51 Gillings Street, Markham, ON

Victoria Square, Markham · MLS® N13468760

$2,098,000
For Sale
Listed 28 days ago
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4Bedrooms
4Bathrooms
2Garage · 5 parking
2500-3000Sq Ft

About this home

Monarch-Built 4-Bedroom Detached Home On A Premium 45.97' x 117' Lot In Markham's Victoria Square Community. Functional Layout With 9-Ft Ceilings On The Main Floor. Separate Living And Dining Rooms, Spacious Family Room And Eat-In Kitchen With Breakfast Area Overlooking The Backyard. Skylight Above The Staircase Brings Natural Light To The Second Floor. Primary Bedroom Features A Walk-In Closet And Ensuite Bath. Three Additional Bedrooms Plus A Tech Area Suitable For Study, Work-From-Home Or Family Use. Deep Backyard With Mature Landscaping, Flower Gardens And Plenty Of Outdoor Space To Enjoy. Professionally Finished Interlocking Driveway And Double Car Garage. Conveniently Located Close To Parks, Schools, Angus Glen Community Centre, Costco, Hwy 404, Public Transit And Other Everyday Amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13468760
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000
Lot
45.97 × 117.74 ft
Cross streets
Elgin Mills & Woodbine
Parking
2 garage · 5 parking (built-in)
Driveway
Private Double
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,391 / 2026
Days on market
28
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Family RoomGround5.48 × 3.65 m

hardwood floor · gas fireplace · window

BreakfastGround3.35 × 3.65 m

ceramic floor · sliding doors · w/o to yard

StudySecond2.94 × 2.64 m

Window

Primary BedroomSecond5.48 × 5.18 m

5 pc ensuite · double closet · walk-in closet(s)

Bedroom 2Second3.65 × 3.50 m

double closet · large window

Dining RoomGround3.40 × 6.04 m

combined w/living · hardwood floor · window

Bedroom 4Second3.35 × 3.65 m

semi ensuite · closet · window

Bedroom 3Second3.40 × 4.47 m

semi ensuite · walk-in closet(s) · window

Living RoomGround3.40 × 6.04 m

combined w/dining · bay window · window

KitchenGround2.74 × 3.65 m

ceramic floor · centre island · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

Its public catchment (Richmond Green SS) 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. Woodbine Av / Gillings St is about a 1-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.

  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Victoria Square · asking prices
$2.18Mavg asking

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

19 Bruce Thomson Drive$1.99M10961 Victoria Square Boulevard$1.85M16 Thomas Reid Road$2.69M

The 3 closest active listings nearby.

See all comparable homes
2.10MThis home1.99M1.85M2.69MThis home vs active comparables
Live market pulseActive comparables in Victoria Square · median list $1.85M
$763this home / sqft
5active listings nearby
28days on market

This home lists 9% above the area average of $697/sqft.

24 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

Victoria Square, 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

50/ 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: Woodbine Av / Gillings St, about 110 m away

20+ transit stops1 grocery7 dining14 parks3 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.

Victoria Manor-Jennings Gate
$2.17M
Devil's Elbow
$2.09M
Buttonville
$1.69M
Berczy
$1.43M
Unionville
$2.16M

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 Victoria Square PS
76%
Victoria Square PSPublic · Elementary · JK-8 · 0.4 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$9,562/mo
$389KIncome needed
5.4×Price ÷ income
$2,207Weekly 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 $9,562Property tax $699Total carry $10,261

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)
$8,957per month

Mortgage amount $1,678,400 · 4.14% over 25 years

$419,600Down payment (20.0%)
$1,678,400Loan before insurance
$0CMHC premium
$9,656Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,957
Property tax
$699
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,656

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

One-time closing costs

Ontario land transfer tax
$38,925
Estimated closing costs
$38,925

Plus your down payment of $419,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,879/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

$1,008,570Total interest paid
$2,686,970Total of all payments
Principal $1,678,400 Interest $1,008,570
YearPrincipalInterestBalance
1$39,319$68,160$1,639,081
2$40,964$66,515$1,598,117
3$42,677$64,802$1,555,440
4$44,462$63,016$1,510,978
5$46,322$61,157$1,464,655
6$48,260$59,219$1,416,396
7$50,278$57,200$1,366,117
8$52,381$55,097$1,313,736
9$54,572$52,906$1,259,163
10$56,855$50,624$1,202,308
11$59,233$48,245$1,143,075
12$61,711$45,768$1,081,364
13$64,292$43,187$1,017,072
14$66,981$40,497$950,090
15$69,783$37,696$880,307
16$72,702$34,777$807,605
17$75,743$31,736$731,862
18$78,911$28,567$652,950
19$82,212$25,267$570,738
20$85,651$21,828$485,087
21$89,234$18,245$395,854
22$92,966$14,513$302,888
23$96,855$10,624$206,033
24$100,906$6,573$105,127
25$105,127$2,352$0

At the end of your 5-year term

Total paid over the term
$537,394
Principal paid down
$213,745
Interest paid
$323,649
Balance remaining
$1,464,655

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$5,250/mo
$63,000Gross annual rent
2.2%Est. cap rate

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.

3.0%
Gross yield
− Property tax $8,391− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,279

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

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