247 Mingay Avenue, Markham, ON

Wismer, Markham · MLS® N13834006

$988,000
For Sale
Listed 21 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Rare Double-Car Garage Semi In Prime Wismer.
  • The Current Owner Has Invested More Than $50K In Upgrades Since 2019, Including Updated Flooring Throughout, Appliances, Heating/Cooling Equipment, Exterior Doors...
  • The Professionally Finished Basement With 3-Piece Bath Adds Valuable Additional Space For Recreation, Guests, Extended Family Or A Home Office.
  • Steps To Beautiful Wismer Park, Offering Sports Fields, Splash Pad, Tennis And Basketball Courts, Playgrounds, Walking Trails And Outdoor Exercise Areas, Plus...
  • A Rare Combination Of A Double Garage, Extensive Upgrades, Finished Basement, Excellent Schools, GO Access And Outstanding Neighbourhood Amenities.

Rare Double-Car Garage Semi In Prime Wismer! Welcome To This Beautifully Maintained And Extensively Upgraded Brick Semi-Detached Home, Ideally Situated In One Of Markham's Most Sought-After Family Communities. The Current Owner Has Invested More Than $50K In Upgrades Since 2019, Including Updated Flooring Throughout, Appliances, Heating/Cooling Equipment, Exterior Doors, And Extensive Front And Backyard Hardscaping. Inside, Enjoy A Bright And Functional Family Layout Featuring A Well-Appointed Kitchen With Granite Countertops, Ceramic Backsplash And Gas Stove, Upgraded Bathrooms With Quartz Countertops, And Generous Living Spaces Throughout. Upgraded Interlocked Backyard. The Professionally Finished Basement With 3-Piece Bath Adds Valuable Additional Space For Recreation, Guests, Extended Family Or A Home Office. The Location Is Truly Hard To Beat-Wismer Public School, Bur Oak Secondary School And San Lorenzo Ruiz Catholic Elementary School Are All Within Walking Distance, Along With Shopping, Transit And Mount Joy GO Station. Steps To Beautiful Wismer Park, Offering Sports Fields, Splash Pad, Tennis And Basketball Courts, Playgrounds, Walking Trails And Outdoor Exercise Areas, Plus Exciting Upcoming Amenities Including A Soccer Pitch, Synthetic Ice Rink And Pickleball/Multi-Purpose Sports Courts. A Rare Combination Of A Double Garage, Extensive Upgrades, Finished Basement, Excellent Schools, GO Access And Outstanding Neighbourhood Amenities. Pride Of Ownership Throughout-An Ideal Home For A Growing Family!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13834006
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
24.37 × 106.73 ft
Cross streets
Mingay Ave/Castlemore/Major Mackenzie
Parking
2 garage · 4 parking (detached)
Driveway
Lane
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Unknown
Sewer
Sewer
Property tax
$4,643 / 2025
Days on market
21
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

BreakfastMain3.35 × 2.54 m

ceramic floor · pot lights · w/o to yard

Living RoomMain5.36 × 3.45 m

hardwood floor · combined w/dining · picture window

Bedroom 2Second3.45 × 2.84 m

hardwood floor · large closet · overlooks backyard

Dining RoomMain5.36 × 3.45 m

hardwood floor · combined w/living · open concept

Family RoomMain4.77 × 3.20 m

hardwood floor · pot lights · open concept

Bedroom 3Second4.16 × 2.79 m

hardwood floor · large closet · overlooks backyard

Primary BedroomSecond5.33 × 3.46 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

BedroomBasement2.77 × 3.08 m

laminate · walk-in closet(s) · built-in speakers

KitchenMain3.35 × 2.43 m

ceramic floor · ceramic backsplash · granite counters

RecreationBasement6.31 × 3.17 m

laminate · 3 pc bath · pot lights

Our TakeTeam Asgarian · Broker
Below what recent sales support
$1.07Mautomated estimate, from recent sales

Listed at $988,000, about 8% below our estimate of $1.07M (homes like it typically land between $1.00M and $1.12M).

Why $1.07M. The typical semi-detached home sold in Wismer over the past year went for about $1.08M (23 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 3 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $4,643 a year; the typical home sold here pays about $4,700.
List price
$988KBelow our range$1.12MAbove our range

Total price vs nearby homes. Fair value about $1.07M, learned from recent GTA sales.

The market behind the math:

21days on market so far
$3,402/moest. rent · 55 leases
4.1%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $565/sqft against an area asking average of $681/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.02M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 3 homes sold on this street over the past two years, plus 2 nearby in Wismer, from 49 closings in Wismer.

Sold price trend

Median sold price for semi-detached homes in Markham: $1.00M in September 2026, down 5% from a year ago, on 173 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$1.05M19
November 2025$1.06M14
December 2025$1.04M7
January 2026$1.04M8
February 2026$1.06M5
March 2026$1.04M11
April 2026$1.08M16
May 2026$1.06M19
June 2026$1.04M22
July 2026$1.02M17
August 2026$945K15
September 2026$1.00M20

Neighbourhood & location

Wismer, 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.

Bullock
$934K
Cornell
$987K
Village Green-South Unionville
$982K
Cedarwood
$1.05M

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
$4,503/mo
$187KIncome needed
5.3×Price ÷ income
$1,039Weekly cost
$16,235Land 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 $4,503Property tax $387Total carry $4,890

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)
$4,370per month

Mortgage amount $790,400 · 4.49% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$4,757Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,370
Property tax
$387
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,757

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

One-time closing costs

Ontario land transfer tax
$16,235
Estimated closing costs
$16,235

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,289/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

$520,677Total interest paid
$1,311,077Total of all payments
Principal $790,400 Interest $520,677
YearPrincipalInterestBalance
1$17,638$34,805$772,762
2$18,439$34,004$754,322
3$19,276$33,167$735,046
4$20,152$32,291$714,894
5$21,067$31,376$693,828
6$22,023$30,420$671,805
7$23,023$29,420$648,782
8$24,068$28,375$624,713
9$25,161$27,282$599,552
10$26,304$26,139$573,248
11$27,498$24,945$545,750
12$28,746$23,697$517,004
13$30,052$22,391$486,952
14$31,416$21,027$455,536
15$32,843$19,601$422,694
16$34,334$18,109$388,360
17$35,893$16,550$352,467
18$37,522$14,921$314,945
19$39,226$13,217$275,719
20$41,007$11,436$234,712
21$42,869$9,574$191,843
22$44,815$7,628$147,028
23$46,850$5,593$100,178
24$48,977$3,466$51,201
25$51,201$1,242$0

At the end of your 5-year term

Total paid over the term
$262,215
Principal paid down
$96,572
Interest paid
$165,643
Balance remaining
$693,828

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 55 whole-home leases in Wismer$3,402/mo
$40,824Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,225 to $3,572Typical rent range
~17 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 55 whole-home leases in Wismer signed at a median of $3,348 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,402. 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.

4.1%
Gross yield
− Property tax $4,643− Insurance $1,400− Vacancy & upkeep $4,491Net operating income $30,290

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

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