11 Liam Lane, Markham, ON

Cedarwood, Markham · MLS® N13762364

$1,249,000
For Sale
Listed 40 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 2 parking
2500-3000Sq ft

About this home

In short

  • A rare TWO primary bedroom, 2,700 sq ft Semi on a corner lot bigger than detached homes in Markham.
  • Welcome to this beautiful 4 bedroom, 3 full bathrooms plus the powder room semi detached home, located on a prestigious, oversized corner lot in the Cedarwood community.
  • Filled with abundant natural light, the bright, open concept main floor features solid wood California shutters.
  • This open concept design keeps the family connected and overlooks the private, fully fenced backyard.
  • The layout features two primary bedrooms with their own private ensuites.

A rare TWO primary bedroom, 2,700 sq ft Semi on a corner lot bigger than detached homes in Markham! Welcome to this beautiful 4 bedroom, 3 full bathrooms plus the powder room semi detached home, located on a prestigious, oversized corner lot in the Cedarwood community. This 2022 built home offers modern, carpet free living across an expansive layout that rivals and exceeds the footprint of many nearby detached properties. Filled with abundant natural light, the bright, open concept main floor features solid wood California shutters. The layout is highly functional, offering a spacious living and dining area for formal hosting. The kitchen includes stainless steel appliances and opens directly into the family room. This open concept design keeps the family connected and overlooks the private, fully fenced backyard. A main floor laundry room integrated with a mudroom area adds everyday convenience and organization. Upstairs, four spacious bedrooms provide comfort and privacy for the entire family, serviced by three full washrooms. The layout features two primary bedrooms with their own private ensuites. The main primary suite boasts a 5 piece bathroom and a large walk-in closet, while the second primary bedroom includes a private 4 piece bathroom. The remaining two bedrooms share a separate 4 piece washroom. Need even more space? The open basement offers endless possibilities to create a recreation room, home gym, or an in-law suite tailored to your needs. Beautifully maintained and loaded with upgrades, this home is ideally located near top rated schools including USCA Academy International Private School, Markham Gateway PS, and Ellen Fairclough PS. Major retailers like Costco, Walmart, Canadian Tire, Home Depot, and all major banks are just minutes away. Don't miss the opportunity to make this rare, detached sized gem your own!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13762364
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
46.11 × 90.64 ft
Cross streets
Denison St and Markham Rd
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,500 / 2026
Days on market
40
Listing brokerage
ROYAL LEPAGE IGNITE REALTY

Rooms

Bedroom 3Second3.45 × 3.00 m

large window · closet · hardwood floor

Bedroom 2Second3.15 × 2.75 m

4 pc ensuite · closet · hardwood floor

Dining RoomMain3.75 × 3.65 m

combined w/kitchen · large window · ceramic floor

Primary BedroomSecond3.95 × 3.30 m

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

Bedroom 4Second3.30 × 3.30 m

large window · closet · hardwood floor

Family RoomMain3.05 × 3.30 m

hardwood floor · window

KitchenMain3.30 × 2.90 m

stainless steel appl · granite counters · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.21Mlikely sale price

Listed at $1,249,000. Going by how homes in Cedarwood and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $1.21M, if it sells. A realistic range is $1.13M to $1.36M.

Independent value check: $1.13M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $1.06M and $1.18M).

List price
$1.13MBelow recent closings$1.36MAbove recent closings

Total price vs nearby homes. Likely closing about $1.21M, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$920Kmedian sold price
95%of asking, on average
−13%prices vs a year ago
~42 dayshomes like this take to sell
40days on market so far
$3,354/moest. rent · 5 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 5 semi-detached homes for sale in the area against 6 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 $454/sqft against an area asking average of $504/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $920K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • 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 ($454/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Cedarwood, so I widened the search to the surrounding area.

Based on 6 comparable homes that sold in Cedarwood over the past two years, from 31 closings there.

What sellers nearby are askingCurrently listed nearby in Cedarwood · asking prices
$983kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.13M, which is where my estimate comes from.

Per square foot, these ask about $437/sqft; this home lists at $454/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.25MThis home900k899k1.15MThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Markham: $1.00M in September 2026, down 5% from a year ago, on 173 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M19
November 2025$1.06M14
December 2025$1.04M7
January 2026$1.04M8
February 2026$1.06M5
March 2026$1.04M11
April 2026$1.08M16
May 2026$1.06M19
June 2026$1.04M22
July 2026$1.02M17
August 2026$945K15
September 2026$1.00M20

Neighbourhood & location

Cedarwood, 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.

Bullock
$934K
Village Green-South Unionville
$982K
Cornell
$987K
Wismer
$1.12M

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
$5,693/mo
$234KIncome needed
5.3×Price ÷ income
$1,314Weekly cost
$21,455Land 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 $5,693Property tax $458Total carry $6,151

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,525per month

Mortgage amount $999,200 · 4.49% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$5,983Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,525
Property tax
$458
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,983

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

One-time closing costs

Ontario land transfer tax
$21,455
Estimated closing costs
$21,455

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,687/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

$658,224Total interest paid
$1,657,424Total of all payments
Principal $999,200 Interest $658,224
YearPrincipalInterestBalance
1$22,298$43,999$976,902
2$23,310$42,987$953,592
3$24,369$41,928$929,223
4$25,475$40,822$903,748
5$26,632$39,665$877,116
6$27,841$38,456$849,275
7$29,105$37,192$820,170
8$30,427$35,870$789,744
9$31,808$34,489$757,936
10$33,252$33,045$724,683
11$34,762$31,535$689,921
12$36,340$29,957$653,581
13$37,990$28,307$615,590
14$39,715$26,582$575,875
15$41,519$24,778$534,357
16$43,404$22,893$490,953
17$45,374$20,923$445,579
18$47,435$18,862$398,144
19$49,588$16,709$348,556
20$51,840$14,457$296,716
21$54,193$12,104$242,523
22$56,654$9,643$185,869
23$59,226$7,071$126,642
24$61,916$4,381$64,727
25$64,727$1,570$0

At the end of your 5-year term

Total paid over the term
$331,485
Principal paid down
$122,084
Interest paid
$209,401
Balance remaining
$877,116

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 5 whole-home leases in Cedarwood$3,354/mo
$40,248Gross annual rent
2.3%Cap rate after taxes and upkeep
$2,952 to $3,757Typical 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 5 whole-home leases in Cedarwood signed at a median of $3,354 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,354. 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.

3.2%
Gross yield
− Property tax $5,500− Insurance $1,400− Vacancy & upkeep $4,427Net operating income $28,921

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE IGNITE REALTY. MLS®/PropTx.

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