89 Main Street, Markham, ON

Vinegar Hill, Markham · MLS® N13482664

$1,299,900
For Sale
Listed 24 days ago
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3Bedrooms
2Bathrooms
2Garage · 5 parking
2000-2500Sq Ft

About this home

Timeless Charm Meets Modern Comfort in This Classic 1863 Home. This is the one you've been waiting for. Set on a rare, private treed corner lot in the heart of town, just a short walk to historic Main Street. This Classic Revival residence offers authentic period details alongside thoughtful modern upgrades. Crafted with enduring quality, the home features triple-brick construction on the main floor, double-brick on the second keeping the home soundproof and peaceful. Soaring 9-foot ceilings in the dining room showcases the home's grand scale. Original millwork, 12-inch baseboards, and two fully operational fireplaces retain the home's historic character, while large windows invite natural light throughout. The layout includes 3 spacious bedrooms, 2 bathrooms, a main floor office, and generous principal rooms perfect for both everyday living and entertaining. Modern updates include: energy efficient boiler (2019), Three-pack air conditioning units (2022), 200-amp electrical service (2011), 40-year fiberglass roof shingles (2017), upgraded insulation (2011). Outside, enjoy more than a third of an acre of fully private, manicured grounds surrounded by mature trees, an in-ground sprinkler system, and a detached 2-car garage with 5 total parking spaces. A rare opportunity to own a meticulously cared-for piece of local history, with quick access to nature trails, Hwy 407, Hwy 7, and GO Transit. Ideal for those who value architectural integrity, craftsmanship, and timeless charm. This is not a designated heritage home, but is in a heritage area district.

Key facts

Property type
Detached, 2-Storey
MLS®
N13482664
Bedrooms
3
Bathrooms
2 (1 half)
Size
2000-2500
Lot
146.41 × 94.91 ft
Cross streets
Markham Rd & Hwy 7
Parking
2 garage · 5 parking (detached)
Basement
Unfinished
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Stone
Roof
Fibreglass Shingle
Sewer
Sewer
Property tax
$6,097 / 2025
Days on market
24
Listing brokerage
ROYAL LEPAGE ESTATE REALTY

Rooms

Bedroom 2Second3.91 × 2.72 m

hardwood floor · window

Family RoomMain5.61 × 4.44 m

fireplace · large window · hardwood floor

KitchenMain4.78 × 2.64 m

marble counter · backsplash · tile floor

Primary BedroomSecond3.91 × 3.91 m

his and hers closets · hardwood floor · window

Bedroom 3Second3.25 × 2.72 m

hardwood floor · window

Living RoomMain6.53 × 4.85 m

b/i bookcase · fireplace · hardwood floor

Dining RoomMain4.57 × 4.55 m

separate room · large window · hardwood floor

OfficeMain2.84 × 2.54 m

window · b/i shelves · broadloom

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.62Mest. value

Listed at $1,299,900, this home is tracking about 20% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.13M, 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 $1.10M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.05M

That comparable adjusts to $1.05M; the $1.62M estimate above is the median of all 20 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 Franklin Street PS, 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. Main St Markham / Robinson St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.30MGreat deal$1.77MOverpriced

Total price vs nearby homes. Fair value about $1.62M, median of 20 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.53Mavg asking

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

3 Emmeloord Crescent$1.50M32 Reesorville Road$1.10M6 Linsmary Court$1.40M46 Eden Avenue$1.57M536 Village Parkway$2.09M

The 5 closest active listings nearby.

See all comparable homes
1.30MThis home1.50M1.10M1.40M1.57M2.09MThis home vs active comparables
Live market pulseActive comparables in Markham · median list $1.20M
$578this home / sqft
21active listings nearby
24days on market

This home lists 20% below the area average of $721/sqft.

20 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

Vinegar Hill, 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

72/ 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: Main St Markham / Robinson St, about 44 m away

20+ transit stops1 grocery20+ dining20+ parks7 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.

Markham Village
$1.16M
Raymerville
$1.37M
Greensborough
$1.44M
Cornell
$1.35M
Box Grove
$1.03M

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 Franklin Street PS
86%
Franklin Street PSPublic · Elementary · JK-8 · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$5,925/mo
$245KIncome needed
5.3×Price ÷ income
$1,367Weekly 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 $5,925Property tax $508Total carry $6,433

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,549per month

Mortgage amount $1,039,920 · 4.14% over 25 years

$259,980Down payment (20.0%)
$1,039,920Loan before insurance
$0CMHC premium
$6,057Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,549
Property tax
$508
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,057

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

One-time closing costs

Ontario land transfer tax
$22,473
Estimated closing costs
$22,473

Plus your down payment of $259,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,740/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

$624,900Total interest paid
$1,664,820Total of all payments
Principal $1,039,920 Interest $624,900
YearPrincipalInterestBalance
1$24,362$42,231$1,015,558
2$25,381$41,212$990,178
3$26,442$40,150$963,735
4$27,548$39,044$936,187
5$28,701$37,892$907,486
6$29,901$36,692$877,585
7$31,152$35,441$846,433
8$32,455$34,138$813,978
9$33,813$32,780$780,165
10$35,227$31,366$744,938
11$36,700$29,892$708,238
12$38,235$28,357$670,002
13$39,835$26,758$630,168
14$41,501$25,092$588,666
15$43,237$23,356$545,429
16$45,046$21,547$500,384
17$46,930$19,663$453,454
18$48,893$17,700$404,562
19$50,938$15,655$353,624
20$53,068$13,524$300,555
21$55,288$11,305$245,267
22$57,601$8,992$187,666
23$60,010$6,583$127,656
24$62,520$4,072$65,136
25$65,136$1,457$0

At the end of your 5-year term

Total paid over the term
$332,964
Principal paid down
$132,434
Interest paid
$200,530
Balance remaining
$907,486

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
2.9%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.

3.9%
Gross yield
− Property tax $6,097− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,359

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

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