26 Quail Valley Drive, Markham, ON

German Mills, Markham · MLS® N13828884

$999,999
For Sale
Listed 25 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2249Sq ft

About this home

In short

  • Ravine Lot at the North York Border for Under 1 million.
  • Tucked into a picturesque, private and impeccably maintained enclave,with a Ravine as your backyard.
  • In Quail Valley's most breathtaking location, this large 2134 sf home is among the select properties backing directly onto the ravine.
  • Enjoy the peace and beauty of nature from multiple outdoor spaces, including a stunning terrace off the kitchen, two private balconies overlooking the ravine at rear...
  • An ideal setting for families seeking a peaceful and safe environment, close to top schools and recreational spots -- or discerning empty nesters who refuse to...

2134 sq.ft. Ravine Lot at the North York Border for Under 1 million!! This is the largest model in the highly coveted complex. Tucked into a picturesque, private and impeccably maintained enclave,with a Ravine as your backyard. In Quail Valley's most breathtaking location, this large 2134 sf home is among the select properties backing directly onto the ravine. Enjoy the peace and beauty of nature from multiple outdoor spaces, including a stunning terrace off the kitchen, two private balconies overlooking the ravine at rear, and a fully interlocked and fenced back patio with gate, for direct access to nature. Great for pets! Relax with birdsong and nature as your backdrop, everyday living feels more like a Muskoka retreat-yet you are just minutes from major highways and public transit, with convenient access to downtown Toronto. A Thornhill/Markham address at the Border of North York!This spacious, well designed home offers large principal rooms and a walk out lower level. A rare double garage with direct access to the home is super convenient with two additional parking spots on the private drive. Meticulously maintained, with maintenance fees incl. water, common-area landscaping, roof repair and replacement, windows and sliders, interlocking driveways, exterior painting, eavestrough maintenance, front and garage door replacement - All Season Upkeep with Snow Removal in Winter, and Regular Leaf clearing in Fall. All to help preserve the cohesive architectural character and beautifully cared-for appearance of this prestigious community. Quail Valley remains one of Thornhill/Markham's best-kept secrets-A NICHE community prized for its privacy, beauty and close-knit neighborly feel. An ideal setting for families seeking a peaceful and safe environment, close to top schools and recreational spots -- or discerning empty nesters who refuse to compromise on luxury with a maintenance free lifestyle.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N13828884
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2249 sq ft
Cross streets
LESLIE AND STEELES
Parking
2 garage · 4 parking (attached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,001/mo
Exposure
East West
Property tax
$5,638 / 2026
Days on market
25
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomSecond5.79 × 3.81 m

w/o to balcony · 3 pc ensuite · overlooks ravine

KitchenMain4.87 × 3.35 m

W/O To Terrace

Family RoomLower5.68 × 4.03 m

w/o to ravine · gas fireplace · b/i bar

Dining RoomMain3.35 × 3.35 m

pot lights · laminate

Living RoomMain5.78 × 4.03 m

w/o to balcony · california shutters · overlooks ravine

Bedroom 3Second3.35 × 2.93 m

Closet

Bedroom 2Second4.57 × 3.04 m

bay window · double closet

Our TakeTeam Asgarian · Broker
In line with recent sales
$1.05Mautomated estimate, from recent sales

Listed at $999,999, about 5% below our estimate of $1.05M (homes like it typically land between $975K and $1.10M).

List price
$975KBelow our range$1.10MAbove our range

Total price vs nearby homes. Fair value about $1.05M, learned from recent GTA sales.

The market behind the math:

25days on market so far
This home
Below area avgAbove area avg

Price per square foot: this home lists at $471/sqft against an area asking average of $559/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 and this building.

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 $993K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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 German Mills, so I widened the search to the surrounding area.

Based on 3 homes sold in this building over the past two years, plus 2 nearby in German Mills, from 16 closings in German Mills.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.08Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $1.05M, which is where my estimate comes from.

Per square foot, these ask about $548/sqft; this home lists at $471/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1000kThis home699k890k748k1.99MThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Markham: $710K in September 2026, down 6% from a year ago, on 245 closings in 12 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$808K24
November 2025$778K12
December 2025$715K12
January 2026$825K12
February 2026$743K24
March 2026$815K21
April 2026$829K10
May 2026$760K31
June 2026$751K26
July 2026$717K28
August 2026$765K25
September 2026$710K20

Neighbourhood & location

German Mills, 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.

Bayview Fairway-Bayview Country Club Estates
$686K
Aileen-Willowbrook
$627K
Royal Orchard
$909K
Commerce Valley
$1.31M
Unionville
$893K

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
$4,558/mo
$211KIncome needed
4.7×Price ÷ income
$1,052Weekly cost
$16,475Land 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.

76%mortgage
Mortgage $4,558Property tax $470Condo fee $1,001Total carry $6,028

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,423per month

Mortgage amount $799,999 · 4.49% over 25 years

$200,000Down payment (20.0%)
$799,999Loan before insurance
$0CMHC premium
$5,894Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,423
Property tax
$470
Condo / maintenance fees
$1,001
Heating
$0
Estimated monthly cost
$5,894

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

One-time closing costs

Ontario land transfer tax
$16,475
Estimated closing costs
$16,475

Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,354/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

$527,001Total interest paid
$1,327,000Total of all payments
Principal $799,999 Interest $527,001
YearPrincipalInterestBalance
1$17,853$35,227$782,147
2$18,663$34,417$763,483
3$19,511$33,569$743,973
4$20,396$32,684$723,577
5$21,322$31,758$702,254
6$22,291$30,789$679,963
7$23,303$29,777$656,661
8$24,361$28,719$632,300
9$25,467$27,613$606,833
10$26,623$26,457$580,210
11$27,832$25,248$552,378
12$29,096$23,984$523,283
13$30,417$22,663$492,866
14$31,798$21,282$461,069
15$33,241$19,839$427,827
16$34,751$18,329$393,076
17$36,328$16,751$356,748
18$37,978$15,102$318,770
19$39,702$13,378$279,068
20$41,505$11,575$237,563
21$43,389$9,691$194,173
22$45,359$7,720$148,814
23$47,419$5,661$101,395
24$49,572$3,508$51,823
25$51,823$1,257$0

At the end of your 5-year term

Total paid over the term
$265,400
Principal paid down
$97,745
Interest paid
$167,655
Balance remaining
$702,254

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$6,800/mo
$81,600Gross annual rent
5.4%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.

8.2%
Gross yield
− Property tax $5,638− Condo fees $12,012− Insurance $600− Vacancy & upkeep $8,976Net operating income $54,374

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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