62 Longwater Chase, Markham, ON

Unionville, Markham · MLS® N13837842

$1,799,999
For Sale
Listed 17 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • An Exceptional Offering In Prestigious Unionville.
  • Elegant Central-Hall Plan With Generously Proportioned Principal Rooms, Hardwood Floors, Two Fireplaces, New Pot Lights & Whole-Home Security System.
  • Beautifully Renovated Upper Level Features Brand-New Hardwood Flooring, New Pot Lights, Newly Finished Staircase, Fresh Paint & Enhanced Bathroom Functionality, Plus...
  • Spectacular Private Backyard Oasis With Heated Inground Pool, Expansive Deck, Stone Patios, Gazebo, Mature Trees & Professionally Landscaped Grounds.
  • An Exceptional Combination Of Space, Privacy & Lifestyle-Steps To Historic Main Street, Toogood Pond, Parks, Library & Transit, With Easy Access To Top-Ranked...

**Approx. 3,400 Sq.Above Grade**! An Exceptional Offering In Prestigious Unionville. This Impressive 4+1 Bedroom, 5-Bathroom Residence Combines Grand Proportions, Refined Elegance & Resort-Style Living On A Deep Approx. 139-Ft Lot. Elegant Central-Hall Plan With Generously Proportioned Principal Rooms, Hardwood Floors, Two Fireplaces, New Pot Lights & Whole-Home Security System. Chef-Inspired Kitchen With Custom Cabinetry, Industrial-Grade Appliances & B/I GE Monogram Refrigerator. Beautifully Renovated Upper Level Features Brand-New Hardwood Flooring, New Pot Lights, Newly Finished Staircase, Fresh Paint & Enhanced Bathroom Functionality, Plus A Serene Primary Retreat With Sitting Area. Professionally Finished Lower Level Offers A Media Room With Projection System, Fitness Area, Sauna, Steam Shower, Hot Tub, B/I Stereo & Versatile Nanny/In-Law Suite. Spectacular Private Backyard Oasis With Heated Inground Pool, Expansive Deck, Stone Patios, Gazebo, Mature Trees & Professionally Landscaped Grounds. An Exceptional Combination Of Space, Privacy & Lifestyle-Steps To Historic Main Street, Toogood Pond, Parks, Library & Transit, With Easy Access To Top-Ranked Schools, Shopping, GO Transit & Hwy 404.

Key facts

Property type
Detached, 2-Storey
MLS®
N13837842
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
49.21 × 139.4 ft
Cross streets
Kennedy/16th "Prepare to Be Amazed - This Home Is Truly Special!"
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$9,607 / 2025
Days on market
17
Listing brokerage
GOLDEN LIFE REALTY LTD.

Rooms

Primary BedroomSecond6.46 × 4.09 m

combined w/sitting · 5 pc ensuite · cathedral ceiling(s)

Bedroom 4Second4.87 × 3.92 m

large window · closet · california shutters

BreakfastMain0.00 × 0.00 m

hardwood floor · crown moulding · combined w/kitchen

Family RoomMain5.38 × 3.73 m

hardwood floor · fireplace · sliding doors

KitchenMain8.80 × 3.24 m

hardwood floor · renovated · granite counters

Living RoomMain7.07 × 5.28 m

hardwood floor · fireplace · french doors

Bedroom 2Second4.55 × 4.24 m

large window · double closet · california shutters

Dining RoomMain5.48 × 3.45 m

hardwood floor · wainscoting · crown moulding

SittingSecond5.33 × 4.08 m

california shutters · walk-in closet(s) · combined w/primary

RecreationBasement0.00 × 0.00 m

broadloom · pot lights

Bedroom 3Second5.11 × 3.69 m

large window · closet · california shutters

BedroomBasement0.00 × 0.00 m

broadloom · closet · 3 pc bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.77Mlikely sale price

Listed at $1,799,999. Going by how homes in Unionville and the wider GTA have actually closed against their asking prices (about 98%, 38 local closings in 90 days), the likely sale price is near $1.77M, if it sells. A realistic range is $1.66M to $1.99M.

Independent value check: $1.91M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $1.79M and $2.00M).

Why $1.91M. The typical detached home sold in Unionville over the past year went for about $1.68M (127 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $9,607 a year; the typical home sold here pays about $8,700.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises it slightly4+1 bedrooms and 5 baths, against 4+1 and 4 typically.
List price
$1.66MBelow recent closings$1.99MAbove recent closings

Total price vs nearby homes. Likely closing about $1.77M, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$1.68Mmedian sold price
99%of asking, on average
−3%prices vs a year ago
~18 dayshomes like this take to sell
17days on market so far
$4,832/moest. rent · 84 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 13 detached homes for sale in the area against 38 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 $554/sqft against an area asking average of $693/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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.75M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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

Based on 38 comparable homes that sold in Unionville over the past two years, from 230 closings there.

Sold price trend

Median sold price for detached homes in Unionville: $1.70M in September 2026, down 7% from a year ago, on 126 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.76M8
November 2025$1.84M9
December 2025$1.78M9
January 2026$1.63M10
March 2026$1.68M12
April 2026$1.59M19
May 2026$1.69M9
June 2026$1.75M16
July 2026$1.73M5
August 2026$1.60M19
September 2026$1.70M10

Neighbourhood & location

Unionville, 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.

Markville
$1.00M
Berczy
$1.70M
Angus Glen
$1.66M
Wismer
$1.39M
Milliken Mills East
$1.48M

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
$8,204/mo
$341KIncome needed
5.3×Price ÷ income
$1,893Weekly cost
$32,475Land 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.

91%mortgage
Mortgage $8,204Property tax $801Total carry $9,004

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,962per month

Mortgage amount $1,439,999 · 4.49% over 25 years

$360,000Down payment (20.0%)
$1,439,999Loan before insurance
$0CMHC premium
$8,763Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,962
Property tax
$801
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,763

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

One-time closing costs

Ontario land transfer tax
$32,475
Estimated closing costs
$32,475

Plus your down payment of $360,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,637/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

$948,602Total interest paid
$2,388,601Total of all payments
Principal $1,439,999 Interest $948,602
YearPrincipalInterestBalance
1$32,135$63,409$1,407,865
2$33,594$61,950$1,374,271
3$35,119$60,425$1,339,152
4$36,714$58,831$1,302,438
5$38,380$57,164$1,264,058
6$40,123$55,421$1,223,935
7$41,945$53,599$1,181,990
8$43,849$51,695$1,138,141
9$45,840$49,704$1,092,300
10$47,922$47,622$1,044,379
11$50,097$45,447$994,281
12$52,372$43,172$941,909
13$54,750$40,794$887,159
14$57,236$38,308$829,924
15$59,835$35,710$770,089
16$62,551$32,993$707,538
17$65,391$30,153$642,147
18$68,360$27,184$573,786
19$71,464$24,080$502,322
20$74,709$20,835$427,613
21$78,101$17,443$349,512
22$81,647$13,897$267,865
23$85,354$10,190$182,511
24$89,230$6,314$93,281
25$93,281$2,263$0

At the end of your 5-year term

Total paid over the term
$477,720
Principal paid down
$175,941
Interest paid
$301,779
Balance remaining
$1,264,058

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 84 whole-home leases in Unionville$4,832/mo
$57,984Gross annual rent
2.3%Cap rate after taxes and upkeep
$4,588 to $5,102Typical rent range
~36 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 84 whole-home leases in Unionville signed at a median of $4,230 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,832. 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.

3.2%
Gross yield
− Property tax $9,607− Insurance $1,400− Vacancy & upkeep $6,378Net operating income $40,599

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

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