136 Mumbai Drive, Markham, ON

Middlefield, Markham · MLS® N13858888

$826,539
For Sale
Listed 16 days agoNo offer date stated

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3Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • NEW BUILD | CHOOSE YOUR OWN FINISHES | FINISHED BASEMENT INCLUDED Built by Remington Homes, this freehold townhome offers the rare opportunity to personalize a brand...
  • The home features 9-foot ceilings on the main and second floors, a spacious kitchen with island, backyard, primary ensuite with a freestanding soaker tub and a...
  • PURCHASE PRICE: $826,539.82 plus HST - Net of rebate pricing is available to buyers who qualify under CRA guidelines and who assign all rebates to the builder at closing.
  • Anticipated completion: 5 or 6 months.

NEW BUILD | CHOOSE YOUR OWN FINISHES | FINISHED BASEMENT INCLUDED Built by Remington Homes, this freehold townhome offers the rare opportunity to personalize a brand new home before it is completed. The exterior is complete, while the interior has intentionally been left unfinished so the new owner can select their preferred flooring, cabinetry, countertops, tile and available upgrades. Once the selections are made, the builder completes the home for you. The home features 9-foot ceilings on the main and second floors, a spacious kitchen with island, backyard, primary ensuite with a freestanding soaker tub and a finished basement included. PURCHASE PRICE: $826,539.82 plus HST - Net of rebate pricing is available to buyers who qualify under CRA guidelines and who assign all rebates to the builder at closing. A credit for qualifying Purchasers will be provided on the closing adjustments. IMPORTANT: Interior showings are not available at this stage because the home is awaiting its new owner's finish selections before completion. Buyers are welcome to view the completed exterior and look inside from permitted exterior areas. No entry into the home or construction area is permitted without builder authorization. Located beside Aaniin Community Centre, with parks, schools, recreation, trails, transit and major highways nearby. Anticipated completion: 5 or 6 months.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13858888
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
20 × 100 ft
Cross streets
14th Ave & Middlefield Rd
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
16
Listing brokerage
ENGEL & VOLKERS TORONTO CITY

Rooms

Bedroom 3Second2.08 × 2.68 m

double closet · large window · broadloom

Great RoomMain5.06 × 3.05 m

hardwood floor · window

BreakfastMain2.74 × 2.05 m

w/o to yard · ceramic floor

Bedroom 2Second3.05 × 3.23 m

double closet · window · broadloom

KitchenMain2.74 × 2.74 m

centre island · ceramic floor

Primary BedroomSecond4.57 × 3.69 m

5 pc ensuite · walk-in closet(s) · broadloom

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Middlefield, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$3,767/mo
$164KIncome needed
5.0×Price ÷ income
$869Weekly cost
$13,006Land 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.

88%mortgage
Mortgage $3,767Estimated property tax $517Total carry $4,284

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)
$3,656per month

Mortgage amount $661,231 · 4.49% over 25 years

$165,308Down payment (20.0%)
$661,231Loan before insurance
$0CMHC premium
$4,173Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,656
Estimated property tax
$517
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,173

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

One-time closing costs

Ontario land transfer tax
$13,006
Estimated closing costs
$13,006

Plus your down payment of $165,308. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,425/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

$435,587Total interest paid
$1,096,818Total of all payments
Principal $661,231 Interest $435,587
YearPrincipalInterestBalance
1$14,756$29,117$646,475
2$15,426$28,447$631,049
3$16,126$27,746$614,923
4$16,858$27,014$598,065
5$17,624$26,249$580,441
6$18,424$25,449$562,017
7$19,261$24,612$542,756
8$20,135$23,738$522,621
9$21,049$22,823$501,572
10$22,005$21,868$479,567
11$23,004$20,869$456,563
12$24,049$19,824$432,514
13$25,141$18,732$407,374
14$26,282$17,591$381,091
15$27,475$16,397$353,616
16$28,723$15,150$324,893
17$30,027$13,846$294,866
18$31,390$12,482$263,476
19$32,816$11,057$230,661
20$34,305$9,567$196,355
21$35,863$8,010$160,492
22$37,491$6,381$123,001
23$39,194$4,679$83,807
24$40,973$2,899$42,834
25$42,834$1,039$0

At the end of your 5-year term

Total paid over the term
$219,364
Principal paid down
$80,790
Interest paid
$138,573
Balance remaining
$580,441

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$2,300/mo
$27,600Gross annual rent
2.1%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.

3.3%
Gross yield
− Property tax $5,786− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,378

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ENGEL & VOLKERS TORONTO CITY. MLS®/PropTx.

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