12 Jill Court, Markham, ON

Markham Village, Markham · MLS® N13730116

$1,515,000
For Sale
Listed 44 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this Exceptional family residence nestled on a quiet court in the heart of prestigious Markham Village.
  • Situated on a premium pie-shaped lot, this Beautifully maintained home offers professionally landscaped grounds and multiple outdoor living and entertaining spaces...
  • The thoughtfully update interior showcases a renovated kitchen and bathrooms, generously proportioned principal rooms, spacious bedrooms, and a private primary...
  • The finished lower level features a large recreation room and a full 3- piece bathroom, providing addition room living space for the growing family.

Welcome to this Exceptional family residence nestled on a quiet court in the heart of prestigious Markham Village. Situated on a premium pie-shaped lot, this Beautifully maintained home offers professionally landscaped grounds and multiple outdoor living and entertaining spaces, creating the perfect setting for family enjoyment and hosting guests. The thoughtfully update interior showcases a renovated kitchen and bathrooms, generously proportioned principal rooms, spacious bedrooms, and a private primary retreat complete with a walk-in closet. The finished lower level features a large recreation room and a full 3- piece bathroom, providing addition room living space for the growing family. Ideally located within walking distance to top rated schools, park, and the vibrant shop, restaurants, shops, and amenities of historic Main Street Markham. A rare opportunity to own a distinguished home in one of Markham's most desirable and established neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13730116
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
41.03 × 110.96 ft
Cross streets
Wootten Way
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,555 / 2026
Days on market
44
Listing brokerage
BAY STREET GROUP INC.

Rooms

Bedroom 4Upper3.96 × 2.76 m

large window · large closet · california shutters

Family RoomMain3.90 × 3.30 m

sunken room · w/o to yard · hardwood floor

Primary BedroomUpper5.18 × 3.78 m

double closet · large window · california shutters

KitchenMain6.20 × 2.44 m

eat-in kitchen · pot lights · granite counters

Dining RoomMain3.30 × 3.30 m

open concept · hardwood floor · bay window

RecreationLower6.17 × 4.95 m

fireplace · pot lights · window

BreakfastMain0.00 × 0.00 m
Bedroom 3Upper3.96 × 3.30 m

walk-in closet(s) · large window · california shutters

Bedroom 2Upper5.11 × 3.40 m

double closet · large window · california shutters

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.48Mlikely sale price

Listed at $1,515,000. 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 $1.48M, if it sells. A realistic range is $1.39M to $1.67M.

Independent value check: $1.38M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.29M and $1.44M).

Why $1.38M. 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 itIts tax bill, which follows the city's own assessment, is $6,555 a year; the typical home sold here pays about $5,800.

Longer on the market than typical. 44 days on the market against about 23 for homes like it here, and asking 10% above where comparable closings put it.

List price
$1.39MBelow recent closings$1.67MAbove recent closings

Total price vs nearby homes. Likely closing about $1.48M, 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
44days on market so far
$4,163/moest. rent · 22 leases
3.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2 months of inventory: 15 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 $673/sqft against an area asking average of $588/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 $1.32M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle

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
$6,905/mo
$283KIncome needed
5.4×Price ÷ income
$1,593Weekly cost
$26,775Land 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.

93%mortgage
Mortgage $6,905Property tax $546Total carry $7,451

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)
$6,701per month

Mortgage amount $1,212,000 · 4.49% over 25 years

$303,000Down payment (20.0%)
$1,212,000Loan before insurance
$0CMHC premium
$7,248Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,701
Property tax
$546
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,248

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

One-time closing costs

Ontario land transfer tax
$26,775
Estimated closing costs
$26,775

Plus your down payment of $303,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,111/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

$798,407Total interest paid
$2,010,407Total of all payments
Principal $1,212,000 Interest $798,407
YearPrincipalInterestBalance
1$27,047$53,370$1,184,953
2$28,275$52,142$1,156,679
3$29,558$50,858$1,127,120
4$30,901$49,516$1,096,220
5$32,304$48,113$1,063,916
6$33,770$46,646$1,030,146
7$35,304$45,113$994,842
8$36,907$43,510$957,936
9$38,582$41,834$919,353
10$40,334$40,082$879,019
11$42,165$38,251$836,854
12$44,080$36,336$792,774
13$46,081$34,335$746,693
14$48,173$32,243$698,520
15$50,361$30,056$648,159
16$52,647$27,769$595,511
17$55,038$25,379$540,474
18$57,537$22,880$482,937
19$60,149$20,267$422,788
20$62,880$17,536$359,908
21$65,735$14,681$294,173
22$68,720$11,697$225,453
23$71,840$8,576$153,613
24$75,102$5,315$78,512
25$78,512$1,905$0

At the end of your 5-year term

Total paid over the term
$402,081
Principal paid down
$148,084
Interest paid
$253,997
Balance remaining
$1,063,916

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 22 whole-home leases in Markham Village$4,163/mo
$49,956Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,376 to $4,412Typical 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 22 whole-home leases in Markham Village signed at a median of $4,162 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,163. 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.

3.3%
Gross yield
− Property tax $6,555− Insurance $1,400− Vacancy & upkeep $5,495Net operating income $36,506

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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