35 Russell Dawson Road, Markham, ON

Cathedraltown, Markham · MLS® N13841720

$888,000
For Sale
Listed 20 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 35 Russell Dawson Road.
  • A 3+1 bedroom townhouse in the heart of Markham, with something most townhouses don't have: a double car garage. a covered deck with an aluminum patio cover and...
  • The open-concept layout makes smart use of every inch.
  • Upstairs are three bedrooms, including a generously sized primary bedroom with a 4-piece ensuite and walk-in closet.
  • The finished basement adds a fourth bedroom and its own washroom.

Welcome to 35 Russell Dawson Road. A 3+1 bedroom townhouse in the heart of Markham, with something most townhouses don't have: a double car garage. a covered deck with an aluminum patio cover and skylight panels gives you shade without blocking the light. Steps lead down to an interlocking stone patio between the house and the garage, ready for BBQs in any weather. Two cars garage, no driveway shuffle. Step out the front door and the park is right across the street. Kids can play where you can see them, and you wake up to green views every morning. The open-concept layout makes smart use of every inch. The kitchen features a gas stove and double oven, perfect for anyone who's particular about how their food is made. Upstairs are three bedrooms, including a generously sized primary bedroom with a 4-piece ensuite and walk-in closet. The finished basement adds a fourth bedroom and its own washroom. Use it for in-laws, guests, a teenager who wants their own space, or a home office. Families will love the schools. The home falls within the Nokiidaa Public School and Richmond Green Secondary School boundaries, with Pierre Elliott Trudeau High School (French Immersion) and Bayview Secondary School (IB) nearby. Daily life here couldn't be easier. Canadian Tire and Shoppers Drug Mart are right behind the house. Five major banks and Starbucks are steps away. Kingsfield, Taro Fish, and more restaurants are in the same plaza, so dinner is always sorted. When the big names all set up in one neighbourhood, it tells you where the area is headed. Work at Tesla Markham? You can walk to work. Commuting elsewhere? Highway 404 is just 2 minutes away. Top schools, a park at your door, and everything you need within walking distance. Homes like this don't come up often. Book your showing today.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13841720
Bedrooms
3+1 (4 total)
Bathrooms
4 (2 half)
Size
1500-2000 sq ft
Lot
24.67 × 86.94 ft
Cross streets
Major Mackenzie/404
Parking
2 garage · 3 parking (detached)
Driveway
Mutual
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,601 / 2026
Days on market
20
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Family RoomMain6.08 × 3.70 m

hardwood floor · pot lights · combined w/living

RecreationBasement8.17 × 3.23 m

laminate · open concept · pot lights

KitchenMain7.18 × 3.74 m

tile floor · granite counters · backsplash

Bedroom 3Second3.29 × 3.02 m

large closet · large window · broadloom

Primary BedroomSecond4.38 × 4.09 m

walk-in closet(s) · 4 pc ensuite · large window

Dining RoomMain7.18 × 3.74 m

tile floor · window · open concept

Living RoomMain6.08 × 3.70 m

hardwood floor · pot lights · overlooks park

Bedroom 4Basement3.73 × 2.92 m

laminate · track lighting

Bedroom 2Second3.34 × 3.32 m

closet · window · broadloom

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.07Mautomated estimate, from recent sales

Listed at $888,000, about 17% below our estimate of $1.07M (homes like it typically land between $1.01M and $1.13M).

Why $1.07M. The typical townhouse sold in Cathedraltown over the past year went for about $1.16M (24 sales). What sets this one apart:

  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $5,601 a year; the typical home sold here pays about $5,300.
  • ▲ Raises it slightly2 garage and 3 total parking spaces, against 1.5 and 3 typically.
List price
$888KBelow our range$1.13MAbove our range

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

The market behind the math:

3sold nearby · 90 days
20days on market so far
$3,209/moest. rent · 42 leases
4.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 townhouse homes for sale in the area against 3 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 $507/sqft against an area asking average of $521/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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.09M. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • 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

Below comparable homes on total price, yet the price per square foot ($507/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Cathedraltown, so I widened the search to the surrounding area.

Based on 41 comparable homes that sold in Cathedraltown over the past two years, from 53 closings there.

What sellers nearby are askingCurrently listed nearby in Cathedraltown · asking prices
$1.11Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.07M, which is where my estimate comes from.

Per square foot, these ask about $521/sqft; this home lists at $507/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
888kThis home1.10M1.20M1.01M1.15M1.09MThis home vs active comparables

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

Cathedraltown, 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.

Victoria Square
$1.08M
Angus Glen
$1.26M
Unionville
$1.40M
Berczy
$935K
Village Green-South Unionville
$995K

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
$4,047/mo
$173KIncome needed
5.1×Price ÷ income
$934Weekly cost
$14,235Land 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.

90%mortgage
Mortgage $4,047Property tax $467Total carry $4,514

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,928per month

Mortgage amount $710,400 · 4.49% over 25 years

$177,600Down payment (20.0%)
$710,400Loan before insurance
$0CMHC premium
$4,395Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,928
Property tax
$467
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,395

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

One-time closing costs

Ontario land transfer tax
$14,235
Estimated closing costs
$14,235

Plus your down payment of $177,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,754/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

$467,977Total interest paid
$1,178,377Total of all payments
Principal $710,400 Interest $467,977
YearPrincipalInterestBalance
1$15,853$31,282$694,547
2$16,573$30,562$677,974
3$17,325$29,810$660,649
4$18,112$29,023$642,537
5$18,934$28,201$623,602
6$19,794$27,341$603,808
7$20,693$26,442$583,115
8$21,632$25,503$561,483
9$22,615$24,521$538,868
10$23,641$23,494$515,227
11$24,715$22,420$490,512
12$25,837$21,298$464,676
13$27,010$20,125$437,666
14$28,236$18,899$409,429
15$29,518$17,617$379,911
16$30,859$16,276$349,052
17$32,260$14,875$316,792
18$33,724$13,411$283,068
19$35,256$11,879$247,812
20$36,856$10,279$210,956
21$38,530$8,605$172,426
22$40,279$6,856$132,147
23$42,108$5,027$90,039
24$44,020$3,115$46,019
25$46,019$1,116$0

At the end of your 5-year term

Total paid over the term
$235,675
Principal paid down
$86,798
Interest paid
$148,878
Balance remaining
$623,602

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 42 whole-home leases in Cathedraltown$3,209/mo
$38,508Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,019 to $3,381Typical rent range
~19 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 42 whole-home leases in Cathedraltown signed at a median of $3,219 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,209. 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.

4.3%
Gross yield
− Property tax $5,601− Insurance $1,400− Vacancy & upkeep $4,236Net operating income $27,272

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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