412 Manhattan Drive, Markham, ON

Unionville, Markham · MLS® N13870346

$1,938,888
For Sale
Listed 12 days agoNo offer date stated
4+1Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Welcome to 412 Manhattan Drive, a beautifully crafted 2008 detached residence with 4 bedrooms and 4.5 bathrooms, backing onto Manhattan Park in the heart of Unionville.
  • Approximately 3,475 square feet on a 50.46 by 120.81 foot lot, within the catchment for Markville Secondary School and Central Park Public School, two highly regarded...
  • 10 foot ceilings on the main floor, 9 foot on the second floor and lower level.
  • Real hardwood throughout.
  • The primary suite offers a walk in closet with built in shelving and an ensuite with bidet and seamless glass shower.

Welcome to 412 Manhattan Drive, a beautifully crafted 2008 detached residence with 4 bedrooms and 4.5 bathrooms, backing onto Manhattan Park in the heart of Unionville. Approximately 3,475 square feet on a 50.46 by 120.81 foot lot, within the catchment for Markville Secondary School and Central Park Public School, two highly regarded schools. 10 foot ceilings on the main floor, 9 foot on the second floor and lower level. 8 foot solid wood doors on the main level. Real hardwood throughout. Crown moulding, wainscoting, pillars, pot lights, and an elegant foyer chandelier. Freshly repainted in a modern palette. Formal living and dining rooms set the stage for entertaining, while the family room and granite kitchen anchor everyday life. A side entrance opens to the laundry and mudroom with direct garage access. Upstairs, every bedroom is generously sized. The primary suite offers a walk in closet with built in shelving and an ensuite with bidet and seamless glass shower. A Jack and Jill bath connects two bedrooms, and the back bedroom features a three sided walk in closet.The finished lower level, with 9 foot ceilings and lookout windows, includes a full second kitchen with eating area, a 4 piece bath, a gym or flex space, a cedar closet, and a finished cold cellar. Ideal for multi generational living. Peace of mind is built in: owned furnace (2022) and hot water tank (2024), 200 amp panel, central vacuum, waterproofed basement, in ground sprinklers, and a custom shed with power. Double car garage plus two driveway spaces. Minutes to Main Street Unionville, Toogood Pond, Markville Mall, Centennial GO, and Highway 407.A rare Unionville offering. Private appointments available.

Key facts

Property type
Detached, 2-Storey
MLS®
N13870346
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
50.46 × 120.81 ft
Cross streets
McCowan Rd/Manhattan Dr
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
$9,741 / 2026
Days on market
12
Listing brokerage
EXP REALTY

Rooms

LaundryMain2.77 × 2.49 m

access to garage · tile floor · laundry sink

Bedroom 2Second4.88 × 3.58 m

hardwood floor · walk-in closet(s) · window

KitchenMain3.68 × 3.58 m

tile floor · window · stainless steel appl

Dining RoomMain4.85 × 3.38 m

window · crown moulding · hardwood floor

Family RoomMain3.68 × 5.00 m

hardwood floor · crown moulding · overlooks backyard

Utility RoomBasement2.90 × 2.13 m

laminate · fluorescent

Living RoomMain5.36 × 3.38 m

hardwood floor · crown moulding · pot lights

Bedroom 4Second5.16 × 3.40 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

Cold Room/CantinaBasement2.87 × 2.52 m

tile floor · fluorescent

Exercise RoomBasement4.27 × 3.23 m

pot lights · closet · b/i shelves

KitchenBasement3.25 × 3.40 m

stainless steel appl · tile floor · pantry

OfficeMain3.40 × 3.53 m

window · crown moulding · hardwood floor

Living RoomMain5.36 × 3.38 m

crown moulding · window · hardwood floor

Bedroom 2Second4.88 × 3.58 m

4 pc ensuite · walk-in closet(s) · picture window

Bedroom 3Second4.04 × 4.78 m

4 pc ensuite · picture window · hardwood floor

BreakfastMain4.65 × 3.38 m

walk-out · combined w/kitchen · ceramic floor

RecreationBasement8.03 × 10.90 m

hardwood floor · window · fireplace

Primary BedroomSecond4.93 × 8.46 m

hardwood floor · 6 pc ensuite · overlooks backyard

BreakfastMain4.65 × 3.38 m

walk-out · tile floor · combined w/kitchen

KitchenMain3.68 × 3.58 m

walk-out · breakfast area · ceramic floor

RecreationBasement8.03 × 10.90 m

laminate · pot lights · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.89Mlikely sale price

Listed at $1,938,888. Going by how homes in Markville and the wider GTA have actually closed against their asking prices (about 98%, 7 local closings in 90 days), the likely sale price is near $1.89M, if it sells. A realistic range is $1.77M to $2.13M.

Independent value check: $1.74M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $1.64M and $1.83M).

Why $1.74M. The typical detached home sold in Markville over the past year went for about $1.68M (127 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $9,741 a year; the typical home sold here pays about $8,700.
  • ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
List price
$1.77MBelow recent closings$2.13MAbove recent closings

Total price vs nearby homes. Likely closing about $1.89M, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$1.58Mmedian sold price
99%of asking, on average
+0%prices vs a year ago
~11 dayshomes like this take to sell
12days on market so far
$5,266/moest. rent · 18 leases
3.3%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $597/sqft against an area asking average of $679/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.76M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 ($597/sqft) is below the area, so you are paying for extra space rather than a premium.

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

Based on 7 comparable homes that sold in Markville over the past two years, from 61 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.32Mavg 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 $1.74M, which is where my estimate comes from.

Per square foot, these ask about $622/sqft; this home lists at $597/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.94MThis home1.69M1.68M1.00M899kThis 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.

Bullock
$1.10M
Berczy
$1.61M
Raymerville
$1.68M
Wismer
$1.53M
Unionville
$2.16M

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
$8,837/mo
$366KIncome needed
5.3×Price ÷ income
$2,039Weekly cost
$35,253Land 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 $8,837Property tax $812Total carry $9,649

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)
$8,576per month

Mortgage amount $1,551,110 · 4.49% over 25 years

$387,778Down payment (20.0%)
$1,551,110Loan before insurance
$0CMHC premium
$9,388Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,576
Property tax
$812
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,388

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

One-time closing costs

Ontario land transfer tax
$35,253
Estimated closing costs
$35,253

Plus your down payment of $387,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,380/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

$1,021,796Total interest paid
$2,572,907Total of all payments
Principal $1,551,110 Interest $1,021,796
YearPrincipalInterestBalance
1$34,614$68,302$1,516,496
2$36,186$66,730$1,480,310
3$37,829$65,087$1,442,482
4$39,546$63,370$1,402,935
5$41,342$61,574$1,361,593
6$43,219$59,697$1,318,374
7$45,181$57,735$1,273,193
8$47,233$55,684$1,225,960
9$49,377$53,539$1,176,583
10$51,619$51,297$1,124,964
11$53,963$48,953$1,071,001
12$56,413$46,503$1,014,588
13$58,974$43,942$955,613
14$61,652$41,264$893,961
15$64,451$38,465$829,510
16$67,378$35,539$762,132
17$70,437$32,479$691,695
18$73,635$29,281$618,060
19$76,978$25,938$541,082
20$80,474$22,443$460,608
21$84,127$18,789$376,481
22$87,947$14,969$288,534
23$91,940$10,976$196,593
24$96,115$6,802$100,479
25$100,479$2,438$0

At the end of your 5-year term

Total paid over the term
$514,581
Principal paid down
$189,517
Interest paid
$325,064
Balance remaining
$1,361,593

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 18 whole-home leases in Markville$5,266/mo
$63,192Gross annual rent
2.3%Cap rate after taxes and upkeep
$4,750 to $5,624Typical rent range
~11 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 18 whole-home leases in Markville signed at a median of $5,010 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,266. 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.

3.3%
Gross yield
− Property tax $9,741− Insurance $1,400− Vacancy & upkeep $6,951Net operating income $45,100

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

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