2 James Parrott Avenue, Markham, ON

Wismer, Markham · MLS® N13471738

$1,358,000
For Sale
Listed 27 days ago
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4Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq Ft

About this home

Prime Location! Brand New Waterproof Flooring Throughout the Second Floor. Situated in the highly sought-after Wismer Community, this detached home directly faces a park and tennis court with no obstructions, offering an open view and a serene living environment. Above ground 2293 sq ft. The home is bright, spacious, and well-laid out, featuring a functional floor plan. The second floor offers 4 generously sized bedrooms and 3bathrooms, including an oversized primary bedroom with a walk-in closet.Exterior highlights include a full brick exterior, widened driveway, and an exceptionally large backyard, perfect for children's play, outdoor activities, or gardening.Unbeatable Location!Steps to public transit and close to top-ranked schools, parks, trails, GO Station, Markville Mall, grocery stores, restaurants, and more-everything you need for a convenient and comfortable lifestyle.2025 School Zone:Bur Oak S.S., Milliken Mills H.S., Bill Hogarth S.S., and Unionville H.S. (Arts Program)

Key facts

Property type
Detached, 2-Storey
MLS®
N13471738
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500
Lot
38 × 88 ft
Cross streets
16th/McCowan
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Unknown
Sewer
Sewer
Property tax
$6,631 / 2026
Days on market
27
Listing brokerage
FIRST CLASS REALTY INC.

Listing history

  1. May 4, 2025Listedn/a

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.41Mest. value

Listed at $1,358,000, this home is about 3% below comparable homes, worth a close look. 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 $1.62M, a bit higher.

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 $1.39M
  • Adjusts to $1.39M

That comparable adjusts to $1.39M; the $1.41M 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 Bur Oak 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 very walkable address with everyday errands close by. McCowan Rd / Wilfred Murison Av is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.36MGreat deal$1.54MOverpriced

Total price vs nearby homes. Fair value about $1.41M, 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.

  • 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 Wismer · asking prices
$1.46Mavg asking

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

37 Greenspire Avenue$1.39M35 Mckennon Street$1.60M204 Everett Street$1.39M

The 3 closest active listings nearby.

See all comparable homes
1.36MThis home1.39M1.60M1.39MThis home vs active comparables
Live market pulseActive comparables in Wismer · median list $1.60M
$604this home / sqft
8active listings nearby
27days on market

This home lists 8% below the area average of $654/sqft.

23 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

Wismer, 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

74/ 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: McCowan Rd / Wilfred Murison Av, about 43 m away

20+ transit stops1 grocery17 dining20+ 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.

Berczy
$1.43M
Raymerville
$1.37M
Markham Village
$1.16M
Greensborough
$1.44M
Devil's Elbow
$2.09M

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 Fred Varley PS
76%
Fred Varley PSPublic · Elementary · JK-8 · 0.3 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$6,189/mo
$257KIncome needed
5.3×Price ÷ income
$1,428Weekly 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.

92%mortgage
Mortgage $6,189Property tax $553Total carry $6,742

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)
$5,797per month

Mortgage amount $1,086,400 · 4.14% over 25 years

$271,600Down payment (20.0%)
$1,086,400Loan before insurance
$0CMHC premium
$6,350Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,797
Property tax
$553
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,350

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

One-time closing costs

Ontario land transfer tax
$23,635
Estimated closing costs
$23,635

Plus your down payment of $271,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,042/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

$652,830Total interest paid
$1,739,230Total of all payments
Principal $1,086,400 Interest $652,830
YearPrincipalInterestBalance
1$25,451$44,119$1,060,949
2$26,515$43,054$1,034,434
3$27,624$41,945$1,006,810
4$28,780$40,789$978,030
5$29,984$39,586$948,047
6$31,238$38,331$916,809
7$32,544$37,025$884,265
8$33,906$35,664$850,359
9$35,324$34,245$815,035
10$36,801$32,768$778,234
11$38,341$31,228$739,893
12$39,944$29,625$699,949
13$41,615$27,954$658,333
14$43,356$26,213$614,977
15$45,170$24,400$569,808
16$47,059$22,510$522,749
17$49,027$20,542$473,722
18$51,078$18,491$422,644
19$53,215$16,355$369,429
20$55,440$14,129$313,989
21$57,759$11,810$256,229
22$60,175$9,394$196,054
23$62,692$6,877$133,362
24$65,315$4,254$68,047
25$68,047$1,522$0

At the end of your 5-year term

Total paid over the term
$347,846
Principal paid down
$138,353
Interest paid
$209,493
Balance remaining
$948,047

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$4,200/mo
$50,400Gross annual rent
2.7%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.

3.7%
Gross yield
− Property tax $6,631− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,825

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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