31 Cavalry Trail, Markham, ON
Buttonville, Markham · MLS® N13577410
About this home
Location! Location! Location! This is a detached house with a double garage that underwent a comprehensive renovation last year, situated in the highly sought-after Markham community. The house features an open-concept layout, offering spacious and well-lit rooms. There are a total of four bedrooms located on the second floor, along with a basement apartment with a separate entrance. The property is equipped with chandeliers, 2 year old flooring, staircases, a modern kitchen, and contemporary bathrooms. The wooden staircase with iron railings adds a touch of luxury. Entering through the double garage leads to the basement/laundry room, which further connects to the backyard. There is a wooden patio and a stone driveway. There is no sidewalk, and four cars can be parked on the townhouse driveway. It is just a few minutes' drive from top-tier schools, including St. Justin Martyr School, Buttonville Public School, Unionville High School, and St. Augustine High School. Minutes To Top Ranked Schools - St Justin Martyr, Buttonville Elementary Schools, Unionville High, St Augustine High. Walk To T&T supermarket, King Sq Mall. Minutes To 404/407. , Costco, First Markham Place, Restaurants, Shopping, Public Transportation, Trails And Much More . EV Power outlet in Garage.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13577410
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 45.15 × 110.02 ft
- Cross streets
- Woodbine/16th
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,825 / 2025
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
5 pc ensuite · walk-in closet(s) · large window
ceramic floor · open concept · pot lights
ceramic floor · breakfast area · pot lights
large closet · large window · hardwood floor
large closet · large window · hardwood floor
pot lights · large window · open concept
stone counters · stainless steel appl · w/o to deck
pot lights · large window · hardwood floor
above grade window · l-shaped room
ceramic floor · above grade window · pot lights
pot lights · large window · fireplace
large closet · large window · hardwood floor
Listed at $1,688,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Buttonville, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.65M, a bit lower.
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 $1.59M
- Bedrooms +$30K
- Adjusts to $1.62M
That comparable adjusts to $1.62M; the $1.86M estimate above is the median of all 5 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 Unionville 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. 16th Av / Rodick Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.86M, median of 5 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesPrice per square foot vs the area average.
Neighbourhood & location
Buttonville, 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: 16th Av / Rodick Rd, about 175 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,350,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,206
- Property tax
- $652
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,858
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,235
- Estimated closing costs
- $30,235
Plus your down payment of $337,600. 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
- $432,374
- Principal paid down
- $171,974
- Interest paid
- $260,400
- Balance remaining
- $1,178,426
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
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 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 BAY STREET GROUP INC.. MLS®/PropTx.