4146 Highway 7 Road, Markham, ON
Unionville, Markham · MLS® N13822820
About this home
In short
- Welcome To This Beautifully Updated 3+1 Bedroom, 6-Bathroom Home In A Desirable Markham Location.
- Elegant Engineered Hardwood Flooring Runs Throughout The Home.
- The Finished Basement Includes 1 Bedroom, 1 Kitchen & 3-Pc Bathroom, Providing Excellent Additional Living Space.
- Conveniently Located Close To Shopping, Restaurants, Schools, Transit & Major Highways.
Welcome To This Beautifully Updated 3+1 Bedroom, 6-Bathroom Home In A Desirable Markham Location! Freshly Painted Throughout, Featuring Smooth Ceilings And Pot Lights Across The Entire House. Elegant Engineered Hardwood Flooring Runs Throughout The Home. The Upgraded Kitchen Features A Central Island And Stainless Steel Appliances, Offering A Functional And Modern Space For Everyday Living. The Finished Basement Includes 1 Bedroom, 1 Kitchen & 3-Pc Bathroom, Providing Excellent Additional Living Space. Conveniently Located Close To Shopping, Restaurants, Schools, Transit & Major Highways. A Wonderful Opportunity For Families Looking For A Spacious And Move-In Ready Home In Markham!
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- N13822820
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 6 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 18.77 × 69.52 ft
- Cross streets
- Birchmount/Hwy 7 E
- Parking
- 2 garage · 3 parking (built-in)
- Basement
- Finished, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Not Applicable
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $6,173 / 2026
- Days on market
- 25
- Listing brokerage
- ANJIA REALTY
Rooms
hardwood floor · combined w/dining · juliette balcony
hardwood floor · closet · 3 pc ensuite
hardwood floor · centre island · breakfast bar
hardwood floor · access to garage · 3 pc bath
hardwood floor · walk-in closet(s) · 3 pc ensuite
hardwood floor · combined w/kitchen · w/o to balcony
hardwood floor · combined w/kitchen · large window
hardwood floor · closet · window
hardwood floor · combined w/kitchen · 3 pc bath
hardwood floor · closet
Listed at $1,188,000, about 4% below our estimate of $1.23M (homes like it typically land between $1.15M and $1.29M).
Why $1.23M. The typical townhouse sold in Unionville over the past year went for about $1.52M (21 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,173 a year; the typical home sold here pays about $6,800.
- ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly3+1 bedrooms and 6 baths, against 4+1 and 5 typically.
Total price vs nearby homes. Fair value about $1.23M, learned from recent GTA sales.
The market behind the math:
About 6 months of inventory: 6 townhouse homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $528/sqft against an area asking average of $573/sqft.
- basement apartment features. A finished 1 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. In Unionville basements rarely rent out (3 of 96 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.11M. 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
- 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 Unionville, so I widened the search to the surrounding area.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in Unionville, from 40 closings in Unionville.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $570/sqft; this home lists at $528/sqft. Size is part of the price story, not just the sticker.
The 3 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
Unionville, 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 $950,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,255
- Property tax
- $514
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,769
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,235
- Estimated closing costs
- $20,235
Plus your down payment of $237,600. 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
- $315,295
- Principal paid down
- $116,121
- Interest paid
- $199,174
- Balance remaining
- $834,279
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
About the suite: in Unionville basements rarely rent out (3 of 96 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 6 whole-home leases in Unionville signed at a median of $4,245 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,272. 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 ANJIA REALTY. MLS®/PropTx.