31 Spanhouse Crescent, Markham, ON
Unionville, Markham · MLS® N13566220
About this home
Welcome To 31 Spanhouse Cres, A Fully Renovated Cozy Home Nestled In The Heart Of Unionville, A Vibrant And Highly Sought-After Community, Within Top Ranking School Zone. The House Is A Corner Home With No Side Door/ Side Garage, With The Other Corner Similarly Built Home Behind. Generous Lot Frontage 55 Feet. Per MPAC Lot Area Is About 6100 Sqft. The Total Living Space, Including The Basement Suite, Is About 4000 Sqft. This Home With Very Bright And Functional Layout, Hardwood Floor, Smooth Ceiling And Pot Lights Throughout Main & 2nd Floor. Living Room Has Bright Bay Window. Newly Upgraded (2026) Kitchen and Dining 60k Spent To Open Concept Modern Design. Kitchen With Quartz Countertop And Ceramic Backsplash, S.S Appliance. Dining Room Has South Facing Large Window. Breakfast Area And Family Room With Sunny Patio Doors With Walkout To Backyard. A Convenient Powder Room And A Practical Laundry Room With A Side Door And Direct Access To The Garage Complete The Main Level. Upstairs Has A Master Bedroom With Bay Window And 5 Pieces Ensuite. ALL FOUR Bedrooms Are Spacious And Have Ample Closet Space. Legal Basement Has A Separate Walkout Entrance And Is A Rarity In Unionville, It Is Good For Potential Rental Income. Two Gas Fireplace Locates At Ground Floor And Basement. Upgrades Cost 200k+ For: Basement - Full Legal Finish, Exits Code, Fire Code, Heating Code, Etc. (2020). Stairs And Hardwood Floors (2026). Pot Lights, Fixtures. Washrooms, Kitchen And Appliances. Garage Door. Furnace (2026). AC (2019). Roof (2018). Close To Historic Unionville Village, Toogood Pond, Community Centers, Golf Courses, Theater, Restaurants, Boutiques, Walking Trails, And Public Transport.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13566220
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 55.45 × 110 ft
- Cross streets
- Warden/Highway 7
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance, Apartment, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,662 / 2025
- Days on market
- 2
- Listing brokerage
- ANJIA REALTY
Rooms
window · hardwood floor
pot lights · window · hardwood floor
large window · laminate · pot lights
window · pot lights · hardwood floor
pot lights · walk-out · window
bay window · hardwood floor
pot lights · window · hardwood floor
large window · large closet · laminate
w/o to yard · fireplace · hardwood floor
pot lights · hardwood floor · backsplash
fireplace · large window · laminate
bay window · 5 pc ensuite · hardwood floor
laundry sink · large window · tile floor
pot lights · hardwood floor · w/o to yard
separate room · louvered doors
Listed at $1,688,000, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.93M, 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 $1.90M
- Adjusts to $1.90M
That comparable adjusts to $1.90M; the $2.00M estimate above is the median of all 10 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 Unionville 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, this is a very walkable address with everyday errands close by. Buchanan Dr / Spanhouse Cres is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.00M, median of 10 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 21% below the area average of $774/sqft.
2 days faster than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Unionville, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Buchanan Dr / Spanhouse Cres, about 112 m away
Within a 15-minute (1.5 km) walk.
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,350,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,206
- Property tax
- $722
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,928
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,235
- Estimated closing costs
- $30,235
Plus your down payment of $337,600. 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
- $432,374
- Principal paid down
- $171,974
- Interest paid
- $260,400
- Balance remaining
- $1,178,426
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ANJIA REALTY. MLS®/PropTx.