22 Horstman Street, Markham, ON

Rouge River Estates, Markham · MLS® N13416510

$1,080,000
For Sale
Listed 39 days ago
4Bedrooms
4Bathrooms
1Garage · 5 parking
1500-2000Sq Ft

About this home

Welcome to this beautifully upgraded all-brick Remington-built link detached home, offering stylish finishes, income potential, and an exceptional location in one of Markham's most sought-after family communities. Freshly painted and move-in ready, this bright and spacious home features upgraded bathrooms in the second floor, smooth ceilings on the main floor, pot lights throughout, and a functional family-friendly layout. The upgraded kitchen showcases custom cabinetry, quartz countertops, tiled backsplash, and a walkout to the fully fenced backyard, creating the perfect space for everyday living and entertaining. Upstairs, the spacious primary retreat offers two large walk-in closets and a private upgraded 3-piece ensuite, while the second-floor main bathroom features a 5-piece design with double sinks. The finished basement with a separate entrance, 1 bedroom, and a bright living area with pot lights provides excellent flexibility for extended family or potential rental income. Additional highlights include **no sidewalk** and parking for over 5 vehicles, a rare and valuable feature for growing families. Ideally located close to parks, schools, shopping, and everyday conveniences, including Costco, grocery stores, banks, and Walmart . Enjoy quick access to Highways 407, 401, and 404, as well as Markham GO Station for effortless commuting. Minutes from the scenic trails of Rouge National Urban Park, nearby sports facilities including the Legacy Baseball Diamonds, and several renowned golf courses such as Markham Green Golf Club, Remington Parkview Golf and Country Club, and Cedar Brae Golf Club. Just a short walk away is the state-of-the-art **Aaniin Community Centre**, featuring over 122,000 sq. ft. of recreational facilities. With excellent schools, school bus routes, and Markham Stouffville Hospital nearby, this home offers the perfect combination of comfort, convenience, and lifestyle. Don't Miss Out!

Key facts

Property type
Detached, 2-Storey
MLS®
N13416510
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
8 × 30 ft
Cross streets
Markham/14th Ave
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,510 / 2025
Days on market
39
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Living RoomBasement4.60 × 3.35 m

tile floor · pot lights · window

Primary BedroomMain5.02 × 4.88 m

laminate · 3 pc ensuite · his and hers closets

KitchenBasement2.38 × 3.22 m

tile floor · combined w/dining · window

Bedroom 3Main3.04 × 3.05 m

laminate · closet · window

Bedroom 2Main4.51 × 3.17 m

laminate · closet · window

Dining RoomGround6.52 × 3.47 m

hardwood floor · combined w/living · pot lights

Living RoomGround6.52 × 3.47 m

hardwood floor · combined w/dining · pot lights

KitchenGround3.29 × 3.60 m

tile floor · ceramic backsplash · stainless steel appl

BreakfastGround3.56 × 2.86 m

tile floor · combined w/kitchen · w/o to deck

BedroomBasement3.03 × 2.49 m

broadloom · closet · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$964Kest. value

Listed at $1,080,000, this home is about 12% 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 ($617/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $864K, a bit lower.

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 $900K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $945K

That comparable adjusts to $945K; the $964K estimate above is the median of all 8 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.

Its public catchment (Markham District HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. 14th Av / Horstman St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$844KGreat deal$1.08MOverpriced

Total price vs nearby homes. Fair value about $964K, median of 8 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$975kavg asking

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

71 Bishop Crescent$1.10M37 Rachett Road$990k19 Backus Court$989k113 Stirling Crescent$900k45 Trafford Crescent$899k

The 5 closest of 6 active listings nearby.

See all comparable homes
1.08MThis home1.10M990k989k900k899kThis home vs active comparables
Live market pulseActive comparables in Markham · median list $1.49M
$617this home / sqft
61active listings nearby
39days on market

This home lists 2% below the area average of $632/sqft.

35 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

Rouge River Estates, 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

70/ 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: 14th Av / Horstman St, about 99 m away

20+ transit stops1 grocery20+ dining14 parks7 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.

Middlefield
$1.06M
Box Grove
$1.03M
Markham Village
$1.16M
Raymerville
$1.37M
Milliken Mills East
$1.42M

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 Boxwood PS
73%
Boxwood PSPublic · Elementary · JK-8 · 0.7 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$4,922/mo
$202KIncome needed
5.3×Price ÷ income
$1,136Weekly 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.

93%mortgage
Mortgage $4,922Property tax $376Total carry $5,298

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%
$
%
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)
$4,611per month

Mortgage amount $864,000 · 4.14% over 25 years

$216,000Down payment (20.0%)
$864,000Loan before insurance
$0CMHC premium
$4,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,611
Property tax
$376
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,986

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

One-time closing costs

Ontario land transfer tax
$18,075
Estimated closing costs
$18,075

Plus your down payment of $216,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,600/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

$519,187Total interest paid
$1,383,187Total of all payments
Principal $864,000 Interest $519,187
YearPrincipalInterestBalance
1$20,241$35,087$843,759
2$21,087$34,240$822,672
3$21,969$33,358$800,703
4$22,888$32,439$777,815
5$23,846$31,482$753,969
6$24,843$30,485$729,126
7$25,882$29,445$703,244
8$26,965$28,363$676,280
9$28,093$27,235$648,187
10$29,268$26,060$618,919
11$30,492$24,836$588,427
12$31,767$23,560$556,660
13$33,096$22,231$523,564
14$34,480$20,847$489,084
15$35,923$19,405$453,161
16$37,425$17,902$415,736
17$38,991$16,337$376,745
18$40,622$14,706$336,123
19$42,321$13,007$293,802
20$44,091$11,236$249,711
21$45,935$9,392$203,776
22$47,857$7,471$155,919
23$49,858$5,469$106,061
24$51,944$3,384$54,117
25$54,117$1,211$0

At the end of your 5-year term

Total paid over the term
$276,637
Principal paid down
$110,031
Interest paid
$166,607
Balance remaining
$753,969

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$3,150/mo
$37,800Gross annual rent
2.6%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.

3.5%
Gross yield
− Property tax $4,510− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,732

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

CallRequest a showing