65 Cricklewood Crescent, Markham, ON

Royal Orchard, Markham · MLS® N13702900

$998,000
For Sale
Listed 59 days agoNo offer date stated
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3+2Bedrooms
5Bathrooms
1Garage · 2 parking
3000-3249Sq ft

About this home

In short

  • Ravine surrounded this Executive End-Unit Townhome in the Exclusive "Cricklewood Estates" in Royal Orchard Community.
  • This east-facing, spacious, and bright 3+2 bed, 5-bath unit features hardwood floors throughout, three living spaces with three fireplaces (one with a walk-out to a...

Ravine surrounded this Executive End-Unit Townhome in the Exclusive "Cricklewood Estates" in Royal Orchard Community. This east-facing, spacious, and bright 3+2 bed, 5-bath unit features hardwood floors throughout, three living spaces with three fireplaces (one with a walk-out to a backyard oasis), two storage rooms, three balconies with BBQ hookup, overlooking a lush garden, a sauna, and an EV charging station. It is within walking distance to Yonge St, parks, two major golf courses, transit, and excellent schools, and just minutes to highways and one bus to York University.

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
N13702900
Bedrooms
3+2 (5 total)
Bathrooms
5 (1 half)
Size
3000-3249 sq ft
Cross streets
Yonge/Centre
Parking
1 garage · 2 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,150/mo
Exposure
East
Property tax
$5,848 / 2026
Days on market
59
Listing brokerage
RE/MAX ACE REALTY INC.

Rooms

Primary BedroomSecond5.56 × 4.67 m

3 pc ensuite · hardwood floor

Dining RoomMain3.50 × 3.30 m

ceramic floor · overlooks living

Family RoomLower6.27 × 4.57 m

hardwood floor · fireplace · w/o to balcony

BedroomSecond4.27 × 2.81 m

hardwood floor · double closet · w/o to balcony

LaundryLower4.34 × 2.38 m

Ceramic Floor

BedroomSecond5.13 × 3.32 m

hardwood floor · double closet

KitchenMain4.16 × 3.35 m

ceramic floor · eat-in kitchen

OtherBasement0.00 × 0.00 m

Laminate

BedroomBasement5.59 × 3.73 m

laminate · fireplace · w/o to ravine

Living RoomMain5.79 × 3.66 m

hardwood floor · fireplace · w/o to balcony

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.22Mautomated estimate, from recent sales

Listed at $998,000, about 18% below our estimate of $1.22M (homes like it typically land between $1.13M and $1.28M).

Why $1.22M. The typical townhouse sold in Royal Orchard over the past year went for about $695K (12 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 3,000 to 3,249 sq ft; the typical home sold here is 1,200 to 1,399.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,848 a year; the typical home sold here pays about $3,300.
  • ▲ Raises it3+2 bedrooms and 5 baths, against 3 and 2 typically.
  • ▲ Raises it slightlyIts maintenance fee is $1,150 a month; the typical unit sold here pays about $620.
List price
$998KBelow our range$1.28MAbove our range

Total price vs nearby homes. Fair value about $1.22M, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
59days on market so far
$5,000/moest. rent · 7 leases
6.0%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $319/sqft against an area asking average of $652/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Royal Orchard basements rarely rent out (0 of 7 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.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 and this building.

It never sees the asking price. The 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.06M. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 24 comparable homes that sold in Royal Orchard over the past two years, from 24 closings there.

What sellers nearby are askingCurrently listed nearby in Royal Orchard · asking prices
$879kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $1.22M, which is where my estimate comes from.

Per square foot, these ask about $555/sqft; this home lists at $319/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
998kThis home1.20M729k710kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Markham: $710K in September 2026, down 6% from a year ago, on 245 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$808K24
November 2025$778K12
December 2025$715K12
January 2026$825K12
February 2026$743K24
March 2026$815K21
April 2026$829K10
May 2026$760K31
June 2026$751K26
July 2026$717K28
August 2026$765K25
September 2026$710K20

Neighbourhood & location

Royal Orchard, 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.

Aileen-Willowbrook
$627K
Commerce Valley
$1.31M
Bayview Fairway-Bayview Country Club Estates
$699K
German Mills
$890K
Unionville
$893K

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
$4,549/mo
$214KIncome needed
4.7×Price ÷ income
$1,050Weekly cost
$16,435Land 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.

74%mortgage
Mortgage $4,549Property tax $487Condo fee $1,150Total carry $6,186

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)
$4,414per month

Mortgage amount $798,400 · 4.49% over 25 years

$199,600Down payment (20.0%)
$798,400Loan before insurance
$0CMHC premium
$6,052Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,414
Property tax
$487
Condo / maintenance fees
$1,150
Heating
$0
Estimated monthly cost
$6,052

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

One-time closing costs

Ontario land transfer tax
$16,435
Estimated closing costs
$16,435

Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,343/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

$525,947Total interest paid
$1,324,347Total of all payments
Principal $798,400 Interest $525,947
YearPrincipalInterestBalance
1$17,817$35,157$780,583
2$18,626$34,348$761,957
3$19,472$33,502$742,486
4$20,356$32,618$722,130
5$21,280$31,694$700,850
6$22,246$30,728$678,604
7$23,256$29,718$655,348
8$24,312$28,662$631,036
9$25,416$27,558$605,620
10$26,570$26,404$579,050
11$27,776$25,198$551,274
12$29,037$23,936$522,237
13$30,356$22,618$491,881
14$31,734$21,240$460,147
15$33,175$19,799$426,972
16$34,681$18,293$392,291
17$36,256$16,718$356,035
18$37,902$15,072$318,133
19$39,623$13,351$278,510
20$41,422$11,552$237,088
21$43,303$9,671$193,785
22$45,269$7,705$148,516
23$47,324$5,650$101,192
24$49,473$3,501$51,719
25$51,719$1,255$0

At the end of your 5-year term

Total paid over the term
$264,869
Principal paid down
$97,550
Interest paid
$167,320
Balance remaining
$700,850

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 7 whole-home leases in Royal Orchard$5,000/mo
$60,000Gross annual rent
3.3%Cap rate after taxes and upkeep
$4,600 to $5,400Typical 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 7 whole-home leases in Royal Orchard signed at a median of $3,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,000. 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.

6.0%
Gross yield
− Property tax $5,848− Condo fees $13,800− Insurance $600− Vacancy & upkeep $6,600Net operating income $33,152

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

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