78 Fitzgerald Avenue, Markham, ON

Unionville, Markham · MLS® N13553888

$2,988,000
For Sale
Listed 96 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • 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.
  • The open-concept finished basement offers a versatile recreation space, alongside an additional bedroom and bathroom, perfect for guests or family.

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
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
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
96
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
Our TakeTeam Asgarian · Broker
A small discount is typical
$2.93Mlikely sale price

Listed at $2,988,000. Going by how homes in Unionville and the wider GTA have actually closed against their asking prices (about 98%, 38 local closings in 90 days), the likely sale price is near $2.93M, if it sells. A realistic range is $2.75M to $3.31M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 96 days on the market against about 26 for homes like it here, and asking 34% above where comparable closings put it.

List price
$2.75MBelow recent closings$3.31MAbove recent closings

Total price vs nearby homes. Likely closing about $2.93M, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$1.68Mmedian sold price
99%of asking, on average
−3%prices vs a year ago
~18 dayshomes like this take to sell
96days on market so far
$5,343/moest. rent · 20 leases
2.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 11 detached homes for sale in the area against 38 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $703/sqft against an area asking average of $757/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.04M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($703/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 38 comparable homes that sold in Unionville over the past two years, from 230 closings there.

What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$3.72Mavg asking

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

Per square foot, these ask about $876/sqft; this home lists at $703/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.99MThis home3.18M3.69M4.30MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Unionville: $1.70M in September 2026, down 7% from a year ago, on 126 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.76M8
November 2025$1.84M9
December 2025$1.78M9
January 2026$1.63M10
March 2026$1.68M12
April 2026$1.59M19
May 2026$1.69M9
June 2026$1.75M16
July 2026$1.73M5
August 2026$1.60M19
September 2026$1.70M10

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Markville
$1.00M
Angus Glen
$1.66M
Milliken Mills East
$1.48M
Milliken Mills West
$1.40M
Berczy
$1.70M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$13,618/mo
$554KIncome needed
5.4×Price ÷ income
$3,143Weekly cost
$61,175Land transfer tax, one-time (Ontario)
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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13,217per month

Mortgage amount $2,390,400 · 4.49% over 25 years

$597,600Down payment (20.0%)
$2,390,400Loan before insurance
$0CMHC premium
$14,275Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,217
Property tax
$1,058
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,275

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

6.49%Qualifying rate
$15,997/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

$1,574,680Total interest paid
$3,965,080Total of all payments
Principal $2,390,400 Interest $1,574,680
YearPrincipalInterestBalance
1$53,344$105,260$2,337,056
2$55,766$102,838$2,281,291
3$58,298$100,306$2,222,993
4$60,944$97,659$2,162,049
5$63,712$94,892$2,098,337
6$66,604$91,999$2,031,733
7$69,628$88,975$1,962,104
8$72,790$85,813$1,889,315
9$76,095$82,508$1,813,220
10$79,550$79,053$1,733,670
11$83,162$75,441$1,650,508
12$86,938$71,666$1,563,570
13$90,885$67,718$1,472,686
14$95,011$63,592$1,377,674
15$99,325$59,278$1,278,349
16$103,835$54,768$1,174,514
17$108,550$50,054$1,065,964
18$113,478$45,125$952,486
19$118,631$39,973$833,855
20$124,017$34,586$709,838
21$129,648$28,955$580,190
22$135,534$23,069$444,656
23$141,688$16,915$302,968
24$148,121$10,482$154,847
25$154,847$3,757$0

At the end of your 5-year term

Total paid over the term
$793,016
Principal paid down
$292,063
Interest paid
$500,953
Balance remaining
$2,098,337

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
From 20 whole-home leases in Unionville$5,343/mo
$64,116Gross annual rent
1.4%Cap rate after taxes and upkeep
$4,943 to $5,611Typical rent range
~36 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 20 whole-home leases in Unionville signed at a median of $4,671 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,343. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.1%
Gross yield
− Property tax $12,699− Insurance $1,400− Vacancy & upkeep $7,053Net operating income $42,964

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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