78 Fitzgerald Avenue, Markham, ON

Unionville, Markham · MLS® N13553888

$2,988,000
For Sale
Listed 6 days ago
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5Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Welcome to This Luxurious Residence in the Prestigious Heart of Unionville!This stunning 5,000+ sqft home offers an exquisite blend of modern elegance and sophisticated design. Featuring 6 parking spaces and soaring 10' ceilings on the main level, the home boasts 2 spacious living rooms adorned with opulent crystal chandeliers.The open-concept gourmet kitchen is equipped with top-of-the-line built-in appliances, sleek granite countertops, and custom cabinetry perfect for culinary enthusiasts. Step outside onto the architecturally designed modern deck, ideal for both entertaining and relaxation in the outdoors.The 9' ceilings on the second floor are complemented by an extra-large skylight, bathing the space in abundant natural light. Each of the 4 spacious bedrooms features its own ensuite bath and walk-in closet, while the iconic master suite is accentuated by elegant Gucci wallpaper, adding a luxurious touch.The open-concept finished basement offers a versatile recreation space, alongside an additional bedroom and bathroom, perfect for guests or family.

Key facts

Property type
Detached, 2-Storey
MLS®
N13553888
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
58.66 × 105.22 ft
Cross streets
Hwy7/Village Pkwy
Parking
2 garage · 6 parking (built-in)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$12,699 / 2026
Days on market
6
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Living RoomGround14.75 × 12.75 m
Family RoomGround19.25 × 14.20 m
Bedroom 2Second18.00 × 18.11 m
Primary BedroomSecond27.35 × 21.33 m
Bedroom 4Second25.55 × 22.23 m
Dining RoomGround16.10 × 12.75 m
KitchenGround14.73 × 12.10 m
Bedroom 3Second12.53 × 22.90 m
OfficeGround11.00 × 12.10 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$3.60Mest. value

Listed at $2,988,000, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.98M, a bit lower.

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 $2.45M
  • Bathrooms +$15K
  • Adjusts to $2.46M

That comparable adjusts to $2.46M; the $3.60M estimate above is the median of all 7 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 Unionville 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$2.99MGreat deal$3.79MOverpriced

Total price vs nearby homes. Fair value about $3.60M, median of 7 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Unionville · asking prices
$3.12Mavg asking

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

64 SUMMERFELDT Crescent$3.57M20 16th Lane$2.65M68 Aitken Circle$2.45M12 Miner Circle$3.80M

The 4 closest active listings nearby.

See all comparable homes
2.99MThis home3.57M2.65M2.45M3.80MThis home vs active comparables
Live market pulseActive comparables in Unionville · median list $3.57M
$703this home / sqft
10active listings nearby
6days on market

This home lists 10% below the area average of $781/sqft.

2 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

Unionville, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Buttonville
$1.69M
Devil's Elbow
$2.09M
Milliken Mills East
$1.42M
Berczy
$1.35M
Victoria Manor-Jennings Gate
$2.17M

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 Parkview PS
84%
Parkview PSPublic · Elementary · JK-8 · 1.1 km awayHigher-rated than most nearby · 84% meet the provincial standard

Affordability & Mortgage

Affordability
$13,618/mo
$554KIncome needed
5.4×Price ÷ income
$3,143Weekly 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 $13,618Property tax $1,058Total carry $14,677

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)
$12,756per month

Mortgage amount $2,390,400 · 4.14% over 25 years

$597,600Down payment (20.0%)
$2,390,400Loan before insurance
$0CMHC premium
$13,814Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,756
Property tax
$1,058
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,814

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

One-time closing costs

Ontario land transfer tax
$61,175
Estimated closing costs
$61,175

Plus your down payment of $597,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,493/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

$1,436,418Total interest paid
$3,826,818Total of all payments
Principal $2,390,400 Interest $1,436,418
YearPrincipalInterestBalance
1$55,999$97,074$2,334,401
2$58,341$94,732$2,276,060
3$60,781$92,291$2,215,279
4$63,324$89,749$2,151,955
5$65,973$87,100$2,085,982
6$68,732$84,341$2,017,250
7$71,607$81,466$1,945,643
8$74,602$78,470$1,871,040
9$77,723$75,350$1,793,317
10$80,974$72,099$1,712,344
11$84,361$68,712$1,627,983
12$87,890$65,183$1,540,093
13$91,566$61,507$1,448,527
14$95,396$57,677$1,353,131
15$99,386$53,687$1,253,745
16$103,543$49,529$1,150,202
17$107,874$45,198$1,042,327
18$112,387$40,686$929,941
19$117,088$35,985$812,853
20$121,985$31,088$690,868
21$127,088$25,985$563,780
22$132,404$20,669$431,376
23$137,942$15,131$293,435
24$143,712$9,361$149,723
25$149,723$3,350$0

At the end of your 5-year term

Total paid over the term
$765,364
Principal paid down
$304,418
Interest paid
$460,946
Balance remaining
$2,085,982

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
2.2%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.

3.0%
Gross yield
− Property tax $12,699− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,399

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

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