22 Thurgate Crescent, Markham, ON

German Mills, Markham · MLS® N13506270

$2,099,990
For Sale
Listed 17 days ago
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4Bedrooms
3Bathrooms
2Garage · 8 parking
2500-3000Sq Ft

About this home

Welcome to 22 Thurgate, a spectacular open-concept family home nestled on a premium ravine lot in the serene and highly sought-after German Mills community. Freshly painted throughout with a newly installed fence, this beautifully maintained residence features high-quality engineered hardwood flooring throughout the main and upper levels, a built-in sound system, and a spacious living room with a cozy gas fireplace. The gourmet kitchen is highlighted by an impressive 10-foot quartz island, perfect for entertaining and everyday living. Enjoy seamless indoor-outdoor living with walkouts from the living room and primary bedroom to private balconies overlooking the ravine, and from the office and finished basement directly to the private backyard retreat. The spacious primary suite offers a 4-piece ensuite, while the finished basement includes a dedicated workout area and sauna. Backing onto a picturesque ravine, the backyard is your own private oasis featuring an in-ground pool, tiered patios, a charming treehouse, and a tranquil fishpond-offering exceptional privacy and a perfect setting for family gatherings and summer entertaining. Located just steps to top-rated schools and close to parks, shopping, transit, and all amenities, this prime location offers the ideal balance of tranquility and convenience. Includes all existing electric light fixtures, built-in sound system, refrigerator, stove, dishwasher, microwave, washer, dryer, pool and related equipment, garage door opener with remotes, alarm system (monitoring extra), window coverings.

Key facts

Property type
Detached, Sidesplit 4
MLS®
N13506270
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000
Lot
40.52 × 137.61 ft
Cross streets
Steeles and Leslie
Parking
2 garage · 8 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Cedar
Foundation
Concrete
Roof
Flat, Asphalt Rolled
Sewer
Sewer
Pool
Inground
Property tax
$8,697 / 2025
Days on market
17
Listing brokerage
BAY STREET GROUP INC.
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.79Mest. value

Listed at $2,099,990, this home is tracking about 18% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. 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 59 similar homes nearby, adjusted for size, beds, and baths.Median of 59 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.81M, 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 $2.10M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $2.05M

That comparable adjusts to $2.05M; the $1.79M estimate above is the median of all 59 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 German Mills 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Simonston Blvd / Thurgate Cres is about a 2-minute walk away.

List price
$1.58MGreat deal$2.10MOverpriced

Total price vs nearby homes. Fair value about $1.79M, median of 59 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.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.75Mavg asking

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

536 Village Parkway$2.09M46 Eden Avenue$1.57M6 Linsmary Court$1.40M30 Percheron Court$2.17M3 Emmeloord Crescent$1.50M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.10MThis home2.09M1.57M1.40M2.17M1.50MThis home vs active comparables
Live market pulseActive comparables in Markham · median list $1.40M
$764this home / sqft
60active listings nearby
17days on market

This home lists 13% above the area average of $679/sqft.

13 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

German Mills, 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

54/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Simonston Blvd / Thurgate Cres, about 181 m away

20+ transit stops1 grocery20+ dining15 parks2 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.

Thornlea
$1.94M
Royal Orchard
$1.45M
Buttonville
$1.69M
Milliken Mills East
$1.42M
Unionville
$2.16M

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 German Mills PS
88%
German Mills PSPublic · Elementary · JK-8 · 0.3 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$9,571/mo
$390KIncome needed
5.4×Price ÷ income
$2,209Weekly 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.

93%mortgage
Mortgage $9,571Property tax $725Total carry $10,296

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,965per month

Mortgage amount $1,679,992 · 4.14% over 25 years

$419,998Down payment (20.0%)
$1,679,992Loan before insurance
$0CMHC premium
$9,690Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,965
Property tax
$725
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,690

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

One-time closing costs

Ontario land transfer tax
$38,975
Estimated closing costs
$38,975

Plus your down payment of $419,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,889/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

$1,009,526Total interest paid
$2,689,518Total of all payments
Principal $1,679,992 Interest $1,009,526
YearPrincipalInterestBalance
1$39,356$68,224$1,640,636
2$41,003$66,578$1,599,633
3$42,718$64,863$1,556,915
4$44,505$63,076$1,512,411
5$46,366$61,215$1,466,045
6$48,306$59,275$1,417,739
7$50,326$57,255$1,367,413
8$52,431$55,150$1,314,982
9$54,624$52,956$1,260,358
10$56,909$50,672$1,203,449
11$59,290$48,291$1,144,159
12$61,769$45,811$1,082,390
13$64,353$43,228$1,018,036
14$67,045$40,536$950,991
15$69,849$37,731$881,142
16$72,771$34,810$808,371
17$75,815$31,766$732,556
18$78,986$28,594$653,570
19$82,290$25,291$571,280
20$85,732$21,849$485,547
21$89,318$18,262$396,229
22$93,054$14,526$303,175
23$96,947$10,634$206,228
24$101,002$6,579$105,226
25$105,226$2,354$0

At the end of your 5-year term

Total paid over the term
$537,904
Principal paid down
$213,947
Interest paid
$323,956
Balance remaining
$1,466,045

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$5,250/mo
$63,000Gross annual rent
2.2%Est. cap rate

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 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.

3.0%
Gross yield
− Property tax $8,697− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $45,973

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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