52 Liam Lane, Markham, ON

Cedarwood, Markham · MLS® N13674856

$1,169,999
For Sale
Listed 66 days agoNo offer date stated
Request a showing
◎ Directions
4Bedrooms
5Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • This exceptionally stunning 4 bed and 4 bath 2 storey semi-detached home on an amazing Ravine Lot, It is perfect for those seeking luxury and comfort.
  • The open concept main floor has 9-foot ceiling, walk to the yard , Elegant oak stairs with iron pickets enhance the home's sophisticated design.
  • A separate entrance to the basement . you can design it the way you want it.
  • Close To Transit, 407, Costco, Home Depot, Parks, Shops, Restaurants and So Much More.

This exceptionally stunning 4 bed and 4 bath 2 storey semi-detached home on an amazing Ravine Lot, It is perfect for those seeking luxury and comfort. This bright home provides ample space for the entire family. The upgraded modern chef inspired kitchen is complete with stainless steel appliances and quartz countertops . The open concept main floor has 9-foot ceiling, walk to the yard , Elegant oak stairs with iron pickets enhance the home's sophisticated design. A separate entrance to the basement . you can design it the way you want it! Surrounded By Top-Rated York Region Schools. Close To Transit, 407, Costco, Home Depot, Parks, Shops, Restaurants and So Much More!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13674856
Bedrooms
4
Bathrooms
5 (1 half)
Size
1500-2000 sq ft
Lot
24.61 × 91.86 ft
Cross streets
Markham Rd/Denison
Parking
1 garage · 2 parking (attached)
Basement
Separate Entrance, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,176 / 2026
Days on market
66
Listing brokerage
AIMHOME REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.13Mlikely sale price

Listed at $1,169,999. Going by how homes in Cedarwood and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $1.13M, if it sells. A realistic range is $1.06M to $1.28M.

Independent value check: $1.02M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $959K and $1.07M).

List price
$1.06MBelow recent closings$1.28MAbove recent closings

Total price vs nearby homes. Likely closing about $1.13M, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$920Kmedian sold price
95%of asking, on average
−13%prices vs a year ago
~42 dayshomes like this take to sell
66days on market so far
$3,454/moest. rent · 5 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 5 semi-detached homes for sale in the area against 6 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 $669/sqft against an area asking average of $461/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $951K. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Open-concept layout: modern, sought-after flow. 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

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

Based on 6 comparable homes that sold in Cedarwood over the past two years, from 31 closings there.

What sellers nearby are askingCurrently listed nearby in Cedarwood · asking prices
$973kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.02M, which is where my estimate comes from.

Per square foot, these ask about $463/sqft; this home lists at $669/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.17MThis home1.15M900k899k945kThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Markham: $1.00M in September 2026, down 5% from a year ago, on 173 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$1.05M19
November 2025$1.06M14
December 2025$1.04M7
January 2026$1.04M8
February 2026$1.06M5
March 2026$1.04M11
April 2026$1.08M16
May 2026$1.06M19
June 2026$1.04M22
July 2026$1.02M17
August 2026$945K15
September 2026$1.00M20

Neighbourhood & location

Cedarwood, 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.

Bullock
$934K
Village Green-South Unionville
$982K
Cornell
$987K
Wismer
$1.12M

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
$5,332/mo
$220KIncome needed
5.3×Price ÷ income
$1,231Weekly cost
$19,875Land 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 $5,332Property tax $431Total carry $5,764

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,175per month

Mortgage amount $935,999 · 4.49% over 25 years

$234,000Down payment (20.0%)
$935,999Loan before insurance
$0CMHC premium
$5,607Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,175
Property tax
$431
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,607

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

One-time closing costs

Ontario land transfer tax
$19,875
Estimated closing costs
$19,875

Plus your down payment of $234,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,264/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

$616,591Total interest paid
$1,552,590Total of all payments
Principal $935,999 Interest $616,591
YearPrincipalInterestBalance
1$20,888$41,216$915,112
2$21,836$40,268$893,276
3$22,827$39,276$870,448
4$23,864$38,240$846,585
5$24,947$37,156$821,637
6$26,080$36,024$795,557
7$27,264$34,839$768,293
8$28,502$33,602$739,791
9$29,796$32,307$709,995
10$31,149$30,955$678,846
11$32,563$29,540$646,283
12$34,042$28,062$612,241
13$35,587$26,516$576,653
14$37,203$24,900$539,450
15$38,892$23,211$500,558
16$40,658$21,445$459,900
17$42,504$19,599$417,395
18$44,434$17,669$372,961
19$46,452$15,652$326,509
20$48,561$13,543$277,948
21$50,766$11,338$227,183
22$53,071$9,033$174,112
23$55,480$6,623$118,632
24$57,999$4,104$60,633
25$60,633$1,471$0

At the end of your 5-year term

Total paid over the term
$310,518
Principal paid down
$114,362
Interest paid
$196,156
Balance remaining
$821,637

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 5 whole-home leases in Cedarwood$3,454/mo
$41,448Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,040 to $3,869Typical rent range

The suite is real income here: basements rent in Cedarwood (9 of 49 recent detached leases were basement units, around $1,699 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,699 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 numbers

The last 5 whole-home leases in Cedarwood signed at a median of $3,354 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,454. 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.

3.5%
Gross yield
− Property tax $5,176− Insurance $1,400− Vacancy & upkeep $4,559Net operating income $30,313

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

CallRequest a showing