93 Parkway Avenue, Markham, ON

Markham Village, Markham · MLS® N13729722

$1,058,000
For Sale
Just listed today
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4Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq Ft

About this home

Beautiful 4-level side split detached home in Markham Village on a large 60 x 110 lot featuring 3+1 bedrooms and 2.5 baths. The open concept living space offers many upgrades including a tastefully designed kitchen with a spacious centre island. The basement has a separate entrance with its own bedroom, kitchen, full bath, recreation room and laundry, making it ideal for multi-generational living or rental potential. The backyard boasts a huge deck and storage shed, perfect for outdoor enjoyment. Conveniently located with public transit at the doorstep and close to schools, parks, hospital, community centre, shopping and all amenities.

Key facts

Property type
Detached, Sidesplit 4
MLS®
N13729722
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1100-1500
Lot
60.04 × 110.1 ft
Cross streets
Hwy 7 / Wotten Way
Parking
1 garage · 3 parking (attached)
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Aluminum Siding
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,051 / 2026
Listing brokerage
BAY STREET GROUP INC.
Our TakeTeam Asgarian · Broker
Above the wider set
$922Kest. value

Listed at $1,058,000, and my independent estimate is tracking about 15% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA.

List price
$881KBelow asking range$1.06MAbove asking range

Total price vs nearby homes. Fair value about $922K, median of 6 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $814/sqft against an area asking average of $662/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 6 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.31M, higher than the comparables and worth a second look.

What the listing highlights3 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 6 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in Markham Village · asking prices
$1.05Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

4 Sir Brandiles Place $738/sqft$960k30 Sir Caradoc Place $899/sqft$1.17M28 Parkinson Road $650/sqft$1.14M15 Sir Gawaine Place $622/sqft$1.09M256 Church Street $692/sqft$899k

Per square foot, these ask about $720/sqft; this home lists at $814/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.06MThis home960k1.17M1.14M1.09M899kThis home vs active comparables

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
$1.25M
Raymerville
$1.10M
Cornell
$1.31M
Greensborough
$1.26M
Bullock
$1.19M

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
$4,822/mo
$203KIncome needed
5.2×Price ÷ income
$1,113Weekly cost
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.

91%mortgage
Mortgage $4,822Property tax $504Total carry $5,326

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,563per month

Mortgage amount $846,400 · 4.24% over 25 years

$211,600Down payment (20.0%)
$846,400Loan before insurance
$0CMHC premium
$5,067Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,563
Property tax
$504
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,067

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

One-time closing costs

Ontario land transfer tax
$17,635
Estimated closing costs
$17,635

Plus your down payment of $211,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,537/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

$522,511Total interest paid
$1,368,911Total of all payments
Principal $846,400 Interest $522,511
YearPrincipalInterestBalance
1$19,556$35,201$826,844
2$20,394$34,363$806,450
3$21,268$33,489$785,182
4$22,179$32,577$763,003
5$23,129$31,627$739,874
6$24,120$30,636$715,754
7$25,154$29,602$690,599
8$26,232$28,525$664,368
9$27,356$27,401$637,012
10$28,528$26,228$608,484
11$29,751$25,006$578,733
12$31,025$23,731$547,708
13$32,355$22,402$515,353
14$33,741$21,015$481,612
15$35,187$19,570$446,425
16$36,695$18,062$409,730
17$38,267$16,489$371,464
18$39,907$14,850$331,557
19$41,617$13,140$289,940
20$43,400$11,357$246,540
21$45,260$9,497$201,281
22$47,199$7,558$154,082
23$49,221$5,535$104,860
24$51,330$3,426$53,530
25$53,530$1,226$0

At the end of your 5-year term

Total paid over the term
$273,782
Principal paid down
$106,526
Interest paid
$167,256
Balance remaining
$739,874

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$2,300/mo
$27,600Gross annual rent
1.6%Est. cap rate

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.

2.6%
Gross yield
− Property tax $6,051− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,113

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

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