32 Reesorville Road, Markham, ON

Markham Village, Markham · MLS® N13726138

$1,248,000
For Sale
Listed 46 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 32 Reesorville Road.
  • Offering approximately 2,400 sq ft of living space, this spacious family home features a bright and functional layout with generous principal rooms, large windows...
  • Step outside to your own private backyard oasis featuring a well-maintained IN-GROUND POOL, mature landscaping, and plenty of space for relaxing or entertaining.
  • Pride of ownership is evident throughout, with numerous major updates completed in recent years including the roof (2022), pool liner (2024), pool heater (2024)...
  • Ideally located on one of Markham Village's most desirable streets, just steps to Markham District High School, Alma Walker Park, parks, trails, and minutes to...

Welcome to 32 Reesorville Road! A beautifully maintained 4-bedroom, 3-bath detached home situated on a premium 61 x 110 ft lot in the heart of highly sought-after Markham Village. Offering approximately 2,400 sq ft of living space, this spacious family home features a bright and functional layout with generous principal rooms, large windows that fill the home with natural light, and a partially finished basement offering additional living space with endless possibilities. Step outside to your own private backyard oasis featuring a well-maintained IN-GROUND POOL, mature landscaping, and plenty of space for relaxing or entertaining. Pride of ownership is evident throughout, with numerous major updates completed in recent years including the roof (2022), pool liner (2024), pool heater (2024), furnace (2025), newly paved driveway (2025), deck railing (2026), kitchen ceiling with pot lights (2026), refrigerator (2022), and bathroom flooring (2026). A front-yard automatic irrigation system helps maintain excellent curb appeal. Ideally located on one of Markham Village's most desirable streets, just steps to Markham District High School, Alma Walker Park, parks, trails, and minutes to Historic Main Street Markham, Highway 7, Highway 407, GO Transit, shopping, restaurants, and all everyday amenities. A fantastic opportunity to own a meticulously cared-for home in one of Markham's most established and family-friendly neighbourhoods. *** Some Photos virtually Staged***

Key facts

Property type
Detached, 2-Storey
MLS®
N13726138
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
61.05 × 108.55 ft
Cross streets
Wootten Way N/Hwy 7
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Pool
Inground
Property tax
$5,986 / 2026
Days on market
46
Listing brokerage
ALLOWAY PROPERTY GROUP LTD.

Rooms

Family RoomMain6.10 × 3.96 m

sunken room · brick fireplace · laminate

Dining RoomMain3.78 × 3.32 m

separate room · hardwood floor

Living RoomMain5.94 × 3.95 m

separate room · carpet free · w/o to deck

Bedroom 2Second3.41 × 3.22 m

closet · broadloom

Bedroom 4Second3.32 × 3.15 m

closet · broadloom

LaundryGround2.83 × 1.53 m

Laundry Sink

Bedroom 3Second4.48 × 3.15 m

closet · broadloom

Primary BedroomSecond5.46 × 3.66 m

4 pc ensuite · his and hers closets · laminate

RecreationLower5.69 × 3.92 m

partly finished · concrete floor

KitchenMain4.89 × 3.10 m

updated · breakfast area · laminate

Utility RoomLower6.64 × 4.75 m

concrete floor · partly finished

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.22Mlikely sale price

Listed at $1,248,000. 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 $1.22M, if it sells. A realistic range is $1.14M to $1.38M.

Independent value check: $1.27M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.19M and $1.33M).

Why $1.27M. The typical detached home sold in Markham Village over the past year went for about $1.26M (94 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $5,986 a year; the typical home sold here pays about $5,800.
  • ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.
List price
$1.14MBelow recent closings$1.38MAbove recent closings

Total price vs nearby homes. Likely closing about $1.22M, 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
46days on market so far
$4,055/moest. rent · 23 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 14 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 $555/sqft against an area asking average of $595/sqft.

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 $1.21M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully

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

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.

Sherwood-Amberglen
$1.18M
Cornell
$1.34M
Greensborough
$1.20M
Wismer
$1.39M
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
$5,688/mo
$236KIncome needed
5.3×Price ÷ income
$1,313Weekly cost
$21,435Land 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.

92%mortgage
Mortgage $5,688Property tax $499Total carry $6,187

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)
$5,520per month

Mortgage amount $998,400 · 4.49% over 25 years

$249,600Down payment (20.0%)
$998,400Loan before insurance
$0CMHC premium
$6,019Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,520
Property tax
$499
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,019

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

One-time closing costs

Ontario land transfer tax
$21,435
Estimated closing costs
$21,435

Plus your down payment of $249,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,681/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

$657,697Total interest paid
$1,656,097Total of all payments
Principal $998,400 Interest $657,697
YearPrincipalInterestBalance
1$22,280$43,964$976,120
2$23,292$42,952$952,828
3$24,349$41,895$928,479
4$25,455$40,789$903,024
5$26,610$39,633$876,414
6$27,819$38,425$848,595
7$29,082$37,162$819,513
8$30,402$35,842$789,111
9$31,783$34,461$757,329
10$33,226$33,018$724,103
11$34,734$31,510$689,369
12$36,311$29,933$653,058
13$37,960$28,284$615,098
14$39,684$26,560$575,414
15$41,485$24,759$533,929
16$43,369$22,875$490,560
17$45,338$20,906$445,222
18$47,397$18,847$397,825
19$49,549$16,695$348,277
20$51,798$14,446$296,479
21$54,150$12,094$242,329
22$56,609$9,635$185,720
23$59,179$7,065$126,541
24$61,866$4,378$64,675
25$64,675$1,569$0

At the end of your 5-year term

Total paid over the term
$331,219
Principal paid down
$121,986
Interest paid
$209,233
Balance remaining
$876,414

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 23 whole-home leases in Markham Village$4,055/mo
$48,660Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,466 to $4,312Typical 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 23 whole-home leases in Markham Village signed at a median of $4,133 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,055. 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.

3.9%
Gross yield
− Property tax $5,986− Insurance $1,400− Vacancy & upkeep $5,353Net operating income $35,922

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

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