18 Tangmere Crescent, Markham, ON

Milliken Mills East, Markham · MLS® N13642852

$1,268,000
For Sale
Listed 75 days agoNo offer date statedSitting longer than typical
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◎ Directions
3+2Bedrooms
5Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Close To Pacific Mall, School, T&T Supermarket, Restaurants, Library & Park.
  • 8 Mins Drive To Highway 404.
  • Basement Separated Entrance Finished With 2 Bedrooms With Ensuite Washroom.
  • Excellent Opportunity For 1st Time Home Buyer And Investors.

Great Location!!! Close To Pacific Mall, School, T&T Supermarket, Restaurants, Library & Park. 8 Mins Drive To Highway 404. Basement Separated Entrance Finished With 2 Bedrooms With Ensuite Washroom. Great property with stable rental income. Excellent Opportunity For 1st Time Home Buyer And Investors.

Key facts

Property type
Detached, 2-Storey
MLS®
N13642852
Bedrooms
3+2 (5 total)
Bathrooms
5
Size
1500-2000 sq ft
Lot
29.92 × 110 ft
Cross streets
Kennedy/Steeles
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,000 / 2025
Days on market
75
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Living RoomGround5.49 × 3.34 m

combined w/dining · laminate · window

Primary BedroomSecond5.25 × 3.36 m

laminate · 4 pc ensuite · window

Bedroom 3Second3.35 × 2.97 m

laminate · large closet · window

Bedroom 2Second3.87 × 3.51 m

laminate · large closet · window

Dining RoomGround5.49 × 3.34 m

combined w/living · laminate · window

KitchenGround3.45 × 3.25 m

ceramic floor · double sink · breakfast area

Family RoomGround3.96 × 3.51 m

laminate · fireplace · window

BreakfastGround3.45 × 2.25 m

ceramic floor · sliding doors · w/o to yard

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Milliken Mills East, 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.

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

Affordability & Mortgage

Affordability
$5,779/mo
$236KIncome needed
5.4×Price ÷ income
$1,334Weekly cost
$21,835Land 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 $5,779Property tax $417Total carry $6,196

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)
$5,609per month

Mortgage amount $1,014,400 · 4.49% over 25 years

$253,600Down payment (20.0%)
$1,014,400Loan before insurance
$0CMHC premium
$6,025Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,609
Property tax
$417
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,025

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

One-time closing costs

Ontario land transfer tax
$21,835
Estimated closing costs
$21,835

Plus your down payment of $253,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,789/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

$668,238Total interest paid
$1,682,638Total of all payments
Principal $1,014,400 Interest $668,238
YearPrincipalInterestBalance
1$22,637$44,668$991,763
2$23,665$43,641$968,098
3$24,739$42,566$943,359
4$25,863$41,443$917,496
5$27,037$40,269$890,459
6$28,265$39,041$862,195
7$29,548$37,758$832,647
8$30,889$36,416$801,757
9$32,292$35,014$769,465
10$33,758$33,547$735,707
11$35,291$32,015$700,416
12$36,893$30,412$663,523
13$38,568$28,737$624,955
14$40,319$26,986$584,635
15$42,150$25,155$542,485
16$44,064$23,242$498,421
17$46,065$21,241$452,357
18$48,156$19,149$404,201
19$50,343$16,963$353,858
20$52,628$14,677$301,230
21$55,018$12,288$246,212
22$57,516$9,790$188,696
23$60,127$7,178$128,569
24$62,857$4,448$65,711
25$65,711$1,594$0

At the end of your 5-year term

Total paid over the term
$336,528
Principal paid down
$123,941
Interest paid
$212,587
Balance remaining
$890,459

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$3,150/mo
$37,800Gross annual rent
2.1%Cap rate after taxes and upkeep

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 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.

3.0%
Gross yield
− Property tax $5,000− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,242

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

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