14 Rougecrest Drive, Markham, ON
Markham Village, Markham · MLS® N13646868
About this home
In short
- Tucked away on a quiet, tree-lined street in the heart of Markham Village, dreaming of a home filled with the charm of Stars Hollow,or a Cape Cod retreat, this French...
- The main floor features hardwood flooring throughout, one wood-burning fireplace, one gas fireplace, and a newly added Vermont wood stove, bringing warmth and...
- The primary suite includes a large 7-piece ensuite and an oversized walk-in dressing room.
- The finished basement adds a fifth bedroom and full bathroom, a second entrance and ideal for guests or extended family.
- Located less than a 10-minute walk to charming Markham Village, a five-minute drive to Markham Stouffville Hospital, and approximately 15 minutes on foot to the GO...
Tucked away on a quiet, tree-lined street in the heart of Markham Village, dreaming of a home filled with the charm of Stars Hollow,or a Cape Cod retreat, this French country-inspired board-and-batten home sits on a rare 65 x 165 ft lot, nearly a quarter acre, offering exceptional privacy from neighbouring properties. A five-car driveway provides ample parking for family and guests alike. Inside, 2,921 sq ft of living space is spread across two well-designed levels. The main floor features hardwood flooring throughout, one wood-burning fireplace, one gas fireplace, and a newly added Vermont wood stove, bringing warmth and character to the principal living spaces. The modern kitchen boasts a huge island with seating for five, plus space for a kitchen table, and opens onto a spacious living room, ideal for everyday living and entertaining. A large gas range completes the kitchen. The main floor also includes a dining room, an office, and a large laundry room. A second entrance leads to a mud room with floor-to-ceiling built-in storage. Upstairs, barn-style wood plank flooring runs through four generous bedrooms. The primary suite includes a large 7-piece ensuite and an oversized walk-in dressing room. A second full bathroom serves the remaining bedrooms. The finished basement adds a fifth bedroom and full bathroom, a second entrance and ideal for guests or extended family. Outside, the backyard is a private retreat surrounded by mature trees. A two-tier deck overlooks a small pond with a cascading waterfall, and a garden shed offers additional storage. Located less than a 10-minute walk to charming Markham Village, a five-minute drive to Markham Stouffville Hospital, and approximately 15 minutes on foot to the GO Train, or a 15- Minute walk to schools, this home offers a rare combination of privacy, character, and everyday convenience for its next owners.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13646868
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (2 half)
- Size
- 2500-3000 sq ft
- Lot
- 65.06 × 163.92 ft
- Cross streets
- Highway 7 & Markham Rd.
- Parking
- 5 parking
- Driveway
- Private
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Board & Batten
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,171 / 2025
- Days on market
- 70
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
7 pc ensuite · walk-in closet(s) · large window
broadloom · window
double closet · large window · plank
combined w/kitchen · wood stove · hardwood floor
double closet · large window · plank
open concept · fireplace · hardwood floor
large window · pot lights · hardwood floor
w/o to yard · wainscoting · hardwood floor
broadloom · window
double closet · large window · broadloom
Listed at $1,599,999. Going by how homes in Markham Village and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $1.57M, if it sells. A realistic range is $1.47M to $1.76M.
Independent value check: $1.45M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.36M and $1.52M).
Why $1.45M. The typical detached home sold in Markham Village over the past year went for about $1.26M (94 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,171 a year; the typical home sold here pays about $5,800.
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises it slightlyIts lot is 65 by 164 ft; the typical lot sold here is 56 by 112.
Longer on the market than typical. 70 days on the market against about 23 for homes like it here, and asking 10% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.57M, from 22 recent closings in this pocket.
The market behind the math:
About 1.6 months of inventory: 12 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $582/sqft against an area asking average of $590/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Markham Village: 13 of the 65 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.49M. Condition and finishes remain an in-person call.
What the listing highlights4 points 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
- Primary suite: a key comfort and resale feature. Lifestyle
- 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
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($582/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 22 comparable homes that sold in Markham Village over the past two years, from 167 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $649/sqft; this home lists at $582/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Markham Village: $1.14M in September 2026, down 7% from a year ago, on 91 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.22M | 10 |
| November 2025 | $1.38M | 11 |
| December 2025 | $1.27M | 6 |
| February 2026 | $1.38M | 7 |
| March 2026 | $1.26M | 10 |
| April 2026 | $1.25M | 9 |
| May 2026 | $1.60M | 11 |
| June 2026 | $1.08M | 9 |
| August 2026 | $1.22M | 10 |
| September 2026 | $1.14M | 8 |
Neighbourhood & location
Markham Village, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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) →
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $1,279,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,077
- Property tax
- $598
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,675
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,475
- Estimated closing costs
- $28,475
Plus your down payment of $320,000. 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
- $424,640
- Principal paid down
- $156,392
- Interest paid
- $268,248
- Balance remaining
- $1,123,607
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
The suite is real income here: basements rent in Markham Village (13 of 65 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 9 whole-home leases in Markham Village signed at a median of $3,956 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,959. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.