20 James Scott Road, Markham, ON

Vinegar Hill, Markham · MLS® N13844964

$689,900
For Sale
Listed 19 days agoNo offer date stated
Request a showing
◎ Directions

About this home

In short

  • Attention Builders & Investors.
  • Single Building Lot In Prime Markham Village Area Near Markham Rd And Hwy 407.
  • Premium "4,725.35 Sq Ft Lot.
  • Close To All Major Amenities Including Markham Village, Rouge Valley Park And River, Go Station, Library, Transit, Community Center, And Hwy 407.
  • Information Sheet on Potential Construction is also attached here; Selling as is. EXTRAS Click On More Photos/Multimedia To View Property Video] Seller & Seller...

Attention Builders & Investors. Selling as is. Single Building Lot In Prime Markham Village Area Near Markham Rd And Hwy 407. Huge "46 Ft" Frontage. Premium "4,725.35 Sq Ft Lot. Mature Trees. Area Of With Fast Paced Growth, High Demand, And Development. Top Ranking School Zone. Exceptional Opportunity And Potential. Close To All Major Amenities Including Markham Village, Rouge Valley Park And River, Go Station, Library, Transit, Community Center, And Hwy 407. Information Sheet on Potential Construction is also attached here; Selling as is. **EXTRAS** *Click On More Photos/Multimedia To View Property Video*] Seller & Seller Representatives Do Not Make Any Representations Or Warranties To Future Development Or Uses. Appointment Required To Walk The Property.

Key facts

Property type
Other, Other
MLS®
N13844964
Lot
46.52 × 101.74 ft
Cross streets
Markham Rd
Basement
None
Property tax
$2,934 / 2025
Days on market
19
Listing brokerage
HOMELIFE/RESPONSE REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Vinegar Hill · asking prices
$1.17Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.

Per square foot, these ask about $666/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
690kThis home1.00M1.10M1.40MThis home vs active comparables

Neighbourhood & location

Vinegar Hill, 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
$1.10M
Sherwood-Amberglen
$1.18M
Markham Village
$1.31M
Cedarwood
$866K
Cornell
$889K

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
$3,144/mo
$131KIncome needed
5.3×Price ÷ income
$726Weekly cost
$10,273Land 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.

93%mortgage
Mortgage $3,144Property tax $245Total carry $3,389

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)
$3,052per month

Mortgage amount $551,920 · 4.49% over 25 years

$137,980Down payment (20.0%)
$551,920Loan before insurance
$0CMHC premium
$3,296Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,052
Property tax
$245
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,296

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

One-time closing costs

Ontario land transfer tax
$10,273
Estimated closing costs
$10,273

Plus your down payment of $137,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,694/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

$363,578Total interest paid
$915,498Total of all payments
Principal $551,920 Interest $363,578
YearPrincipalInterestBalance
1$12,317$24,303$539,603
2$12,876$23,744$526,728
3$13,460$23,160$513,267
4$14,071$22,548$499,196
5$14,710$21,910$484,486
6$15,378$21,242$469,107
7$16,077$20,543$453,031
8$16,806$19,813$436,224
9$17,570$19,050$418,655
10$18,367$18,253$400,287
11$19,201$17,419$381,086
12$20,073$16,547$361,013
13$20,984$15,635$340,029
14$21,937$14,683$318,091
15$22,933$13,687$295,158
16$23,975$12,645$271,184
17$25,063$11,557$246,121
18$26,201$10,419$219,920
19$27,391$9,229$192,529
20$28,634$7,986$163,895
21$29,934$6,686$133,960
22$31,294$5,326$102,667
23$32,714$3,906$69,952
24$34,200$2,420$35,753
25$35,753$867$0

At the end of your 5-year term

Total paid over the term
$183,100
Principal paid down
$67,434
Interest paid
$115,665
Balance remaining
$484,486

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$2,650/mo
$31,800Gross annual rent
3.5%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.

4.6%
Gross yield
− Property tax $2,934− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $23,968

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

CallRequest a showing