9 Pavillion Street, Markham, ON

Unionville, Markham · MLS® N13817422

$2,350,000
For Sale
Listed 23 days agoNo offer date stated
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5+3Bedrooms
6Bathrooms
2Garage · 10 parking
3500-5000Sq ft

About this home

In short

  • Spectacular Custom Built Home In Coveted Historic Unionville, Steps From Main Street.
  • 3,700 Sq Feet On A Large Manicured Lot.
  • Granite And Hardwood Are Found Throughout; Soaring 9 Foot Ceilings On Both Levels.
  • Two Staircases Lead To Second Level Which Boasts 5+3 Bedrooms & 6 baths, And A Bonus Sitting Room.
  • The finished basement provides generous additional living space-ideal for recreation, entertaining, or extended family use.

Spectacular Custom Built Home In Coveted Historic Unionville, Steps From Main Street. Exterior Is Finished In Antique Brick, With Covered Wrap Around Porches. This Home Boasts Approx. 3,700 Sq Feet On A Large Manicured Lot. A Large Skylight Sheds Natural Light On An Open Oak Staircase. Granite And Hardwood Are Found Throughout; Soaring 9 Foot Ceilings On Both Levels. Two Staircases Lead To Second Level Which Boasts 5+3 Bedrooms & 6 baths, And A Bonus Sitting Room. The finished basement provides generous additional living space-ideal for recreation, entertaining, or extended family use. Highly-Coveted Unionville High School Zone! Minutes from Hwy 407 & 404, Steps To Historic Unionville Main Street, Too Good Pond Park, Shopping Malls, All Popular Restaurants, YRT, Supermarkets, Schools, Library, City of Markham and So Many More!! Really Can't Miss It!!

Key facts

Property type
Detached, 2-Storey
MLS®
N13817422
Bedrooms
5+3 (8 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
66 × 146.6 ft
Cross streets
Hwy 7 & Main St. Unionville
Parking
2 garage · 10 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,483 / 2026
Days on market
23
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Dining RoomMain5.20 × 3.38 m

hardwood floor · formal rm · large window

Living RoomMain5.09 × 3.38 m

hardwood floor · formal rm · large window

Primary BedroomSecond5.66 × 3.67 m

hardwood floor · 6 pc ensuite · walk-in closet(s)

Bedroom 2Second3.99 × 3.77 m

hardwood floor · semi ensuite · large closet

Bedroom 3Second3.67 × 3.62 m

hardwood floor · semi ensuite · large window

Family RoomMain4.28 × 3.99 m

hardwood floor · combined w/dining · overlooks garden

Bedroom 5Second3.67 × 3.05 m

hardwood floor · semi ensuite · closet

SittingSecond5.88 × 4.62 m

hardwood floor · sunken room · combined w/primary

KitchenMain7.16 × 3.56 m

granite floor · modern kitchen · eat-in kitchen

DenMain3.38 × 3.38 m

hardwood floor · window

Bedroom 4Second3.70 × 3.07 m

hardwood floor · semi ensuite · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.31Mlikely sale price

Listed at $2,350,000. 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 $2.31M, if it sells. A realistic range is $2.16M to $2.60M.

Independent value check: $2.08M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.95M and $2.18M).

Why $2.08M. The typical detached home sold in Unionville over the past year went for about $1.68M (127 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,483 a year; the typical home sold here pays about $8,700.
  • ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises it slightlyIts lot is 66 by 147 ft; the typical lot sold here is 50 by 125.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$2.16MBelow recent closings$2.60MAbove recent closings

Total price vs nearby homes. Likely closing about $2.31M, 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
$5,760/moest. rent · 9 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 9 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 $553/sqft against an area asking average of $768/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 $2.01M. 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
  • 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 ($553/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Unionville, so I widened the search to the surrounding area.

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

What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$2.63Mavg 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 $2.08M, which is where my estimate comes from.

Per square foot, these ask about $696/sqft; this home lists at $553/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.35MThis home2.10M2.90M2.15M3.38MThis home vs active comparables

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.

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

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
$10,711/mo
$438KIncome needed
5.4×Price ÷ income
$2,472Weekly cost
$45,225Land 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.

92%mortgage
Mortgage $10,711Property tax $874Total carry $11,584

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)
$10,395per month

Mortgage amount $1,880,000 · 4.49% over 25 years

$470,000Down payment (20.0%)
$1,880,000Loan before insurance
$0CMHC premium
$11,268Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,395
Property tax
$874
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,268

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

One-time closing costs

Ontario land transfer tax
$45,225
Estimated closing costs
$45,225

Plus your down payment of $470,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,581/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

$1,238,453Total interest paid
$3,118,453Total of all payments
Principal $1,880,000 Interest $1,238,453
YearPrincipalInterestBalance
1$41,954$82,785$1,838,046
2$43,858$80,880$1,794,188
3$45,850$78,888$1,748,338
4$47,932$76,807$1,700,407
5$50,108$74,630$1,650,299
6$52,383$72,355$1,597,916
7$54,761$69,977$1,543,154
8$57,248$67,490$1,485,907
9$59,847$64,891$1,426,060
10$62,564$62,174$1,363,495
11$65,405$59,333$1,298,090
12$68,375$56,363$1,229,716
13$71,479$53,259$1,158,237
14$74,725$50,014$1,083,512
15$78,117$46,621$1,005,395
16$81,664$43,074$923,731
17$85,372$39,366$838,359
18$89,248$35,490$749,110
19$93,301$31,438$655,810
20$97,537$27,201$558,273
21$101,965$22,773$456,308
22$106,595$18,143$349,713
23$111,435$13,303$238,278
24$116,494$8,244$121,784
25$121,784$2,954$0

At the end of your 5-year term

Total paid over the term
$623,691
Principal paid down
$229,701
Interest paid
$393,989
Balance remaining
$1,650,299

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 Unionville$5,760/mo
$69,120Gross annual rent
2.1%Cap rate after taxes and upkeep
$5,299 to $6,425Typical 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 9 whole-home leases in Unionville signed at a median of $6,083 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,760. 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.

2.9%
Gross yield
− Property tax $10,483− Insurance $1,400− Vacancy & upkeep $7,603Net operating income $49,634

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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