29 Arborfield Lane, Markham, ON

Markville, Markham · MLS® N13530964

$1,499,000
For Sale
Listed 10 days ago
Request a showing
◎ Directions
4Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome To This Beautiful Detached, Well Maintained By Original Owner, Offering A Bright And Functional Layout Enhanced By Large Windows. An Inviting Open Living Room With Bay Window Overlooks The Front Yard, Formal Dining Room, Good Size Kitchen Features Stainless Steel Appliances, Pot Lights, Backsplash, Double Sink And Extra Cabinetry In The Breakfast Area With A Walkout To The Backyard. The Spacious Family Room With Cozy Fireplace Overlooks The Serene Outdoor Space. Circular Staircase Leads To The 2nd Floor With 4 Generous Bedrooms, Including A Huge Primary Retreat With A 5pc Ensuite And Walk-In Closet. The Main Floor Also Provides Convenient Laundry And Direct Access To Garage. A Welcoming Covered Front Porch. Long Driveway Can Park 4 Cars, Total 6 Parkings. Well Maintained Gardens, Interlock Walkway Guides You To A Paradise Backyard Complete With Interlock Patio, In-Ground Pool, Perfect For Outdoor Living And Entertaining. Newer Roof(2024) With 15 Year Warranty, Furnace(2024), Cac(2024). Top Ranking Markville Secondary School. Close To Markville Mall, Public Transit, Community Centre, Plazas, Grocery Stores, Restaurants, And Other Amenities, Quick Access To Highway 404 And 407.

Key facts

Property type
Detached, 2-Storey
MLS®
N13530964
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000
Lot
62.34 × 118.11 ft
Cross streets
Kennedy/16th Ave
Parking
2 garage · 6 parking (attached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Pool
Inground
Property tax
$8,615 / 2026
Days on market
10
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

Family RoomGround5.30 × 3.27 m

fireplace · large window · overlooks backyard

Dining RoomGround3.79 × 3.38 m

crown moulding · bay window · open concept

BreakfastGround3.90 × 3.47 m

large window · open concept · w/o to yard

Bedroom 3Second3.53 × 3.41 m

double closet · large window

Bedroom 2Second2.91 × 3.34 m

double closet · large window

Primary BedroomSecond6.93 × 3.17 m

5 pc ensuite · walk-in closet(s) · large window

Bedroom 4Second3.36 × 3.33 m

double closet · large window

Living RoomGround5.01 × 3.27 m

bay window · open concept · overlooks frontyard

KitchenGround3.45 × 2.85 m

pot lights · backsplash · large window

SittingSecond6.93 × 3.17 m

large window · combined w/primary

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.79Mest. value

Listed at $1,499,000, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($545/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Markville, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.97M, a bit higher.

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 $1.65M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.60M

That comparable adjusts to $1.60M; the $1.79M estimate above is the median of all 6 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 Markville SS, 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. Carlton Rd / Manhattan Dr is about a 1-minute walk away.

List price
$1.50MGreat deal$1.97MOverpriced

Total price vs nearby homes. Fair value about $1.79M, median of 6 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.57Mavg asking

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

46 Eden Avenue$1.57M6 Linsmary Court$1.40M536 Village Parkway$2.09M60 Cairns Drive$1.40M3 Lancashire Road$1.40M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home1.57M1.40M2.09M1.40M1.40MThis home vs active comparables
Live market pulseActive comparables in Markville · median list $1.80M
$545this home / sqft
5active listings nearby
10days on market

This home lists 1% below the area average of $552/sqft.

6 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

Markville, 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

59/ 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: Carlton Rd / Manhattan Dr, about 88 m away

20+ transit stops4 grocery20+ dining20+ parks14 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.

Berczy
$1.35M
Raymerville
$1.37M
Unionville
$2.16M
Devil's Elbow
$2.09M
Markham Village
$1.16M

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 Central Park PS
90%
Central Park PSPublic · Elementary · JK-8 · 0.7 km awayAmong the top in the GTA · 90% meet the provincial standard

Affordability & Mortgage

Affordability
$6,832/mo
$287KIncome needed
5.2×Price ÷ income
$1,577Weekly 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.

90%mortgage
Mortgage $6,832Property tax $718Total carry $7,550

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,399per month

Mortgage amount $1,199,200 · 4.14% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,117Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,399
Property tax
$718
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,117

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

One-time closing costs

Ontario land transfer tax
$26,455
Estimated closing costs
$26,455

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,773/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

$720,613Total interest paid
$1,919,813Total of all payments
Principal $1,199,200 Interest $720,613
YearPrincipalInterestBalance
1$28,093$48,699$1,171,107
2$29,268$47,524$1,141,839
3$30,492$46,300$1,111,346
4$31,768$45,025$1,079,578
5$33,097$43,696$1,046,482
6$34,481$42,311$1,012,000
7$35,923$40,869$976,077
8$37,426$39,367$938,651
9$38,991$37,801$899,660
10$40,622$36,170$859,037
11$42,322$34,471$816,716
12$44,092$32,701$772,624
13$45,936$30,856$726,688
14$47,858$28,935$678,830
15$49,859$26,933$628,971
16$51,945$24,848$577,026
17$54,118$22,675$522,908
18$56,381$20,411$466,526
19$58,740$18,053$407,787
20$61,197$15,596$346,590
21$63,757$13,036$282,833
22$66,423$10,369$216,410
23$69,202$7,591$147,208
24$72,096$4,696$75,112
25$75,112$1,680$0

At the end of your 5-year term

Total paid over the term
$383,963
Principal paid down
$152,718
Interest paid
$231,244
Balance remaining
$1,046,482

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
3.1%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.

4.2%
Gross yield
− Property tax $8,615− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,055

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

CallRequest a showing