73 Cathedral High Street, Markham, ON

Cathedraltown, Markham · MLS® N13768698

$1,149,999
For Sale
Listed 39 days agoNo offer date stated
3Bedrooms
4Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About this home

In short

  • Please Click The Video Tour Welcome to 73 Cathedral High.
  • There's Also An Oversized 2-Pc Powder Room.
  • The Residential Unit Features An Open Concept Layout for Optimal Living With No Wasted Space.
  • The Dark Hardwood Floors and Gas Fireplace Help Transform the Room into a Cozy Living Space.
  • The Primary Bedroom Features a 4 Pc En-suite Bath, Walk-In Closet and a Balcony.

**Please Click The Video Tour** Welcome to 73 Cathedral High. A Rarely Offered End Unit Townhouse with Both Residential and Commercial Units. 2,359 Sq. Ft Above Grade. The Commercial Space (Approx. 488 Sq. Ft) Features A Large Open Area With Drywall, Light Fixture and Electrical Outlets Already Installed. There's Also An Oversized 2-Pc Powder Room. This Store Front Has Large Windows on the Front and Side to Allow for Maximum Natural Sunlight. Perfect for An Office, Coffee Shop, Retail, Salon, etc. The Residential Unit Features An Open Concept Layout for Optimal Living With No Wasted Space. The Living and Dining Room Has 4 Large Windows Bringing In Tons of Sunlight. The Dark Hardwood Floors and Gas Fireplace Help Transform the Room into a Cozy Living Space. The Large Modern Kitchen/Breakfast Area Features Quartz Counter tops, Ceramic Floors, And Ample Storage Space. There's Also a Bonus Pantry/Storage Area Below the Staircase. Walkout to a Massive Outdoor Deck for Entertaining Guests. The Primary Bedroom Features a 4 Pc En-suite Bath, Walk-In Closet and a Balcony. Bedrooms 2 and 3 are Spacious with Large Windows and Closets. Conveniently Located Near Top Schools, Parks, Plazas, Restaurants, Shops, Highway 404, etc. This Well Maintained, Move-In Ready Home Is Perfect For Anyone Looking to Start Their Own Business or Someone Looking For Additional Rental Income.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13768698
Bedrooms
3
Bathrooms
4 (2 half)
Size
2000-2500 sq ft
Lot
22.44 × 80.22 ft
Cross streets
Woodbine/Major Mackenzie
Parking
1 garage · 2 parking (attached)
Driveway
Private
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,326 / 2026
Days on market
39
Listing brokerage
WORLD CLASS REALTY POINT

Rooms

Primary BedroomUpper4.95 × 3.50 m

4 pc ensuite · walk-in closet(s) · w/o to balcony

OfficeGround6.72 × 5.89 m

open concept · large window · 2 pc bath

Living RoomMain4.63 × 3.47 m

combined w/dining · gas fireplace · hardwood floor

KitchenMain4.77 × 3.70 m

centre island · w/o to deck · tile floor

Bedroom 3Upper3.47 × 2.53 m

large closet · large window · broadloom

Dining RoomMain4.77 × 4.37 m

combined w/living · large window · hardwood floor

Bedroom 2Upper4.57 × 3.26 m

double closet · large window · broadloom

Our TakeTeam Asgarian · Broker
In line with recent sales
$1.21Mautomated estimate, from recent sales

Listed at $1,149,999, about 5% below our estimate of $1.21M (homes like it typically land between $1.13M and $1.27M).

Why $1.21M. The typical townhouse sold in Cathedraltown over the past year went for about $1.16M (24 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,326 a year; the typical home sold here pays about $5,300.
List price
$1.13MBelow our range$1.27MAbove our range

Total price vs nearby homes. Fair value about $1.21M, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
39days on market so far
$3,538/moest. rent · 15 leases
3.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 townhouse homes for sale in the area against 3 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 $511/sqft against an area asking average of $520/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 39 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.29M. 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 39 comparable homes that sold in Cathedraltown over the past two years, from 53 closings there.

What sellers nearby are askingCurrently listed nearby in Cathedraltown · asking prices
$1.07Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.21M, which is where my estimate comes from.

Per square foot, these ask about $520/sqft; this home lists at $511/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.15MThis home1.01M1.09M1.10MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 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$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

Neighbourhood & location

Cathedraltown, 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.

Victoria Square
$1.08M
Angus Glen
$1.26M
Unionville
$1.40M
Berczy
$935K
Wismer
$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
$5,241/mo
$223KIncome needed
5.2×Price ÷ income
$1,210Weekly cost
$19,475Land 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.

90%mortgage
Mortgage $5,241Property tax $610Total carry $5,852

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,087per month

Mortgage amount $919,999 · 4.49% over 25 years

$230,000Down payment (20.0%)
$919,999Loan before insurance
$0CMHC premium
$5,697Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,087
Property tax
$611
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,697

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

One-time closing costs

Ontario land transfer tax
$19,475
Estimated closing costs
$19,475

Plus your down payment of $230,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,157/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

$606,051Total interest paid
$1,526,050Total of all payments
Principal $919,999 Interest $606,051
YearPrincipalInterestBalance
1$20,530$40,512$899,469
2$21,463$39,579$878,006
3$22,437$38,605$855,569
4$23,456$37,586$832,113
5$24,521$36,521$807,592
6$25,634$35,408$781,958
7$26,798$34,244$755,160
8$28,015$33,027$727,145
9$29,287$31,755$697,858
10$30,617$30,425$667,242
11$32,007$29,035$635,235
12$33,460$27,582$601,775
13$34,979$26,063$566,796
14$36,567$24,475$530,229
15$38,228$22,814$492,001
16$39,963$21,079$452,038
17$41,778$19,264$410,260
18$43,675$17,367$366,586
19$45,658$15,384$320,928
20$47,731$13,311$273,197
21$49,898$11,144$223,299
22$52,163$8,879$171,136
23$54,532$6,510$116,604
24$57,008$4,034$59,596
25$59,596$1,446$0

At the end of your 5-year term

Total paid over the term
$305,210
Principal paid down
$112,407
Interest paid
$192,803
Balance remaining
$807,592

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 15 whole-home leases in Cathedraltown$3,538/mo
$42,456Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,302 to $3,736Typical rent range
~19 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 15 whole-home leases in Cathedraltown signed at a median of $3,153 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,538. 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.

3.7%
Gross yield
− Property tax $7,326− Insurance $1,400− Vacancy & upkeep $4,670Net operating income $29,060

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

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