17 Mumbai Drive, Markham, ON

Middlefield, Markham · MLS® N13679658

$1,079,000
For Sale
Listed 66 days agoNo offer date statedSitting longer than typical
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3Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Luxury Freehold Townhouse In Markham Prime location W/Unobstructed View Of The Park.
  • 1,974 SqFtOf Modernly Designed 3 Bedrooms 4 Bathrooms W/Double Car Garage, Open-Concept Layout and 9'Ceilings.
  • Great Room Walks Out To A Spacious Private Huge Terrace , Bright & Spacious OpenConcept Floor Plan With Modern Design.
  • Large Primary Bedroom W/4Pc Ensuite,Large Walk-in Closet and large balcony.
  • Steps to Aaniin Community Centre, Library & FitnessCentre, Park, Trails, Restaurants, Public Transit, Markville Mall & Hwy7/407.

Luxury Freehold Townhouse In Markham Prime location W/Unobstructed View Of The Park. 1,974 SqFtOf Modernly Designed 3 Bedrooms 4 Bathrooms W/Double Car Garage, Open-Concept Layout and 9'Ceilings. Great Room Walks Out To A Spacious Private Huge Terrace , Bright & Spacious OpenConcept Floor Plan With Modern Design. Large Windows for each room, Modern Kitchen With QuartzCountertops, Stainless Steel Appliances, Modern Cabinet. Large Primary Bedroom W/4Pc Ensuite,Large Walk-in Closet and large balcony. Steps to Aaniin Community Centre, Library & FitnessCentre, Park, Trails, Restaurants, Public Transit, Markville Mall & Hwy7/407. Located inTop-Ranked Markham Schools.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13679658
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
20.01 × 88.58 ft
Cross streets
14th & Middlefield
Parking
2 garage · 4 parking (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$2,031 / 2026
Days on market
66
Listing brokerage
ROYAL LEPAGE PEACELAND STEVEN SUN REALTY

Rooms

Game RoomSecond5.79 × 3.96 m

hardwood floor · w/o to terrace · open concept

Bedroom 2Third3.05 × 2.44 m

broadloom · large closet · large window

KitchenSecond3.66 × 2.13 m

ceramic floor · stainless steel appl · combined w/dining

Dining RoomSecond3.66 × 3.35 m

ceramic floor · combined w/kitchen · w/o to balcony

Primary BedroomThird4.01 × 3.96 m

broadloom · 4 pc ensuite · w/o to balcony

Family RoomGround5.54 × 3.76 m

broadloom · w/o to garage · 3 pc bath

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

Middlefield, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$4,918/mo
$195KIncome needed
5.5×Price ÷ income
$1,135Weekly cost
$18,055Land 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.

97%mortgage
Mortgage $4,918Property tax $169Total carry $5,087

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)
$4,773per month

Mortgage amount $863,200 · 4.49% over 25 years

$215,800Down payment (20.0%)
$863,200Loan before insurance
$0CMHC premium
$4,942Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,773
Property tax
$169
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,942

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

One-time closing costs

Ontario land transfer tax
$18,055
Estimated closing costs
$18,055

Plus your down payment of $215,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,777/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

$568,634Total interest paid
$1,431,834Total of all payments
Principal $863,200 Interest $568,634
YearPrincipalInterestBalance
1$19,263$38,010$843,937
2$20,138$37,136$823,799
3$21,052$36,221$802,748
4$22,008$35,266$780,740
5$23,007$34,266$757,733
6$24,052$33,222$733,681
7$25,144$32,130$708,538
8$26,285$30,988$682,252
9$27,479$29,795$654,774
10$28,726$28,547$626,047
11$30,031$27,243$596,017
12$31,394$25,879$564,623
13$32,820$24,454$531,803
14$34,310$22,964$497,493
15$35,867$21,406$461,626
16$37,496$19,777$424,130
17$39,198$18,075$384,931
18$40,978$16,295$343,953
19$42,839$14,435$301,114
20$44,784$12,489$256,330
21$46,817$10,456$209,513
22$48,943$8,330$160,570
23$51,165$6,108$109,405
24$53,488$3,785$55,917
25$55,917$1,357$0

At the end of your 5-year term

Total paid over the term
$286,367
Principal paid down
$105,467
Interest paid
$180,900
Balance remaining
$757,733

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
2.8%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.

3.5%
Gross yield
− Property tax $2,031− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $30,211

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE PEACELAND STEVEN SUN REALTY. MLS®/PropTx.

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