212 risebrough Circuit, Markham, ON

Milliken Mills West, Markham · MLS® N13452360

$1,550,000
For Sale
Listed 125 days agoNo offer date statedSitting longer than typical
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4+3Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • New Renovated 4-bedroom, 4-bathroom detached home 2024 New Roof, 2018 HRV and 2025 New Furnace in Milliken West , Skylight.
  • Finished basement with Separate Entry 3 bedrooms and Washroom and kitchen.

New Renovated 4-bedroom, 4-bathroom detached home 2024 New Roof, 2018 HRV and 2025 New Furnace in Milliken West , Skylight. The kitchen with s/s Dishwasher and portlight and s/s appliances. Finished basement with Separate Entry 3 bedrooms and Washroom and kitchen.

Key facts

Property type
Detached, 2-Storey
MLS®
N13452360
Bedrooms
4+3 (7 total)
Bathrooms
4
Size
2000-2500 sq ft
Lot
45 × 171 ft
Cross streets
Denision/Warden
Parking
2 garage · 6 parking (attached)
Basement
Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,230 / 2025
Days on market
125
Listing brokerage
BAY STREET GROUP INC.

Rooms

Living RoomGround5.93 × 3.30 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.52Mlikely sale price

Listed at $1,550,000. Going by how homes in Milliken Mills West and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $1.52M, if it sells. A realistic range is $1.43M to $1.72M.

Independent value check: $1.30M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.22M and $1.36M).

Why $1.30M. The typical detached home sold in Milliken Mills West over the past year went for about $1.10M (53 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,230 a year; the typical home sold here pays about $5,200.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightlyIts lot is 45 by 171 ft; the typical lot sold here is 30 by 115.

Longer on the market than typical. 125 days on the market against about 36 for homes like it here, and asking 20% above where comparable closings put it.

List price
$1.43MBelow recent closings$1.72MAbove recent closings

Total price vs nearby homes. Likely closing about $1.52M, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$1.22Mmedian sold price
100%of asking, on average
−3%prices vs a year ago
~19 dayshomes like this take to sell
125days on market so far
$3,893/moest. rent · 17 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 5 detached homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $689/sqft against an area asking average of $683/sqft.

  • Separate-entrance basement apartment features. A finished 3 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Milliken Mills West: 8 of the 45 detached leases here lately were basement units, around $1,775 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.18M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($689/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 Milliken Mills West, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in Milliken Mills West over the past two years, from 60 closings there.

What sellers nearby are askingCurrently listed nearby in Milliken Mills West · asking prices
$1.45Mavg asking

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

Per square foot, these ask about $644/sqft; this home lists at $689/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.55MThis home1.55M1.40M1.40MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Milliken Mills West, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Milliken Mills East
$1.49M
Unionville
$2.16M
Aileen-Willowbrook
$1.47M
Cachet
$2.30M
Bullock
$1.10M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,064/mo
$288KIncome needed
5.4×Price ÷ income
$1,630Weekly cost
$27,475Land transfer tax, one-time (Ontario)
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 $7,064Property tax $519Total carry $7,584

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,856per month

Mortgage amount $1,240,000 · 4.49% over 25 years

$310,000Down payment (20.0%)
$1,240,000Loan before insurance
$0CMHC premium
$7,375Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,856
Property tax
$519
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,375

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

One-time closing costs

Ontario land transfer tax
$27,475
Estimated closing costs
$27,475

Plus your down payment of $310,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,298/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

$816,852Total interest paid
$2,056,852Total of all payments
Principal $1,240,000 Interest $816,852
YearPrincipalInterestBalance
1$27,672$54,603$1,212,328
2$28,928$53,346$1,183,401
3$30,241$52,033$1,153,159
4$31,614$50,660$1,121,545
5$33,050$49,224$1,088,495
6$34,550$47,724$1,053,944
7$36,119$46,155$1,017,825
8$37,759$44,515$980,066
9$39,474$42,801$940,593
10$41,266$41,008$899,327
11$43,139$39,135$856,187
12$45,098$37,176$811,089
13$47,146$35,128$763,943
14$49,286$32,988$714,657
15$51,524$30,750$663,133
16$53,864$28,410$609,269
17$56,309$25,965$552,960
18$58,866$23,408$494,094
19$61,539$20,735$432,555
20$64,333$17,941$368,223
21$67,254$15,020$300,969
22$70,307$11,967$230,662
23$73,500$8,775$157,162
24$76,837$5,437$80,325
25$80,325$1,949$0

At the end of your 5-year term

Total paid over the term
$411,370
Principal paid down
$151,505
Interest paid
$259,865
Balance remaining
$1,088,495

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
From 17 whole-home leases in Milliken Mills West$3,893/mo
$46,716Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,486 to $4,088Typical rent range
~51 daysTo find a tenant, on average

The suite is real income here: basements rent in Milliken Mills West (8 of 45 recent detached leases were basement units, around $1,775 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,775 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 17 whole-home leases in Milliken Mills West signed at a median of $3,158 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,893. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.0%
Gross yield
− Property tax $6,230− Insurance $1,400− Vacancy & upkeep $5,139Net operating income $33,947

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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