2 James Parrott Avenue, Markham, ON

Wismer, Markham · MLS® N13471738

$1,292,000
For Sale
Listed 117 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Brand New Waterproof Flooring Throughout the Second Floor.
  • The second floor offers 4 generously sized bedrooms and 3bathrooms, including an oversized primary bedroom with a walk-in closet.
  • 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...

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 sq ft
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
117
Listing brokerage
FIRST CLASS REALTY INC.
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.29Mlikely sale price

Listed at $1,292,000. Going by how homes in Wismer and the wider GTA have actually closed against their asking prices (about 100%, 18 local closings in 90 days), the likely sale price is near $1.29M, if it sells. A realistic range is $1.21M to $1.46M.

Independent value check: $1.37M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $1.28M and $1.44M).

Why $1.37M. The typical detached home sold in Wismer over the past year went for about $1.56M (75 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▼ Lowers it slightly1 garage and 3 total parking spaces, against 2 and 4 typically.
List price
$1.21MBelow recent closings$1.46MAbove recent closings

Total price vs nearby homes. Likely closing about $1.29M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.34Mmedian sold price
104%of asking, on average
−17%prices vs a year ago
~17 dayshomes like this take to sell
117days on market so far
$3,600/moest. rent · 72 leases
3.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 14 detached homes for sale in the area against 18 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 $574/sqft against an area asking average of $603/sqft.

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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.62M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 18 comparable homes that sold in Wismer over the past two years, from 149 closings there.

What sellers nearby are askingCurrently listed nearby in Wismer · asking prices
$1.41Mavg 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 $628/sqft; this home lists at $574/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.29MThis home1.39M1.50M1.30M1.47MThis 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

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.

Nearby neighbourhoods

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

Berczy
$1.70M
Markville
$1.00M
Angus Glen
$1.66M
Unionville
$2.06M
Greensborough
$1.20M

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
$5,889/mo
$245KIncome needed
5.3×Price ÷ income
$1,359Weekly cost
$22,315Land 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.

91%mortgage
Mortgage $5,889Property tax $553Total carry $6,441

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,715per month

Mortgage amount $1,033,600 · 4.49% over 25 years

$258,400Down payment (20.0%)
$1,033,600Loan before insurance
$0CMHC premium
$6,268Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,715
Property tax
$553
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,268

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

One-time closing costs

Ontario land transfer tax
$22,315
Estimated closing costs
$22,315

Plus your down payment of $258,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,917/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

$680,886Total interest paid
$1,714,486Total of all payments
Principal $1,033,600 Interest $680,886
YearPrincipalInterestBalance
1$23,066$45,514$1,010,534
2$24,113$44,467$986,422
3$25,208$43,372$961,214
4$26,352$42,227$934,862
5$27,549$41,031$907,313
6$28,799$39,780$878,514
7$30,107$38,472$848,407
8$31,474$37,105$816,933
9$32,903$35,676$784,029
10$34,397$34,182$749,632
11$35,959$32,621$713,674
12$37,591$30,988$676,082
13$39,298$29,281$636,784
14$41,083$27,497$595,701
15$42,948$25,632$552,753
16$44,898$23,682$507,855
17$46,936$21,643$460,919
18$49,068$19,512$411,851
19$51,295$17,284$360,556
20$53,624$14,955$306,931
21$56,059$12,520$250,872
22$58,605$9,975$192,268
23$61,265$7,314$131,002
24$64,047$4,532$66,955
25$66,955$1,624$0

At the end of your 5-year term

Total paid over the term
$342,897
Principal paid down
$126,287
Interest paid
$216,610
Balance remaining
$907,313

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 72 whole-home leases in Wismer$3,600/mo
$43,200Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,420 to $3,814Typical rent range
~15 daysTo find a tenant, on average

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 72 whole-home leases in Wismer signed at a median of $3,626 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,600. 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.

3.3%
Gross yield
− Property tax $6,631− Insurance $1,400− Vacancy & upkeep $4,752Net operating income $30,417

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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