8985 Woodbine Avenue, Markham, ON

Buttonville, Markham · MLS® N13535986

$2,999,000
For Sale
Listed 103 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
10Parking
700Sq ft

About this home

In short

  • Prime Fast Growing Area, Future Growth Node.
  • Lot Walk Only, Property Is Being Sold In As Is Where is Condition.

Prime Fast Growing Area, Future Growth Node. Just East Of 404. High Traffic. Two Entrances. Front Portion Is Heritage. Lot Walk Only, Property Is Being Sold In As Is Where is Condition. BuyerTo Do His Own Due Diligence.

Key facts

Property type
Detached, 2-Storey
MLS®
N13535986
Size
700 sq ft
Lot
68.84 × 165.15 ft
Cross streets
Woodbine And 16th
Parking
10 parking
Driveway
Private
Basement
Other
Heating
Forced Air
A/C
None
Exterior
Aluminum Siding
Foundation
Brick, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$14,594 / 2025
Days on market
103
Listing brokerage
HOMELIFE GOLCONDA REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$2.94Mlikely sale price

Listed at $2,999,000. Going by how homes in Buttonville and the wider GTA have actually closed against their asking prices (about 98%, 8 local closings in 90 days), the likely sale price is near $2.94M, if it sells. A realistic range is $2.76M to $3.31M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 103 days on the market against about 27 for homes like it here, and asking 134% above where comparable closings put it.

List price
$2.76MBelow recent closings$3.31MAbove recent closings

Total price vs nearby homes. Likely closing about $2.94M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$1.60Mmedian sold price
102%of asking, on average
−3%prices vs a year ago
~10 dayshomes like this take to sell
103days on market so far
$2,832/moest. rent · 22 leases
1.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 5 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $4,284/sqft against an area asking average of $622/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $922K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 8 comparable homes that sold in Buttonville over the past two years, from 46 closings there.

What sellers nearby are askingCurrently listed nearby in Buttonville · asking prices
$1.80Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.28M, which is where my estimate comes from.

Per square foot, these ask about $996/sqft; this home lists at $4,284/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
3.00MThis home2.28M1.86M1.48M1.69M1.70MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Buttonville, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Cachet
$2.30M
Unionville
$2.19M
Devil's Elbow
$5.30M
Aileen-Willowbrook
$1.47M
Berczy
$1.61M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$13,668/mo
$562KIncome needed
5.3×Price ÷ income
$3,154Weekly cost
$61,450Land transfer tax, one-time (Ontario)
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.

92%mortgage
Mortgage $13,668Property tax $1,216Total carry $14,885

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13,266per month

Mortgage amount $2,399,200 · 4.49% over 25 years

$599,800Down payment (20.0%)
$2,399,200Loan before insurance
$0CMHC premium
$14,482Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,266
Property tax
$1,216
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,482

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

One-time closing costs

Ontario land transfer tax
$61,450
Estimated closing costs
$61,450

Plus your down payment of $599,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,056/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

$1,580,477Total interest paid
$3,979,677Total of all payments
Principal $2,399,200 Interest $1,580,477
YearPrincipalInterestBalance
1$53,540$105,647$2,345,660
2$55,971$103,216$2,289,689
3$58,512$100,675$2,231,177
4$61,169$98,018$2,170,008
5$63,946$95,241$2,106,062
6$66,850$92,337$2,039,212
7$69,885$89,302$1,969,328
8$73,058$86,129$1,896,270
9$76,375$82,812$1,819,895
10$79,843$79,344$1,740,052
11$83,468$75,719$1,656,584
12$87,258$71,929$1,569,327
13$91,220$67,968$1,478,107
14$95,361$63,826$1,382,746
15$99,691$59,496$1,283,055
16$104,217$54,970$1,178,837
17$108,949$50,238$1,069,888
18$113,896$45,291$955,992
19$119,067$40,120$836,925
20$124,473$34,714$712,451
21$130,125$29,062$582,326
22$136,033$23,154$446,293
23$142,210$16,977$304,083
24$148,667$10,520$155,417
25$155,417$3,770$0

At the end of your 5-year term

Total paid over the term
$795,935
Principal paid down
$293,138
Interest paid
$502,797
Balance remaining
$2,106,062

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
From 22 whole-home leases in Buttonville$2,832/mo
$33,984Gross annual rent
0.5%Cap rate after taxes and upkeep
$2,621 to $3,091Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 22 whole-home leases in Buttonville signed at a median of $4,206 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,832. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

1.1%
Gross yield
− Property tax $14,594− Insurance $1,400− Vacancy & upkeep $3,738Net operating income $14,252

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

CallRequest a showing