2 Noel Street, Markham, ON

Markham Village, Markham · MLS® N13688400

$999,000
For Sale
Listed 58 days agoNo offer date stated
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3+2Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Upgraded Eat-In Kitchen, Spiral Staircase with Crystal Chandliers above stairs, in Family room, and Breakfast area.
  • The exterior features concrete Walk-way with a 2nd level deck featuring a Privacy Gazebo for family gatherings.
  • 2 Go stations within a 5 KM radius, bus stops on 3 High schools, 2+ Elementary schools within a small radius.
  • Corner Lot surrounded by 5 nearby Parks, Markville Mall, Markham Stoufville Hospital, and Cornell Community centre.
  • FREE Markham swimming POOL for the summer, 2 Tennis Crts, Church's, Lawn Bowling, Pottery classes, and Baseball Diamonds for Public, all accompanied by Markham Main...

Location! Location! Location! Fully Renovated home. Upgraded Eat-In Kitchen, Spiral Staircase with Crystal Chandliers above stairs, in Family room, and Breakfast area. Pot lights present throughout with Timer controlled Exterior Pot lights, and Main Floor LED lights. Freshly Painted with uograded Kitchen and Appliances. The exterior features concrete Walk-way with a 2nd level deck featuring a Privacy Gazebo for family gatherings. Beautiful tiles in the Main Hallway and Kitchen, Hardoowd throughout the Main floor and First Floor. 2 Go stations within a 5 KM radius, bus stops on 3 High schools, 2+ Elementary schools within a small radius. Corner Lot surrounded by 5 nearby Parks, Markville Mall, Markham Stoufville Hospital, and Cornell Community centre. FREE Markham swimming POOL for the summer, 2 Tennis Crts, Church's, Lawn Bowling, Pottery classes, and Baseball Diamonds for Public, all accompanied by Markham Main st North within a short walking distance.

Key facts

Property type
Detached, 2-Storey
MLS®
N13688400
Bedrooms
3+2 (5 total)
Bathrooms
4 (2 half)
Size
1500-2000 sq ft
Lot
38.94 × 101.3 ft
Cross streets
Markham road/ Sixteenth Ave
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,132 / 2026
Days on market
58
Listing brokerage
CENTRAL HOME REALTY INC.

Rooms

KitchenMain12.63 × 9.19 m

granite counters · window · porcelain floor

BathroomBasement8.00 × 5.00 m

4 pc bath · tile floor

Bedroom 3Second10.70 × 9.84 m

b/i closet · window · hardwood floor

Primary BedroomSecond14.60 × 14.11 m

2 pc ensuite · hardwood floor · walk-in closet(s)

BedroomBasement12.00 × 9.50 m

laminate · window

Living RoomMain14.76 × 11.06 m

l-shaped room · combined w/dining · w/o to patio

Bedroom 2Second11.48 × 9.61 m

b/i closet · window · hardwood floor

BedroomBasement12.00 × 11.50 m

Laminate

Living RoomBasement20.00 × 12.00 m

laminate · breakfast area

Family RoomMain13.78 × 10.70 m

brick fireplace · french doors · hardwood floor

Dining RoomMain9.55 × 8.99 m

combined w/living · hardwood floor · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$977Klikely sale price

Listed at $999,000. 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 $977K, if it sells. A realistic range is $916K to $1.10M.

Independent value check: $1.03M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $970K and $1.08M).

Why $1.03M. The typical detached home sold in Markham Village over the past year went for about $1.26M (94 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,132 a year; the typical home sold here pays about $5,800.
  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$916KBelow recent closings$1.10MAbove recent closings

Total price vs nearby homes. Likely closing about $977K, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.18Mmedian sold price
98%of asking, on average
−11%prices vs a year ago
~20 dayshomes like this take to sell
58days on market so far
$3,913/moest. rent · 9 leases
4.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 10 detached homes for sale in the area against 22 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 $571/sqft against an area asking average of $593/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 $1.03M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully

Based on 22 comparable homes that sold in Markham Village over the past two years, from 167 closings there.

What sellers nearby are askingCurrently listed nearby in Markham Village · asking prices
$1.22Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.03M, which is where my estimate comes from.

Per square foot, these ask about $600/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
999kThis home1.19M999k1.13M1.51M1.29MThis home vs active comparables

Sold 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.

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$1.22M10
November 2025$1.38M11
December 2025$1.27M6
February 2026$1.38M7
March 2026$1.26M10
April 2026$1.25M9
May 2026$1.60M11
June 2026$1.08M9
August 2026$1.22M10
September 2026$1.14M8

Neighbourhood & location

Markham Village, 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.

Greensborough
$1.20M
Wismer
$1.39M
Sherwood-Amberglen
$1.18M
Cornell
$1.34M
Markville
$1.00M

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
$4,553/mo
$187KIncome needed
5.3×Price ÷ income
$1,051Weekly cost
$16,455Land 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 $4,553Property tax $344Total carry $4,897

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

years
years (your rate-locked period)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,763Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$344
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,763

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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 9 whole-home leases in Markham Village$3,913/mo
$46,956Gross annual rent
3.6%Cap rate after taxes and upkeep
$3,600 to $4,226Typical rent range

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 9 whole-home leases in Markham Village signed at a median of $4,118 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,913. 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.

4.7%
Gross yield
− Property tax $4,132− Insurance $1,400− Vacancy & upkeep $5,165Net operating income $36,259

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

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