45 Aitken Circle, Markham, ON

Unionville, Markham · MLS® N13722222

$2,150,000
For Sale
Listed 48 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
3Garage · 12 parking
3000-3500Sq ft

About this home

In short

  • Spacious South-Facing Family Home On A Premium 100-Foot Corner Lot In Prime Unionville.
  • Offering Over 3,200 Sq Ft Above Grade On Nearly 10,000 Sq Ft Of Land, This Impressive 3-Car Garage Residence Features A Bright Functional Layout, Generous Principal...
  • The seller has indicated that they may be able to assist in arranging private financing at approximately 5% per annum, with a 6.5-year term and 25-year amortization.

Spacious South-Facing Family Home On A Premium 100-Foot Corner Lot In Prime Unionville. Offering Over 3,200 Sq Ft Above Grade On Nearly 10,000 Sq Ft Of Land, This Impressive 3-Car Garage Residence Features A Bright Functional Layout, Generous Principal Rooms, 4 Spacious Upper-Level Bedrooms And An Expansive Backyard Offering Exceptional Outdoor Space. Bring Your Vision And Transform This Substantial Residence Into A Customized Family Home. An Exceptional Opportunity For Buyers Looking To Renovate And Personalize While Securing The Rare Combination Of Lot Size, Living Space And Location. Located Within The Highly Sought-After Unionville Public School And Markville Secondary School Boundaries, And Minutes To Historic Unionville Main Street, Toogood Pond, Parks, Library, Shopping And Community Amenities. A Rare Opportunity To Create Your Ideal Home In One Of Markham's Most Desirable Neighbourhoods. The seller has indicated that they may be able to assist in arranging private financing at approximately 5% per annum, with a 6.5-year term and 25-year amortization. Subject to lender approval and mutually acceptable terms. Details to be discussed. For reference only.

Key facts

Property type
Detached, 2-Storey
MLS®
N13722222
Bedrooms
4
Bathrooms
3 (1 half)
Size
3000-3500 sq ft
Lot
100.46 × 151.37 ft
Cross streets
16th Ave / Kennedy Rd
Parking
3 garage · 12 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,343 / 2026
Days on market
48
Listing brokerage
MANORLEAD GROUP INC.

Rooms

Bedroom 3Upper3.67 × 3.17 m

hardwood floor · closet · crown moulding

Living RoomMain6.20 × 3.86 m

hardwood floor · crown moulding · sunken room

Family RoomMain6.80 × 3.67 m

hardwood floor · w/o to porch · fireplace

Dining RoomMain4.32 × 3.55 m

hardwood floor · crown moulding · french doors

Bedroom 4Upper3.61 × 3.57 m

hardwood floor · closet · crown moulding

KitchenMain3.15 × 3.08 m

tile floor · granite counters · backsplash

Primary BedroomUpper6.48 × 3.74 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

BreakfastMain3.56 × 3.13 m

tile floor · w/o to porch · crown moulding

PantryMain3.80 × 2.85 m

tile floor · access to garage · laundry sink

OfficeBasement5.17 × 3.40 m

broadloom · pot lights · crown moulding

Bedroom 2Upper5.08 × 3.84 m

hardwood floor · closet · crown moulding

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.11Mlikely sale price

Listed at $2,150,000. Going by how homes in Unionville and the wider GTA have actually closed against their asking prices (about 98%, 38 local closings in 90 days), the likely sale price is near $2.11M, if it sells. A realistic range is $1.98M to $2.38M.

Independent value check: $1.88M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.76M and $1.97M).

Why $1.88M. The typical detached home sold in Unionville over the past year went for about $1.68M (127 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,343 a year; the typical home sold here pays about $8,700.
  • ▲ Raises it3 garage and 12 total parking spaces, against 2 and 6 typically.
  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▼ Lowers it4 bedrooms and 3 baths, against 4+1 and 4 typically.

Longer on the market than typical. 48 days on the market against about 26 for homes like it here, and asking 14% above where comparable closings put it.

List price
$1.98MBelow recent closings$2.38MAbove recent closings

Total price vs nearby homes. Likely closing about $2.11M, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$1.68Mmedian sold price
99%of asking, on average
−3%prices vs a year ago
~18 dayshomes like this take to sell
48days on market so far
$4,580/moest. rent · 86 leases
2.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 9 detached homes for sale in the area against 38 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 $662/sqft against an area asking average of $672/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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.61M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($662/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 38 comparable homes that sold in Unionville over the past two years, from 230 closings there.

Sold price trend

Median sold price for detached homes in Unionville: $1.70M in September 2026, down 7% from a year ago, on 126 closings in 11 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$1.76M8
November 2025$1.84M9
December 2025$1.78M9
January 2026$1.63M10
March 2026$1.68M12
April 2026$1.59M19
May 2026$1.69M9
June 2026$1.75M16
July 2026$1.73M5
August 2026$1.60M19
September 2026$1.70M10

Neighbourhood & location

Unionville, 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.

Markville
$1.00M
Berczy
$1.70M
Angus Glen
$1.66M
Wismer
$1.39M
Milliken Mills East
$1.48M

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
$9,799/mo
$404KIncome needed
5.3×Price ÷ income
$2,261Weekly cost
$40,225Land 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 $9,799Property tax $862Total carry $10,661

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$9,510per month

Mortgage amount $1,720,000 · 4.49% over 25 years

$430,000Down payment (20.0%)
$1,720,000Loan before insurance
$0CMHC premium
$10,372Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,510
Property tax
$862
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,372

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

One-time closing costs

Ontario land transfer tax
$40,225
Estimated closing costs
$40,225

Plus your down payment of $430,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,511/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

$1,133,053Total interest paid
$2,853,053Total of all payments
Principal $1,720,000 Interest $1,133,053
YearPrincipalInterestBalance
1$38,383$75,739$1,681,617
2$40,126$73,996$1,641,491
3$41,948$72,174$1,599,543
4$43,852$70,270$1,555,691
5$45,843$68,279$1,509,848
6$47,925$66,197$1,461,923
7$50,101$64,021$1,411,822
8$52,376$61,747$1,359,447
9$54,754$59,368$1,304,693
10$57,240$56,882$1,247,453
11$59,839$54,284$1,187,615
12$62,556$51,567$1,125,059
13$65,396$48,726$1,059,663
14$68,365$45,757$991,298
15$71,469$42,653$919,829
16$74,714$39,408$845,115
17$78,106$36,016$767,009
18$81,653$32,469$685,356
19$85,360$28,762$599,996
20$89,236$24,886$510,760
21$93,287$20,835$417,473
22$97,523$16,599$319,950
23$101,951$12,171$217,999
24$106,580$7,542$111,419
25$111,419$2,703$0

At the end of your 5-year term

Total paid over the term
$570,611
Principal paid down
$210,152
Interest paid
$360,458
Balance remaining
$1,509,848

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 86 whole-home leases in Unionville$4,580/mo
$54,960Gross annual rent
1.7%Cap rate after taxes and upkeep
$4,351 to $4,842Typical rent range
~36 daysTo find a tenant, on average

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 86 whole-home leases in Unionville signed at a median of $4,219 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,580. 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.

2.6%
Gross yield
− Property tax $10,343− Insurance $1,400− Vacancy & upkeep $6,046Net operating income $37,172

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

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