7 Schmidt Lane, Markham, ON

Angus Glen, Markham · MLS® N13578570

$869,000
For Sale
Listed 94 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Experience modern living in this beautifully upgraded three-bedroom townhome located in Markham's prestigious Angus Glen neighbourhood.
  • Designed with comfort and functionality in mind, the home offers a bright, airy interior with soaring 9-foot ceilings and an inviting open-concept main level.
  • A spacious extended garage offers excellent storage or workspace potential and is equipped with a builder-installed EV charger.
  • POTL fee of $129.78 per month includes lawn maintenance and snow removal.

Experience modern living in this beautifully upgraded three-bedroom townhome located in Markham's prestigious Angus Glen neighbourhood. Designed with comfort and functionality in mind, the home offers a bright, airy interior with soaring 9-foot ceilings and an inviting open-concept main level. The stylish kitchen is appointed with granite countertops, full-height cabinetry and stainless steel appliances, flowing effortlessly into the living and dining areas. The primary bedroom features a private balcony, while the expansive rooftop terrace provides an exceptional outdoor retreat for dining, entertaining or enjoying quiet evenings under the stars. A spacious extended garage offers excellent storage or workspace potential and is equipped with a builder-installed EV charger. Surrounded by parks, golf courses, schools, shopping, transit, community facilities and everyday conveniences. POTL fee of $129.78 per month includes lawn maintenance and snow removal.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13578570
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
19.69 × 46.1 ft
Cross streets
Kennedy/16th
Parking
1 garage · 2 parking (attached)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle, Unknown
Sewer
Sewer
Property tax
$5,301 / 2025
Days on market
94
Listing brokerage
BAY STREET GROUP INC.
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

Angus Glen, Markham, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Berczy
$935K
Unionville
$1.40M
Wismer
$1.00M
Village Green-South Unionville
$995K
Cathedraltown
$1.07M

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
$3,961/mo
$169KIncome needed
5.1×Price ÷ income
$914Weekly cost
$13,855Land 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.

90%mortgage
Mortgage $3,961Property tax $442Total carry $4,402

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,844per month

Mortgage amount $695,200 · 4.49% over 25 years

$173,800Down payment (20.0%)
$695,200Loan before insurance
$0CMHC premium
$4,286Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,844
Property tax
$442
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,286

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

One-time closing costs

Ontario land transfer tax
$13,855
Estimated closing costs
$13,855

Plus your down payment of $173,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,652/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

$457,964Total interest paid
$1,153,164Total of all payments
Principal $695,200 Interest $457,964
YearPrincipalInterestBalance
1$15,514$30,613$679,686
2$16,218$29,908$663,468
3$16,955$29,172$646,513
4$17,724$28,402$628,789
5$18,529$27,597$610,259
6$19,371$26,756$590,889
7$20,250$25,877$570,639
8$21,169$24,957$549,469
9$22,131$23,996$527,339
10$23,135$22,991$504,203
11$24,186$21,941$480,017
12$25,284$20,842$454,733
13$26,432$19,695$428,301
14$27,632$18,494$400,669
15$28,887$17,240$371,782
16$30,198$15,928$341,584
17$31,569$14,557$310,014
18$33,003$13,124$277,011
19$34,501$11,625$242,510
20$36,068$10,059$206,442
21$37,705$8,421$168,737
22$39,417$6,709$129,319
23$41,207$4,919$88,112
24$43,078$3,048$45,034
25$45,034$1,093$0

At the end of your 5-year term

Total paid over the term
$230,633
Principal paid down
$84,941
Interest paid
$145,692
Balance remaining
$610,259

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$2,300/mo
$27,600Gross annual rent
2.1%Cap rate after taxes and upkeep

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.

3.2%
Gross yield
− Property tax $5,301− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,863

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

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