120 Drakefield Road, Markham, ON
Bullock, Markham · MLS® N13543252
About this home
Rare Opportunity To Own This Beautifully Maintained And Fully Upgraded Raised Bungalow In The Highly Sought-After Bullock Community! Offering Over 2,000 Sq.Ft. Of Finished Living Space, This Move-In Ready Home Has Been Thoughtfully Updated And Continuously Improved Over The Years, Showcasing Exceptional Pride Of Ownership.Featuring 3+1 Spacious Bedrooms, A Bright And Functional Layout, And A Walk-Out Basement With Separate Entrance, Large Recreation Area, Additional Bedroom, Updated Full Bathroom Featuring A Marble Shower And Quartz Countertop, And Wet Bar, Offering Excellent Flexibility For Extended Family, Multi-Generational Living, Or Potential Rental Income (Buyer To Verify All Intended Uses).Numerous Quality Upgrades Include Smooth Ceilings With Pot Lights, Upgraded Flooring Throughout, Oak Staircase, An Updated Kitchen Featuring Upgraded Cabinetry, Quartz Countertops, Marble Backsplash, And Stainless Steel Appliances, Updated Bathrooms, Replaced Windows And Exterior Doors, Water Softener, Sprinkler System, And Quality Finishes Throughout.Step Outside To An Oversized Backyard Featuring A Large Deck, Perfect For Outdoor Entertaining, Summer BBQs, Family Gatherings, Or Simply Relaxing In Your Private Outdoor Retreat. Parking Is Never An Issue With An Attached Garage And An Extra-Long Private Driveway Accommodating Up To 5 Additional Vehicles.Ideally Located Just Minutes To Milne Dam Conservation Park, Markville Mall, GO Transit, Highway 407, Top-Rated Schools, Parks, Shopping, Restaurants, And Everyday Amenities. Enjoy The Perfect Balance Of Nature And Convenience With One Of Markham's Most Beloved Conservation Areas Right Nearby, Offering Scenic Walking Trails, Cycling Paths, Open Green Space, And Year-Round Outdoor Recreation.A Rare Combination Of Style, Functionality, Quality Upgrades, Exceptional Outdoor Living, And An Unbeatable Family-Friendly Location. Truly Move-In Ready And Not To Be Missed!
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13543252
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 60 × 145.75 ft
- Cross streets
- Hwy 7/Mccowan
- Parking
- 1 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,552 / 2025
- Days on market
- 8
- Listing brokerage
- RE/MAX EXCEL REALTY LTD.
Rooms
pot lights · overlooks garden · hardwood floor
bow window · french doors · hardwood floor
w/o to deck · quartz counter · stainless steel appl
gas fireplace · laminate · pot lights
double closet · hardwood floor · window
double closet · hardwood floor · window
double closet · hardwood floor · window
3 pc ensuite · laminate · pot lights
Listed at $1,268,800, this home is tracking about 23% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. 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 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, higher 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 $1.35M
- Adjusts to $1.35M
That comparable adjusts to $1.35M; the $1.03M estimate above is the median of all 12 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. Highway 7 / Conservation Av is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.03M, median of 12 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Walk-out basement: natural light and strong in-law or income potential.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- 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 8 active listings nearby.
See all comparable homesThis home lists 22% above the area average of $803/sqft.
4 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: Highway 7 / Conservation Av, about 297 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 $1,015,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,417
- Property tax
- $463
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,879
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,851
- Estimated closing costs
- $21,851
Plus your down payment of $253,760. 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
- $324,998
- Principal paid down
- $129,266
- Interest paid
- $195,732
- Balance remaining
- $885,774
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 RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.