41 Guinevere Road, Markham, ON
Cedarwood, Markham · MLS® N13476156
About this home
Welcome to 41 Guinevere Rd, a rare opportunity in the highly sought after Cedarwood community at Markham and Steeles. For the very first time since it was built, this beautifully maintained detached home is coming to market. One owner, one family, decades of pride of ownership, and it shows the moment you walk through the door. Offering over 2,000 sq ft of above grade living space, the home has been freshly painted and features hardwood flooring throughout the main and upper levels. The large wrap around kitchen is the true heart of the home, with a sunny window over the sink, generous counter and cabinet space, and a breakfast bar perfect for morning coffee or homework hour. Upstairs offers 4 generous bedrooms, including a primary retreat with a double door walk in closet and a 5 piece ensuite featuring a double sink vanity. The second upper bathroom also offers a 4 piece layout with double sinks, so busy mornings flow without the usual traffic jam.The fully finished basement adds incredible flexibility with its own kitchen, bedroom, and full bathroom with shower. Ideal for extended family, or an in-law suite. Step outside to a backyard that feels like a private orchard, with mature apple and pear trees the original owners planted and nurtured over the years, plus a storage shed. The interlocked driveway fits 3 cars and combined with the garage offers 4 total parking spaces. The tankless water heater is owned, so no monthly rental fees. Location is everything here. Less than a 10 minute walk to TTC, No Frills, Costco, Walmart, major banks, Asian supermarkets, restaurants, medical offices, and the highly rated Cedarwood Public School. A quick 5 to 8 minute drive to Hwy 7 and the 407, libraries, recreation centre, and hospital. Minutes from Rouge National Urban Park and its trail system.Lovingly cared for by its original owners and finished top to bottom. Homes like this rarely come available in Cedarwood. Book your private showing today.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13476156
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 23 × 114.3 ft
- Cross streets
- Markham/Steeles
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Available
- Basement
- Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,021 / 2025
- Days on market
- 25
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
hardwood floor · window · combined w/dining
ceramic floor · family size kitchen · combined w/family
hardwood floor · walk-in closet(s) · 5 pc ensuite
laminate · window · closet
ceramic floor · w/o to garden · combined w/kitchen
tile floor · backsplash · combined w/living
hardwood floor · closet · window
ceramic floor · combined w/kitchen · window
hardwood floor · window · combined w/dining
hardwood floor · closet · window
laminate · combined w/kitchen
hardwood floor · double closet · window
Listed at $1,099,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($488/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
There were not many closely comparable homes right in Cedarwood, so I widened the search to the surrounding area.
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 $1.14M, lower than the comparables and worth a second look.
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 $2.00M
- Adjusts to $2.00M
That comparable adjusts to $2.00M; the $1.50M 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.
Its public catchment (Cedarwood PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Elson St / Tawney Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.50M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- 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 7 active listings nearby.
See all comparable homesThis home lists 2% below the area average of $500/sqft.
21 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cedarwood, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Elson St / Tawney Rd, about 110 m away
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 17, 2026); conventional rates run a little higher.
Mortgage amount $879,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,692
- Property tax
- $418
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,110
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,455
- Estimated closing costs
- $18,455
Plus your down payment of $219,800. 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
- $281,504
- Principal paid down
- $111,966
- Interest paid
- $169,538
- Balance remaining
- $767,234
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
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 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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.