary BedroomSecond6.40 × 3.80 m

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

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.35Mest. value

Listed at $1,780,000, this home is about 32% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($791/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Buttonville, so I widened the search to the surrounding area.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.63M, 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 $1.75M
  • Bedrooms +$30K
  • Adjusts to $1.78M

That comparable adjusts to $1.78M; the $1.35M estimate above is the median of all 7 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1.35MGreat deal$1.78MOverpriced

Total price vs nearby homes. Fair value about $1.35M, median of 7 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.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.72Mavg asking

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

45 Tower Bridge Crescent$1.69M58 Alexis Road$1.94M19 Barker Court$2.00M224 Hollingham Road$1.50M48 Elmrill Road$1.46M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.78MThis home1.69M1.94M2.00M1.50M1.46MThis home vs active comparables
Live market pulseActive comparables in Buttonville · median list $1.69M
$791this home / sqft
5active listings nearby
43days on market

39 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

Buttonville, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Unionville
$2.16M
Cachet
$1.75M
Thornlea
$1.94M
Victoria Manor-Jennings Gate
$2.17M
Milliken Mills East
$1.54M

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 Buttonville PS
86%
Buttonville PSPublic · Elementary · JK-8 · 1.2 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$8,113/mo
$334KIncome needed
5.3×Price ÷ income
$1,872Weekly 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 $8,113Property tax $699Total carry $8,811

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)
$7,599per month

Mortgage amount $1,424,000 · 4.14% over 25 years

$356,000Down payment (20.0%)
$1,424,000Loan before insurance
$0CMHC premium
$8,297Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,599
Property tax
$699
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,297

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

One-time closing costs

Ontario land transfer tax
$32,075
Estimated closing costs
$32,075

Plus your down payment of $356,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,230/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

$855,698Total interest paid
$2,279,698Total of all payments
Principal $1,424,000 Interest $855,698
YearPrincipalInterestBalance
1$33,359$57,829$1,390,641
2$34,755$56,433$1,355,886
3$36,209$54,979$1,319,677
4$37,723$53,465$1,281,954
5$39,301$51,887$1,242,653
6$40,945$50,243$1,201,708
7$42,658$48,530$1,159,051
8$44,442$46,746$1,114,609
9$46,301$44,887$1,068,308
10$48,237$42,950$1,020,071
11$50,255$40,933$969,816
12$52,357$38,831$917,458
13$54,547$36,641$862,911
14$56,829$34,359$806,082
15$59,206$31,982$746,876
16$61,682$29,505$685,194
17$64,263$26,925$620,931
18$66,951$24,237$553,981
19$69,751$21,437$484,230
20$72,669$18,519$411,561
21$75,708$15,480$335,853
22$78,875$12,313$256,978
23$82,174$9,014$174,804
24$85,611$5,577$89,192
25$89,192$1,996$0

At the end of your 5-year term

Total paid over the term
$455,940
Principal paid down
$181,347
Interest paid
$274,593
Balance remaining
$1,242,653

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
2.0%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.

2.8%
Gross yield
− Property tax $8,382− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,074

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON LUCKY PENNY HOMES REALTY. MLS®/PropTx.

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