7 Cummings Court, Markham, ON

Thornlea, Markham · MLS® N13593302

$1,699,000
For Sale
Listed 89 days agoNo offer date statedSitting longer than typical
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4+3Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Valleyview Living at Its Finest.
  • The finished basement adds remarkable versatility with additional bedrooms and a 3-piece bathroom, making it an ideal nanny or in-law suite, perfect for extended...
  • Enjoy unparalleled convenience just minutes from Highways 404 and 407, parks, shopping, grocery stores, restaurants, and all essential amenities.

Valleyview Living at Its Finest! Nestled on a quiet, family-friendly street in the prestigious Thornlea community, this exceptional home offers a rare blend of privacy, sophistication, and everyday functionality. Bright and welcoming principal rooms provide comfortable living and dining spaces, perfect for both everyday living and entertaining. Step outside to a fully fenced backyard featuring an interlocking patio, ideal for summer gatherings, outdoor dining, and relaxation.Generously sized bedrooms offer exceptional space and comfort for growing families. The finished basement adds remarkable versatility with additional bedrooms and a 3-piece bathroom, making it an ideal nanny or in-law suite, perfect for extended family living, guests, or recreation. A spacious driveway leads to a large double-car garage with automatic door opener, providing ample parking and convenience.Located in one of Markham's most sought-after neighborhoods, this home is within walking distance to St. Robert Catholic High School, consistently recognized as one of Ontario's top-ranked secondary schools, and is situated within the highly regarded school districts for Bayview Fairways Public School and Thornlea Secondary School. Enjoy unparalleled convenience just minutes from Highways 404 and 407, parks, shopping, grocery stores, restaurants, and all essential amenities. An exceptional opportunity to own a beautiful family home in a premier location.

Key facts

Property type
Detached, 2-Storey
MLS®
N13593302
Bedrooms
4+3 (7 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
15.03 × 33.39 ft
Cross streets
Leslie/Lyndhurst
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,500 / 2026
Days on market
89
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Living RoomGround5.15 × 3.50 m

hardwood floor · bow window · combined w/dining

DenGround3.36 × 2.90 m

hardwood floor · window

Family RoomGround5.25 × 3.28 m

hardwood floor · brick fireplace

Bedroom 3Second5.00 × 4.48 m

hardwood floor · 3 pc ensuite · double closet

Dining RoomGround3.90 × 3.50 m

hardwood floor · crown moulding · combined w/living

Primary BedroomSecond6.45 × 4.47 m

hardwood floor · 4 pc ensuite · combined w/sitting

Bedroom 4Second4.50 × 4.48 m

hardwood floor · 4 pc bath · double closet

Bedroom 2Second4.75 × 3.70 m

hardwood floor · 4 pc bath · double closet

KitchenGround6.60 × 3.20 m

ceramic floor · b/i appliances · w/o to sundeck

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.65Mlikely sale price

Listed at $1,699,000. Going by how homes in Thornlea and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $1.65M, if it sells. A realistic range is $1.55M to $1.86M.

Independent value check: $1.53M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $1.43M and $1.60M).

Why $1.53M. The typical detached home sold in Thornlea over the past year went for about $1.58M (32 sales). What sets this one apart:

  • ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $7,500 a year; the typical home sold here pays about $7,900.
  • ▲ Raises it slightly4+3 bedrooms and 5 baths, against 4+1 and 4 typically.
  • ▼ Lowers it slightlyIts lot is 15 by 33 ft; the typical lot sold here is 49 by 115.

Longer on the market than typical. 89 days on the market against about 20 for homes like it here, and asking 11% above where comparable closings put it.

List price
$1.55MBelow recent closings$1.86MAbove recent closings

Total price vs nearby homes. Likely closing about $1.65M, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$1.58Mmedian sold price
100%of asking, on average
−3%prices vs a year ago
~20 dayshomes like this take to sell
89days on market so far
$5,262/moest. rent · 7 leases
3.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 7 detached homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $523/sqft against an area asking average of $676/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.63M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($523/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 6 comparable homes that sold in Thornlea over the past two years, from 52 closings there.

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Thornlea, 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.

Nearby neighbourhoods

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

Aileen-Willowbrook
$1.47M
Royal Orchard
$2.77M
Grandview
$1.42M
Unionville
$2.19M
Cachet
$2.30M

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
$7,743/mo
$318KIncome needed
5.4×Price ÷ income
$1,787Weekly cost
$30,455Land 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.

93%mortgage
Mortgage $7,743Property tax $625Total carry $8,368

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.

4.49%
%
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)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,140Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Property tax
$625
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,140

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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
From 7 whole-home leases in Thornlea$5,262/mo
$63,144Gross annual rent
2.8%Cap rate after taxes and upkeep
$4,841 to $5,683Typical rent range
~22 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 7 whole-home leases in Thornlea signed at a median of $4,597 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,262. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.7%
Gross yield
− Property tax $7,500− Insurance $1,400− Vacancy & upkeep $6,946Net operating income $47,298

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

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