42 Delray Drive, Markham, ON
Greensborough, Markham · MLS® N13579738
About this home
Welcome to 42 Delray Dr., one of the largest detached homes in Markham's highly sought-after Greensborough community, now offering an incredible 5+2 bedroom, 5-bathroom layout. This spectacular residence welcomes you with a grand double door entrance and a spacious foyer leading into an airy main floor with 9ft ceilings and elegant hardwood flooring. The main level features a private home office, separate living and dining rooms, and a cozy family room anchored by a warm fireplace. The upgraded kitchen is a chef's delight, offering modern finishes, excellent storage, and a generous breakfast area that flows beautifully into the family room. Upstairs, the sprawling primary suit serves as a true sanctuary. The second bedroom features its own private ensuite bath, while a third full bathroom serves the remaining spacious bedrooms, including a unique third bedroom with its own private balcony. The incredible living space extends down to a professionally finished basement, which boasts a large recreation area, a full washroom, and two additional bedrooms. ideal formulti-generational living, guests. Outside, enjoy a private, fully fenced backyard. Superbly located just minutes from the Mount Joy GO Station, scenic parks, and zoned for the top-ranking Bur Oak Secondary School. This is a rare, turn-key opportunity in a premium neighborhood.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13579738
- Bedrooms
- 7 (5 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500
- Lot
- 45 × 105 ft
- Cross streets
- Markham Rd & Major Mackenzie
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,814 / 2026
- Listing brokerage
- ROYAL LEPAGE FLOWER CITY REALTY
Rooms
east view · hardwood floor
5 pc ensuite · walk-in closet(s) · hardwood floor
combined w/dining · hardwood floor
large window · hardwood floor · east view
balcony · east view · hardwood floor
4 pc ensuite · hardwood floor
fireplace · hardwood floor · open concept
granite counters · tile floor · stainless steel appl
combined w/kitchen · tile floor · open concept
east view · hardwood floor
combined w/living · hardwood floor
Listed at $1,769,000, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Greensborough, so I widened the search to the surrounding area.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.67M, 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 $2.58M
- Adjusts to $2.58M
That comparable adjusts to $2.58M; the $2.13M estimate above is the median of all 12 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 Greensborough PS, 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. Bur Oak Av / Greensborough Village is about a 5-minute walk away.
Total price vs nearby homes. Fair value about $2.13M, median of 12 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- 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 8 active listings nearby.
See all comparable homesThis home lists 8% below the area average of $592/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Greensborough, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Bur Oak Av / Greensborough Village, about 419 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 $1,415,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,552
- Property tax
- $651
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,203
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,855
- Estimated closing costs
- $31,855
Plus your down payment of $353,800. 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
- $453,122
- Principal paid down
- $180,226
- Interest paid
- $272,896
- Balance remaining
- $1,234,974
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 ROYAL LEPAGE FLOWER CITY REALTY. MLS®/PropTx.