111 Carneros Way, Markham, ON

Cedar Grove, Markham · MLS® N13864610

$895,000
For Sale
Listed 14 days agoNo offer date stated

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4Bedrooms
3Bathrooms
2Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this stunning 3-year-new, 4-bedroom, 3-bathroom premium corner lot townhouse in the highly desirable Box Grove community.
  • Offering 1,935 sq ft of bright, open-concept living space, this home is filled with natural light and freshly painted throughout.
  • Highlights include a double garage, 9-ft ceilings and sleek laminate flooring on the main level, upgraded light fixtures, and a modern kitchen equipped with Tile...
  • The upper level features a convenient laundry room, three generous bedrooms, 4 pc bath and a primary suite complete with a walk-in closet, 5-piece ensuite, and direct...
  • Includes 2+1 parking spaces and an unbeatable location steps from community centre, library, banks, grocery stores, restaurants, Markham Stouffville Hospital, gyms...

Welcome to this stunning 3-year-new, 4-bedroom, 3-bathroom premium corner lot townhouse in the highly desirable Box Grove community! Offering 1,935 sq ft of bright, open-concept living space, this home is filled with natural light and freshly painted throughout. Highlights include a double garage, 9-ft ceilings and sleek laminate flooring on the main level, upgraded light fixtures, and a modern kitchen equipped with Tile flooring, a center island, and stainless steel appliances. The upper level features a convenient laundry room, three generous bedrooms, 4 pc bath and a primary suite complete with a walk-in closet, 5-piece ensuite, and direct walk-out access to a private balcony. Includes 2+1 parking spaces and an unbeatable location steps from community centre, library, banks, grocery stores, restaurants, Markham Stouffville Hospital, gyms, bakeries, Viva, and YRT transit. Don't miss out!

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13864610
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
81.47 × 26.56 ft
Cross streets
Donald Cousens Pkwy/ Hwy 407
Parking
2 garage · 3 parking (built-in)
Driveway
Available, Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,575 / 2025
Days on market
14
Listing brokerage
ANJIA REALTY

Rooms

KitchenMain2.90 × 3.66 m

centre island · tile floor · modern kitchen

Bedroom 3Second3.15 × 3.05 m

large window · broadloom · large closet

Dining RoomMain3.05 × 4.67 m

combined w/kitchen · laminate · large window

Primary BedroomSecond4.52 × 5.44 m

5 pc ensuite · large window · walk-in closet(s)

Bedroom 2Second3.05 × 3.05 m

large window · broadloom · large closet

Great RoomMain3.96 × 6.20 m

window floor to ceiling · laminate · open concept

Bedroom 4Second5.72 × 3.76 m

large window · large closet · 4 pc bath

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Cedar Grove, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$4,079/mo
$171KIncome needed
5.2×Price ÷ income
$941Weekly cost
$14,375Land 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.

91%mortgage
Mortgage $4,079Property tax $381Total carry $4,460

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)
$3,959per month

Mortgage amount $716,000 · 4.49% over 25 years

$179,000Down payment (20.0%)
$716,000Loan before insurance
$0CMHC premium
$4,340Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,959
Property tax
$381
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,340

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

One-time closing costs

Ontario land transfer tax
$14,375
Estimated closing costs
$14,375

Plus your down payment of $179,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,792/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

$471,666Total interest paid
$1,187,666Total of all payments
Principal $716,000 Interest $471,666
YearPrincipalInterestBalance
1$15,978$31,529$700,022
2$16,704$30,803$683,318
3$17,462$30,045$665,856
4$18,255$29,252$647,602
5$19,084$28,423$628,518
6$19,950$27,557$608,568
7$20,856$26,651$587,712
8$21,803$25,704$565,909
9$22,793$24,714$543,116
10$23,828$23,679$519,289
11$24,910$22,597$494,379
12$26,041$21,466$468,339
13$27,223$20,284$441,116
14$28,459$19,048$412,657
15$29,751$17,756$382,906
16$31,102$16,405$351,804
17$32,514$14,993$319,290
18$33,990$13,516$285,299
19$35,534$11,973$249,766
20$37,147$10,360$212,619
21$38,834$8,673$173,785
22$40,597$6,910$133,188
23$42,440$5,067$90,748
24$44,367$3,140$46,381
25$46,381$1,125$0

At the end of your 5-year term

Total paid over the term
$237,533
Principal paid down
$87,482
Interest paid
$150,051
Balance remaining
$628,518

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$3,150/mo
$37,800Gross annual rent
3.1%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.

4.2%
Gross yield
− Property tax $4,575− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,667

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

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