65 Chatelaine Drive, Markham, ON

Rouge River Estates, Markham · MLS® N13458776

$3,899,999
For Sale
Listed 30 days ago
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9Bedrooms
10Bathrooms
3Garage · 10 parking
5,000Sq Ft

About this home

Welcome To One Of Markham's Most Prestigious Custom-Built Luxury Estates In The Highly Coveted Rouge River Estates. Situated On A Spectacular 1/3 Acre Premium Lot Backing Onto Beautiful Park Views, This Exceptional Residence Offers Over 8,400 Sq. Ft. Of Impeccably Finished Living Space Designed For Luxury Living At Its Finest. From The Grand Circular Driveway And Impressive Stone Exterior To The Triple-Car Garage, Every Detail Showcases Superior Craftsmanship And Timeless Elegance. The Main Level Features Soaring 10-Foot Ceilings, Expansive Sun-Filled Windows, Rich Designer Finishes, Formal Living And Dining Areas, A Stunning Family Room, And A Main Floor Bedroom With Ensuite, Perfect For Multi-Generational Living Or A Private Home Office. The Chef-Inspired Gourmet Kitchen Is Equipped With Premium Appliances, Custom Cabinetry, Oversized Centre Islands, And A Walk-In Pantry, Seamlessly Flowing Into The Home's Elegant Entertaining Spaces. Upstairs, Discover Six Spacious Bedrooms Including A Lavish Primary Retreat Featuring A Spa-Inspired 9-Piece Ensuite, Generous Walk-In Closet, And Tranquil Park Views. Two Separate Staircases Lead To A Walk-Up Basement Offering Endless Possibilities For An In-Law Suite, Recreation Area, Or Future Income Potential. Step Outside To Your Private Backyard Oasis Complete With A Large Covered Lanai Overlooking Professionally Manicured Grounds. Located Minutes From Highway 407, Top-Ranked Schools, Parks, Markham Stouffville Hospital, Rouge Valley, Golf Courses, And Major Amenities. A Rare Opportunity To Own One Of Markham's Finest Luxury Estates Where Prestige, Sophistication, And Unmatched Quality Come Together.

Key facts

Property type
Detached, 2-Storey
MLS®
N13458776
Bedrooms
9 (5 + 4)
Bathrooms
10 (1 half)
Size
5,000 sq ft
Lot
96 × 181 ft
Cross streets
Markham And 14th Ave
Parking
3 garage · 10 parking (detached)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$15,500 / 2025
Days on market
30
Listing brokerage
RE/MAX COMMUNITY REALTY INC.

Rooms

Bedroom 2Second5.66 × 4.42 m
Family RoomMain4.87 × 4.42 m
BedroomBasement3.81 × 4.42 m
KitchenBasement3.35 × 3.81 m
KitchenMain6.55 × 4.42 m
Dining RoomMain4.87 × 4.42 m
OfficeMain4.75 × 4.11 m
Bedroom 5Second5.03 × 3.81 m
Family RoomBasement5.03 × 6.86 m
Primary BedroomSecond7.25 × 5.36 m
Living RoomMain4.87 × 4.42 m
BreakfastMain6.55 × 4.26 m
Bedroom 3Second4.75 × 4.11 m
LaundrySecond0.00 × 0.00 m
Bedroom 2Basement3.50 × 4.10 m
Bedroom 4Second4.72 × 3.81 m
Living RoomBasement5.03 × 6.86 m
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$3.29Mest. value

Listed at $3,899,999, this home is tracking about 19% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 98 similar homes nearby, adjusted for size, beds, and baths.Median of 98 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.32M, 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 $2.45M
  • Size difference +$460K
  • Bedrooms +$120K
  • Bathrooms +$75K
  • Adjusts to $3.11M

That comparable adjusts to $3.11M; the $3.29M estimate above is the median of all 98 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Roxbury St / Chatelaine Dr is about a 4-minute walk away.

List price
$3.10MGreat deal$3.90MOverpriced

Total price vs nearby homes. Fair value about $3.29M, median of 98 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Worth verifying
  • Weigh carefully
Live market pulseActive comparables in Markham · median list $1.50M
$780this home / sqft
100active listings nearby
30days on market

This home lists 19% above the area average of $655/sqft.

26 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

55/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Roxbury St / Chatelaine Dr, about 357 m away

20+ transit stops1 grocery20+ dining20+ parks8 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
Markham Village
$1.16M
Box Grove
$1.03M
Raymerville
$1.37M
Cornell
$1.35M

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 · 0.9 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$17,775/mo
$719KIncome needed
5.4×Price ÷ income
$4,102Weekly 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 $17,775Property tax $1,292Total carry $19,067

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)
$16,649per month

Mortgage amount $3,119,999 · 4.14% over 25 years

$780,000Down payment (20.0%)
$3,119,999Loan before insurance
$0CMHC premium
$17,941Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,649
Property tax
$1,292
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,941

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

One-time closing costs

Ontario land transfer tax
$83,975
Estimated closing costs
$83,975

Plus your down payment of $780,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,222/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

$1,874,843Total interest paid
$4,994,842Total of all payments
Principal $3,119,999 Interest $1,874,843
YearPrincipalInterestBalance
1$73,091$126,703$3,046,908
2$76,148$123,646$2,970,760
3$79,333$120,460$2,891,427
4$82,652$117,142$2,808,775
5$86,109$113,685$2,722,667
6$89,711$110,083$2,632,956
7$93,463$106,331$2,539,493
8$97,373$102,421$2,442,120
9$101,445$98,348$2,340,675
10$105,689$94,105$2,234,986
11$110,110$89,684$2,124,876
12$114,715$85,078$2,010,161
13$119,514$80,280$1,890,648
14$124,513$75,281$1,766,135
15$129,721$70,073$1,636,414
16$135,147$64,647$1,501,267
17$140,800$58,994$1,360,467
18$146,689$53,104$1,213,778
19$152,825$46,969$1,060,952
20$159,218$40,576$901,735
21$165,877$33,916$735,857
22$172,816$26,978$563,041
23$180,044$19,749$382,997
24$187,575$12,218$195,421
25$195,421$4,372$0

At the end of your 5-year term

Total paid over the term
$998,968
Principal paid down
$397,333
Interest paid
$601,636
Balance remaining
$2,722,667

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$10,500/mo
$126,000Gross annual rent
2.4%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.

3.2%
Gross yield
− Property tax $15,500− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $95,240

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

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