87 William Honey Crescent, Markham, ON

Middlefield, Markham · MLS® N13777368

$1,150,000
For Sale
Listed 7 days agoNo offer date stated
Request a showing
◎ Directions
4+2Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this Originally Owned Beautifully Maintained Detached In a Fantastic Area of Markham.
  • Almost 3000sqft with fully finished basement with 2 bedrooms and full bathroom for your extended family or guests.
  • The backyard extends into a deep Pie-Shaped wide lot With a stunning wrap around deck, allowing you to expand your living into the outdoors, and enjoy gatherings on...

Welcome to this Originally Owned Beautifully Maintained Detached In a Fantastic Area of Markham! Complete Pride of Ownership with a Large Expansive Backyard For Peaceful Summer Evenings! Gleaming Flooring Throughout, Large Bedrooms, Open Living Space and Brand New Kitchen Appliances! Cozy Up To a Warm Fireplace In your Living Room, and Have wonderful gatherings with family and friends in your spacious family room! Almost 3000sqft with fully finished basement with 2 bedrooms and full bathroom for your extended family or guests! A Carpet free home, So no stress over cleanliness and allergies! The backyard extends into a deep Pie-Shaped wide lot With a stunning wrap around deck, allowing you to expand your living into the outdoors, and enjoy gatherings on hot summer nights! You Wont be disappointed in how well the owner has taken care of this beautiful home!

Key facts

Property type
Detached, 2-Storey
MLS®
N13777368
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
24.08 × 167.39 ft
Cross streets
Mccowan/Steeles
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$6,063 / 2026
Days on market
7
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomSecond7.31 × 2.80 m

4 pc ensuite · double closet

DenSecond2.99 × 2.38 m

Hardwood Floor

RecreationBasement3.00 × 2.00 m

Combined w/Kitchen

Bedroom 3Second3.80 × 2.96 m

hardwood floor · closet · large window

BedroomBasement3.00 × 2.00 m

laminate · 3 pc ensuite

Dining RoomGround3.43 × 2.71 m

hardwood floor · combined w/living

Living RoomGround5.99 × 2.99 m

hardwood floor · combined w/dining

KitchenGround5.29 × 2.96 m

ceramic floor · stainless steel appl · w/o to yard

Bedroom 2Second3.74 × 2.45 m

hardwood floor · double closet · 4 pc ensuite

Family RoomGround2.99 × 3.80 m

hardwood floor · window

Bedroom 4Second4.10 × 2.27 m

hardwood floor · closet · window

Our TakeTeam Asgarian · Broker
Below what recent sales support
$1.28Mautomated estimate, from recent sales

Listed at $1,150,000, which is about 10% below what comparable homes suggest.

The usual discount does not apply here. Homes listed this far under their comparable sales often close at or above the ask, so no closing range is shown.

List price
$1.15MBelow recent closings$1.34MAbove recent closings

Total price vs nearby homes. Fair value about $1.28M, learned from recent GTA sales.

The market behind the math:

14sold nearby · 90 days
$1.07Mmedian sold price
102%of asking, on average
−15%prices vs a year ago
~17 dayshomes like this take to sell
7days on market so far
$3,733/moest. rent · 31 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 6 detached homes for sale in the area against 14 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 $549/sqft. Size and $/sqft both feed the estimate above.

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 77 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 highlights2 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Armadale PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 77 comparable homes that sold in Middlefield over the past two years, from 111 closings there.

What sellers nearby are askingCurrently listed nearby in Middlefield · asking prices
$1.31Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $580/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 home1.30M1.35M1.27MThis home vs active comparables

Neighbourhood & location

Middlefield, 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
$1.35M
Box Grove
$1.53M
Unionville
$1.91M
Markham Village
$1.24M
Berczy
$1.57M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Armadale PS
66%
Armadale PSPublic · Elementary · JK-8 · 0.4 km awayBelow the GTA average · 66% meet the provincial standard
Middlefield CIEQAO results not published
Father Michael McgivneyEQAO results not published
Also nearby: 11 more schools within 2.5 km
Coppard Glen Public School · Public elementary0.6 km · 71% at standard
Middlefield Collegiate Institute · Public secondary0.9 km · 79% at standard
Parkland Public School · Public elementary1.0 km · 69% at standard
Markham Gateway Public School · Public elementary1.1 km · 72% at standard
Father Michael McGivney Catholic High School · Catholic secondary1.2 km · 86% at standard
Wilclay Public School · Public elementary1.2 km · 84% at standard
Randall Public School · Public elementary1.2 km · 82% at standard
St Francis Xavier Catholic Elementary School · Catholic elementary1.4 km · 79% at standard
Ellen Fairclough Public School · Public elementary1.5 km · 74% at standard
Cedarwood Public School · Public elementary2.2 km · 77% at standard
Aldergrove Public School · Public elementary2.2 km · 70% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,241/mo
$219KIncome 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.

91%mortgage
Mortgage $5,241Property tax $505Total carry $5,747

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,036per month

Mortgage amount $920,000 · 4.39% over 25 years

$230,000Down payment (20.0%)
$920,000Loan before insurance
$0CMHC premium
$5,541Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,036
Property tax
$505
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,541

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

6.39%Qualifying rate
$6,101/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

$590,753Total interest paid
$1,510,753Total of all payments
Principal $920,000 Interest $590,753
YearPrincipalInterestBalance
1$20,818$39,612$899,182
2$21,742$38,688$877,439
3$22,707$37,723$854,732
4$23,715$36,715$831,017
5$24,768$35,662$806,249
6$25,867$34,563$780,382
7$27,015$33,415$753,367
8$28,214$32,216$725,153
9$29,466$30,964$695,687
10$30,774$29,656$664,913
11$32,140$28,290$632,773
12$33,566$26,864$599,207
13$35,056$25,374$564,151
14$36,612$23,818$527,540
15$38,237$22,194$489,303
16$39,934$20,497$449,369
17$41,706$18,724$407,664
18$43,557$16,873$364,107
19$45,490$14,940$318,617
20$47,509$12,921$271,108
21$49,617$10,813$221,490
22$51,820$8,611$169,671
23$54,119$6,311$115,551
24$56,521$3,909$59,030
25$59,030$1,400$0

At the end of your 5-year term

Total paid over the term
$302,151
Principal paid down
$113,751
Interest paid
$188,399
Balance remaining
$806,249

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 31 whole-home leases in Middlefield$3,733/mo
$44,796Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,392 to $3,920Typical rent range
~28 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 31 whole-home leases in Middlefield signed at a median of $3,456 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,733. 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 $6,063− Insurance $1,400− Vacancy & upkeep $4,928Net operating income $32,405

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

CallRequest a showing