11 Bishop Crescent, Markham, ON

Markham Village, Markham · MLS® N13795022

$1,188,800
For Sale
Listed 29 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • PRIDE OF OWNERSHIP SHINES AT 11 BISHOP CRESCENT.
  • This beautifully maintained 3+1-bedroom, four-bathroom home offers over 2,400 sq. ft. of total living space, including approximately 1,822 sq. ft. above grade (per...
  • The bright, beautifully designed open-concept kitchen features white cabinetry, a contrasting centre island with breakfast-bar seating and pot lights.
  • Upstairs, three generously sized bedrooms include a spacious primary bedroom with a three-piece ensuite.
  • The finished basement extends the living space with a large recreation room, a fourth bedroom and another three-piece bathroom, offering flexibility for guests...

PRIDE OF OWNERSHIP SHINES AT 11 BISHOP CRESCENT! Enjoy a mature crescent setting in sought-after Markham Village, with the shops and restaurants of Historic Main Street Markham close to home. This beautifully maintained 3+1-bedroom, four-bathroom home offers over 2,400 sq. ft. of total living space, including approximately 1,822 sq. ft. above grade (per MPAC) and a finished basement. The bright, beautifully designed open-concept kitchen features white cabinetry, a contrasting centre island with breakfast-bar seating and pot lights. The spacious adjoining dining area is ideal for everyday meals and gathering with friends and family, while a dual walkout to the landscaped backyard and interlocking patio makes outdoor entertaining easy. A separate living room with a wood-burning fireplace provides a welcoming place to unwind. Upstairs, three generously sized bedrooms include a spacious primary bedroom with a three-piece ensuite. The finished basement extends the living space with a large recreation room, a fourth bedroom and another three-piece bathroom, offering flexibility for guests, hobbies or a home office. An attached two-car garage and four driveway spaces provide parking for six vehicles. Updates include the furnace (2024), central air conditioning (2020), garage and front doors (2021), select windows (2021) and roof shingles (2015), as reported by the sellers. With parks, schools and Markham GO Station nearby, enjoy everyday convenience alongside the charm of historic Main Street. A home you'll be proud to own, with room to grow, space to entertain and the best of Markham Village close to your doorstep.

Key facts

Property type
Detached, 2-Storey
MLS®
N13795022
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
35.15 × 108.83 ft
Cross streets
Bishop Crescent and Fincham Avenue
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,648 / 2026
Days on market
29
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Primary BedroomSecond3.73 × 6.40 m

3 pc ensuite · broadloom

FoyerGround3.43 × 1.60 m

Hardwood Floor

Bedroom 2Second3.73 × 4.50 m

closet · broadloom

KitchenGround5.87 × 3.35 m

hardwood floor · w/o to yard

BathroomSecond2.69 × 1.45 m

3 Pc Ensuite

BathroomSecond2.69 × 1.50 m

4 Pc Bath

BathroomBasement1.98 × 1.98 m

3 Pc Ensuite

Bedroom 3Second3.28 × 4.95 m

closet · broadloom

BedroomBasement3.91 × 3.02 m

closet · broadloom

RecreationBasement5.49 × 6.10 m

gas fireplace · broadloom

Powder RoomGround1.78 × 0.89 m

2 Pc Bath

Dining RoomGround5.49 × 3.35 m

hardwood floor · w/o to yard

Living RoomGround4.42 × 3.73 m

hardwood floor · brick fireplace

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.16Mlikely sale price

Listed at $1,188,800. Going by how homes in Markham Village and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $1.16M, if it sells. A realistic range is $1.09M to $1.31M.

Independent value check: $1.04M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $977K and $1.09M).

Why $1.04M. The typical detached home sold in Markham Village over the past year went for about $1.26M (94 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,648 a year; the typical home sold here pays about $5,800.
  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.09MBelow recent closings$1.31MAbove recent closings

Total price vs nearby homes. Likely closing about $1.16M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.18Mmedian sold price
98%of asking, on average
−11%prices vs a year ago
~20 dayshomes like this take to sell
29days on market so far
$3,838/moest. rent · 9 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 10 detached homes for sale in the area against 22 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 $679/sqft against an area asking average of $582/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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.06M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 22 comparable homes that sold in Markham Village over the past two years, from 167 closings there.

What sellers nearby are askingCurrently listed nearby in Markham Village · asking prices
$1.20Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.04M, which is where my estimate comes from.

Per square foot, these ask about $584/sqft; this home lists at $679/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.19MThis home999k999k1.51M1.29M1.20MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham Village: $1.14M in September 2026, down 7% from a year ago, on 91 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.22M10
November 2025$1.38M11
December 2025$1.27M6
February 2026$1.38M7
March 2026$1.26M10
April 2026$1.25M9
May 2026$1.60M11
June 2026$1.08M9
August 2026$1.22M10
September 2026$1.14M8

Neighbourhood & location

Markham Village, 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.

Wismer
$1.39M
Greensborough
$1.20M
Sherwood-Amberglen
$1.18M
Cornell
$1.34M
Markville
$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
$5,418/mo
$221KIncome needed
5.4×Price ÷ income
$1,250Weekly cost
$20,251Land 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 $5,418Property tax $387Total carry $5,806

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,258per month

Mortgage amount $951,040 · 4.49% over 25 years

$237,760Down payment (20.0%)
$951,040Loan before insurance
$0CMHC premium
$5,646Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,258
Property tax
$387
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,646

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

One-time closing costs

Ontario land transfer tax
$20,251
Estimated closing costs
$20,251

Plus your down payment of $237,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,365/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

$626,499Total interest paid
$1,577,539Total of all payments
Principal $951,040 Interest $626,499
YearPrincipalInterestBalance
1$21,223$41,878$929,817
2$22,187$40,915$907,630
3$23,194$39,907$884,436
4$24,247$38,854$860,189
5$25,348$37,753$834,840
6$26,499$36,602$808,341
7$27,702$35,399$780,639
8$28,960$34,142$751,679
9$30,275$32,827$721,404
10$31,650$31,452$689,755
11$33,087$30,015$656,668
12$34,589$28,513$622,079
13$36,159$26,942$585,920
14$37,801$25,300$548,119
15$39,517$23,584$508,601
16$41,312$21,790$467,290
17$43,187$19,914$424,102
18$45,148$17,953$378,954
19$47,198$15,903$331,756
20$49,341$13,760$282,415
21$51,581$11,520$230,833
22$53,923$9,178$176,910
23$56,372$6,730$120,538
24$58,931$4,170$61,607
25$61,607$1,495$0

At the end of your 5-year term

Total paid over the term
$315,508
Principal paid down
$116,200
Interest paid
$199,308
Balance remaining
$834,840

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 9 whole-home leases in Markham Village$3,838/mo
$46,056Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,531 to $4,145Typical 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 9 whole-home leases in Markham Village signed at a median of $4,118 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,838. 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 $4,648− Insurance $1,400− Vacancy & upkeep $5,066Net operating income $34,942

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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