81 Prince Of Wales Drive, Markham, ON
Victoria Square, Markham · MLS® N13516802
About this home
Immaculate & Gorgeous 'Monarch' Home!! 4 Bedrooms With 2 Ensuites. Approx. 2900 S.F., $$$ Spent On Quality Upgrades, 9' High Ceiling & Superb Open Concept Thru Main Floor. Brand New Paint & Solid Hardwood Floors Throughout(2020), Newer Rosewood Front Door(Value 20k). Computer & Sitting Loft On 2nd Floor, Gourmet Kitchen With Upgraded Kitchen Cabinets & Water Filtration System, Large Centre Island & Granite Counter Top, Fully Interlocked Throughout Driveway & Backyard(2021), Basement Renovation by 2020. Newer A/C & Furnace (2022). Close To Hwy 404, Schools, Park, Shopping, and All Amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13516802
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 38.06 × 98.43 ft
- Cross streets
- Woodbine/Eglin Mills
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $7,776 / 2026
- Days on market
- 15
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · california shutters · pot lights
hardwood floor · closet · 4 pc ensuite
hardwood floor · california shutters · window
hardwood floor · combined w/living · large window
hardwood floor · closet · semi ensuite
hardwood floor · combined w/dining · pot lights
stainless steel appl · open concept · overlooks backyard
hardwood floor · cathedral ceiling(s) · semi ensuite
ceramic floor · w/o to patio · overlooks family
Listed at $1,688,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Victoria Square, so I widened the search to the surrounding area.
Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.79M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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
- Bathrooms +$15K
- Adjusts to $2.11M
That comparable adjusts to $2.11M; the $1.66M estimate above is the median of all 14 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 (Richmond Green SS) 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. Elgin Mills Rd / Victoria Square Blvd is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $1.66M, median of 14 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Worth verifying
- 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 9% below the area average of $672/sqft.
11 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Victoria Square, 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: Elgin Mills Rd / Victoria Square Blvd, about 316 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 $1,350,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,206
- Property tax
- $648
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,854
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,235
- Estimated closing costs
- $30,235
Plus your down payment of $337,600. 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
- $432,374
- Principal paid down
- $171,974
- Interest paid
- $260,400
- Balance remaining
- $1,178,426
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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.