202 Carlton Road, Markham, ON

Unionville, Markham · MLS® N13859024

$3,380,000
For Sale
Listed 12 days agoNo offer date stated
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◎ Directions
5+1Bedrooms
7Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • Discover this brand-new, custom-built luxury home in the prestigious Unionville neighborhood, just minutes from Main Street Unionville and Toogood Pond.
  • Step inside to 11-ft ceilings, premium French chevron engineered hardwood flooring, and anti-fingerprint glass railings.
  • The gourmet kitchen is a showstopper, featuring full-height custom cabinetry with sintered stone backsplash, massive social island, Jennair built-in fridge, steam...
  • Upstairs, enjoy 9-ft ceilings, a luxurious primary suite with a walk-out balcony, curveless sunny shower, custom walk-in closet with skylight, heated flooring, and a...
  • The finished basement includes 9-ft ceilings, a spacious rec room, built-in home theatre, guest suite, and sunken garden walk-up patio perfect for entertaining or...

Your search ends here! Discover this brand-new, custom-built luxury home in the prestigious Unionville neighborhood, just minutes from Main Street Unionville and Toogood Pond. With over 5,500 sq ft of total living space and parking for up to 8 vehicles, this residence sits on a professionally landscaped lot with over $100,000 invested in premium hardscaping, including large-format Unilock interlock and a natural limestone front porch. Step inside to 11-ft ceilings, premium French chevron engineered hardwood flooring, and anti-fingerprint glass railings. The home is bathed in natural light through floor-to-ceiling French windows and a skylight above the grand staircase. The gourmet kitchen is a showstopper, featuring full-height custom cabinetry with sintered stone backsplash, massive social island, Jennair built-in fridge, steam oven & microwave, Wolf gas cooktop, Bosch dishwasher, and a pot filler. A second enclosed kitchen with a window is discreetly tucked away, added functionality for serious cooks. Upstairs, enjoy 9-ft ceilings, a luxurious primary suite with a walk-out balcony, curveless sunny shower, custom walk-in closet with skylight, heated flooring, and a smart toilet. All additional bedrooms are ensuite, with heated floors and smart toilets in bathrooms. The finished basement includes 9-ft ceilings, a spacious rec room, built-in home theatre, guest suite, and sunken garden walk-up patio perfect for entertaining or multigenerational living. Comfort and convenience are ensured with dual HVAC systems, built-in sound system in main floor, a smart security system and high-efficiency insulation windows throughout. A rare find in Unionville luxury, function, and timeless design come together.

Key facts

Property type
Detached, 2-Storey
MLS®
N13859024
Bedrooms
5+1 (6 total)
Bathrooms
7 (1 half)
Size
3500-5000 sq ft
Lot
50 × 133 ft
Cross streets
Warden Ave & Hwy 7
Parking
2 garage · 8 parking (attached)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Aluminum Siding
Foundation
Poured Concrete
Roof
Flat, Asphalt Shingle
Sewer
Other
Property tax
$5,977 / 2025
Days on market
12
Listing brokerage
MASTER`S TRUST REALTY INC.

Rooms

KitchenMain7.70 × 4.13 m

centre island · b/i ctr-top stove · breakfast area

LibraryMain3.45 × 2.85 m

casement windows · pot lights · hardwood floor

Powder RoomMain1.45 × 2.43 m

window floor to ceiling · 4 pc ensuite · double closet

Bedroom 3Second3.53 × 4.72 m

window floor to ceiling · 4 pc ensuite · b/i closet

KitchenMain2.50 × 2.80 m

ceramic backsplash · casement windows · enclosed

Family RoomMain5.18 × 7.10 m

electric fireplace · pot lights · hardwood floor

Living RoomMain3.98 × 5.43 m

built-in speakers · casement windows · electric fireplace

BedroomIn Between5.80 × 5.44 m

window floor to ceiling · 4 pc ensuite · b/i closet

Dining RoomMain3.44 × 5.43 m

hardwood floor · combined w/kitchen · closet

Bedroom 2Second3.82 × 4.34 m

casement windows · 4 pc ensuite · b/i closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.32Mlikely sale price

Listed at $3,380,000. Going by how homes in Unionville and the wider GTA have actually closed against their asking prices (about 98%, 38 local closings in 90 days), the likely sale price is near $3.32M, if it sells. A realistic range is $3.11M to $3.74M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes a new or newly built home, and the public record (tax bill, size) can still describe what stood on the lot before.

List price
$3.11MBelow recent closings$3.74MAbove recent closings

Total price vs nearby homes. Likely closing about $3.32M, from 38 recent closings in this pocket.

The market behind the math:

38sold nearby · 90 days
$1.68Mmedian sold price
99%of asking, on average
−3%prices vs a year ago
~18 dayshomes like this take to sell
12days on market so far
$5,597/moest. rent · 12 leases
2.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 10 detached homes for sale in the area against 38 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 $795/sqft against an area asking average of $773/sqft.

  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.98M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($795/sqft) is in line with the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 38 comparable homes that sold in Unionville over the past two years, from 230 closings there.

Sold price trend

Median sold price for detached homes in Unionville: $1.70M in September 2026, down 7% from a year ago, on 126 closings in 11 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$1.76M8
November 2025$1.84M9
December 2025$1.78M9
January 2026$1.63M10
March 2026$1.68M12
April 2026$1.59M19
May 2026$1.69M9
June 2026$1.75M16
July 2026$1.73M5
August 2026$1.60M19
September 2026$1.70M10

Neighbourhood & location

Unionville, 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.

Markville
$1.00M
Angus Glen
$1.66M
Berczy
$1.70M
Wismer
$1.40M
Milliken Mills East
$1.48M

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
$15,405/mo
$600KIncome needed
5.6×Price ÷ income
$3,555Weekly cost
$70,975Land 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.

97%mortgage
Mortgage $15,405Property tax $498Total carry $15,903

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$14,951per month

Mortgage amount $2,704,000 · 4.49% over 25 years

$676,000Down payment (20.0%)
$2,704,000Loan before insurance
$0CMHC premium
$15,449Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,951
Property tax
$498
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,449

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

One-time closing costs

Ontario land transfer tax
$70,975
Estimated closing costs
$70,975

Plus your down payment of $676,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,096/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

$1,781,264Total interest paid
$4,485,264Total of all payments
Principal $2,704,000 Interest $1,781,264
YearPrincipalInterestBalance
1$60,342$119,069$2,643,658
2$63,082$116,329$2,580,577
3$65,946$113,465$2,514,631
4$68,940$110,471$2,445,691
5$72,070$107,341$2,373,621
6$75,342$104,068$2,298,279
7$78,763$100,647$2,219,516
8$82,339$97,071$2,137,176
9$86,078$93,333$2,051,099
10$89,986$89,424$1,961,112
11$94,072$85,339$1,867,041
12$98,343$81,067$1,768,698
13$102,808$76,602$1,665,889
14$107,476$71,934$1,558,413
15$112,356$67,055$1,446,057
16$117,457$61,953$1,328,600
17$122,790$56,620$1,205,809
18$128,366$51,045$1,077,444
19$134,194$45,217$943,250
20$140,287$39,124$802,963
21$146,656$32,754$656,306
22$153,315$26,095$502,991
23$160,276$19,134$342,715
24$167,554$11,857$175,161
25$175,161$4,249$0

At the end of your 5-year term

Total paid over the term
$897,053
Principal paid down
$330,379
Interest paid
$566,674
Balance remaining
$2,373,621

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 12 whole-home leases in Unionville$5,597/mo
$67,164Gross annual rent
1.6%Cap rate after taxes and upkeep
$5,317 to $5,876Typical rent range
~36 daysTo find a tenant, on average

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 12 whole-home leases in Unionville signed at a median of $4,753 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,597. 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.

2.0%
Gross yield
− Property tax $5,977− Insurance $1,400− Vacancy & upkeep $7,388Net operating income $52,399

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MASTER`S TRUST REALTY INC.. MLS®/PropTx.

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