1 Holloway Road, Markham, ON
Cedarwood, Markham · MLS® N13847584
About this home
In short
- Welcome to this bright and inviting 3+1 bedroom, 4-bathroom corner-lot home in one of Markham's most desirable communities.
- The open-concept main floor features generous living and dining spaces, while upstairs you'll find 3 well-sized bedrooms, including a primary suite with an ensuite bath.
- A finished basement with a separate entrance, additional bedroom, and full bathroom offers excellent potential for an in-law suite or multi-generational living.
- Complete with a built-in garage and private driveway, this home is ideally located close to top-rated schools, parks, shopping, Costco, Walmart, Home Depot, and...
Welcome to this bright and inviting 3+1 bedroom, 4-bathroom corner-lot home in one of Markham's most desirable communities. Drenched in natural light from windows on multiple sides, this cozy yet spacious home offers a functional layout that flows effortlessly for both everyday living and entertaining. The open-concept main floor features generous living and dining spaces, while upstairs you'll find 3 well-sized bedrooms, including a primary suite with an ensuite bath. A finished basement with a separate entrance, additional bedroom, and full bathroom offers excellent potential for an in-law suite or multi-generational living. Complete with a built-in garage and private driveway, this home is ideally located close to top-rated schools, parks, shopping, Costco, Walmart, Home Depot, and Highways 401 and 407. A fantastic opportunity to own a light-filled family home with great bones, endless potential, and the chance to add your own style and vision in a highly sought-after neighbourhood.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- N13847584
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Cross streets
- Markham/Steeles
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,357 / 2026
- Days on market
- 18
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
eat-in kitchen · w/o to yard · overlooks backyard
hardwood floor · closet · 5 pc bath
hardwood floor · walk-in closet(s) · window
laminate · closet
combined w/living · hardwood floor · open concept
laminate · closet · window
laminate · closet
hardwood floor · mirrored ceiling · window
combined w/dining · hardwood floor · pot lights
Listed at $945,000. Going by how homes in Cedarwood and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $916K, if it sells. A realistic range is $858K to $1.03M.
Independent value check: $922K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $864K and $967K).
Total price vs nearby homes. Likely closing about $916K, from 6 recent closings in this pocket.
The market behind the math:
About 2.5 months of inventory: 5 semi-detached homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $540/sqft against an area asking average of $487/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Cedarwood: 9 of the 49 detached leases here lately were basement units, around $1,699 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $815K. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Cedarwood, so I widened the search to the surrounding area.
Based on 6 comparable homes that sold in Cedarwood over the past two years, from 31 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $922K, which is where my estimate comes from.
Per square foot, these ask about $490/sqft; this home lists at $540/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 19 |
| November 2025 | $1.06M | 14 |
| December 2025 | $1.04M | 7 |
| January 2026 | $1.04M | 8 |
| February 2026 | $1.06M | 5 |
| March 2026 | $1.04M | 11 |
| April 2026 | $1.08M | 16 |
| May 2026 | $1.06M | 19 |
| June 2026 | $1.04M | 22 |
| July 2026 | $1.02M | 17 |
| August 2026 | $945K | 15 |
| September 2026 | $1.00M | 20 |
Neighbourhood & location
Cedarwood, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $756,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,180
- Property tax
- $363
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,543
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,375
- Estimated closing costs
- $15,375
Plus your down payment of $189,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $250,803
- Principal paid down
- $92,369
- Interest paid
- $158,434
- Balance remaining
- $663,631
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.
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
The suite is real income here: basements rent in Cedarwood (9 of 49 recent detached leases were basement units, around $1,699 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,699 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 20 whole-home leases in Cedarwood signed at a median of $2,931 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,817. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.