56 Coral Harbour Crescent, Markham, ON

Bayview Fairway-Bayview Country Club Estates, Markham · MLS® N13566992

$1,399,000
For Sale
Listed 96 days agoNo offer date stated
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4+1Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Spacious 5-level sidesplit situated on a huge pie-shaped lot on a quiet crescent.
  • This 4-bedroom home offers incredible space for families and entertaining, featuring a private backyard oasis with an inground pool and plenty of room to relax or play.
  • Situated within the catchment for top-rated Bayview Fairways Public School, this is an ideal home for growing families. Hardwood Floors under Broadloom in Bedrooms...

Spacious 5-level sidesplit situated on a huge pie-shaped lot on a quiet crescent. This 4-bedroom home offers incredible space for families and entertaining, featuring a private backyard oasis with an inground pool and plenty of room to relax or play. Located in a sought-after, low-traffic neighbourhood, this property combines comfort, privacy, and exceptional outdoor living. Situated within the catchment for top-rated Bayview Fairways Public School, this is an ideal home for growing families. *Hardwood Floors under Broadloom in Bedrooms* Roof 2011, CAC 2015, Furnace 2010, Kitchen 2012, Wdws on main floor (except Bow wdw) 2009, Pool Heater (electric) 2021, Water Softner (2021)

Key facts

Property type
Detached, Sidesplit 5
MLS®
N13566992
Bedrooms
4+1 (5 total)
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
33.57 × 200.15 ft
Cross streets
Bayview Ave/John St
Parking
2 garage · 6 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$8,130 / 2025
Days on market
96
Listing brokerage
PAUL ZAMMIT REAL ESTATE LTD.

Rooms

BedroomLower2.97 × 2.52 m

Broadloom

Primary BedroomUpper4.63 × 3.96 m

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

KitchenMain3.92 × 2.45 m

Overlooks Pool

BreakfastMain3.48 × 2.82 m
RecreationSub-Basement7.62 × 5.44 m

Vinyl Floor

Bedroom 2Upper3.96 × 3.48 m

broadloom · closet · hardwood floor

Bedroom 3Upper3.48 × 3.00 m

broadloom · closet · hardwood floor

Bedroom 4Upper3.60 × 3.30 m

broadloom · closet · hardwood floor

Dining RoomMain3.66 × 3.23 m

Hardwood Floor

Family RoomMain7.73 × 3.90 m

parquet · floor/ceil fireplace · walk-out

RecreationLower6.22 × 6.16 m

broadloom · wainscoting

DenMain1.70 × 2.19 m
LaundryLower3.83 × 3.06 m
Living RoomMain6.42 × 3.66 m

hardwood floor · bow window

Our TakeTeam Asgarian · Broker
Below what recent sales support
$1.50Mautomated estimate, from recent sales

Listed at $1,399,000, about 7% below our estimate of $1.50M (homes like it typically land between $1.41M and $1.58M).

Why $1.50M. The typical detached home sold in Bayview Fairway-Bayview Country Club Estates over the past year went for about $1.46M (12 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,130 a year; the typical home sold here pays about $7,100.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it slightly4+1 bedrooms and 3 baths, against 3.5 and 4 typically.
List price
$1.40MBelow our range$1.58MAbove our range

Total price vs nearby homes. Fair value about $1.50M, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
96days on market so far
$4,588/moest. rent · 5 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 5 detached homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $622/sqft against an area asking average of $908/sqft.

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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.53M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Bayview Fairway-Bayview Country Club Estates, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in Bayview Fairway-Bayview Country Club Estates over the past two years, from 22 closings there.

What sellers nearby are askingCurrently listed nearby in Bayview Fairway-Bayview Country Club Estates · asking prices
$1.80Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.50M, which is where my estimate comes from.

Per square foot, these ask about $860/sqft; this home lists at $622/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.40MThis home1.98M1.40M1.93M1.89MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Bayview Fairway-Bayview Country Club Estates, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Aileen-Willowbrook
$1.47M
Royal Orchard
$2.77M
Grandview
$1.42M
Cachet
$2.30M
Unionville
$2.16M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$6,376/mo
$268KIncome needed
5.2×Price ÷ income
$1,471Weekly cost
$24,455Land transfer tax, one-time (Ontario)
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.

90%mortgage
Mortgage $6,376Property tax $678Total carry $7,054

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,188per month

Mortgage amount $1,119,200 · 4.49% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,866Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,188
Property tax
$678
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,866

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

One-time closing costs

Ontario land transfer tax
$24,455
Estimated closing costs
$24,455

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,490/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

$737,275Total interest paid
$1,856,475Total of all payments
Principal $1,119,200 Interest $737,275
YearPrincipalInterestBalance
1$24,976$49,283$1,094,224
2$26,110$48,149$1,068,114
3$27,295$46,964$1,040,819
4$28,535$45,724$1,012,285
5$29,830$44,429$982,454
6$31,185$43,074$951,270
7$32,600$41,659$918,669
8$34,081$40,178$884,589
9$35,628$38,631$848,961
10$37,246$37,013$811,715
11$38,937$35,322$772,778
12$40,705$33,554$732,073
13$42,553$31,706$689,520
14$44,485$29,774$645,035
15$46,505$27,754$598,531
16$48,616$25,643$549,915
17$50,824$23,435$499,091
18$53,131$21,128$445,960
19$55,544$18,715$390,416
20$58,065$16,193$332,351
21$60,702$13,557$271,649
22$63,458$10,801$208,191
23$66,339$7,920$141,851
24$69,351$4,908$72,500
25$72,500$1,759$0

At the end of your 5-year term

Total paid over the term
$371,295
Principal paid down
$136,746
Interest paid
$234,549
Balance remaining
$982,454

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
From 5 whole-home leases in Bayview Fairway-Bayview Country Club Estates$4,588/mo
$55,056Gross annual rent
2.8%Cap rate after taxes and upkeep
$4,038 to $5,139Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Bayview Fairway-Bayview Country Club Estates signed at a median of $4,980 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,588. 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.

3.9%
Gross yield
− Property tax $8,130− Insurance $1,400− Vacancy & upkeep $6,056Net operating income $39,470

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

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