20 Pineforest Place, Markham, ON

Wismer, Markham · MLS® N13645424

$1,290,000
For Sale
Listed 70 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Welcome to this beautifully upgraded newer detached home offering nearly 3,000 sq. ft. of elegant living space in one of Markham's most desirable family communities.
  • The bright, thoughtfully designed interior showcases 9' ceilings, a main floor library, hardwood flooring, crown moulding, pot lights, and an elegant oak staircase.
  • The gourmet kitchen features extended maple cabinetry, quartz countertops, a matching backsplash, stainless steel appliances, and abundant storage, making it ideal...
  • Steps to parks, playgrounds, public transit and walking trails, with quick access to Hwy 404, shopping, restaurants, community centre, golf courses and all everyday...
  • Please see 3D virtual tour for details.

Welcome to this beautifully upgraded newer detached home offering nearly 3,000 sq. ft. of elegant living space in one of Markham's most desirable family communities. Featuring a timeless brick & stone exterior, covered front porch, and impressive double wrought iron entry doors, this home blends luxury, comfort, and functionality.The bright, thoughtfully designed interior showcases 9' ceilings, a main floor library, hardwood flooring, crown moulding, pot lights, and an elegant oak staircase. The gourmet kitchen features extended maple cabinetry, quartz countertops, a matching backsplash, stainless steel appliances, and abundant storage, making it ideal for both everyday living and entertaining. Upstairs offers spacious bedrooms and three upgraded bathrooms, all finished with luxury quartz vanity tops.Ideally situated within the highly sought-after Bur Oak Secondary School and John McCrae Public School boundaries. Steps to parks, playgrounds, public transit and walking trails, with quick access to Hwy 404, shopping, restaurants, community centre, golf courses and all everyday amenities. A truly move-in-ready family home in an exceptional Markham location. Please see 3D virtual tour for details!

Key facts

Property type
Detached, 2-Storey
MLS®
N13645424
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
40.03 × 105 ft
Cross streets
Mccowan / Major Mackenzie
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Brick
Roof
Other
Sewer
Sewer
Property tax
$7,528 / 2025
Days on market
70
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

BreakfastMain5.46 × 4.26 m

eat-in kitchen · w/o to yard · ceramic floor

LibraryMain3.66 × 2.75 m

large window · hardwood floor

Living RoomMain6.10 × 3.45 m

combined w/dining · crown moulding · hardwood floor

Bedroom 2Second4.16 × 3.50 m

4 pc ensuite · window · broadloom

Family RoomMain5.18 × 3.38 m

gas fireplace · large window · hardwood floor

Primary BedroomSecond5.78 × 4.26 m

5 pc ensuite · window · broadloom

Bedroom 4Second3.42 × 3.42 m

closet · window · broadloom

SittingSecond0.00 × 0.00 m

large window · broadloom

KitchenMain5.46 × 4.26 m

granite counters · backsplash · ceramic floor

Dining RoomMain6.10 × 3.45 m

combined w/living · pot lights · hardwood floor

Bedroom 3Second3.42 × 3.42 m

closet · window · broadloom

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.29Mlikely sale price

Listed at $1,290,000. Going by how homes in Wismer and the wider GTA have actually closed against their asking prices (about 100%, 18 local closings in 90 days), the likely sale price is near $1.29M, if it sells. A realistic range is $1.21M to $1.46M.

Independent value check: $1.60M. Without looking at the asking price, our model values the home itself about 24% above the ask (homes like it typically land between $1.50M and $1.68M).

Why $1.60M. The typical detached home sold in Wismer over the past year went for about $1.56M (75 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,528 a year; the typical home sold here pays about $6,800.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$1.21MBelow recent closings$1.46MAbove recent closings

Total price vs nearby homes. Likely closing about $1.29M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.34Mmedian sold price
104%of asking, on average
−17%prices vs a year ago
~17 dayshomes like this take to sell
70days on market so far
$3,879/moest. rent · 53 leases
3.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.2 months of inventory: 19 detached homes for sale in the area against 18 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 $469/sqft against an area asking average of $584/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.78M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 18 comparable homes that sold in Wismer over the past two years, from 149 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

Wismer, 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.

Berczy
$1.70M
Greensborough
$1.20M
Angus Glen
$1.66M
Markville
$1.00M
Rural Markham
$2.75M

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
$5,879/mo
$248KIncome needed
5.2×Price ÷ income
$1,357Weekly cost
$22,275Land 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 $5,879Property tax $627Total carry $6,507

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,706per month

Mortgage amount $1,032,000 · 4.49% over 25 years

$258,000Down payment (20.0%)
$1,032,000Loan before insurance
$0CMHC premium
$6,333Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,706
Property tax
$627
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,333

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

One-time closing costs

Ontario land transfer tax
$22,275
Estimated closing costs
$22,275

Plus your down payment of $258,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,906/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

$679,832Total interest paid
$1,711,832Total of all payments
Principal $1,032,000 Interest $679,832
YearPrincipalInterestBalance
1$23,030$45,443$1,008,970
2$24,075$44,398$984,895
3$25,169$43,305$959,726
4$26,311$42,162$933,415
5$27,506$40,967$905,909
6$28,755$39,718$877,154
7$30,060$38,413$847,093
8$31,425$37,048$815,668
9$32,852$35,621$782,816
10$34,344$34,129$748,472
11$35,903$32,570$712,569
12$37,533$30,940$675,035
13$39,237$29,236$635,798
14$41,019$27,454$594,779
15$42,881$25,592$551,898
16$44,828$23,645$507,069
17$46,864$21,609$460,205
18$48,992$19,482$411,214
19$51,216$17,257$359,998
20$53,541$14,932$306,456
21$55,972$12,501$250,484
22$58,514$9,959$191,970
23$61,171$7,303$130,799
24$63,948$4,525$66,851
25$66,851$1,622$0

At the end of your 5-year term

Total paid over the term
$342,366
Principal paid down
$126,091
Interest paid
$216,275
Balance remaining
$905,909

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 53 whole-home leases in Wismer$3,879/mo
$46,548Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,685 to $4,086Typical rent range
~15 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 53 whole-home leases in Wismer signed at a median of $3,787 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,879. 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.

3.6%
Gross yield
− Property tax $7,528− Insurance $1,400− Vacancy & upkeep $5,120Net operating income $32,500

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

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