105 Fred Varley Drive, Markham, ON

Unionville, Markham · MLS® N13866174

$1,550,000
For Sale
Listed 13 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
2Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Unmatched location in historic Unionville.
  • Step directly from your private backyard gate into iconic Toogood Pond Park to enjoy walking tracks, tennis courts, and playgrounds.
  • This beautifully updated, carpet-free 3-level backsplit offers modern elegance with stylish grey-toned hardwood floors throughout.
  • The renovated kitchen features granite countertops, stainless steel appliances, and a bright eat-in area.
  • Sunlight pours into the open-concept living and dining rooms through east-facing windows.

Unmatched location in historic Unionville! Step directly from your private backyard gate into iconic Toogood Pond Park to enjoy walking tracks, tennis courts, and playgrounds. This beautifully updated, carpet-free 3-level backsplit offers modern elegance with stylish grey-toned hardwood floors throughout. The renovated kitchen features granite countertops, stainless steel appliances, and a bright eat-in area. Sunlight pours into the open-concept living and dining rooms through east-facing windows. Walk out to a versatile sunroom-perfect for a home office, gym, or retreat-leading to a spacious deck for outdoor entertaining. The bright, above-grade lower level boasts big windows, a walk-up to the backyard, and an additional ensuite bedroom with a full 3-piece bath. Only a 10-minute stroll to vibrant Main Street Unionville!

Key facts

Property type
Detached, Backsplit 3
MLS®
N13866174
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
53.25 × 128.28 ft
Cross streets
Sciberras and Hwy 7
Parking
2 garage · 4 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,749 / 2026
Days on market
13
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Living RoomMain4.64 × 3.88 m

hardwood floor · open concept · combined w/dining

KitchenMain6.93 × 2.74 m

hardwood floor · open concept · breakfast area

Dining RoomMain3.35 × 3.27 m

hardwood floor · open concept · combined w/living

SunroomMain4.57 × 3.50 m

hardwood floor · w/o to sundeck · east view

Bedroom 3Upper2.97 × 2.89 m

hardwood floor · closet

RecreationLower6.93 × 3.96 m

Hardwood Floor

Primary BedroomUpper4.57 × 3.35 m

hardwood floor · 2 pc ensuite · double closet

Bedroom 2Upper3.20 × 2.97 m

hardwood floor · double closet

Bedroom 4Lower3.88 × 3.58 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.52Mlikely sale price

Listed at $1,550,000. 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 $1.52M, if it sells. A realistic range is $1.43M to $1.71M.

Independent value check: $1.36M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.27M and $1.42M).

Why $1.36M. The typical detached home sold in Unionville over the past year went for about $1.68M (127 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $7,749 a year; the typical home sold here pays about $8,700.
  • ▼ Lowers it slightly3+1 bedrooms and 3 baths, against 4+1 and 4 typically.
List price
$1.43MBelow recent closings$1.71MAbove recent closings

Total price vs nearby homes. Likely closing about $1.52M, 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
13days on market so far
$3,042/moest. rent · 27 leases
2.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 35 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 $1,192/sqft against an area asking average of $764/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 38 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.34M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Unionville, so I widened the search to the surrounding area.

Based on 38 comparable homes that sold in Unionville over the past two years, from 227 closings there.

What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$1.51Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.36M, which is where my estimate comes from.

Per square foot, these ask about $942/sqft; this home lists at $1,192/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.55MThis home1.59M1.47M1.49M1.50MThis home vs active comparables

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.

Cachet
$2.30M
Devil's Elbow
$5.30M
Berczy
$1.61M
Milliken Mills East
$1.49M
Bullock
$1.10M

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
$7,064/mo
$293KIncome needed
5.3×Price ÷ income
$1,630Weekly cost
$27,475Land 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 $7,064Property tax $646Total carry $7,710

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,856per month

Mortgage amount $1,240,000 · 4.49% over 25 years

$310,000Down payment (20.0%)
$1,240,000Loan before insurance
$0CMHC premium
$7,502Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,856
Property tax
$646
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,502

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

One-time closing costs

Ontario land transfer tax
$27,475
Estimated closing costs
$27,475

Plus your down payment of $310,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,298/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

$816,852Total interest paid
$2,056,852Total of all payments
Principal $1,240,000 Interest $816,852
YearPrincipalInterestBalance
1$27,672$54,603$1,212,328
2$28,928$53,346$1,183,401
3$30,241$52,033$1,153,159
4$31,614$50,660$1,121,545
5$33,050$49,224$1,088,495
6$34,550$47,724$1,053,944
7$36,119$46,155$1,017,825
8$37,759$44,515$980,066
9$39,474$42,801$940,593
10$41,266$41,008$899,327
11$43,139$39,135$856,187
12$45,098$37,176$811,089
13$47,146$35,128$763,943
14$49,286$32,988$714,657
15$51,524$30,750$663,133
16$53,864$28,410$609,269
17$56,309$25,965$552,960
18$58,866$23,408$494,094
19$61,539$20,735$432,555
20$64,333$17,941$368,223
21$67,254$15,020$300,969
22$70,307$11,967$230,662
23$73,500$8,775$157,162
24$76,837$5,437$80,325
25$80,325$1,949$0

At the end of your 5-year term

Total paid over the term
$411,370
Principal paid down
$151,505
Interest paid
$259,865
Balance remaining
$1,088,495

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 27 whole-home leases in Unionville$3,042/mo
$36,504Gross annual rent
1.5%Cap rate after taxes and upkeep
$2,890 to $3,530Typical rent range
~35 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 27 whole-home leases in Unionville signed at a median of $3,473 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,042. 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.

2.4%
Gross yield
− Property tax $7,749− Insurance $1,400− Vacancy & upkeep $4,015Net operating income $23,339

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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