(BLOCK 268 UNIT 5)-142 Mumbai Drive, Markham, ON
Middlefield, Markham · MLS® N13820996
About this home
In short
- Welcome to Brand-New Freehold Luxury Traditional 2-Storey Townhome with a backyard.
- OF FINISHED BASEMENT (REC ROOM AND 3 PIECE WASHROOM).
- Natural Oak hardwood on the Main Floor.
- Quality Custom Crafted kitchen cabinets.
- This Subdivision is close to Aaniin Community Centre, Schools, Major Highways, Transit Routes, 2,000km Nature Trails, Golf Clubs.
Welcome to Brand-New Freehold Luxury Traditional 2-Storey Townhome with a backyard. The Townhouse is Being Built By a Reputable Builder Remington Homes. Superior Architecturally Designed Elevation with Brick, Stucco, Stone and Stone Accents. ARNICA MODEL 1417 sq.ft. as per Builder's plans PLUS 274 SQ.FT. OF FINISHED BASEMENT (REC ROOM AND 3 PIECE WASHROOM). The Unit is under construction and can only be viewed on the exterior. Includes Complete Central Air-Conditioning. THE PRICE LISTED IS NET OF HST REBATE. 9' ceilings on Ground and Second Floors. Natural Oak hardwood on the Main Floor. Quality Custom Crafted kitchen cabinets. Extra height Kitchen Cabinets plus Kitchen Island . Granite Counters in Kitchen and washrooms. Freestanding Tub in Primary Ensuite. Concrete Block party wall Above Grade separating Living Units. Smart Future Ready Home Wiring Package. This Subdivision is close to Aaniin Community Centre, Schools, Major Highways, Transit Routes, 2,000km Nature Trails, Golf Clubs. Purchasers to go to the Design Studio and choose their colors and finishes. The closing is approximately 6-months.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13820996
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 20 × 100 ft
- Cross streets
- 14th Ave & Middlefield
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 26
- Listing brokerage
- INTERCITY REALTY INC.
Rooms
Ceramic Floor
3 pc bath · broadloom
closet · window · broadloom
5 pc ensuite · walk-in closet(s) · broadloom
Hardwood Floor
closet · window · broadloom
ceramic floor · centre island · w/o to yard
Listed at $826,540 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $808K, typically $757K to $911K. Comparable closings on their own put this home around $831K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $808K, from 7 recent closings in this pocket.
The market behind the math:
About 2.1 months of inventory: 5 townhouse homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $636/sqft against an area asking average of $576/sqft.
How this estimate is builtthe short version
I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my 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
- 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Middlefield, so I widened the search to the surrounding area.
Based on 17 homes sold on this street over the past two years, from 32 closings in Middlefield.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $831K, which is where my estimate comes from.
Per square foot, these ask about $587/sqft; this home lists at $636/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 53 |
| November 2025 | $1.07M | 36 |
| December 2025 | $1.14M | 29 |
| January 2026 | $1.02M | 28 |
| February 2026 | $1.10M | 23 |
| March 2026 | $1.00M | 33 |
| April 2026 | $1.03M | 37 |
| May 2026 | $1.02M | 56 |
| June 2026 | $953K | 53 |
| July 2026 | $979K | 42 |
| August 2026 | $997K | 38 |
| September 2026 | $912K | 32 |
Neighbourhood & location
Middlefield, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $661,232 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,656
- Estimated property tax
- $517
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,173
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,006
- Estimated closing costs
- $13,006
Plus your down payment of $165,308. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $219,364
- Principal paid down
- $80,790
- Interest paid
- $138,574
- Balance remaining
- $580,442
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 12 whole-home leases in Middlefield signed at a median of $3,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,870. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of INTERCITY REALTY INC.. MLS®/PropTx.