37 Andress Way, Markham, ON

Cedarwood, Markham · MLS® N13779738

$998,900
For Sale
Listed 35 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 2 parking
2500-3000Sq ft

About this home

In short

  • Welcome To This Beautiful, Luxury Conner Townhouse By Fair Tree.
  • 4 Bedrooms & 4 Washrooms.
  • Luxurious Finishes, Open-Concept Layout W/9 Feet Ceiling On Both Ground Floor & 2Nd Floor.
  • Upgraded Tiles & Hardwood Floor Throughout.
  • Master Bedroom With Walk-In Closet & 5Pc Ensuite.

Welcome To This Beautiful, Luxury Conner Townhouse By Fair Tree. 4 Bedrooms & 4 Washrooms. Luxurious Finishes, Open-Concept Layout W/9 Feet Ceiling On Both Ground Floor & 2Nd Floor. 2 Balconies & 1 Deck. Upgraded Tiles & Hardwood Floor Throughout. Oak Stairs W/ Elegant Wrought Iron Pickets. Lots Of Large Windows.. Modern Kitchen W/ Quartz Counter & Upgrades S/S Appliances. Kitchen Island W/ Breakfast Bar. Breakfast Area Offers W/O To Large Balcony. Spacious Living And Dinning Room. Lots Of Space To Enjoy & Entertain. Master Bedroom With Walk-In Closet & 5Pc Ensuite. Bedroom & Full Washroom On 1St Floor & Large Windows. Rough-In For Basement Washroom. New YRT Bus Stop At Denison St & Kirkham Dr. Easy Access To HWY 407 & 401, Golf Course, Schools, Parks, Costco/Walmart/Canadian Tire/Home Depot And All Major Banks. High-Ranking Schools: Milliken Mills High School (IB), Bill Hogarth Secondary School (FI), Middlefield Collegiate Institute, St. Benedict Catholic Elementary School, Cedarwood Public School Don't Miss It! Come & See. ***

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13779738
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
65.29 × 69.61 ft
Cross streets
Markham Rd/Denison St
Parking
1 garage · 2 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,413 / 2026
Days on market
35
Listing brokerage
HOMELIFE/FUTURE REALTY INC.
Our TakeTeam Asgarian · Broker
Below what recent sales support
$1.10Mautomated estimate, from recent sales

Listed at $998,900, about 9% below our estimate of $1.10M (homes like it typically land between $1.03M and $1.15M).

Why $1.10M. The typical townhouse sold in Cedarwood over the past year went for about $1.00M (16 sales). What sets this one apart:

  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises itIts lot is 65 by 70 ft; the typical lot sold here is 20 by 88.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $5,413 a year; the typical home sold here pays about $4,600.
List price
$999KBelow our range$1.15MAbove our range

Total price vs nearby homes. Fair value about $1.10M, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
35days on market so far
$3,677/moest. rent · 5 leases
4.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $363/sqft against an area asking average of $546/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $971K. 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
  • 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 Cedarwood, so I widened the search to the surrounding area.

Based on 7 homes sold on this street over the past two years, from 28 closings in Cedarwood.

What sellers nearby are askingCurrently listed nearby in Cedarwood · asking prices
$969kavg 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 $1.10M, which is where my estimate comes from.

Per square foot, these ask about $512/sqft; this home lists at $363/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
999kThis home1.11M999k799kThis 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

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.

Middlefield
$985K
Cedar Grove
$853K
Village Green-South Unionville
$995K
Cornell
$927K
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
$4,553/mo
$191KIncome needed
5.2×Price ÷ income
$1,051Weekly cost
$16,453Land 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 $4,553Property tax $451Total carry $5,004

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)
$4,418per month

Mortgage amount $799,120 · 4.49% over 25 years

$199,780Down payment (20.0%)
$799,120Loan before insurance
$0CMHC premium
$4,870Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,418
Property tax
$451
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,870

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

One-time closing costs

Ontario land transfer tax
$16,453
Estimated closing costs
$16,453

Plus your down payment of $199,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,421Total interest paid
$1,325,541Total of all payments
Principal $799,120 Interest $526,421
YearPrincipalInterestBalance
1$17,833$35,189$781,287
2$18,643$34,379$762,644
3$19,489$33,533$743,155
4$20,374$32,648$722,781
5$21,299$31,723$701,482
6$22,266$30,756$679,216
7$23,277$29,745$655,939
8$24,334$28,688$631,605
9$25,439$27,583$606,166
10$26,594$26,428$579,573
11$27,801$25,220$551,771
12$29,064$23,958$522,708
13$30,383$22,638$492,325
14$31,763$21,259$460,562
15$33,205$19,817$427,357
16$34,712$18,309$392,644
17$36,289$16,733$356,356
18$37,936$15,085$318,420
19$39,659$13,363$278,761
20$41,459$11,562$237,302
21$43,342$9,680$193,960
22$45,310$7,712$148,650
23$47,367$5,655$101,283
24$49,518$3,504$51,766
25$51,766$1,256$0

At the end of your 5-year term

Total paid over the term
$265,108
Principal paid down
$97,638
Interest paid
$167,471
Balance remaining
$701,482

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$3,677/mo
$44,124Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,235 to $4,118Typical 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 $3,445 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,677. 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.

4.4%
Gross yield
− Property tax $5,413− Insurance $1,400− Vacancy & upkeep $4,854Net operating income $32,458

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

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