127 Russell Jarvis Drive, Markham, ON

Legacy, Markham · MLS® N13812570

$1,499,000
For Sale
Listed 27 days agoNo offer date stated
4Bedrooms
4Bathrooms
2Garage · 5 parking
3000-3500Sq ft

About this home

In short

  • Stunning 4 bedroom plus loft, 4 bathroom detached home in the desirable Legacy neighbourhood on a 36.27 x 116.77 ft lot.
  • The open concept main floor features 9 ft ceilings, hardwood floors, crown moulding and LED pot lights throughout, with popcorn ceilings removed for a clean, modern...
  • The primary bedroom includes a 4 piece ensuite and walk-in closet.
  • An expansive third level loft with hardwood flooring and its own 3 piece ensuite offers flexible space, ideal for a fifth bedroom, extended family or a private retreat.
  • Close to parks, schools and a community centre, with quick access to Hwy 407 and Ninth Line.

Stunning 4 bedroom plus loft, 4 bathroom detached home in the desirable Legacy neighbourhood on a 36.27 x 116.77 ft lot. Approximately 3,100 sq. ft. of living space across three levels per floor plan, with extensive updates completed in 2024. The open concept main floor features 9 ft ceilings, hardwood floors, crown moulding and LED pot lights throughout, with popcorn ceilings removed for a clean, modern finish. California shutters throughout. The renovated kitchen showcases granite counters, maple cabinetry, and a centre island with a breakfast area and walkout to the deck, flowing into a family room with a gas fireplace. Swarovski chandeliers accent the main floor, kitchen and loft. All bathrooms are updated with granite countertops and LED pot lighting. The primary bedroom includes a 4 piece ensuite and walk-in closet. An expansive third level loft with hardwood flooring and its own 3 piece ensuite offers flexible space, ideal for a fifth bedroom, extended family or a private retreat. The full unfinished basement offers generous space for storage or future development. Furnace and air conditioner replaced in 2021, roof approximately 2021. Fenced and landscaped backyard with a deck featuring two aluminum gazebos and a 45 inch TV, perfect for entertaining. Attached 2 car garage. Close to parks, schools and a community centre, with quick access to Hwy 407 and Ninth Line. Two virtual tours available, including a 3D Matterport walkthrough.

Key facts

Property type
Detached, 3-Storey
MLS®
N13812570
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
36.27 × 116.77 ft
Cross streets
Highway 407/Ninth Line
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,360 / 2026
Days on market
27
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Family RoomGround4.47 × 4.27 m

hardwood floor · gas fireplace · built-in speakers

Dining RoomGround3.91 × 3.33 m

crown moulding · hardwood floor · pot lights

LoftThird8.23 × 7.34 m

4 pc ensuite · hardwood floor · picture window

Bedroom 4Second3.35 × 3.07 m

hardwood floor · double closet · picture window

Primary BedroomSecond4.52 × 4.27 m

4 pc ensuite · double doors · walk-in closet(s)

Living RoomGround6.22 × 3.90 m

hardwood floor · crown moulding · pot lights

Bedroom 2Second3.67 × 3.45 m

picture window · hardwood floor · double closet

Bedroom 3Second3.51 × 3.38 m

double closet · picture window · hardwood floor

KitchenGround4.75 × 3.68 m

breakfast area · centre island · w/o to deck

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Legacy · asking prices
$1.61Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $550/sqft; this home lists at $461/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.50MThis home1.45M1.42M1.97MThis home vs active comparables

Neighbourhood & location

Legacy, 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
Markham Village
$1.37M
Cornell
$1.36M
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
$6,832/mo
$280KIncome needed
5.4×Price ÷ income
$1,577Weekly cost
$26,455Land 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 $6,832Property tax $530Total carry $7,362

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,631per month

Mortgage amount $1,199,200 · 4.49% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,161Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,631
Property tax
$530
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,161

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

One-time closing costs

Ontario land transfer tax
$26,455
Estimated closing costs
$26,455

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,025/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

$789,975Total interest paid
$1,989,175Total of all payments
Principal $1,199,200 Interest $789,975
YearPrincipalInterestBalance
1$26,761$52,806$1,172,439
2$27,976$51,591$1,144,463
3$29,246$50,321$1,115,217
4$30,574$48,993$1,084,642
5$31,962$47,605$1,052,680
6$33,414$46,153$1,019,266
7$34,931$44,636$984,336
8$36,517$43,050$947,819
9$38,175$41,392$909,644
10$39,908$39,659$869,736
11$41,720$37,847$828,016
12$43,614$35,953$784,402
13$45,595$33,972$738,807
14$47,665$31,902$691,142
15$49,829$29,738$641,314
16$52,091$27,476$589,222
17$54,456$25,111$534,766
18$56,929$22,638$477,837
19$59,514$20,053$418,323
20$62,216$17,351$356,107
21$65,041$14,526$291,066
22$67,994$11,573$223,072
23$71,081$8,486$151,991
24$74,309$5,258$77,682
25$77,682$1,885$0

At the end of your 5-year term

Total paid over the term
$397,835
Principal paid down
$146,520
Interest paid
$251,315
Balance remaining
$1,052,680

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
Estimate$6,300/mo
$75,600Gross annual rent
4.0%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.0%
Gross yield
− Property tax $6,360− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $59,524

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

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