40 Colonel Butler Drive, Markham, ON
Sherwood-Amberglen, Markham · MLS® N13851020
About this home
In short
- Welcome to 40 Colonel Butler Drive, tucked away in the established and highly sought-after Sherwood-Amberglen community of Markham.
- Set on an exceptional 40 x 218 ft lot surrounded by mature trees, this spacious 2-storey brick home offers over 2,650 sq. ft. above grade, a finished lower level and...
- Upstairs, the impressive primary retreat measures approximately 19 x 17 ft and overlooks the pool, with a 5-piece ensuite and an exceptionally large walk-in dressing...
- With a lot extending approximately 218 ft deep, this is outdoor space that is increasingly hard to find in Markham.
- Mature trees and established landscaping create a private, leafy setting around the inground pool, with generous patio and lounging areas for summer entertaining...
Welcome to 40 Colonel Butler Drive, tucked away in the established and highly sought-after Sherwood-Amberglen community of Markham. Set on an exceptional 40 x 218 ft lot surrounded by mature trees, this spacious 2-storey brick home offers over 2,650 sq. ft. above grade, a finished lower level and a spectacular backyard retreat with an inground pool. Inside, the generous main-floor layout offers plenty of room to gather, entertain and simply enjoy everyday life. Formal living and dining rooms are complemented by a spacious kitchen with centre island, stainless steel appliances and a walkout to the backyard, while the family room features a gas fireplace, bow window and views of the beautiful outdoor setting. Main-floor laundry with direct garage access adds everyday convenience. Upstairs, the impressive primary retreat measures approximately 19 x 17 ft and overlooks the pool, with a 5-piece ensuite and an exceptionally large walk-in dressing room. Additional bedrooms provide comfortable space for family, guests or a home office. The finished lower level adds even more versatility with an expansive recreation room, wine cellar, walk-in closet and abundant storage. And then there is the backyard. With a lot extending approximately 218 ft deep, this is outdoor space that is increasingly hard to find in Markham. Mature trees and established landscaping create a private, leafy setting around the inground pool, with generous patio and lounging areas for summer entertaining, dining and relaxing. Located in Sherwood-Amberglen, an established neighbourhood known for its mature streetscapes and access to parks and green space, you're minutes from Main Street Markham, the Rouge Valley trail system, Milne Dam Conservation Park, Markham Stouffville Hospital, shopping, dining, transit and major commuter routes. A substantial family home, an extraordinary lot and a backyard built for summer - all in one of Markham's established communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13851020
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 40.03 × 218 ft
- Cross streets
- Empire St / Colonel Butler
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $6,919 / 2025
- Days on market
- 18
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
hardwood floor · formal rm · pot lights
Hardwood Floor
centre island · w/o to pool · stainless steel appl
fireplace · bow window · pot lights
walk-in closet(s) · hardwood floor
Hardwood Floor
w/o to garage · laundry sink
hardwood floor · combined w/living · pot lights
hardwood floor · overlooks pool
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.
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The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $621/sqft; this home lists at $581/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Sherwood-Amberglen, Markham, ON
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Typical asking price of active listings of the same type, per area (outliers removed). Markham.
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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.
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Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,278,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,068
- Property tax
- $577
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,645
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,435
- Estimated closing costs
- $28,435
Plus your down payment of $319,600. 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
- $424,110
- Principal paid down
- $156,197
- Interest paid
- $267,913
- Balance remaining
- $1,122,203
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.