17 Black Cherry Drive, Markham, ON

Raymerville, Markham · MLS® N13575558

$1,649,000
For Sale
Just listed today
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5Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Welcome to this exceptional upgraded 4 bedroom original owner family home in the highly sought-after Raymerville community. At the heart of the home is a custom-designed eat-in green house kitchen featuring a centre island, quality finishes, and a picturesque view overlooking the private backyard pool oasis-creating the perfect setting for family meals and effortless entertaining. Step outside to your own south facing resort-style retreat, complete with an inviting in-ground pool and attached spa, surrounded by beautifully landscaped gardens for the ultimate in privacy and relaxation. Inside, the home showcases hardwood flooring throughout the main and second levels, elegant crown moulding, and California shutters that add warmth and sophistication to every room. The spacious layout offers generous principal rooms and a seamless flow, ideal for modern family living. The professionally finished basement is an entertainer's dream, complete with custom built-in cabinets with TV, wainscoting, gas fireplace, wet bar, and a premium surround sound system, providing the perfect space for movie nights, games, or family gatherings. Additional premium features include a security system, and quality finishes throughout, reflecting the pride of ownership evident in every detail. This meticulously maintained home offers the perfect combination of luxury, comfort, and convenience and the ideal location close to sought after schools, malls, shopping, restaurants and hospital. A rare opportunity not to be missed!

Key facts

Property type
Detached, 2-Storey
MLS®
N13575558
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
50 × 104.99 ft
Cross streets
Raymerville Dr and McCowan Rd
Parking
2 garage · 4 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,338 / 2026
Listing brokerage
HOMELIFE EXCELSIOR REALTY INC.

Rooms

RecreationBasement8.29 × 5.77 m

gas fireplace · wet bar · broadloom

KitchenGround5.88 × 3.94 m

eat-in kitchen · centre island · granite counters

Family RoomGround5.85 × 3.35 m

hardwood floor · fireplace · california shutters

Primary BedroomSecond5.55 × 3.50 m

hardwood floor · 4 pc ensuite · california shutters

Dining RoomGround4.74 × 3.45 m

hardwood floor · crown moulding · california shutters

Bedroom 2Second3.62 × 3.32 m

hardwood floor · california shutters · crown moulding

Living RoomGround5.48 × 3.44 m

hardwood floor · crown moulding · california shutters

Bedroom 4Second3.49 × 3.31 m

hardwood floor · california shutters · crown moulding

BedroomBasement7.30 × 3.34 m

broadloom · pot lights

Bedroom 3Second4.00 × 3.30 m

hardwood floor · california shutters · crown moulding

Moe’s TakeTeam Asgarian · Broker
In line
$1.63Mest. value

Listed at $1,649,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Raymerville, so I widened the search to the surrounding area.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.47M, 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 $2.20M
  • Bedrooms −$30K
  • Adjusts to $2.17M

That comparable adjusts to $2.17M; the $1.63M estimate above is the median of all 8 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 Markville SS, 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Raymerville Dr / Graham Cres is about a 2-minute walk away.

List price
$1.58MGreat deal$2.13MOverpriced

Total price vs nearby homes. Fair value about $1.63M, median of 8 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.74Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

19 Tomlinson Circle$1.59M17 Coral Cove Court$1.60M349 Williamson Road$1.29M280 Henderson Avenue$2.10M35 Sir Constantine Drive$2.13M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.65MThis home1.59M1.60M1.29M2.10M2.13MThis home vs active comparables
Live market pulseActive comparables in Raymerville · median list $1.45M
$600this home / sqft
6active listings nearby

This home lists 5% below the area average of $631/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Raymerville, 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.

Getting around

60/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Raymerville Dr / Graham Cres, about 122 m away

20+ transit stops2 grocery20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Markham Village
$1.16M
Berczy
$1.35M
Greensborough
$1.40M
Middlefield
$1.06M
Cornell
$1.35M

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ramer Wood PS
78%
Ramer Wood PSPublic · Elementary · JK-8 · 0.4 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$7,516/mo
$305KIncome needed
5.4×Price ÷ income
$1,734Weekly cost
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 $7,516Property tax $528Total carry $8,044

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,040per month

Mortgage amount $1,319,200 · 4.14% over 25 years

$329,800Down payment (20.0%)
$1,319,200Loan before insurance
$0CMHC premium
$7,568Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,040
Property tax
$528
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,568

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

One-time closing costs

Ontario land transfer tax
$29,455
Estimated closing costs
$29,455

Plus your down payment of $329,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,550/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

$792,722Total interest paid
$2,111,922Total of all payments
Principal $1,319,200 Interest $792,722
YearPrincipalInterestBalance
1$30,904$53,573$1,288,296
2$32,197$52,280$1,256,099
3$33,544$50,933$1,222,555
4$34,947$49,530$1,187,608
5$36,409$48,068$1,151,200
6$37,932$46,545$1,113,268
7$39,518$44,959$1,073,750
8$41,171$43,306$1,032,579
9$42,893$41,584$989,686
10$44,687$39,789$944,998
11$46,557$37,920$898,442
12$48,504$35,973$849,938
13$50,533$33,944$799,405
14$52,647$31,830$746,758
15$54,849$29,628$691,910
16$57,143$27,334$634,767
17$59,533$24,944$575,234
18$62,023$22,454$513,210
19$64,618$19,859$448,593
20$67,320$17,156$381,272
21$70,136$14,340$311,136
22$73,070$11,407$238,066
23$76,127$8,350$161,939
24$79,311$5,166$82,628
25$82,628$1,849$0

At the end of your 5-year term

Total paid over the term
$422,384
Principal paid down
$168,000
Interest paid
$254,384
Balance remaining
$1,151,200

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$5,250/mo
$63,000Gross annual rent
2.9%Est. cap rate

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.

3.8%
Gross yield
− Property tax $6,338− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $48,332

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

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