45 Madison Heights Boulevard, Markham, ON

Berczy, Markham · MLS® N13721932

$929,800
For Sale
Listed 52 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Beautiful Spacious Freehold Townhouse In Well-Known Berczy Community.
  • 9 Ft Ceiling On Main Floor, Well-Lighted Living Room With Large Windows, Classical Kitchen With Walk-Out To Backyard, Finished Basement With Kitchen.
  • 4 Bdrm & 3.5 Wsrm & 2 Parking Spaces, Perfect Layout For A Family.
  • Close To All Amenities Located In Excellent And Quite Community; 3 Minutes Walking To Pierre Elliot School.

Location! Location! Location! Beautiful Spacious Freehold Townhouse In Well-Known Berczy Community. 9 Ft Ceiling On Main Floor, Well-Lighted Living Room With Large Windows, Classical Kitchen With Walk-Out To Backyard, Finished Basement With Kitchen. 4 Bdrm & 3.5 Wsrm & 2 Parking Spaces, Perfect Layout For A Family. Close To All Amenities Located In Excellent And Quite Community; 3 Minutes Walking To Pierre Elliot School.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13721932
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
14.83 × 108.09 ft
Cross streets
Kennedy/16th
Parking
1 garage · 2 parking (detached)
Driveway
Private
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,220 / 2026
Days on market
52
Listing brokerage
RE/MAX ATRIUM HOME REALTY

Rooms

Bedroom 2Second4.10 × 4.60 m

overlooks backyard · pot lights · window

KitchenGround5.10 × 3.16 m

w/o to yard · breakfast area · ceramic floor

Primary BedroomThird4.10 × 3.50 m

overlooks backyard · pot lights · window

BedroomBasement3.80 × 3.30 m

4 pc bath · laminate · window

KitchenBasement3.80 × 2.30 m

combined w/great rm · ceramic floor · pot lights

Bedroom 4Second3.05 × 2.43 m

overlooks frontyard · pot lights · window

Bedroom 3Second3.05 × 2.25 m

overlooks frontyard · pot lights · window

Family RoomGround6.30 × 3.16 m

combined w/dining · hardwood floor · window

LaundryBasement2.90 × 1.85 m

ceramic floor · pot lights

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Berczy, 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.

Angus Glen
$1.26M
Wismer
$1.00M
Unionville
$1.40M
Village Green-South Unionville
$995K
Cathedraltown
$1.07M

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
$4,238/mo
$176KIncome needed
5.3×Price ÷ income
$978Weekly cost
$15,071Land 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.

92%mortgage
Mortgage $4,238Property tax $352Total carry $4,589

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)
$4,113per month

Mortgage amount $743,840 · 4.49% over 25 years

$185,960Down payment (20.0%)
$743,840Loan before insurance
$0CMHC premium
$4,464Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,113
Property tax
$352
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,464

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

One-time closing costs

Ontario land transfer tax
$15,071
Estimated closing costs
$15,071

Plus your down payment of $185,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,978/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

$490,006Total interest paid
$1,233,846Total of all payments
Principal $743,840 Interest $490,006
YearPrincipalInterestBalance
1$16,599$32,754$727,241
2$17,353$32,001$709,888
3$18,141$31,213$691,747
4$18,965$30,389$672,782
5$19,826$29,528$652,956
6$20,726$28,628$632,231
7$21,667$27,687$610,564
8$22,651$26,703$587,913
9$23,679$25,675$564,234
10$24,754$24,600$539,480
11$25,878$23,476$513,602
12$27,053$22,301$486,549
13$28,281$21,072$458,267
14$29,565$19,788$428,702
15$30,908$18,446$397,794
16$32,311$17,043$365,483
17$33,778$15,576$331,705
18$35,312$14,042$296,393
19$36,915$12,439$259,477
20$38,591$10,762$220,886
21$40,344$9,010$180,543
22$42,175$7,179$138,367
23$44,090$5,264$94,277
24$46,092$3,262$48,185
25$48,185$1,169$0

At the end of your 5-year term

Total paid over the term
$246,769
Principal paid down
$90,884
Interest paid
$155,886
Balance remaining
$652,956

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
3.0%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.1%
Gross yield
− Property tax $4,220− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,022

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

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