116 Longwater Chase, Markham, ON
Unionville, Markham · MLS® N13457834
About this home
This beautifully maintained detached family home is situated within the highly coveted Bridal Trail community of Unionville, an award-winning neighbourhood built by Monarch Homes, known for its attention to detail and architecturally refined designs. It offers approximately 2,427 sqft and is set amid mature trees, lush landscaping, and timeless curb appeal, including a covered front porch. Designed for growing families, the main level features elegant principal rooms including a sunken formal living room with crown moulding and large windows, a separate dining room with walk-out to the patio, a bright eat-in kitchen with quality finishes and ample cabinetry, and a spacious family room with gas fireplace and backyard access, creating the perfect setting for everyday living and entertaining. A convenient main floor laundry room with side yard walk-out provides direct access to the double car garage. Upstairs, the spacious primary bedroom offers a walk-in closet and spa-inspired 5-piece ensuite, complimented by two additional bedrooms with double closets and a 3-piece main bath. The fully finished lower level extends the living space with a recreation area, wet bar, and 2-piece bath ideal for family gatherings and hosting guests. The private backyard retreat features mature trees, two covered patios, and an interlock seating area for outdoor enjoyment. Ideally located close to Village Grocer, Monarch Park, Toogood Pond, Historic Unionville Main Street, and within close proximity to top-ranked Markville Secondary School and St. Augustine C.H.S, making this an exceptional opportunity for families seeking both lifestyle and long-term educational value, with convenient access to YRT and Highway 404 for seamless commuting throughout the GTA.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13457834
- Bedrooms
- 3
- Bathrooms
- 4 (2 half)
- Size
- 2000-2500
- Lot
- 51.23 × 125.84 ft
- Cross streets
- 16th Ave/Kennedy Rd
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,391 / 2026
- Days on market
- 30
- Listing brokerage
- RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM
Rooms
laminate · window
tile floor · backsplash · pantry
broadloom · walk-in closet(s) · 5 pc ensuite
tile floor · window
laminate · wet bar
broadloom · double closet · window
broadloom · w/o to patio · crown moulding
broadloom · sunken room · crown moulding
broadloom · double closet · window
tile floor · w/o to patio · gas fireplace
Listed at $1,498,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
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 $1.72M, 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 $1.50M
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $1.48M
That comparable adjusts to $1.48M; the $1.60M 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 Markville SS, 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.
Total price vs nearby homes. Fair value about $1.60M, 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.
- 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 16% below the area average of $797/sqft.
26 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Unionville, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $1,198,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,395
- Property tax
- $699
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,094
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,435
- Estimated closing costs
- $26,435
Plus your down payment of $299,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $383,706
- Principal paid down
- $152,617
- Interest paid
- $231,090
- Balance remaining
- $1,045,783
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM. MLS®/PropTx.