7 Thomas Bales Drive, Markham, ON
Berczy, Markham · MLS® N13544526
About this home
Perfectly suited for downsizers, first-time buyers, or those looking to enjoy a low-maintenance lifestyle in one of Markham's most desirable communities Welcome to this picture-perfect 2+1 bedroom bungalow in the heart of prestigious Berczy community. Offering a functional open-concept layout with the perfect amount of living space, this beautifully maintained home features a desirable main-floor primary bedroom complete with a walk-in closet and private ensuite. Bright and inviting open-concept living and dining space featuring soaring cathedral ceilings and expansive picture windows that flood the home with natural light.The bright eat-in kitchen overlooks the inviting family room with a cozy gas fireplace, creating the perfect space for everyday living and entertaining.Situated on a premium irregular lot with prof upgraded landscaping, the spacious backyard offers plenty of room to relax, garden, or entertain. The professionally finished basement extends your living space with a spacious recreation room, third bedroom, stylish 3-piece bathroom, dedicated gym or home office, and an oversized laundry/storage room.Located on a quiet, mature tree-lined street in one of Markham's most sought-to-after communities, this home is surrounded by exceptional amenities. Just steps to Berczy Park featuring playgrounds, tennis courts, basketball courts, sports fields, a baseball diamond, skateboard park, and scenic walking trails. Located within one of Markham's top-ranked school districts, including Stonebridge Public School, Pierre Elliott Trudeau High School, St. Augustine Catholic High School & Unionville College (Private). Rarely offered in this prestigious Berczy neighbourhood, this is an exceptional opportunity to own a move-in-ready bungalow in one of Markham's most desirable communities, celebrated for it's outstanding amenities and unmatched family-friendly lifestyle. Don't miss this incredible opportunity! *Pantry Can Be Easily Converted Back To Main Floor Laundry*
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13544526
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3
- Size
- 1100-1500
- Lot
- 38.16 × 91 ft
- Cross streets
- 16th Ave & McCowan Rd
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,518 / 2025
- Days on market
- 8
- Listing brokerage
- RE/MAX REALTRON TURNKEY REALTY
Rooms
large window · 3 pc ensuite · walk-in closet(s)
laminate · open concept
picture window · cathedral ceiling(s) · open concept
laminate · window
laundry sink · centre island · window
open concept · combined w/living · cathedral ceiling(s)
Laminate
gas fireplace · w/o to patio · large window
eat-in kitchen · quartz counter · overlooks family
picture window · large closet · parquet
Listed at $1,089,999, this home is tracking about 13% 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 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 $1.33M, 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 $1.12M
- Bedrooms −$30K
- Adjusts to $1.09M
That comparable adjusts to $1.09M; the $965K 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 Pierre Elliott Trudeau HS, 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. Bur Oak Av / Ridgecrest Rd is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $965K, 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Worth verifying
- Lifestyle
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 18% above the area average of $711/sqft.
4 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Berczy, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Bur Oak Av / Ridgecrest Rd, about 283 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 $871,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,653
- Property tax
- $460
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,113
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,275
- Estimated closing costs
- $18,275
Plus your down payment of $218,000. 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
- $279,199
- Principal paid down
- $111,049
- Interest paid
- $168,149
- Balance remaining
- $760,950
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 REALTRON TURNKEY REALTY. MLS®/PropTx.