10490 Victoria Square Boulevard, Markham, ON

Cathedraltown, Markham · MLS® N13866534

$1,198,000
For Sale
Listed 13 days agoNo offer date stated
Request a showing
◎ Directions
3+1Bedrooms
4Bathrooms
2Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Well Maintained Two Car Garage Freehold Townhome in Cathedraltown Markham.
  • 24Ft' Wide End Unit With Large Side Window, Just Like A Semi.
  • Functional Open Concept With 9 Ft' Ceiling on Main Floor.
  • Renovated Ceramic Flooring On Main Floor.
  • Finished Basement With A Great Room, One Bedroom And A Full Bathroom.

Well Maintained Two Car Garage Freehold Townhome in Cathedraltown Markham. 24Ft' Wide End Unit With Large Side Window, Just Like A Semi! Functional Open Concept With 9 Ft' Ceiling on Main Floor. New Paint Throughout (2026). Modern Kitchen Comes With Butler's Pantry And Extra Wall Cabinetry. Oversized Granite Kitchen Counter With Breakfast Bar. Renovated Ceramic Flooring On Main Floor. Finished Basement With A Great Room, One Bedroom And A Full Bathroom. Fully Fenced , Interlocked Backyard. Minutes To Hwy 404 & 407, Costco, Supermarkets And Restaurants.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13866534
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
24.61 × 114.9 ft
Cross streets
Woodbine/ Major Mackenzie
Parking
2 garage · 3 parking (detached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,622 / 2026
Days on market
13
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 4Basement5.48 × 3.81 m

laminate · large closet · window

Bedroom 2Second4.72 × 3.05 m

laminate · large closet · window

Great RoomBasement4.39 × 5.58 m

laminate · open concept

Bedroom 3Second4.72 × 2.64 m

laminate · large closet · window

Primary BedroomSecond5.94 × 3.96 m

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

Living RoomMain7.16 × 4.72 m

ceramic floor · overlooks frontyard · combined w/dining

Family RoomMain5.79 × 3.66 m

ceramic floor · large window · overlooks backyard

KitchenMain5.79 × 3.05 m

ceramic floor · breakfast bar · stainless steel appl

Dining RoomMain7.16 × 4.72 m

ceramic floor · window · combined w/living

Our TakeTeam Asgarian · Broker
In line with recent sales
$1.16Mautomated estimate, from recent sales

Listed at $1,198,000, about 3% above our estimate of $1.16M (homes like it typically land between $1.09M and $1.21M).

Why $1.16M. The typical townhouse sold in Cathedraltown over the past year went for about $1.16M (24 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $5,622 a year; the typical home sold here pays about $5,300.
  • ▲ Raises it slightly2 garage and 3 total parking spaces, against 1.5 and 3 typically.
List price
$1.09MBelow our range$1.21MAbove our range

Total price vs nearby homes. Fair value about $1.16M, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
13days on market so far
$3,439/moest. rent · 5 leases
3.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 townhouse homes for sale in the area against 3 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 $532/sqft against an area asking average of $516/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.15M. 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.

  • 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 4 homes sold on this street over the past two years, plus 1 nearby in Cathedraltown, from 53 closings in Cathedraltown.

What sellers nearby are askingCurrently listed nearby in Cathedraltown · asking prices
$1.05Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.16M, which is where my estimate comes from.

Per square foot, these ask about $516/sqft; this home lists at $532/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.20MThis home1.15M888k1.01M1.09M1.10MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

Neighbourhood & location

Cathedraltown, 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.

Victoria Square
$1.08M
Angus Glen
$1.26M
Berczy
$935K
Unionville
$1.40M
Wismer
$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
$5,460/mo
$226KIncome needed
5.3×Price ÷ income
$1,260Weekly cost
$20,435Land 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 $5,460Property tax $469Total carry $5,929

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

years
years (your rate-locked period)
$5,299per month

Mortgage amount $958,400 · 4.49% over 25 years

$239,600Down payment (20.0%)
$958,400Loan before insurance
$0CMHC premium
$5,768Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,299
Property tax
$469
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,768

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

One-time closing costs

Ontario land transfer tax
$20,435
Estimated closing costs
$20,435

Plus your down payment of $239,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,414/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

$631,347Total interest paid
$1,589,747Total of all payments
Principal $958,400 Interest $631,347
YearPrincipalInterestBalance
1$21,387$42,202$937,013
2$22,358$41,231$914,654
3$23,374$40,216$891,280
4$24,435$39,155$866,846
5$25,544$38,046$841,301
6$26,704$36,886$814,597
7$27,917$35,673$786,680
8$29,184$34,406$757,496
9$30,509$33,081$726,987
10$31,894$31,695$695,093
11$33,343$30,247$661,750
12$34,857$28,733$626,893
13$36,439$27,151$590,454
14$38,094$25,496$552,361
15$39,823$23,767$512,537
16$41,631$21,959$470,906
17$43,522$20,068$427,384
18$45,498$18,092$381,887
19$47,563$16,026$334,323
20$49,723$13,867$284,600
21$51,981$11,609$232,620
22$54,341$9,249$178,279
23$56,808$6,782$121,471
24$59,387$4,203$62,084
25$62,084$1,506$0

At the end of your 5-year term

Total paid over the term
$317,949
Principal paid down
$117,099
Interest paid
$200,851
Balance remaining
$841,301

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 5 whole-home leases in Cathedraltown$3,439/mo
$41,268Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,026 to $3,851Typical rent range
~19 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 5 whole-home leases in Cathedraltown signed at a median of $3,368 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,439. 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.

3.4%
Gross yield
− Property tax $5,622− Insurance $1,400− Vacancy & upkeep $4,539Net operating income $29,706

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

CallRequest a showing