73 Manila Avenue, Markham, ON
Berczy, Markham · MLS® N13488802
About this home
Proudly offered by the original owners, this beautifully maintained & extensively upgraded detached home showcases true pride of ownership throughout, offering over 3,600 sq. ft. of finished living space in one of Markham's most sought-after communities at Kennedy Rd. & 16th Ave. Situated on a desirable no-sidewalk lot, this exceptional residence features a newly interlocked driveway with parking for up to 4 vehicles & outstanding curb appeal. The thoughtfully designed interior showcases hardwood flooring throughout the main level, upgraded broadloom on the 2nd floor, wide-plank flooring in the walk-out basement, smooth 9-ft ceilings on the main & second floors, pot lights, designer lighting, fresh paint & upgraded extra-height interior doors, creating an elegant, luxurious feel. The custom chef-inspired kitchen is the heart of the home, featuring premium Thermador appliances, gas range, built-in refrigerator, custom centre island, Caesarstone countertops, designer backsplash & gas BBQ hookup, perfectly designed for family living & effortless entertaining. The spacious second floor offers 4 generous bedrooms, including a luxurious primary retreat with spa-inspired 6-piece ensuite. A second bedroom features its own private ensuite, while a separate full bathroom service the remaining two spacious bedrooms. The prof. finished w/out basement extends the home with a stunning feature wall, custom built-in cabinetry, pot lights, large bedroom, office/den, full 4pc bath, second laundry & kitchen rough-in, ideal for multi-generational living, guests, recreation or future in-law suite potential. Enjoy the refreshed backyard with newly laid sod & seamless indoor-outdoor living from the walk-out lower level. Located within the highly coveted Pierre Elliott Trudeau H.S. district, close to parks, trails, shopping, restaurants, transit & all amenities. A rare opportunity to own a meticulously cared-for family home where quality, comfort, location & pride of ownership are evident.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13488802
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 34.15 × 90.31 ft
- Cross streets
- Kennedy & 16th Ave.
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,444 / 2026
- Days on market
- 22
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
hardwood floor · large window · combined w/dining
broadloom · large window · double closet
hardwood floor · centre island · pot lights
hardwood floor · large window · combined w/living
laminate · window
broadloom · large window · closet
Laminate
laminate · pot lights · walk-out
hardwood floor · w/o to deck · open concept
broadloom · ensuite bath · large window
hardwood floor · large window
laminate · pot lights · window
broadloom · walk-in closet(s) · 6 pc ensuite
Listed at $1,780,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.69M, a close match.
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 $1.80M
- Bedrooms +$30K
- Adjusts to $1.83M
That comparable adjusts to $1.83M; the $1.68M estimate above is the median of all 9 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 Pierre Elliott Trudeau HS, 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. 16th Av / Longwater Chase is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.68M, median of 9 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.
- Walk-out basement: natural light and strong in-law or income potential.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- 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 8 active listings nearby.
See all comparable homesThis home lists 5% above the area average of $616/sqft.
18 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Berczy, 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: 16th Av / Longwater Chase, about 183 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,424,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,599
- Property tax
- $620
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,219
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,075
- Estimated closing costs
- $32,075
Plus your down payment of $356,000. 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
- $455,940
- Principal paid down
- $181,347
- Interest paid
- $274,593
- Balance remaining
- $1,242,653
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 ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.