34 Loweswater Avenue, Markham, ON

Unionville, Markham · MLS® N13672960

$1,888,000
For Sale
Listed 63 days agoNo offer date statedSitting longer than typical
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4+3Bedrooms
7Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Located on a quiet street in a top Unionville neighborhood, this beautiful home features over $300,000 on high-end renovations and PREMIUM upgrades including NEW...
  • Bright above-grade living space with fully updated drywall, rewired electrical, new plumbing, tankless water heater, upgraded attic insulation, and upgraded 220V (can...
  • 4 spacious bedrooms, with 3 featuring their own ensuite bathrooms, Large primary suite with a sitting area and walk-in closet.
  • Finished basement features a private separate entrance, a second kitchen, a spacious living area, three bedrooms with ensuite bathrooms and separate laundry from the...

A ONE OF A KIND lay out! Located on a quiet street in a top Unionville neighborhood, this beautiful home features over $300,000 on high-end renovations and PREMIUM upgrades including NEW roof, fence, and appliances (all 2025), AC (2023), high-efficiency furnace (2020) and custom triple-pane, super energy-saving aluminum-clad wood windows (2020). Bright above-grade living space with fully updated drywall, rewired electrical, new plumbing, tankless water heater, upgraded attic insulation, and upgraded 220V (can install EV charging). Spacious kitchen with exceptional large counter space, breakfast area and dining space with skylights. 4 spacious bedrooms, with 3 featuring their own ensuite bathrooms, Large primary suite with a sitting area and walk-in closet. A main-floor laundry room provides direct access to the garage. Finished basement features a private separate entrance, a second kitchen, a spacious living area, three bedrooms with ensuite bathrooms and separate laundry from the main floor. This location is within walking distance to top-rated schools - Unionville High School, Coledale Public School, St. Augustine, and St. Justin Martyr, and sits just minutes away from historic Main Street, Angus Glen Community Centre, golf courses, shopping, and major highways. *Seller does not warrant retrofit status of basement.

Key facts

Property type
Detached, 2-Storey
MLS®
N13672960
Bedrooms
4+3 (7 total)
Bathrooms
7 (1 half)
Size
2500-3000 sq ft
Lot
49.87 × 114.83 ft
Cross streets
Warden/16th Avenue
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,165 / 2025
Days on market
63
Listing brokerage
SUPERSTARS REALTY LTD.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.85Mlikely sale price

Listed at $1,888,000. Going by how homes in Unionville and the wider GTA have actually closed against their asking prices (about 98%, 38 local closings in 90 days), the likely sale price is near $1.85M, if it sells. A realistic range is $1.74M to $2.09M.

Independent value check: $1.71M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $1.60M and $1.79M).

Why $1.71M. The typical detached home sold in Unionville over the past year went for about $1.68M (127 sales). What sets this one apart:

  • ▲ Raises it4+3 bedrooms and 7 baths, against 4+1 and 4 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 63 days on the market against about 26 for homes like it here, and asking 11% above where comparable closings put it.

List price
$1.74MBelow recent closings$2.09MAbove recent closings

Total price vs nearby homes. Likely closing about $1.85M, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$1.68Mmedian sold price
99%of asking, on average
−3%prices vs a year ago
~18 dayshomes like this take to sell
63days on market so far
$4,705/moest. rent · 31 leases
3.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 26 detached homes for sale in the area against 38 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 $687/sqft against an area asking average of $734/sqft.

  • Separate-entrance basement apartment features. A finished 3 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Unionville basements rarely rent out (16 of 182 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. 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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.57M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($687/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Unionville, so I widened the search to the surrounding area.

Based on 38 comparable homes that sold in Unionville over the past two years, from 230 closings there.

Sold price trend

Median sold price for detached homes in Unionville: $1.70M in September 2026, down 7% from a year ago, on 126 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.76M8
November 2025$1.84M9
December 2025$1.78M9
January 2026$1.63M10
March 2026$1.68M12
April 2026$1.59M19
May 2026$1.69M9
June 2026$1.75M16
July 2026$1.73M5
August 2026$1.60M19
September 2026$1.70M10

Neighbourhood & location

Unionville, 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.

Markville
$1.00M
Berczy
$1.70M
Milliken Mills West
$1.40M
Milliken Mills East
$1.48M
Aileen-Willowbrook
$1.43M

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
$8,605/mo
$352KIncome needed
5.4×Price ÷ income
$1,986Weekly cost
$34,235Land 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 $8,605Property tax $680Total carry $9,285

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

years
years (your rate-locked period)
$8,351per month

Mortgage amount $1,510,400 · 4.49% over 25 years

$377,600Down payment (20.0%)
$1,510,400Loan before insurance
$0CMHC premium
$9,032Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,351
Property tax
$680
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,032

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

One-time closing costs

Ontario land transfer tax
$34,235
Estimated closing costs
$34,235

Plus your down payment of $377,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,108/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

$994,978Total interest paid
$2,505,378Total of all payments
Principal $1,510,400 Interest $994,978
YearPrincipalInterestBalance
1$33,706$66,509$1,476,694
2$35,236$64,979$1,441,458
3$36,836$63,379$1,404,622
4$38,508$61,707$1,366,114
5$40,257$59,958$1,325,857
6$42,085$58,130$1,283,772
7$43,996$56,220$1,239,777
8$45,993$54,222$1,193,784
9$48,081$52,134$1,145,702
10$50,264$49,951$1,095,438
11$52,547$47,668$1,042,891
12$54,932$45,283$987,959
13$57,427$42,789$930,532
14$60,034$40,181$870,498
15$62,760$37,455$807,738
16$65,609$34,606$742,129
17$68,588$31,627$673,541
18$71,702$28,513$601,838
19$74,958$25,257$526,880
20$78,361$21,854$448,519
21$81,919$18,296$366,600
22$85,639$14,576$280,961
23$89,527$10,688$191,434
24$93,592$6,623$97,842
25$97,842$2,374$0

At the end of your 5-year term

Total paid over the term
$501,076
Principal paid down
$184,543
Interest paid
$316,533
Balance remaining
$1,325,857

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 31 whole-home leases in Unionville$4,705/mo
$56,460Gross annual rent
2.2%Cap rate after taxes and upkeep
$4,469 to $4,963Typical rent range
~36 daysTo find a tenant, on average

About the suite: in Unionville basements rarely rent out (16 of 182 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 31 whole-home leases in Unionville signed at a median of $4,539 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,705. 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.

3.0%
Gross yield
− Property tax $8,165− Insurance $1,400− Vacancy & upkeep $6,211Net operating income $40,684

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

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