18 Oak Lea Circle, Markham, ON

Markham Village, Markham · MLS® N13566028

$2,198,000
For Sale
Listed 2 days ago
Request a showing
◎ Directions
6Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Nestled on a quiet, family-friendly circle, this exceptional residence has been extensively remodelled to showcase sophisticated modern design, premium finishes and . Bright, open-concept layout with a beautiful designer kitchen and a large 12' island. The rear of the home is framed by three expansive sliding glass doors which create seamless indoor-outdoor living. Second level, has five generously sized bedrooms and a convenient second-floor laundry. The primary suite has a large walk-in closet and luxurious spa-inspired ensuite. The fully finished lower level provides exceptional additional living space, featuring a sixth bedroom currently configured as a private gym, an additional bathroom with heated floors, a spacious recreation room with a wet bar and bar fridge, large storage room, and an oversized cold cellar. Designed with modern convenience in mind, the home is equipped with extensive smart-home technology, including two EV charging outlets, an eight-camera outdoor security system, smart lighting, Wi-Fi-enabled irrigation system, Wi-Fi enabled smart lock in mudroom, Wi-Fi controlled garage door opener and Wi-Fi pool controls. Designer-inspired exterior upgrades further enhance the home's impressive curb appeal. The private backyard oasis with deck, pool, hot tub, and pergola. Ideally situated just minutes from GO Transit, the York Region Bus Terminal, Markham Stouffville Hospital, parks, shopping, restaurants, top-ranked schools, and the historic charm of Main Street Markham.

Key facts

Property type
Detached, 2-Storey
MLS®
N13566028
Bedrooms
6 (5 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
60 × 110 ft
Cross streets
Church & 9th Line
Parking
2 garage · 6 parking (attached)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Wood
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$8,138 / 2026
Days on market
2
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomSecond4.34 × 3.39 m

hardwood floor · window · ensuite bath

BedroomBasement3.65 × 3.65 m

vinyl floor · pot lights · walk-in closet(s)

RecreationBasement4.66 × 4.99 m

vinyl floor · pot lights · window

Living RoomMain4.03 × 2.87 m

hardwood floor · pot lights · window

KitchenMain5.36 × 4.16 m

hardwood floor · pot lights · centre island

Bedroom 3Second3.67 × 2.87 m

hardwood floor · large window · closet

Dining RoomMain4.41 × 4.07 m

hardwood floor · pot lights · w/o to yard

Bedroom 2Second3.75 × 2.76 m

hardwood floor · large window · closet

Bedroom 4Second4.08 × 3.02 m

hardwood floor · large window · closet

Bedroom 5Second3.49 × 2.72 m

hardwood floor · large window · closet

Great RoomMain4.31 × 3.78 m

hardwood floor · pot lights · walk-out

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.80Mest. value

Listed at $2,198,000, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.90M, 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 $2.13M
  • Bedrooms +$30K
  • Adjusts to $2.16M

That comparable adjusts to $2.16M; the $1.80M estimate above is the median of all 8 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.

Its public catchment (Markham District HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Ninth Line / Rose Way is about a 3-minute walk away.

List price
$1.73MGreat deal$2.20MOverpriced

Total price vs nearby homes. Fair value about $1.80M, median of 8 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.74Mavg asking

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

31 Cavalry Trail$1.69M31 Spanhouse Crescent$1.69M51 Albert Lewis Street$1.42M71 Glengordon Crescent$2.49M23 Appleview Road$1.40M

The 5 closest of 6 active listings nearby.

See all comparable homes
2.20MThis home1.69M1.69M1.42M2.49M1.40MThis home vs active comparables
Live market pulseActive comparables in Markham Village · median list $1.70M
$799this home / sqft
8active listings nearby
2days on market

This home lists 19% above the area average of $669/sqft.

2 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

Markham Village, 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

63/ 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: Ninth Line / Rose Way, about 233 m away

20+ transit stops20+ dining20+ parks9 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.

Cornell
$1.35M
Box Grove
$1.03M
Raymerville
$1.37M
Greensborough
$1.44M
Middlefield
$1.06M

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 Reesor Park PS
72%
Reesor Park PSPublic · Elementary · JK-8 · 0.7 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$10,018/mo
$405KIncome needed
5.4×Price ÷ income
$2,312Weekly 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.

94%mortgage
Mortgage $10,018Property tax $678Total carry $10,696

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)
$9,383per month

Mortgage amount $1,758,400 · 4.14% over 25 years

$439,600Down payment (20.0%)
$1,758,400Loan before insurance
$0CMHC premium
$10,062Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,383
Property tax
$678
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,062

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

One-time closing costs

Ontario land transfer tax
$41,425
Estimated closing costs
$41,425

Plus your down payment of $439,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,397/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

$1,056,643Total interest paid
$2,815,043Total of all payments
Principal $1,758,400 Interest $1,056,643
YearPrincipalInterestBalance
1$41,193$71,408$1,717,207
2$42,916$69,685$1,674,290
3$44,711$67,890$1,629,579
4$46,582$66,020$1,582,997
5$48,530$64,072$1,534,467
6$50,560$62,042$1,483,907
7$52,675$59,927$1,431,232
8$54,878$57,724$1,376,354
9$57,174$55,428$1,319,181
10$59,565$53,037$1,259,616
11$62,057$50,545$1,197,559
12$64,652$47,949$1,132,907
13$67,357$45,245$1,065,550
14$70,174$42,428$995,376
15$73,109$39,492$922,266
16$76,167$36,434$846,099
17$79,353$33,248$766,745
18$82,673$29,929$684,073
19$86,131$26,471$597,942
20$89,733$22,868$508,209
21$93,487$19,115$414,722
22$97,397$15,204$317,324
23$101,471$11,130$215,853
24$105,716$6,886$110,138
25$110,138$2,464$0

At the end of your 5-year term

Total paid over the term
$563,009
Principal paid down
$223,933
Interest paid
$339,076
Balance remaining
$1,534,467

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
2.1%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.

2.9%
Gross yield
− Property tax $8,138− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,532

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

CallRequest a showing