62 Lakespring Drive, Markham, ON
Cachet, Markham · MLS® N13849238
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About this home
In short
- Welcome to 62 Lakespring Dr.
- Nestled on a quiet, family-friendly street in the heart of Markham, this beautifully maintained semi-detached home offers a wonderful blend of comfort, functionality...
- Featuring a bright and spacious layout with desirable south-facing exposure, the home boasts high-quality engineered hardwood flooring throughout the main and second...
- The newly finished basement, complete with an additional powder room, provides versatile living space ideal for a home gym, media room, or family retreat.
- Recent updates include a washer (2025), humidifier (2020), and roof (2018).
Welcome to 62 Lakespring Dr! Nestled on a quiet, family-friendly street in the heart of Markham, this beautifully maintained semi-detached home offers a wonderful blend of comfort, functionality, and over 2000sqft modern living space. Featuring a bright and spacious layout with desirable south-facing exposure, the home boasts high-quality engineered hardwood flooring throughout the main and second floors. The kitchen features elegant quartz countertops and stainless steel appliances, combining style and functionality. The second floor offers three generously sized bedrooms and two full bathrooms. The newly finished basement, complete with an additional powder room, provides versatile living space ideal for a home gym, media room, or family retreat. With four bathrooms throughout, this home is designed for comfortable family living. The private driveway with no sidewalk accommodates parking for up to three vehicles. Recent updates include a washer (2025), humidifier (2020), and roof (2018). Ideally located within the TOP school boundaries of St. Augustine Catholic High School, Lincoln Alexander Public School, and Richmond Green Secondary School. Just minutes from shopping, dining, parks, and major highways, this home offers an excellent combination of peaceful neighbourhood living and everyday convenience.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- N13849238
- Bedrooms
- 3
- Bathrooms
- 4 (2 half)
- Size
- 1100-1500 sq ft
- Lot
- 30 × 77 ft
- Cross streets
- Woodbine/ S Of Major Mackenzie
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,246 / 2026
- Days on market
- 18
- Listing brokerage
- AIMHOME REALTY INC.
Rooms
ceramic floor · w/o to yard
hardwood floor · large closet
hardwood floor · combined w/living · coffered ceiling(s)
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · bay window · coffered ceiling(s)
ceramic floor · south view
laminate · pot lights
hardwood floor · large closet
Listed at $988,800, about 7% below our estimate of $1.06M (homes like it typically land between $993K and $1.11M).
Total price vs nearby homes. Fair value about $1.06M, learned from recent GTA sales.
The market behind the math:
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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.07M. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 8 comparable homes that sold in Cachet over the past two years, from 9 closings there.
Sold 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
Cachet, Markham, ON
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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 20, 2026); conventional rates run a little higher.
Mortgage amount $791,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,374
- Property tax
- $437
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,811
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,251
- Estimated closing costs
- $16,251
Plus your down payment of $197,760. 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
- $262,428
- Principal paid down
- $96,650
- Interest paid
- $165,777
- Balance remaining
- $694,390
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AIMHOME REALTY INC.. MLS®/PropTx.