7602 Reesor Road, Markham, ON

Cedar Grove, Markham · MLS® N13256028

$1,968,000
For Sale
Listed 42 days ago
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4Bedrooms
5Bathrooms
8Parking
2000-2500Sq Ft

About this home

Stunning newly renovated &expanded custom built luxury detached house on 1.1 acre lot with a separate-access rear coach house. Nearly 6000 SQFT usable space! Extensive high-end upgrades throughout the entire house. Abundant skylights flood the house with exceptional natural brightness. Features a sprawling approximately 1000 sq ft finished recreation space with skylights, custom stonework, full bath & premium finishes. Upscale main floor includes high-gloss marble chef's kitchen and open concept living area with extra large windows. Primary bedroom features a full 4pc en-suite washroom with custom-tailored shower and a walk-in closet. Corner office with oversized dual-side floor-to-ceiling windows and skylights. 2 furnace and 2 sum pump. Minutes to Rouge National Urban Park, Hwy 407, Markham Stouffville Hospital, Costco, golf, restaurants, etc.

Key facts

Property type
Detached, Bungalow
MLS®
N13256028
Bedrooms
4 (1 + 3)
Bathrooms
5 (2 half)
Size
2000-2500
Lot
180 × 273 ft
Cross streets
Steeles/Reesor
Parking
8 parking
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$4,545 / 2025
Days on market
42
Listing brokerage
SMART SOLD REALTY

Rooms

KitchenBasement3.63 × 12.23 m
BedroomBasement3.30 × 3.74 m

Pot Lights

BedroomMain6.25 × 4.33 m

4 pc bath · walk-in closet(s) · pot lights

OfficeMain3.69 × 3.85 m

window floor to ceiling · skylight

KitchenMain9.17 × 6.49 m

2 pc bath · skylight · pot lights

Living RoomMain5.43 × 3.51 m

skylight · pot lights

Dining RoomMain3.60 × 4.14 m

skylight · pot lights

OfficeBasement3.78 × 2.34 m
RecreationBasement7.78 × 12.23 m

pot lights · skylight

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On schools, this address is zoned for Markham District 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Box Grove Collector / 14th Av is about a 10-minute walk away.

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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.69Mavg asking

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

23 Montgomery Court$1.69M22 Bartlett Road$1.49M69 Southbrook Crescent$1.75M30 Percheron Court$2.17M9 Portia Street$1.36M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.97MThis home1.69M1.49M1.75M2.17M1.36MThis home vs active comparables
Live market pulseActive comparables in Markham · median list $1.65M
$875this home / sqft
49active listings nearby
42days on market

This home lists 38% above the area average of $634/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

Cedar Grove, 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

27/ 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: Box Grove Collector / 14th Av, about 838 m away

15 transit stops1 grocery1 dining11 parks1 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.

Box Grove
$1.03M
Cornell
$1.35M
Markham Village
$1.16M
Middlefield
$1.06M
Raymerville
$1.37M

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 William Armstrong PS
80%
William Armstrong PSPublic · Elementary · JK-8 · 3.3 km awayAbove the GTA average · 80% meet the provincial standard

Affordability & Mortgage

Affordability
$8,969/mo
$354KIncome needed
5.6×Price ÷ income
$2,070Weekly 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.

96%mortgage
Mortgage $8,969Property tax $379Total carry $9,348

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)
$8,402per month

Mortgage amount $1,574,400 · 4.14% over 25 years

$393,600Down payment (20.0%)
$1,574,400Loan before insurance
$0CMHC premium
$8,780Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,402
Property tax
$379
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,780

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

One-time closing costs

Ontario land transfer tax
$35,835
Estimated closing costs
$35,835

Plus your down payment of $393,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,205/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

$946,075Total interest paid
$2,520,475Total of all payments
Principal $1,574,400 Interest $946,075
YearPrincipalInterestBalance
1$36,883$63,936$1,537,517
2$38,426$62,393$1,499,092
3$40,033$60,786$1,459,059
4$41,707$59,112$1,417,352
5$43,452$57,367$1,373,900
6$45,269$55,550$1,328,630
7$47,163$53,656$1,281,467
8$49,136$51,683$1,232,332
9$51,191$49,628$1,181,141
10$53,332$47,487$1,127,809
11$55,563$45,256$1,072,246
12$57,887$42,932$1,014,359
13$60,308$40,511$954,050
14$62,831$37,988$891,219
15$65,459$35,360$825,760
16$68,197$32,622$757,563
17$71,050$29,769$686,513
18$74,022$26,797$612,491
19$77,118$23,701$535,373
20$80,344$20,475$455,029
21$83,704$17,115$371,325
22$87,206$13,613$284,119
23$90,853$9,966$193,266
24$94,653$6,165$98,613
25$98,613$2,206$0

At the end of your 5-year term

Total paid over the term
$504,095
Principal paid down
$200,500
Interest paid
$303,595
Balance remaining
$1,373,900

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

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.6%
Gross yield
− Property tax $4,545− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,911

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

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