98 Chloe Crescent, Markham, ON
Middlefield, Markham · MLS® N13569132
About this home
In short
- A Rare Masterpiece of Design, Comfort, and Financial Opportunity.
- The 2 nd floor offers four bright bedrooms, providing ample space for a growing family or a dedicated home office.
- THE BACKYARD RETREAT (Your Year-Round Oasis) Step through the back door and enter your private sanctuary.
A Rare Masterpiece of Design, Comfort, and Financial Opportunity! Step up to a home that truly stands out on the street. The front of the property features a custom-designed Arched Concrete Driveway, a premium architectural upgrade that offers both a sophisticated look and lasting durability. This isn't just a driveway and install exterior lighting all around the house enhanced brightness, safety and overall appearance of the property. It's a statement of quality that welcomes you home every single day. THE MAIN LIVING SPACE Inside, you will find a home that has been loved and meticulously maintained. The heart of the house features a well-maintained kitchen with plenty of space for family meals. The 2 nd floor offers four bright bedrooms, providing ample space for a growing family or a dedicated home office. THE BACKYARD RETREAT (Your Year-Round Oasis) Step through the back door and enter your private sanctuary. The backyard has been professionally designed for maximum enjoyment. Relax under the large Gazebo, strategically placed right beside the back door for easy access. It features a custom Arched Bench and a unique design that allows you to enjoy the outdoors during the beautiful summer months or even stay sheltered during the winter. It is the perfect spot for morning coffee or evening relaxation. THE INCOME ADVANTAGE (The Lower Level) The lower level offers incredible versatility and a major financial boost. This surprisingly painted basement is bright and inviting, featuring two additional bedrooms and modern, nice washrooms. With its own Separate Side Entrance, this space is perfectly set up as a high- quality rental suite. In this high-demand neighbourhood, this layout makes it exceptionally easy to rent out, providing you with significant extra income to help pay your mortgage! Don't miss this incredible opportunity to own a home that offers a luxury lifestyle and a smart investment all in one. Schedule your private tour today
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13569132
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 4
- Size
- 2000-2500 sq ft
- Lot
- 33.02 × 111.55 ft
- Cross streets
- Middlefield & Denison
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Holding Tank
- Property tax
- $4,922 / 2025
- Days on market
- 66
- Listing brokerage
- ROYAL LEPAGE IGNITE REALTY
Rooms
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Listed at $1,349,000. Recent sales of homes like it put this one around $1.14M, so the ask is about 18% above what similar homes have sold for.
If it sells at this ask, expect about $1.37M, typically $1.28M to $1.42M: that is where homes here have closed against their asks in the last 90 days (14 closings).
The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).
Longer on the market than typical. 66 days on the market against about 18 for homes like it here, and asking 18% above where comparable closings put it.
Total price vs nearby homes. Fair value about $1.14M, learned from recent GTA sales.
The market behind the math:
About 1.3 months of inventory: 6 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $600/sqft against an area asking average of $535/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Middlefield: 61 of the 163 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
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 73 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.04M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Armadale PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 73 comparable homes that sold in Middlefield over the past two years, from 111 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $551/sqft; this home lists at $600/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Middlefield, 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 $1,079,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,907
- Property tax
- $410
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,317
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,455
- Estimated closing costs
- $23,455
Plus your down payment of $269,800. 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
- $354,436
- Principal paid down
- $133,435
- Interest paid
- $221,001
- Balance remaining
- $945,765
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
The suite is real income here: basements rent in Middlefield (61 of 163 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 29 whole-home leases in Middlefield signed at a median of $3,456 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,727. 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 ROYAL LEPAGE IGNITE REALTY. MLS®/PropTx.