145 Drakefield Road, Markham, ON
Bullock, Markham · MLS® N13532448
About this home
Backs onto Milne Conservation Area. Sides onto Cosburn Park. Fronts onto a quiet cul-de-sac. Offered for the first-time since 1967, a setting like this is extraordinarily rare in Markham and virtually impossible to replicate. With only one neighbouring home, this exceptionally private setting overlooks protected greenspace framed by mature trees and local wildlife - a true nature retreat in the heart of Markham. Located within the school catchment of top-ranked Roy Crosby PS and Markville SS. Situated on a generous lot, this beautifully cared-for and tastefully updated 3-bedroom side-split offers a finished basement and a thoughtfully designed two-story addition overlooking 305 acres of parkland with scenic trails along the Rouge River. The original single-car garage has been converted into valuable additional living space, increasing the home's flexibility, while an attached carport ensures convenient covered parking, with a storage/utility room located just beyond. Entrenched in greenspace, yet just minutes Markville Mall, Unionville Main Street, grocery stores, diverse restaurants, Hwy 407, Hwy 7, Markham GO Station,and transit. 200 AMP service (Electric or hybrid car friendly). Sewer line to street updated in 2021. Move in and start making memories, or personalize to suit your vision and taste.
Key facts
- Property type
- Detached, Sidesplit 3
- MLS®
- N13532448
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 61.95 × 105.29 ft
- Cross streets
- McCowan & Hwy 7
- Parking
- 1 garage · 5 parking (carport)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,138 / 2026
- Days on market
- 10
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
4 pc bath · window · granite counters
window · hardwood floor · double closet
3 Pc Bath
combined w/sunroom · hardwood floor · double closet
overlooks backyard · broadloom · large closet
finished · above grade window · laminate
laminate · combined w/laundry · combined w/office
bay window · hardwood floor · combined w/dining
large window · broadloom · north view
w/o to deck · hardwood floor · overlooks park
large window · overlooks backyard · w/o to yard
laminate · overlooks backyard · overlooks park
overlooks park · overlooks backyard · large window
window · hardwood floor · double closet
Listed at $1,099,000, this home is tracking about 30% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 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 $1.16M, 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 $1.33M
- Bedrooms −$30K
- Bathrooms −$30K
- Adjusts to $1.27M
That comparable adjusts to $1.27M; the $1.56M 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, this is a very walkable address with everyday errands close by. McCowan Rd at Southdale Dr is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.56M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 30% below the area average of $892/sqft.
6 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bullock, 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: McCowan Rd at Southdale Dr, about 379 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 $879,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,692
- Property tax
- $428
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,120
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,455
- Estimated closing costs
- $18,455
Plus your down payment of $219,800. 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
- $281,504
- Principal paid down
- $111,966
- Interest paid
- $169,538
- Balance remaining
- $767,234
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
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 SIGNATURE REALTY. MLS®/PropTx.