236 Green Lane, Markham, ON

Thornlea, Markham · MLS® N13249062

$1,898,000
For Sale
Listed 42 days ago
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6Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome to this exceptional executive family home offering approximately 4,431 sq. ft. of beautifully designed living space (2,964 sq. ft. above grade + 1,467 sq. ft. basement. Thoughtfully designed for both comfortable family living and effortless entertaining, this spacious residence features generously sized principal rooms that provide outstanding functionality and flexibility for today's lifestyle. An attractive interlock driveway enhances the home's curb appeal, while the well-appointed interior offers ample space for everyday living and hosting family and friends. The large eat-in kitchen is both stylish and functional, featuring elegant marble countertops, under-cabinet lighting, a double wall oven, and abundant workspace for cooking and gathering. A dramatic Scarlett O'Hara staircase serves as a stunning focal point of the home, complemented by a grand chandelier that adds elegance and sophistication to the welcoming foyer. Step outside to the backyard featuring an impressive stone patio (approx 850 sq. ft.) -an ideal setting for outdoor dining, entertaining, and relaxing with family and friends. The expansive outdoor living space offers endless possibilities for gatherings and enjoyment throughout the seasons.The finished basement adds remarkable versatility with two additional bedrooms and a 4-piece bathroom-ideal for guests, extended family, a home office, or multi-generational living. Situated in a highly desirable neighbourhood, this home is conveniently located near top-ranked schools, parks, shopping, public transit, and a wide range of amenities. Major updates provide added value and peace of mind, including a durable metal roof (2022), furnace (2020), central air conditioning (2020), and an updated kitchen (2018). *Some photos are Virtually Staged*

Key facts

Property type
Detached, 2-Storey
MLS®
N13249062
Bedrooms
6 (4 + 2)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
49.87 × 121.49 ft
Cross streets
Bayview & John
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Property tax
$8,592 / 2025
Days on market
42
Listing brokerage
PAUL ZAMMIT REAL ESTATE LTD.

Rooms

BedroomBasement3.51 × 4.17 m

laminate · pot lights · 4 pc bath

Bedroom 3Second3.46 × 4.45 m

broadloom · double closet

Primary BedroomSecond6.68 × 3.47 m

6 pc ensuite · walk-in closet(s) · broadloom

Family RoomGround5.95 × 3.42 m

hardwood floor · floor/ceil fireplace

Dining RoomGround4.30 × 3.41 m

combined w/living · parquet

Living RoomGround5.52 × 3.47 m

combined w/dining · parquet

KitchenGround6.96 × 4.09 m

renovated · granite counters · w/o to yard

Bedroom 2Second3.39 × 3.08 m

broadloom · closet

RecreationBasement10.08 × 6.66 m

laminate · pot lights · l-shaped room

BedroomBasement3.89 × 3.28 m

laminate · closet

Bedroom 4Second3.45 × 4.08 m

broadloom · double closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.55Mest. value

Listed at $1,898,000, this home is about 22% 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 ($690/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 Thornlea, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.67M, 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 $1.69M
  • Adjusts to $1.69M

That comparable adjusts to $1.69M; the $1.55M estimate above is the median of all 6 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 Bayview Glen 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. Green Lane / Huntington Park Dr is about a 1-minute walk away.

List price
$1.38MGreat deal$1.90MOverpriced

Total price vs nearby homes. Fair value about $1.55M, median of 6 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.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.68Mavg asking

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

31 Cavalry Trail$1.69M31 Spanhouse Crescent$1.69M18 Oak Lea Circle$2.20M51 Albert Lewis Street$1.42M23 Appleview Road$1.40M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.90MThis home1.69M1.69M2.20M1.42M1.40MThis home vs active comparables
Live market pulseActive comparables in Thornlea · median list $1.94M
$690this home / sqft
6active listings nearby
42days on market

This home lists 9% below the area average of $759/sqft.

38 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

Thornlea, 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

48/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Green Lane / Huntington Park Dr, about 89 m away

20+ transit stops1 grocery7 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.

Royal Orchard
$1.45M
Buttonville
$1.69M
Unionville
$2.16M
Milliken Mills East
$1.42M
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 Bayview Glen PS
86%
Bayview Glen PSPublic · Elementary · JK-6 · 1.9 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$8,650/mo
$355KIncome needed
5.3×Price ÷ income
$1,996Weekly 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 $8,650Property tax $716Total carry $9,366

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)
$8,103per month

Mortgage amount $1,518,400 · 4.14% over 25 years

$379,600Down payment (20.0%)
$1,518,400Loan before insurance
$0CMHC premium
$8,819Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,103
Property tax
$716
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,819

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

One-time closing costs

Ontario land transfer tax
$34,435
Estimated closing costs
$34,435

Plus your down payment of $379,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,842/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

$912,424Total interest paid
$2,430,824Total of all payments
Principal $1,518,400 Interest $912,424
YearPrincipalInterestBalance
1$35,571$61,662$1,482,829
2$37,059$60,174$1,445,770
3$38,609$58,624$1,407,162
4$40,224$57,009$1,366,938
5$41,906$55,327$1,325,031
6$43,659$53,574$1,281,372
7$45,485$51,748$1,235,887
8$47,388$49,845$1,188,499
9$49,370$47,863$1,139,129
10$51,435$45,798$1,087,694
11$53,587$43,646$1,034,107
12$55,828$41,405$978,279
13$58,163$39,070$920,115
14$60,596$36,637$859,519
15$63,131$34,102$796,388
16$65,772$31,461$730,617
17$68,523$28,710$662,094
18$71,389$25,844$590,705
19$74,375$22,858$516,330
20$77,486$19,747$438,844
21$80,727$16,506$358,117
22$84,104$13,129$274,014
23$87,622$9,611$186,392
24$91,287$5,946$95,105
25$95,105$2,128$0

At the end of your 5-year term

Total paid over the term
$486,165
Principal paid down
$193,369
Interest paid
$292,796
Balance remaining
$1,325,031

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
2.4%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.

3.3%
Gross yield
− Property tax $8,592− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,078

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PAUL ZAMMIT REAL ESTATE LTD.. MLS®/PropTx.

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