29 River Forest Street, Markham, ON
Rouge Fairways, Markham · MLS® N13483800
About this home
Welcome to this stunning 4-bedroom, 5-bathroom detached 2-storey home in the highly sought-after Rouge Fairways community. Freshly painted and tastefully renovated, this executive homeis truly move-in ready, featuring 9-ft ceilings and gleaming hardwood floors throughout themain level, plus brand new laminate flooring on the second floor.The bright, open concept main floor offers a large family room with a cozy gas fireplace, anda beautifully appointed kitchen with a pantry, brand new appliances, and a breakfast area thatwalks out to a huge backyard deck ideal for entertaining or relaxing outdoors.Upstairs, three of the four generous bedrooms feature their own private ensuites. The primarysuite is a true retreat, with a separate sitting area, his & hers walk-in closets, and a spalike 4-piece ensuite with a soaker tub.A separate side entrance leads to an open-concept basement, offering a blank canvas for thenew owner to design and finish to their own taste. This exceptional property delivers theperfect blend of space, style, and opportunity. A must-see in one of the area's most desirable neighbourhoods!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13483800
- Bedrooms
- 4
- Bathrooms
- 5 (2 half)
- Size
- 3000-3500
- Lot
- 55.94 × 82 ft
- Cross streets
- Markham Rd and 14th Aven
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,597 / 2025
- Days on market
- 23
- Listing brokerage
- RE/MAX COMMUNITY REALTY INC.
Rooms
laminate · closet · window
combined w/living · hardwood floor · window
Ceramic Floor
laminate · 3 pc ensuite · closet
laminate · 4 pc ensuite · walk-in closet(s)
Ceramic Floor
combined w/dining · hardwood floor · cathedral ceiling(s)
ceramic floor · access to garage
laminate · closet · window
ceramic floor · stainless steel appl · backsplash
Listing history
- Jul 16, 2026Listed$5,500
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $1,399,999, this home is about 26% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Rouge Fairways, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.37M, 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
- Size difference +$577K
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $2.56M
That comparable adjusts to $2.56M; the $1.89M estimate above is the median of all 5 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 (Markham District HS) 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. Boxwood Cres / Lemsford Dr is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $1.89M, median of 5 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- 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 4 closest active listings nearby.
See all comparable homesThis home lists 32% below the area average of $636/sqft.
19 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rouge Fairways, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Boxwood Cres / Lemsford Dr, about 312 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 $1,119,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,977
- Property tax
- $550
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,526
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,475
- Estimated closing costs
- $24,475
Plus your down payment of $280,000. 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
- $358,604
- Principal paid down
- $142,632
- Interest paid
- $215,972
- Balance remaining
- $977,367
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 RE/MAX COMMUNITY REALTY INC.. MLS®/PropTx.