21 Rennie Avenue, Markham, ON

Box Grove, Markham · MLS® N13780746

$1,659,000
For Sale
Listed 35 days agoNo offer date stated
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◎ Directions
4+1Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Welcome To One Of The Most Prestigious Communities, Box Grove.
  • Perfectly Located Close To The Amenities Every Family Needs, 21 Rennie Ave.
  • This Impressive Manchester Model By Arista Homes Features 4 Large Bedrooms, Over 4,500 Sq Ft Of Living Space, A Finished Basement (2022), And Hardwood Flooring...
  • The True Showstopper Is The Stunning Family Room, Featuring A Dramatic 17-Ft Soaring Ceiling And Open-To-Above Design, Creating An Incredible Sense Of Space And...
  • The Renovated Kitchen Features Quartz Countertops, Large-Format Tiles, Abundant Cabinetry, And A Spacious Breakfast Area Perfect For Everyday Family Living And...

Welcome To One Of The Most Prestigious Communities, Box Grove! Perfectly Located Close To The Amenities Every Family Needs, 21 Rennie Ave. Offers An Exceptional Combination Of Space, Style, And Functionality. This Impressive Manchester Model By Arista Homes Features 4 Large Bedrooms, Over 4,500 Sq Ft Of Living Space, A Finished Basement (2022), And Hardwood Flooring Throughout. Thoughtfully Upgraded And Meticulously Maintained, This Home Offers A Long List Of Tasteful Improvements (Please See Attached Feature Sheet). The Full-Brick Exterior, Beautifully Maintained Curb Appeal, And Elegant Double-Door Entry Create An Impressive First Impression. Inside, 9-Ft Ceilings Lead Into A Spacious And Functional Foyer. The Main Floor Features A Dedicated Office, Offering The Flexibility To Be Converted Into A Main-Floor Bedroom With Ensuite Bath Perfect For Multi-Generational Living Or Guests. The True Showstopper Is The Stunning Family Room, Featuring A Dramatic 17-Ft Soaring Ceiling And Open-To-Above Design, Creating An Incredible Sense Of Space And Filling The Home With Natural Light. The Renovated Kitchen Features Quartz Countertops, Large-Format Tiles, Abundant Cabinetry, And A Spacious Breakfast Area Perfect For Everyday Family Living And Entertaining. Upstairs, Four Generously Sized Bedrooms Are Complemented By Three Full Bathrooms (2022). The Luxurious Primary Retreat Features Double Sinks, A Large Glass Standing Shower, And Spacious Walk-In Closets With Built-In Shelving. Ideally Located Near Top York Region Schools And Just Minutes From Highway 407, This Home Is Also Within Walking Distance To Walmart, Longo's, Major Banks, Restaurants, And Rexall Pharmacy.

Key facts

Property type
Detached, 2-Storey
MLS®
N13780746
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
45.98 × 91.81 ft
Cross streets
Ninth Line & Copper Creek Dr
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,219 / 2025
Days on market
35
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Media RoomBasement8.84 × 3.96 m

laminate · open concept

Dining RoomMain5.49 × 4.27 m

hardwood floor · pot lights · combined w/living

Family RoomMain4.88 × 4.51 m

hardwood floor · open concept · window floor to ceiling

Bedroom 4Second5.85 × 3.35 m

hardwood floor · closet · semi ensuite

KitchenMain4.15 × 3.17 m

tile floor · centre island · stainless steel appl

LibraryMain3.84 × 2.74 m

hardwood floor · pot lights · window

Bedroom 2Second3.66 × 3.47 m

hardwood floor · closet · 4 pc ensuite

RecreationBasement13.11 × 5.49 m

laminate · combined w/kitchen · open concept

Primary BedroomSecond6.58 × 3.96 m

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

KitchenBasement13.11 × 5.49 m

laminate · open concept

Bedroom 3Second3.96 × 3.66 m

hardwood floor · closet · semi ensuite

Living RoomMain5.49 × 4.27 m

hardwood floor · pot lights · combined w/dining

BedroomBasement3.05 × 2.13 m

laminate · closet

BreakfastMain4.21 × 3.78 m

tile floor · open concept · w/o to yard

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.61Mlikely sale price

Listed at $1,659,000. Going by how homes in Box Grove and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $1.61M, if it sells. A realistic range is $1.51M to $1.82M.

Independent value check: $1.44M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.35M and $1.51M).

Why $1.44M. The typical detached home sold in Box Grove over the past year went for about $1.33M (42 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,219 a year; the typical home sold here pays about $6,300.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.51MBelow recent closings$1.82MAbove recent closings

Total price vs nearby homes. Likely closing about $1.61M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$1.24Mmedian sold price
96%of asking, on average
−14%prices vs a year ago
~25 dayshomes like this take to sell
35days on market so far
$4,084/moest. rent · 16 leases
3.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 9 detached homes for sale in the area against 12 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 $510/sqft against an area asking average of $557/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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.55M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($510/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 12 comparable homes that sold in Box Grove over the past two years, from 68 closings there.

What sellers nearby are askingCurrently listed nearby in Box Grove · asking prices
$1.62Mavg 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 $517/sqft; this home lists at $510/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.66MThis home1.55M1.27M2.00M1.66MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 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$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Box Grove, 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
$1.36M
Markham Village
$1.37M
Bullock
$1.10M
Raymerville
$1.68M

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
$7,561/mo
$310KIncome needed
5.4×Price ÷ income
$1,745Weekly cost
$29,655Land 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 $7,561Property tax $602Total carry $8,163

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

years
years (your rate-locked period)
$7,338per month

Mortgage amount $1,327,200 · 4.49% over 25 years

$331,800Down payment (20.0%)
$1,327,200Loan before insurance
$0CMHC premium
$7,940Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,338
Property tax
$602
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,940

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

One-time closing costs

Ontario land transfer tax
$29,655
Estimated closing costs
$29,655

Plus your down payment of $331,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,882/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

$874,295Total interest paid
$2,201,495Total of all payments
Principal $1,327,200 Interest $874,295
YearPrincipalInterestBalance
1$29,617$58,442$1,297,583
2$30,962$57,098$1,266,620
3$32,368$55,692$1,234,252
4$33,838$54,222$1,200,415
5$35,374$52,686$1,165,041
6$36,980$51,080$1,128,061
7$38,659$49,401$1,089,401
8$40,414$47,645$1,048,987
9$42,249$45,810$1,006,737
10$44,168$43,892$962,570
11$46,173$41,887$916,397
12$48,270$39,790$868,127
13$50,461$37,599$817,666
14$52,752$35,307$764,913
15$55,148$32,912$709,766
16$57,651$30,408$652,114
17$60,269$27,791$591,845
18$63,005$25,054$528,840
19$65,866$22,194$462,974
20$68,857$19,203$394,117
21$71,983$16,077$322,134
22$75,251$12,808$246,882
23$78,668$9,392$168,214
24$82,240$5,820$85,974
25$85,974$2,086$0

At the end of your 5-year term

Total paid over the term
$440,299
Principal paid down
$162,159
Interest paid
$278,140
Balance remaining
$1,165,041

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 16 whole-home leases in Box Grove$4,084/mo
$49,008Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,856 to $4,300Typical 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 16 whole-home leases in Box Grove signed at a median of $3,502 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,084. 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.

3.0%
Gross yield
− Property tax $7,219− Insurance $1,400− Vacancy & upkeep $5,391Net operating income $34,998

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

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