18 Pheasant Valley Court, Markham, ON

Thornhill, Markham · MLS® N13824068

$1,350,000
For Sale
Listed 25 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
2Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • Come and see 18 Pheasant Valley Court in Thornhill.
  • Featuring 3+2 bedrooms, 2 baths, and a bright, functional layout w/ hardwood floors throughout, ceramic tile in the kitchen and a marble staircase.
  • The finished basement offers & a separate entrance perfect for an in-law suite or excellent income potential.
  • There is a large private backyard .
  • Very close to parks, nature trails, shopping, transit & all sought after amenities.

Come and see 18 Pheasant Valley Court in Thornhill !!! A lovely, warm, inviting home in a very desirable family oriented community. Its your opportunity to own a well looked after brick bungalow, maintained the by the current owners for 46+ years. Situated on a quiet, family friendly street in a top-tier school catchment area this property offers exceptional value for both families and investors . Featuring 3+2 bedrooms, 2 baths, and a bright, functional layout w/ hardwood floors throughout, ceramic tile in the kitchen and a marble staircase. The finished basement offers & a separate entrance perfect for an in-law suite or excellent income potential. There is a large private backyard . Double garage with parking for 4 cars in the driveway. Very close to parks, nature trails, shopping, transit & all sought after amenities. Close to Yonge St with the future subway expansion will make this property more valuable and desirable. Here is an exceptional home in one of Thornhill's most attractive neighbourhoods!

Key facts

Property type
Detached, Bungalow
MLS®
N13824068
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
50.05 × 125.13 ft
Cross streets
Yonge & Clark
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,737 / 2025
Days on market
25
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Bedroom 4Basement3.66 × 3.66 m
Family RoomBasement7.01 × 3.66 m
KitchenBasement2.14 × 2.44 m
KitchenGround2.45 × 4.00 m
Living RoomGround4.90 × 4.00 m
Dining RoomGround3.05 × 3.05 m
KitchenGround2.45 × 2.75 m
Bedroom 2Ground3.05 × 3.66 m
BedroomGround3.36 × 4.30 m
BathroomGround2.14 × 2.75 m

3 Pc Bath

Bedroom 3Ground3.05 × 3.66 m
LaundryBasement3.66 × 4.60 m
Cold Room/CantinaBasement1.22 × 6.40 m
Bedroom 5Basement2.75 × 3.36 m
BathroomBasement2.14 × 1.83 m
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

Neighbourhood & location

Thornhill, Markham, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Grandview
$1.42M
Royal Orchard
$2.77M
Aileen-Willowbrook
$1.47M
Cachet
$2.30M
Unionville
$2.19M

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
$6,153/mo
$256KIncome needed
5.3×Price ÷ income
$1,420Weekly cost
$23,475Land 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 $6,153Property tax $561Total carry $6,714

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)
$5,972per month

Mortgage amount $1,080,000 · 4.49% over 25 years

$270,000Down payment (20.0%)
$1,080,000Loan before insurance
$0CMHC premium
$6,533Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$561
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,533

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

One-time closing costs

Ontario land transfer tax
$23,475
Estimated closing costs
$23,475

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,228/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

$711,452Total interest paid
$1,791,452Total of all payments
Principal $1,080,000 Interest $711,452
YearPrincipalInterestBalance
1$24,101$47,557$1,055,899
2$25,195$46,463$1,030,704
3$26,339$45,319$1,004,364
4$27,535$44,123$976,829
5$28,785$42,873$948,044
6$30,092$41,566$917,952
7$31,459$40,199$886,493
8$32,887$38,771$853,606
9$34,380$37,278$819,226
10$35,941$35,717$783,285
11$37,573$34,085$745,711
12$39,279$32,379$706,432
13$41,062$30,596$665,370
14$42,927$28,731$622,443
15$44,876$26,782$577,567
16$46,913$24,745$530,654
17$49,044$22,615$481,610
18$51,270$20,388$430,340
19$53,598$18,060$376,742
20$56,032$15,626$320,710
21$58,576$13,082$262,134
22$61,235$10,423$200,899
23$64,016$7,642$136,883
24$66,922$4,736$69,961
25$69,961$1,697$0

At the end of your 5-year term

Total paid over the term
$358,290
Principal paid down
$131,956
Interest paid
$226,334
Balance remaining
$948,044

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$2,300/mo
$27,600Gross annual rent
1.2%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.

2.0%
Gross yield
− Property tax $6,737− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,427

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

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