51 Pinecrest Street, Markham, ON

Wismer, Markham · MLS® N13648886

$1,198,000
For Sale
Listed 73 days agoOffers anytimeSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Priced to Sell, Offer Anytime.
  • Located on a quiet street, this residence features impressive soaring ceilings on the main level, including a dramatic cathedral ceiling in the living room that...

Priced to Sell, Offer Anytime. Welcome to this bright, impeccably maintained home in Markham's sought-after Wismer community. Located on a quiet street, this residence features impressive soaring ceilings on the main level, including a dramatic cathedral ceiling in the living room that floods the space with natural light. Situated within the boundaries of top-ranked schools-Bur Oak Secondary School, San Lorenzo Ruiz Catholic Elementary School, and Fred Varley Public School-and just minutes from local shops, restaurants, and the Mount Joy GO Station.

Key facts

Property type
Detached, 2-Storey
MLS®
N13648886
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
36.09 × 84.48 ft
Cross streets
McCowan Rd / Bur Oak Ave
Parking
1 garage · 2 parking (attached)
Basement
Unfinished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,874 / 2025
Days on market
73
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

BreakfastMain2.28 × 3.20 m

w/o to yard · ceramic floor · east view

KitchenMain2.13 × 3.20 m

ceramic floor · ceramic backsplash · window

Dining RoomMain3.51 × 3.81 m

window · overlooks living · hardwood floor

Primary BedroomSecond5.30 × 3.35 m

walk-in closet(s) · 4 pc ensuite · broadloom

Family RoomMain3.96 × 3.20 m

gas fireplace · track lighting · hardwood floor

Living RoomMain3.35 × 3.90 m

cathedral ceiling(s) · open concept · hardwood floor

Bedroom 2Second2.74 × 3.35 m

closet · west view

Bedroom 3Second3.05 × 3.20 m

closet · west view

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Wismer · asking prices
$1.43Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $637/sqft; this home lists at $685/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.20MThis home1.37M1.47M1.29M1.50M1.54MThis home vs active comparables

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.

Raymerville
$1.68M
Berczy
$1.61M
Bullock
$1.10M
Greensborough
$1.16M
Markham Village
$1.37M

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
$5,460/mo
$224KIncome needed
5.4×Price ÷ income
$1,260Weekly cost
$20,435Land 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 $5,460Property tax $406Total carry $5,866

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)
$5,299per month

Mortgage amount $958,400 · 4.49% over 25 years

$239,600Down payment (20.0%)
$958,400Loan before insurance
$0CMHC premium
$5,705Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,299
Property tax
$406
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,705

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

One-time closing costs

Ontario land transfer tax
$20,435
Estimated closing costs
$20,435

Plus your down payment of $239,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,414/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

$631,347Total interest paid
$1,589,747Total of all payments
Principal $958,400 Interest $631,347
YearPrincipalInterestBalance
1$21,387$42,202$937,013
2$22,358$41,231$914,654
3$23,374$40,216$891,280
4$24,435$39,155$866,846
5$25,544$38,046$841,301
6$26,704$36,886$814,597
7$27,917$35,673$786,680
8$29,184$34,406$757,496
9$30,509$33,081$726,987
10$31,894$31,695$695,093
11$33,343$30,247$661,750
12$34,857$28,733$626,893
13$36,439$27,151$590,454
14$38,094$25,496$552,361
15$39,823$23,767$512,537
16$41,631$21,959$470,906
17$43,522$20,068$427,384
18$45,498$18,092$381,887
19$47,563$16,026$334,323
20$49,723$13,867$284,600
21$51,981$11,609$232,620
22$54,341$9,249$178,279
23$56,808$6,782$121,471
24$59,387$4,203$62,084
25$62,084$1,506$0

At the end of your 5-year term

Total paid over the term
$317,949
Principal paid down
$117,099
Interest paid
$200,851
Balance remaining
$841,301

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
2.3%Cap rate after taxes and upkeep

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.

3.2%
Gross yield
− Property tax $4,874− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,368

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

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