5247 Major Mackenzie Drive, Markham, ON

Berczy, Markham · MLS® N13836326

$699,000
For Sale
Listed 21 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • FREE-HOLD TOWNHOUSE, WELL KEPT.
  • OPEN CONCEPT, 3 BEDROOMS AND MASTER BEDROOM ENSUITE, THE FAMILY ROOM ALSO CAN CONVERT TO 4 BEDROOMS.
  • LARGE WALK-OUT PATIO (3.50M x3.00M) FROM KITCHEN, LOCATED AT MAJOR MAC/MCCOWAN.
  • FEW MINUTES DRIVE TO HIGHWAY 404.
  • UNFINISHED 8 FEET HIGH BSMT, OPEN CONCEPT AND ROUGH IN 3PC WASHROOMS, S/S APPLIANCES.

FREE-HOLD TOWNHOUSE, WELL KEPT. OPEN CONCEPT, 3 BEDROOMS AND MASTER BEDROOM ENSUITE, THE FAMILY ROOM ALSO CAN CONVERT TO 4 BEDROOMS. LARGE WALK-OUT PATIO (3.50M x3.00M) FROM KITCHEN, LOCATED AT MAJOR MAC/MCCOWAN. FEW MINUTES DRIVE TO HIGHWAY 404. BEST SCHOOL ZONE. << STONEBRIDGE PUBLIC SCHOOL>> <<PIERRE ELLIOTT TRUDEAU HIGH SCHOOL. SPACIOUS BUILT IN GARAGE WITH PRIVATE DRIWAY CAN PARK 2 CARS. UNFINISHED 8 FEET HIGH BSMT, OPEN CONCEPT AND ROUGH IN 3PC WASHROOMS, S/S APPLIANCES. THE APPROXIMATE SQUARE FOOTAGE SHOUDL BE 1500-2000 SQ FT INSTEAD.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13836326
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
13.12 × 79.95 ft
Cross streets
McCowan/Major Mac Dr. E
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$3,800 / 2026
Days on market
21
Listing brokerage
KW Living Realty

Rooms

Primary BedroomThird2.60 × 3.00 m

4 pc ensuite · walk-in closet(s) · broadloom

Living RoomSecond6.50 × 3.70 m

balcony · open concept · broadloom

Bedroom 2Third2.60 × 2.60 m

window · closet · broadloom

RecreationBasement6.40 × 3.70 m
Bedroom 3Third2.40 × 2.40 m

window · closet · broadloom

Family RoomGround6.40 × 2.60 m

w/o to garage · 2 pc bath · bay window

Dining RoomSecond3.70 × 2.30 m

w/o to deck · combined w/kitchen · ceramic floor

KitchenSecond3.70 × 2.70 m

open concept · combined w/dining · ceramic floor

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$701Klikely sale price

Listed at $699,000. Going by how homes in Berczy and the wider GTA have actually closed against their asking prices (about 100%, 13 local closings in 90 days), the likely sale price is near $701K, if it sells. A realistic range is $657K to $790K.

Independent value check: $835K. Without looking at the asking price, our model values the home itself about 19% above the ask (homes like it typically land between $782K and $874K).

Why $835K. The typical townhouse sold in Berczy over the past year went for about $966K (55 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $3,800 a year; the typical home sold here pays about $4,500.
  • ▼ Lowers it slightlyIts lot is 13 by 80 ft; the typical lot sold here is 20 by 91.
  • ▼ Lowers it slightly3 bedrooms and 3 baths, against 3+1 and 4 typically.
List price
$657KBelow recent closings$790KAbove recent closings

Total price vs nearby homes. Likely closing about $701K, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$930Kmedian sold price
105%of asking, on average
−6%prices vs a year ago
~43 dayshomes like this take to sell
21days on market so far
$3,037/moest. rent · 6 leases
5.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 7 townhouse homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $399/sqft against an area asking average of $580/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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $829K. 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Berczy, 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 Berczy, from 100 closings in Berczy.

Sold 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.

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$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

Neighbourhood & location

Berczy, 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.

Wismer
$1.00M
Angus Glen
$1.30M
Greensborough
$866K
Village Green-South Unionville
$995K
Unionville
$1.40M

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
$3,186/mo
$135KIncome needed
5.2×Price ÷ income
$735Weekly cost
$10,455Land 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.

91%mortgage
Mortgage $3,186Property tax $317Total carry $3,502

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)
$3,092per month

Mortgage amount $559,200 · 4.49% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,409Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,092
Property tax
$317
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,409

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

One-time closing costs

Ontario land transfer tax
$10,455
Estimated closing costs
$10,455

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,742/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

$368,374Total interest paid
$927,574Total of all payments
Principal $559,200 Interest $368,374
YearPrincipalInterestBalance
1$12,479$24,624$546,721
2$13,046$24,057$533,675
3$13,638$23,465$520,038
4$14,257$22,846$505,781
5$14,904$22,199$490,876
6$15,581$21,522$475,295
7$16,289$20,814$459,006
8$17,028$20,075$441,978
9$17,801$19,302$424,177
10$18,610$18,493$405,567
11$19,455$17,648$386,113
12$20,338$16,765$365,775
13$21,261$15,842$344,514
14$22,227$14,876$322,287
15$23,236$13,867$299,051
16$24,291$12,812$274,761
17$25,394$11,709$249,367
18$26,547$10,556$222,820
19$27,752$9,351$195,069
20$29,012$8,091$166,057
21$30,329$6,774$135,727
22$31,706$5,397$104,021
23$33,146$3,957$70,875
24$34,651$2,452$36,224
25$36,224$879$0

At the end of your 5-year term

Total paid over the term
$185,515
Principal paid down
$68,324
Interest paid
$117,191
Balance remaining
$490,876

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 6 whole-home leases in Berczy$3,037/mo
$36,444Gross annual rent
3.9%Cap rate after taxes and upkeep
$2,794 to $3,280Typical rent range
~29 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 6 whole-home leases in Berczy signed at a median of $3,091 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,037. 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.

5.2%
Gross yield
− Property tax $3,800− Insurance $1,400− Vacancy & upkeep $4,009Net operating income $27,235

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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