51 Leighland Drive, Markham, ON

Unionville, Markham · MLS® N13817146

$1,588,000
For Sale
Listed 23 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • Absolutely Stunning Approx.
  • The Luxurious Primary Retreat Offers A 5-Pc Ensuite, Private Sitting Area & Two Walk-In Closets.
  • Professionally Finished Basement Provides Exceptional Additional Living Space Featuring A Huge Recreation Room, 3-Pc Bathroom & Two Guest Rooms, Ideal For Extended...
  • Brand New Furnace & Air Conditioner (2026), Plus New Washer & Dryer (2026).
  • Minutes To GO Station, Hwy 7, 404 & 407.

Absolutely Stunning Approx. 3,000 Sq.Ft. Detached Home In One Of Unionville's Most Highly Sought-After, Family-Friendly Neighbourhoods! Offering Over 3,600 Sq.Ft. Of Total Living Space Including A Professionally Finished Basement, This Beautifully Maintained Double-Garage Home Features Desirable South Exposure, Filling The Interior With Abundant Natural Light Throughout The Day! Grand Foyer With Elegant French Double Doors & Skylight Creates A Bright & Welcoming Entrance. Spacious Gourmet Kitchen Features Stainless Steel Appliances, Ample Cabinetry & A Generous Breakfast Area With Walkout To The Backyard Patio, Perfect For Everyday Family Living & Entertaining! The Luxurious Primary Retreat Offers A 5-Pc Ensuite, Private Sitting Area & Two Walk-In Closets. Professionally Finished Basement Provides Exceptional Additional Living Space Featuring A Huge Recreation Room, 3-Pc Bathroom & Two Guest Rooms, Ideal For Extended Family, Home Office Or Guests! Beautiful Professional Landscaping, Interlock Driveway With Parking For 3 Cars & Convenient Direct Access From The Double Garage Into The Home! Brand New Furnace & Air Conditioner (2026), Plus New Washer & Dryer (2026)! Exceptional Location Within Walking Distance To Highly Ranked St. Justin Martyr C.S., Coledale P.S. & Unionville H.S., With Convenient Access To St. Augustine C.H.S. Close To T&T Supermarket, Shopping, Restaurants, Parks & Vibrant Downtown Markham! Minutes To GO Station, Hwy 7, 404 & 407! A Rare Opportunity To Enjoy Exceptional Space, Comfort & Convenience In The Heart Of Unionville! Brand New Furnace & Air Conditioner (2026), New Washer & Dryer (2026), Water Softener & Water Purifier.

Key facts

Property type
Detached, 2-Storey
MLS®
N13817146
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
50.06 × 123.26 ft
Cross streets
16th Ave & Warden
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$8,328 / 2026
Days on market
23
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Bedroom 4Second3.25 × 3.15 m

broadloom · large closet · colonial doors

DenGround3.65 × 3.05 m

hardwood floor · colonial doors

Living RoomGround5.20 × 3.65 m

combined w/dining · laminate · picture window

Bedroom 2Second4.35 × 3.65 m

broadloom · large closet · colonial doors

KitchenGround5.20 × 4.40 m

family size kitchen · combined w/br · w/o to deck

Dining RoomGround4.15 × 3.70 m

combined w/living · laminate · glass doors

Primary BedroomSecond5.45 × 3.65 m

4 pc ensuite · walk-in closet(s) · south view

Bedroom 3Second4.00 × 3.65 m

broadloom · large closet · colonial doors

Family RoomGround5.40 × 3.95 m

fireplace · south view · w/o to deck

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.56Mlikely sale price

Listed at $1,588,000. Going by how homes in Unionville and the wider GTA have actually closed against their asking prices (about 98%, 38 local closings in 90 days), the likely sale price is near $1.56M, if it sells. A realistic range is $1.46M to $1.76M.

Independent value check: $1.67M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $1.56M and $1.75M).

Why $1.67M. The typical detached home sold in Unionville over the past year went for about $1.68M (127 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.46MBelow recent closings$1.76MAbove recent closings

Total price vs nearby homes. Likely closing about $1.56M, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$1.68Mmedian sold price
99%of asking, on average
−3%prices vs a year ago
~18 dayshomes like this take to sell
23days on market so far
$4,426/moest. rent · 83 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 20 detached homes for sale in the area against 38 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 $577/sqft against an area asking average of $669/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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.56M. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 38 comparable homes that sold in Unionville over the past two years, from 230 closings there.

Sold price trend

Median sold price for detached homes in Unionville: $1.70M in September 2026, down 7% from a year ago, on 126 closings in 11 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$1.76M8
November 2025$1.84M9
December 2025$1.78M9
January 2026$1.63M10
March 2026$1.68M12
April 2026$1.59M19
May 2026$1.69M9
June 2026$1.75M16
July 2026$1.73M5
August 2026$1.60M19
September 2026$1.70M10

Neighbourhood & location

Unionville, 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.

Angus Glen
$1.66M
Berczy
$1.70M
Markville
$1.00M
Milliken Mills West
$1.40M
Milliken Mills East
$1.48M

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
$7,238/mo
$301KIncome needed
5.3×Price ÷ income
$1,670Weekly cost
$28,235Land 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 $7,238Property tax $694Total carry $7,932

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

years
years (your rate-locked period)
$7,024per month

Mortgage amount $1,270,400 · 4.49% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$7,718Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,024
Property tax
$694
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,718

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

One-time closing costs

Ontario land transfer tax
$28,235
Estimated closing costs
$28,235

Plus your down payment of $317,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,502/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

$836,878Total interest paid
$2,107,278Total of all payments
Principal $1,270,400 Interest $836,878
YearPrincipalInterestBalance
1$28,350$55,941$1,242,050
2$29,637$54,654$1,212,413
3$30,983$53,308$1,181,430
4$32,390$51,902$1,149,041
5$33,860$50,431$1,115,181
6$35,398$48,894$1,079,783
7$37,005$47,286$1,042,778
8$38,685$45,606$1,004,094
9$40,441$43,850$963,652
10$42,277$42,014$921,375
11$44,197$40,094$877,178
12$46,204$38,087$830,974
13$48,302$35,989$782,672
14$50,495$33,796$732,178
15$52,787$31,504$679,390
16$55,184$29,107$624,206
17$57,690$26,601$566,516
18$60,309$23,982$506,207
19$63,047$21,244$443,160
20$65,910$18,381$377,250
21$68,903$15,389$308,347
22$72,031$12,260$236,317
23$75,301$8,990$161,015
24$78,720$5,571$82,295
25$82,295$1,996$0

At the end of your 5-year term

Total paid over the term
$421,456
Principal paid down
$155,219
Interest paid
$266,236
Balance remaining
$1,115,181

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 83 whole-home leases in Unionville$4,426/mo
$53,112Gross annual rent
2.4%Cap rate after taxes and upkeep
$4,204 to $4,683Typical rent range
~36 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 83 whole-home leases in Unionville signed at a median of $4,219 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,426. 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.

3.3%
Gross yield
− Property tax $8,328− Insurance $1,400− Vacancy & upkeep $5,842Net operating income $37,542

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

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