28 Liam Lane, Markham, ON

Cedarwood, Markham · MLS® N13870894

$899,000
For Sale
Listed 12 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About this home

In short

  • This spacious 4-bedroom, 4-bathroom home offers the perfect blend of comfort, convenience, and family-friendly living.
  • Ideally located close to schools, parks, shopping, and a wide variety of amenities, everything you need is just minutes away.

Welcome to 28 Liam Lane! This spacious 4-bedroom, 4-bathroom home offers the perfect blend of comfort, convenience, and family-friendly living. Ideally located close to schools, parks, shopping, and a wide variety of amenities, everything you need is just minutes away. Don't miss the opportunity to make this wonderful home your next address!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13870894
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
24.61 × 93.91 ft
Cross streets
Markham Rd/Denison
Parking
1 garage · 2 parking (attached)
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,140 / 2025
Days on market
12
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$871Klikely sale price

Listed at $899,000. Going by how homes in Cedarwood and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $871K, if it sells. A realistic range is $817K to $982K.

Independent value check: $1.04M. Without looking at the asking price, our model values the home itself about 16% above the ask (homes like it typically land between $974K and $1.09M).

List price
$817KBelow recent closings$982KAbove recent closings

Total price vs nearby homes. Likely closing about $871K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$920Kmedian sold price
95%of asking, on average
−13%prices vs a year ago
~42 dayshomes like this take to sell
12days on market so far
$3,354/moest. rent · 5 leases
4.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 5 semi-detached homes for sale in the area against 6 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 $400/sqft against an area asking average of $515/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $949K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 6 comparable homes that sold in Cedarwood over the past two years, from 31 closings there.

What sellers nearby are askingCurrently listed nearby in Cedarwood · asking prices
$1.10Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $455/sqft; this home lists at $400/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
899kThis home900k1.25M1.15MThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Markham: $1.00M in September 2026, down 5% from a year ago, on 173 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$1.05M19
November 2025$1.06M14
December 2025$1.04M7
January 2026$1.04M8
February 2026$1.06M5
March 2026$1.04M11
April 2026$1.08M16
May 2026$1.06M19
June 2026$1.04M22
July 2026$1.02M17
August 2026$945K15
September 2026$1.00M20

Neighbourhood & location

Cedarwood, 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
$934K
Village Green-South Unionville
$982K
Cornell
$987K
Wismer
$1.12M

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
$4,097/mo
$173KIncome needed
5.2×Price ÷ income
$946Weekly cost
$14,455Land 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 $4,097Property tax $428Total carry $4,526

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)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,405Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$428
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,405

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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 Cedarwood$3,354/mo
$40,248Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,952 to $3,757Typical rent range

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 Cedarwood signed at a median of $3,354 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,354. 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.

4.5%
Gross yield
− Property tax $5,140− Insurance $1,400− Vacancy & upkeep $4,427Net operating income $29,281

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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