71 Bishop Crescent, Markham, ON
Markham Village, Markham · MLS® N13571042
About this home
Nestled on a mature tree-lined street you will find 71 Bishop. A detached corner lot home that has been recently and thoughtfully renovated throughout. Full kitchen remodel (2021) - Valence lighting, ceramic backsplash, Kitchen Aid restaurant style fridge, Samsung 5-gas burner range and stainless steel hood range, deep pot drawers with soft lock cabinets, matte black hardware, Whirlpool dishwasher, oversized Quartz counters with breakfast bar. Bathrooms (2026) - new tile floors in main/primary, new toilets and vanity, new shower in ensuite. Full basement remodel (2026) - luxury vinyl floors, bathroom, recessed lighting. Additional features of this home include, light fixtures Ecobee smart monitoring system, smart main floor light switches programmed and controlled by Alexa/Google, smooth ceilings and potlights. Whimsical back and side yard oasis - the exterior landscaping has been professionally maintained with perennials, annuals and vegetable boxes. Nice sized outdoor deck and concrete patio. Garage is wired for EV charging. 2 car garage and the driveway can park up to 4 cars. Markham Village is one of Markham's most established and desirable neighbourhoods. A unique blend of historic charm, modern conveniences, and strong sense of community. Highly regarded schools, welcoming atmosphere, and abundance of nearby amenities. Convenient access to GO Transit, York Region Transit, Highway 407, and Highway 404, making travel throughout the GTA effortless. Whether you're enjoying a stroll along historic Main Street, exploring local festivals and farmers' markets, or taking advantage of nearby shopping and dining, Markham Village offers a rare combination of heritage character, walkability, and everyday convenience that continues to make it one of Markham's most sought-after communities. Ideal for growing families looking to plant roots and live in an established neighbourhood. Welcome home.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13571042
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 29.66 × 109.3 ft
- Cross streets
- Markham Rd/16th Ave
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,583 / 2025
- Days on market
- 1
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
laminate · pot lights · large window
vinyl floor · above grade window
broadloom · overlooks backyard · closet
broadloom · 4 pc ensuite · walk-in closet(s)
laminate · pot lights · w/o to deck
vinyl floor · pot lights · 3 pc bath
broadloom · overlooks backyard · closet
laminate · pot lights · brick fireplace
laminate · pot lights · w/o to yard
Listed at $1,099,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.09M, 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 $1.11M
- Bathrooms +$15K
- Adjusts to $1.13M
That comparable adjusts to $1.13M; the $1.13M estimate above is the median of all 11 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 Markham District 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. Main St Markham North at Springdale Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.13M, median of 11 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.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 3% below the area average of $650/sqft.
3 days faster than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Markham Village, 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: Main St Markham North at Springdale Ave, about 320 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
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 $879,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,692
- Property tax
- $382
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,074
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,455
- Estimated closing costs
- $18,455
Plus your down payment of $219,800. 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
- $281,504
- Principal paid down
- $111,966
- Interest paid
- $169,538
- Balance remaining
- $767,234
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
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.