43 Bethany Street, Markham, ON

Cedarwood, Markham · MLS® N13539030

$1,729,000
For Sale
Listed 9 days ago
Request a showing
◎ Directions
7Bedrooms
5Bathrooms
2Garage · 8 parking
3500-5000Sq Ft

About this home

Location! Location! Location! Stunning 4-bedroom home in the highly sought-after Cedarwood community of Markham. Offering approximately 3,477 sq ft of living space, this bright and spacious property features hardwood floors throughout and a functional layout with 9-ftceilings on the main floor. The walk-out basement includes two separate units generating excellent rental income of approximately $3,800/month. Backing onto a peaceful ravine, this home offers both privacy and scenic views. The oversized primary bedroom is a true retreat with a double-door entry, and all bedrooms feature walk-in closets. The large kitchen is equipped with granite countertops and ample space for family living and entertaining. Conveniently located just steps to schools, shopping, and major amenities, including Walmart, No Frills, Costco, and more. A fantastic opportunity for both families and investors!

Key facts

Property type
Detached, 2-Storey
MLS®
N13539030
Bedrooms
7 (4 + 3)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
39.37 × 112.01 ft
Cross streets
Markham / Denison
Parking
2 garage · 8 parking (attached)
Driveway
Available
Basement
Apartment, Separate Entrance
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,724 / 2026
Days on market
9
Listing brokerage
HOMELIFE DISTRICT REALTY

Rooms

Bedroom 2Second5.60 × 4.35 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

KitchenMain6.40 × 3.65 m

ceramic floor · modern kitchen · backsplash

Living RoomMain7.12 × 3.50 m

hardwood floor · combined w/dining · open concept

BreakfastMain6.40 × 3.65 m

ceramic floor · combined w/kitchen · w/o to deck

Dining RoomMain7.12 × 3.50 m

hardwood floor · combined w/living · large window

Bedroom 3Second4.25 × 3.65 m

hardwood floor · 4 pc bath · walk-in closet(s)

Primary BedroomSecond6.09 × 5.35 m

halogen lighting · 5 pc ensuite · walk-in closet(s)

LibraryMain3.65 × 3.50 m

hardwood floor · large window · separate room

KitchenBasement4.57 × 3.65 m

vinyl floor · combined w/living · 4 pc bath

Family RoomMain3.71 × 3.96 m

hardwood floor · fireplace · overlooks backyard

Bedroom 4Second4.20 × 3.65 m

hardwood floor · semi ensuite · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Cedarwood PS) 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. Denison St / Elson St is about a 2-minute walk away.

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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Cedarwood · asking prices
$1.65Mavg asking

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

40 Ann Louise Crescent$1.45M47 Mohandas Drive$1.90M18 Ann Louise Crescent$1.60M

The 3 closest active listings nearby.

See all comparable homes
1.73MThis home1.45M1.90M1.60MThis home vs active comparables
Live market pulseActive comparables in Cedarwood · median list $1.60M
$407this home / sqft
6active listings nearby
9days on market

This home lists 21% below the area average of $513/sqft.

5 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

Cedarwood, 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

69/ 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: Denison St / Elson St, about 168 m away

20+ transit stops4 grocery20+ dining14 parks13 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.

Middlefield
$1.06M
Box Grove
$1.03M
Milliken Mills East
$1.42M
Markham Village
$1.16M
Raymerville
$1.37M

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 Cedarwood PS
77%
Cedarwood PSPublic · Elementary · JK-8 · 0.2 km awayAbove the GTA average · 77% meet the provincial standard
Middlefield CIEQAO results not published

Affordability & Mortgage

Affordability
$7,880/mo
$323KIncome needed
5.3×Price ÷ income
$1,819Weekly 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.

92%mortgage
Mortgage $7,880Property tax $644Total carry $8,524

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)
$7,381per month

Mortgage amount $1,383,200 · 4.14% over 25 years

$345,800Down payment (20.0%)
$1,383,200Loan before insurance
$0CMHC premium
$8,025Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,381
Property tax
$644
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,025

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

One-time closing costs

Ontario land transfer tax
$31,055
Estimated closing costs
$31,055

Plus your down payment of $345,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,965/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

$831,181Total interest paid
$2,214,381Total of all payments
Principal $1,383,200 Interest $831,181
YearPrincipalInterestBalance
1$32,404$56,172$1,350,796
2$33,759$54,816$1,317,037
3$35,171$53,404$1,281,866
4$36,642$51,933$1,245,224
5$38,175$50,400$1,207,049
6$39,772$48,803$1,167,277
7$41,435$47,140$1,125,842
8$43,168$45,407$1,082,674
9$44,974$43,601$1,037,699
10$46,855$41,720$990,844
11$48,815$39,760$942,029
12$50,857$37,718$891,172
13$52,984$35,591$838,187
14$55,201$33,375$782,987
15$57,510$31,066$725,477
16$59,915$28,660$665,562
17$62,421$26,154$603,141
18$65,032$23,543$538,108
19$67,753$20,823$470,356
20$70,587$17,989$399,769
21$73,539$15,036$326,230
22$76,615$11,960$249,615
23$79,820$8,755$169,795
24$83,158$5,417$86,637
25$86,637$1,938$0

At the end of your 5-year term

Total paid over the term
$442,876
Principal paid down
$176,151
Interest paid
$266,725
Balance remaining
$1,207,049

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$7,350/mo
$88,200Gross annual rent
4.0%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.

5.1%
Gross yield
− Property tax $7,724− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $69,374

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

CallRequest a showing