55 Castlemore Avenue, Markham, ON

Berczy, Markham · MLS® N13559208

$1,489,900
For Sale
Listed 4 days ago
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5Bedrooms
5Bathrooms
2Garage · 5 parking
3000-3500Sq Ft

About this home

Welcome to 55 Castlemore Avenue, an exceptional family home in the heart of Markham's prestigious Berczy Village Neighbourhood. Beautifully renovated from top to bottom, this stunning five-bedroom, five-bathroom detached residence offers an expansive open-concept layout designed for modern living and effortless entertaining. Natural light fills every room, highlighting rich hardwood flooring throughout the main and second levels, elegant crown moulding, pot lights, and custom finishes. At the heart of the home is a beautifully appointed chef's kitchen featuring premium appliances, high-end finishes, abundant cabinetry, and generous prep space. The inviting family room, complete with a fireplace and backyard views, is the perfect place to gather. Upstairs, the spacious primary suite offers a luxurious retreat with a generous ensuite, while three full bathrooms on the second level provide exceptional convenience. An additional den creates the perfect home office or study. The professionally finished basement is built for entertaining, featuring a full kitchen, a separate bar with its own fireplace, and a spacious recreation area ideal for hosting guests or creating an in-law suite. Step outside to a spectacular backyard with a premium interlock patio, perfect for outdoor dining and summer entertaining. With parking for up to five vehicles, this home is as practical as it is elegant. Located in one of Markham's most desirable neighbourhoods, you're surrounded by parks, shopping, restaurants, and top-rated schools, including Pierre Elliott Trudeau High School and Castlemore Public School. Just minutes from Highways 404 and 407, this home offers luxury, convenience, and exceptional family living.

Key facts

Property type
Detached, 2-Storey
MLS®
N13559208
Bedrooms
5
Bathrooms
5 (1 half)
Size
3000-3500
Lot
41.99 × 104.32 ft
Cross streets
Major Mackenzie
Parking
2 garage · 5 parking (built-in)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,955 / 2025
Days on market
4
Listing brokerage
RARE REAL ESTATE
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.07Mest. value

Listed at $1,489,900, this home is about 28% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.88M, 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 $1.80M
  • Adjusts to $1.80M

That comparable adjusts to $1.80M; the $2.07M estimate above is the median of all 5 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. William Berczy Blvd / Castlemore Av is about a 1-minute walk away.

List price
$1.49MGreat deal$2.12MOverpriced

Total price vs nearby homes. Fair value about $2.07M, median of 5 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.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • 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
$2.11Mavg asking

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

17 Coral Cove Court$1.60M7 Normandale Road$2.35M7 Kimbark Crescent$2.39M

The 3 closest active listings nearby.

See all comparable homes
1.49MThis home1.60M2.35M2.39MThis home vs active comparables
Live market pulseActive comparables in Berczy · median list $1.80M
$458this home / sqft
7active listings nearby
4days on market

This home lists 24% below the area average of $606/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

Berczy, 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

57/ 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: William Berczy Blvd / Castlemore Av, about 83 m away

20+ transit stops13 dining20+ parks2 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.

Devil's Elbow
$2.09M
Unionville
$2.16M
Raymerville
$1.37M
Victoria Manor-Jennings Gate
$2.17M
Buttonville
$1.69M

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 Pierre Elliott Trudeau HS
94%
Pierre Elliott Trudeau HSPublic · Secondary · 9-12 · 0.5 km awayAmong the top in the GTA · 94% meet the provincial standard
Castlemore PSEQAO results not published

Affordability & Mortgage

Affordability
$6,790/mo
$283KIncome needed
5.3×Price ÷ income
$1,567Weekly 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.

91%mortgage
Mortgage $6,790Property tax $663Total carry $7,453

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)
$6,361per month

Mortgage amount $1,191,920 · 4.14% over 25 years

$297,980Down payment (20.0%)
$1,191,920Loan before insurance
$0CMHC premium
$7,023Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,361
Property tax
$663
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,023

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

One-time closing costs

Ontario land transfer tax
$26,273
Estimated closing costs
$26,273

Plus your down payment of $297,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,725/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

$716,238Total interest paid
$1,908,158Total of all payments
Principal $1,191,920 Interest $716,238
YearPrincipalInterestBalance
1$27,923$48,404$1,163,997
2$29,091$47,236$1,134,907
3$30,307$46,019$1,104,600
4$31,575$44,751$1,073,024
5$32,896$43,431$1,040,129
6$34,272$42,055$1,005,857
7$35,705$40,621$970,152
8$37,199$39,128$932,953
9$38,755$37,572$894,198
10$40,376$35,950$853,822
11$42,065$34,262$811,758
12$43,824$32,502$767,933
13$45,657$30,669$722,276
14$47,567$28,759$674,709
15$49,557$26,770$625,152
16$51,630$24,697$573,523
17$53,789$22,537$519,733
18$56,039$20,287$463,694
19$58,383$17,943$405,311
20$60,825$15,501$344,486
21$63,369$12,957$281,116
22$66,020$10,306$215,096
23$68,782$7,545$146,315
24$71,659$4,668$74,656
25$74,656$1,670$0

At the end of your 5-year term

Total paid over the term
$381,632
Principal paid down
$151,791
Interest paid
$229,840
Balance remaining
$1,040,129

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$6,300/mo
$75,600Gross annual rent
3.9%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.

5.1%
Gross yield
− Property tax $7,955− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $57,929

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RARE REAL ESTATE. MLS®/PropTx.

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