511 Caboto Trail, Markham, ON
Village Green-South Unionville, Markham · MLS® N13562394
About this home
In short
- A Beautifully Maintained Semi-Detached Home Nestled In The Highly Desirable South Unionville Community Of Markham.
- This Bright And Functional 3 Bedrooms and 3 Bathrooms Home Features A Modern Family Friendly Layout Perfect For End Users, Growing Families Or Investors Alike.
- Enjoy A Spacious Main Floor With Comfortable Living Spaces, An Enclosed Front Porch and A Private Backyard Complete With A Garden Shed.
- The Unfinished Basement Offers Endless Potential For Future Customization, Whether You Envision A Recreation Area, Home Gym, Office, Or Additional Living Space.
- Conveniently Located Just Approximately 5-Minute Walk To Unionville Meadows Public School, Close To Shopping, Transit, Restaurants, Parks, And All Essential Amenities.
A Beautifully Maintained Semi-Detached Home Nestled In The Highly Desirable South Unionville Community Of Markham! This Bright And Functional 3 Bedrooms and 3 Bathrooms Home Features A Modern Family Friendly Layout Perfect For End Users, Growing Families Or Investors Alike. Enjoy A Spacious Main Floor With Comfortable Living Spaces, An Enclosed Front Porch and A Private Backyard Complete With A Garden Shed. South Unionville Park At Your Doorstep Offering Incredible Views And Everyday Convenience With Kids' Playgrounds, Open Green Space and A Nearby Tennis and Soccer Field. A Fantastic Setting For Families Looking To Enjoy An Active Lifestyle In A Vibrant Community. Owned Furnace, Air Conditioner, And Hot Water Tank - A Major Bonus Providing Buyers With Peace Of Mind And No Monthly Rental Fees. The Unfinished Basement Offers Endless Potential For Future Customization, Whether You Envision A Recreation Area, Home Gym, Office, Or Additional Living Space. Conveniently Located Just Approximately 5-Minute Walk To Unionville Meadows Public School, Close To Shopping, Transit, Restaurants, Parks, And All Essential Amenities. A Rare Opportunity To Own A Well Cared For Home In One Of Markham's Most Sought After Neighbourhoods! Don't Miss This!
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- N13562394
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 24.61 × 115.49 ft
- Cross streets
- Kennedy & Highway 7
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,877 / 2026
- Days on market
- 68
- Listing brokerage
- VALERY REAL ESTATE INC.
Listed at $998,000, which is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.
Compared as a project. The listing presents this home as one to renovate or rebuild, so the finished homes among its comparable sales were adjusted for that before comparing.
Longer on the market than typical. 68 days on the market, and asking 3% above where comparable closings put it.
Total price vs nearby homes. Fair value about $967K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $570/sqft against an area asking average of $607/sqft. Size and $/sqft both feed the estimate above.
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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.02M. Condition and finishes remain an in-person call.
What the listing highlights3 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
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Markville 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.
Read this with carewhy it’s an estimate, not an appraisal
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 4 homes sold on this street over the past two years, plus 1 nearby in Village Green-South Unionville, from 20 closings in Village Green-South Unionville.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $967K, which is where my estimate comes from.
Per square foot, these ask about $688/sqft; this home lists at $570/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Village Green-South Unionville, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 11 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $798,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,370
- Property tax
- $406
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,777
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,435
- Estimated closing costs
- $16,435
Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $262,214
- Principal paid down
- $98,716
- Interest paid
- $163,498
- Balance remaining
- $699,684
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Village Green-South Unionville signed at a median of $3,120 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,191. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of VALERY REAL ESTATE INC.. MLS®/PropTx.