60 Arbour Drive, Markham, ON

Greensborough, Markham · MLS® N13555786

$1,599,000
For Sale
Listed 4 days ago
Request a showing
◎ Directions
5Bedrooms
6Bathrooms
2Garage · 5 parking
2500-3000Sq Ft

About this home

**Absolutely stunning, Remodel, Charming 4 Bedrms Detached Home In a Family-oriented Neighborhd. A 2,700 Sqft of Thoughtfully Designed Living Space With Bright, Open concept, Airy Rooms, Functional Layout, 9-ft Smooth Ceilings & Potlights, Open concept Dining Room That Accommodates Up to many Guests For Family Gatherings. ***The Spacious Familyrm, Anchored by a Gas Fireplace, Flows Seamlessly Into the Breakfast & Kitchen- Directly Walk-out To Backyard. ***Modern Kitchen Offers New Quartz Countertops (2026) and Upgraded Stainless-steel Appliances. Hardwood Flooring Covers the Entire 2nd Floor, Complemented by Oak Staircases. A Large Mudroom With Direct Access to the 2 Car Garage Provides Practical Storage and Organization for Busy Family Life. ***Four Sun-filled, All Ensuite Bathroom (2026) Occupy the Upper Level. The Primary Suite Includes Top of the line, Updated With a Glass Shower Stall (2026), New Modern Style Double-sink Vanity (2026), and Upgraded Fixtures. **A Private Second-floor Walk-out Balcony Overlooks Tranquil Woodland-perfect for Morning Coffee or Evening Relaxation. Outside, Brand new Pro finished basement for entertainment, a Finished Interlock Backyard Offers a Private, Low-maintenance Space for Outdoor Gatherings and Gardening. Exceptionally Well Located Within Walking Distance to Swan Park and Gordon Weeden Park, and Minutes From Mount Joy Go Station, Community Centers, Trails, Shopping, and *** Top-ranked Schools ( Mount Joy PS & Bur Oak SS). A Fantastic Opportunity To Own A House In One of Markham's Most Family-friendly Neighbrhds-ideal for Growing Families Seeking a Safe, Low-traffic Street.

Key facts

Property type
Detached, 2-Storey
MLS®
N13555786
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
2500-3000
Lot
40.3 × 88.88 ft
Cross streets
MARKHAM RD./MAJOR MAC.
Parking
2 garage · 5 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,983 / 2026
Days on market
4
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

Bedroom 3Second0.00 × 0.00 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Living RoomMain0.00 × 0.00 m

hardwood floor · coffered ceiling(s) · combined w/dining

Bedroom 4Second0.00 × 0.00 m

hardwood floor · 3 pc ensuite · large closet

Bedroom 5Basement0.00 × 0.00 m

laminate · window

KitchenMain0.00 × 0.00 m

tile floor · centre island · overlooks backyard

Bedroom 2Second0.00 × 0.00 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Family RoomMain0.00 × 0.00 m

tile floor · open concept · w/o to yard

Family RoomMain0.00 × 0.00 m

hardwood floor · overlooks backyard · fireplace

RecreationBasement0.00 × 0.00 m

laminate · open concept · window

Primary BedroomSecond0.00 × 0.00 m

hardwood floor · 6 pc ensuite · walk-in closet(s)

Dining RoomMain0.00 × 0.00 m

hardwood floor · open concept · combined w/living

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.59Mest. value

Listed at $1,599,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with 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 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.55M, a close match.

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 $1.29M
  • Bathrooms +$30K
  • Adjusts to $1.32M

That comparable adjusts to $1.32M; the $1.59M estimate above is the median of all 17 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 Mount Joy PS, 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. Donald Cousens Pkwy / Major Mackenzie Dr is about a 5-minute walk away.

List price
$1.40MGreat deal$1.67MOverpriced

Total price vs nearby homes. Fair value about $1.59M, median of 17 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.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.70Mavg asking

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

310 Raymerville Drive$1.65M44 Dame Gruev Drive$1.67M25 Alcaine Court$2.29M1 Autumn Glow Drive$1.40M55 Castlemore Avenue$1.49M

The 5 closest active listings nearby.

See all comparable homes
1.60MThis home1.65M1.67M2.29M1.40M1.49MThis home vs active comparables
Live market pulseActive comparables in Greensborough · median list $1.35M
$581this home / sqft
17active listings nearby
4days on market

This home lists 2% above the area average of $568/sqft.

0 days faster 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

Greensborough, 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

64/ 100

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: Donald Cousens Pkwy / Major Mackenzie Dr, about 421 m away

20+ transit stops2 grocery20+ dining20+ parks7 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.

Markham Village
$1.16M
Raymerville
$1.37M
Cornell
$1.35M
Berczy
$1.43M
Box Grove
$1.03M

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 Mount Joy PS
88%
Mount Joy PSPublic · Elementary · JK-8 · 0.7 km awayHigher-rated than most nearby · 88% meet the provincial standard
Unnamed SS (Greensborough)EQAO results not published

Affordability & Mortgage

Affordability
$7,288/mo
$299KIncome needed
5.4×Price ÷ income
$1,682Weekly 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 $7,288Property tax $582Total carry $7,870

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)
$6,826per month

Mortgage amount $1,279,200 · 4.14% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,408Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,826
Property tax
$582
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,408

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

One-time closing costs

Ontario land transfer tax
$28,455
Estimated closing costs
$28,455

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,291/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

$768,686Total interest paid
$2,047,886Total of all payments
Principal $1,279,200 Interest $768,686
YearPrincipalInterestBalance
1$29,967$51,948$1,249,233
2$31,221$50,695$1,218,012
3$32,527$49,389$1,185,485
4$33,887$48,028$1,151,598
5$35,305$46,611$1,116,294
6$36,781$45,134$1,079,512
7$38,320$43,596$1,041,192
8$39,923$41,993$1,001,270
9$41,593$40,323$959,677
10$43,332$38,583$916,345
11$45,145$36,770$871,200
12$47,033$34,882$824,166
13$49,001$32,915$775,166
14$51,050$30,865$724,115
15$53,186$28,730$670,930
16$55,410$26,505$615,520
17$57,728$24,187$557,792
18$60,143$21,773$497,649
19$62,658$19,257$434,991
20$65,279$16,636$369,711
21$68,010$13,906$301,702
22$70,855$11,061$230,847
23$73,818$8,097$157,029
24$76,906$5,009$80,123
25$80,123$1,793$0

At the end of your 5-year term

Total paid over the term
$409,577
Principal paid down
$162,906
Interest paid
$246,671
Balance remaining
$1,116,294

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$5,250/mo
$63,000Gross annual rent
3.0%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.

3.9%
Gross yield
− Property tax $6,983− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,687

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.

CallRequest a showing