48 Elmrill Road, Markham, ON

Berczy, Markham · MLS® N13570488

$1,459,888
For Sale
Listed 95 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • POWER OF SALE: Gorgeous Single Garage Detached In Prime Berczy.
  • Close to Berczy Park, Fully Fenced, Huge Porch Area, Interlocking driveway.
  • Newly built Basement Apartment (1 Bedroom, 1 Full Washroom) with Separate Entrance, Pot Lights On The Main Floor, Gazebo, Shed & Upgraded Light Fixtures Throughout.
  • 4 Spacious Bedrooms On 2nd Floor.
  • TOP Rated Schools Area...Stonebridge PS(8.8), Castlemore Ps(8.7), Pierre Elliott Trudeau Nationally Ranked High School(8.9), All St.

POWER OF SALE: Gorgeous Single Garage Detached In Prime Berczy. Steps To Top Ranking Pierre Elliott Trudeau High School, Go Train, Banks, Supermarkets, Restaurants & Parks. Perfect Home For Your Family! Close to Berczy Park, Fully Fenced, Huge Porch Area, Interlocking driveway. Newly built Basement Apartment (1 Bedroom, 1 Full Washroom) with Separate Entrance, Pot Lights On The Main Floor, Gazebo, Shed & Upgraded Light Fixtures Throughout. High Quality B/I Cabinets. 4 Spacious Bedrooms On 2nd Floor. 3 Parking! TOP Rated Schools Area...Stonebridge PS(8.8), Castlemore Ps(8.7), Pierre Elliott Trudeau Nationally Ranked High School(8.9), All St. Catholic ES(8.2), St. Augustine(9.2)* Compare now in this area and do not miss this lovely move in bright, spacious, well laid Home.

Key facts

Property type
Detached, 2-Storey
MLS®
N13570488
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
32.84 × 104.41 ft
Cross streets
Kennedy/N. 16th Ave
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Separate Entrance, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,443 / 2025
Days on market
95
Listing brokerage
PROPERTY MAX REALTY INC.

Rooms

Living RoomBasement0.00 × 0.00 m

laminate · open concept

KitchenBasement0.00 × 0.00 m

open concept · stainless steel appl

Primary BedroomSecond3.99 × 5.49 m

hardwood floor · window · walk-in closet(s)

Bedroom 2Second3.05 × 3.35 m

hardwood floor · window · closet

Bedroom 4Second3.05 × 3.05 m

hardwood floor · window · closet

Living RoomMain4.32 × 7.13 m

pot lights · hardwood floor · window

Family RoomMain3.84 × 4.88 m

hardwood floor · window · fireplace

KitchenMain10.01 × 13.02 m

breakfast bar · open concept · stainless steel appl

Dining RoomMain4.32 × 7.13 m

open concept · hardwood floor · window

Bedroom 3Second3.05 × 3.05 m

hardwood floor · window · closet

BedroomBasement0.00 × 0.00 m

laminate · closet

LaundrySecond0.00 × 0.00 m

Ceramic Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Berczy, 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.

Devil's Elbow
$5.30M
Wismer
$1.53M
Unionville
$2.19M
Cachet
$2.30M
Raymerville
$1.68M

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
$6,654/mo
$273KIncome needed
5.3×Price ÷ income
$1,535Weekly cost
$25,673Land 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.

93%mortgage
Mortgage $6,654Property tax $537Total carry $7,191

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,458per month

Mortgage amount $1,167,910 · 4.49% over 25 years

$291,978Down payment (20.0%)
$1,167,910Loan before insurance
$0CMHC premium
$6,994Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,458
Property tax
$537
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,994

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

One-time closing costs

Ontario land transfer tax
$25,673
Estimated closing costs
$25,673

Plus your down payment of $291,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,816/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

$769,363Total interest paid
$1,937,273Total of all payments
Principal $1,167,910 Interest $769,363
YearPrincipalInterestBalance
1$26,063$51,428$1,141,848
2$27,246$50,245$1,114,601
3$28,483$49,008$1,086,118
4$29,776$47,714$1,056,342
5$31,128$46,362$1,025,213
6$32,542$44,949$992,672
7$34,019$43,472$958,652
8$35,564$41,927$923,088
9$37,179$40,312$885,910
10$38,867$38,624$847,043
11$40,631$36,859$806,411
12$42,476$35,015$763,935
13$44,405$33,086$719,530
14$46,421$31,070$673,109
15$48,529$28,962$624,580
16$50,732$26,759$573,848
17$53,036$24,455$520,813
18$55,444$22,047$465,369
19$57,961$19,530$407,408
20$60,593$16,898$346,815
21$63,344$14,147$283,472
22$66,220$11,271$217,252
23$69,226$8,264$148,025
24$72,370$5,121$75,656
25$75,656$1,835$0

At the end of your 5-year term

Total paid over the term
$387,455
Principal paid down
$142,697
Interest paid
$244,758
Balance remaining
$1,025,213

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$4,200/mo
$50,400Gross annual rent
2.5%Cap rate after taxes and upkeep

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 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.

3.5%
Gross yield
− Property tax $6,443− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,013

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

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