40 Ralph Chalmers Avenue, Markham, ON

Wismer, Markham · MLS® N13550952

$1,300,000
For Sale
Listed 7 days ago
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4Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

Welcome Home to 40 Ralph Chalmers Avenue - Family Living at its Finest. Tucked into one of Markham's most sought-after family neighbourhoods, Wismer, this beautifully maintained 4-bedroom, 2-storey detached home offers the perfect blend of comfort, style, and location. Step onto the inviting covered front porch - the ideal spot for morning coffee - before entering a bright, soaring foyer with a dramatic two-storey ceiling and an eye-catching geometric chandelier that sets an elegant tone for the whole home. The open-concept dining and living space flows effortlessly, with oversized windows flooding the space with natural light and rich hardwood floors throughout. The heart of the home, the kitchen, offers warm wood cabinetry, and a gas range - plenty of room to cook up family favourites. Cozy up in the family room by the gas fireplace, framed by custom built-in shelves, for movie nights and lazy Sunday mornings. Upstairs, the spacious primary suite is your own private retreat, complete with a 4-pieceensuite. Three additional bedrooms and another 4-piece bathroom, provide ample living space for the family. A convenient main-floor powder room keeps things simple for guests and everyday life. Step outside to a private, fully fenced backyard surrounded by mature trees - a safe, peaceful space for kids to play and for you to unwind. Location? Unbeatable. This home is just steps to Sinclair Holden Park and within easy walking distance to Donald Cousens Public School, making school runs a breeze. Enjoy the best of Wismer living with parks, top-rated schools, shopping, Mount Joy Go station, and major commuter routes all close at hand. Move-in ready and lovingly cared for - this is the family home you've been waiting for. Updates done - 2017 Roof, 2018 Floors and stairs, 2020 Windows, California shutters, Front Door, Sliding doors. Book your private showing today!

Key facts

Property type
Detached, 2-Storey
MLS®
N13550952
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000
Lot
37.05 × 98.52 ft
Cross streets
Major Mackenzie/Ralph Chalmers
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Vinyl Siding
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,015 / 2026
Days on market
7
Listing brokerage
iCloud Realty Ltd.

Rooms

Bedroom 2Second3.35 × 3.00 m

hardwood floor · closet · overlooks backyard

BreakfastMain4.00 × 2.50 m

ceramic floor · w/o to yard · california shutters

KitchenMain3.35 × 3.00 m

ceramic floor · ceramic backsplash · breakfast bar

Dining RoomMain5.06 × 3.50 m

hardwood floor · combined w/living · california shutters

Primary BedroomSecond4.60 × 4.50 m

hardwood floor · his and hers closets · 4 pc ensuite

Bedroom 4Second3.50 × 3.00 m

hardwood floor · walk-in closet(s) · overlooks frontyard

Living RoomMain5.06 × 3.50 m

hardwood floor · combined w/dining · california shutters

Bedroom 3Second3.50 × 3.00 m

hardwood floor · closet

Family RoomMain4.10 × 3.90 m

hardwood floor · gas fireplace · overlooks backyard

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On schools, this address is zoned for Bur Oak 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. Major Mackenzie Dr East at Ralph Chalmers Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.02Mavg asking

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

19 Backus Court$989k113 Stirling Crescent$900k45 Trafford Crescent$899k28 Almond Avenue$1.20M71 Bishop Crescent$1.10M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.30MThis home989k900k899k1.20M1.10MThis home vs active comparables
Live market pulseActive comparables in Wismer · median list $1.39M
$743this home / sqft
5active listings nearby
7days on market

This home lists 18% above the area average of $630/sqft.

3 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

Wismer, 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

80/ 100

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: Major Mackenzie Dr East at Ralph Chalmers Ave, about 237 m away

20+ transit stops3 grocery20+ dining19 parks9 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.

Greensborough
$1.44M
Raymerville
$1.37M
Markham Village
$1.16M
Berczy
$1.35M
Cornell
$1.35M

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 Donald Cousens PS
80%
Donald Cousens PSPublic · Elementary · JK-8 · 0.4 km awayAbove the GTA average · 80% meet the provincial standard

Affordability & Mortgage

Affordability
$5,925/mo
$242KIncome needed
5.4×Price ÷ income
$1,367Weekly 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.

93%mortgage
Mortgage $5,925Property tax $418Total carry $6,343

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%
$
%
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)
$5,550per month

Mortgage amount $1,040,000 · 4.14% over 25 years

$260,000Down payment (20.0%)
$1,040,000Loan before insurance
$0CMHC premium
$5,968Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,550
Property tax
$418
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,968

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

One-time closing costs

Ontario land transfer tax
$22,475
Estimated closing costs
$22,475

Plus your down payment of $260,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,741/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

$624,948Total interest paid
$1,664,948Total of all payments
Principal $1,040,000 Interest $624,948
YearPrincipalInterestBalance
1$24,364$42,234$1,015,636
2$25,383$41,215$990,254
3$26,444$40,153$963,809
4$27,551$39,047$936,259
5$28,703$37,895$907,556
6$29,904$36,694$877,652
7$31,154$35,444$846,498
8$32,458$34,140$814,040
9$33,815$32,783$780,225
10$35,230$31,368$744,996
11$36,703$29,895$708,292
12$38,238$28,359$670,054
13$39,838$26,760$630,216
14$41,504$25,094$588,712
15$43,240$23,358$545,471
16$45,049$21,549$500,422
17$46,933$19,665$453,489
18$48,896$17,701$404,593
19$50,942$15,656$353,651
20$53,073$13,525$300,578
21$55,293$11,305$245,286
22$57,605$8,993$187,681
23$60,015$6,583$127,666
24$62,525$4,073$65,141
25$65,141$1,457$0

At the end of your 5-year term

Total paid over the term
$332,990
Principal paid down
$132,444
Interest paid
$200,545
Balance remaining
$907,556

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$3,150/mo
$37,800Gross annual rent
2.1%Est. cap rate

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.

2.9%
Gross yield
− Property tax $5,015− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,227

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of iCloud Realty Ltd.. MLS®/PropTx.

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