62 Emeline Crescent, Markham, ON

Markham Village, Markham · MLS® N13858674

$1,195,000
For Sale
Listed 12 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome home to 62 Emeline Crescent where timeless comfort meets modern family living in coveted Markham Village.
  • This immaculate 2-storey detached home offers bright spaces designed for everyday living and effortlessly hosting guests.
  • Upstairs, 4 spacious bedrooms await, including a primary retreat boasting a renovated ensuite and walk-in closet.
  • Includes 3 updated bathrooms, a fully finished basement for added living space, and a double-car garage.

Welcome home to 62 Emeline Crescent where timeless comfort meets modern family living in coveted Markham Village! This immaculate 2-storey detached home offers bright spaces designed for everyday living and effortlessly hosting guests. The inviting main floor features light-filled living areas and a warm family room anchored by a cozy fireplace. Step out to your private, fully fenced backyard sanctuary with a stone patio, perfect for summer BBQs and outdoor relaxation. Upstairs, 4 spacious bedrooms await, including a primary retreat boasting a renovated ensuite and walk-in closet. Includes 3 updated bathrooms, a fully finished basement for added living space, and a double-car garage. Nestled on a quiet, tree-lined street just minutes from top-rated schools, parks, transit, and the charm of historic Main Street Markham!

Key facts

Property type
Detached, 2-Storey
MLS®
N13858674
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
49.21 × 111.78 ft
Cross streets
Fincham Ave & Wootten Way
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,475 / 2025
Days on market
12
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.17Mlikely sale price

Listed at $1,195,000. Going by how homes in Markham Village and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $1.17M, if it sells. A realistic range is $1.10M to $1.32M.

Independent value check: $1.18M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.11M and $1.24M).

Why $1.18M. The typical detached home sold in Markham Village over the past year went for about $1.26M (94 sales). What sets this one apart:

  • ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $5,475 a year; the typical home sold here pays about $5,800.
List price
$1.10MBelow recent closings$1.32MAbove recent closings

Total price vs nearby homes. Likely closing about $1.17M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.18Mmedian sold price
98%of asking, on average
−11%prices vs a year ago
~20 dayshomes like this take to sell
12days on market so far
$4,063/moest. rent · 22 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 14 detached homes for sale in the area against 22 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 $531/sqft against an area asking average of $597/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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.21M. 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 22 comparable homes that sold in Markham Village over the past two years, from 167 closings there.

Sold price trend

Median sold price for detached homes in Markham Village: $1.14M in September 2026, down 7% from a year ago, on 91 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.22M10
November 2025$1.38M11
December 2025$1.27M6
February 2026$1.38M7
March 2026$1.26M10
April 2026$1.25M9
May 2026$1.60M11
June 2026$1.08M9
August 2026$1.22M10
September 2026$1.14M8

Neighbourhood & location

Markham Village, 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.

Cornell
$1.34M
Greensborough
$1.20M
Sherwood-Amberglen
$1.18M
Wismer
$1.39M
Markville
$1.00M

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
$5,446/mo
$225KIncome needed
5.3×Price ÷ income
$1,257Weekly cost
$20,375Land 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.

92%mortgage
Mortgage $5,446Property tax $456Total carry $5,903

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,286per month

Mortgage amount $956,000 · 4.49% over 25 years

$239,000Down payment (20.0%)
$956,000Loan before insurance
$0CMHC premium
$5,742Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,286
Property tax
$456
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,742

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

One-time closing costs

Ontario land transfer tax
$20,375
Estimated closing costs
$20,375

Plus your down payment of $239,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,398/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

$629,766Total interest paid
$1,585,766Total of all payments
Principal $956,000 Interest $629,766
YearPrincipalInterestBalance
1$21,334$42,097$934,666
2$22,302$41,128$912,364
3$23,315$40,116$889,049
4$24,374$39,057$864,675
5$25,480$37,950$839,194
6$26,637$36,793$812,557
7$27,847$35,584$784,710
8$29,111$34,320$755,599
9$30,433$32,998$725,167
10$31,815$31,616$693,352
11$33,259$30,172$660,093
12$34,769$28,661$625,324
13$36,348$27,083$588,976
14$37,998$25,432$550,977
15$39,723$23,707$511,254
16$41,527$21,904$469,727
17$43,413$20,018$426,314
18$45,384$18,047$380,931
19$47,444$15,986$333,486
20$49,598$13,832$283,888
21$51,850$11,580$232,037
22$54,205$9,226$177,833
23$56,666$6,765$121,167
24$59,239$4,192$61,928
25$61,928$1,502$0

At the end of your 5-year term

Total paid over the term
$317,153
Principal paid down
$116,806
Interest paid
$200,348
Balance remaining
$839,194

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 22 whole-home leases in Markham Village$4,063/mo
$48,756Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,276 to $4,312Typical rent range

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 22 whole-home leases in Markham Village signed at a median of $4,162 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,063. 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.

4.1%
Gross yield
− Property tax $5,475− Insurance $1,400− Vacancy & upkeep $5,363Net operating income $36,518

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

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