36 Jondan Crescent, Markham, ON

Royal Orchard, Markham · MLS® N13873934

$1,150,000
For Sale
Listed 11 days agoNo offer date stated

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4Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Rare Opportunity for Builders, Developers & Investors - All the Hard Work is Done.
  • Upper Level & Main Floor: 4 spacious bedrooms (each with its own ensuite), grand foyer, chef's kitchen, breakfast area, family room, formal living and dining rooms...
  • Additional Highlights: An elevator, covered deck, and 2-car garage complete this exceptional design.
  • Market Potential: Comparable new builds in the area are valued near $3.08M - the upside is undeniable.
  • Location: Situated on a premium ravine lot in a sought-after, family-friendly Markham neighbourhood with easy access to Hwy 407, top-rated schools, dining, and an...

Rare Opportunity for Builders, Developers & Investors - All the Hard Work is Done! The current owner has partnered with designers, architects, and the City of Markham to produce fully approved plans for a stunning modern luxury home. Priced at land value with approved building permits included - simply pull the permits and build. Proposed Home Features: Above-Grade Space: ~3,800 sq. ft. across two storeys. Upper Level & Main Floor: 4 spacious bedrooms (each with its own ensuite), grand foyer, chef's kitchen, breakfast area, family room, formal living and dining rooms, and a dedicated home office. Fully Finished Basement: Includes a gym, recreation room, wet bar, wine cellar, and sauna. Additional Highlights: An elevator, covered deck, and 2-car garage complete this exceptional design. Investment Highlights: Estimated Build Cost: ~$1.5M in premium finishes. Market Potential: Comparable new builds in the area are valued near $3.08M - the upside is undeniable. Financing: Seller Take-Back (loan) may be considered for qualified buyers. Location: Situated on a premium ravine lot in a sought-after, family-friendly Markham neighbourhood with easy access to Hwy 407, top-rated schools, dining, and an upcoming subway line.

Key facts

Property type
Detached, 2-Storey
MLS®
N13873934
Bedrooms
4
Bathrooms
3
Size
1500-2000 sq ft
Lot
55 × 110.72 ft
Cross streets
Bayview Ave/ Hwy 407
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,281 / 2025
Days on market
11
Listing brokerage
ANJIA REALTY

Rooms

Dining RoomMain4.16 × 3.12 m
Bedroom 3Upper3.05 × 2.91 m
Living RoomMain5.04 × 4.03 m
KitchenMain5.08 × 3.14 m
Bedroom 2Upper3.19 × 3.09 m
Bedroom 4Upper3.10 × 3.10 m
Family RoomMain4.59 × 4.46 m
RecreationBasement4.75 × 3.85 m
Primary BedroomUpper4.06 × 3.88 m
Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Royal Orchard, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$5,241/mo
$220KIncome needed
5.2×Price ÷ income
$1,210Weekly cost
$19,475Land 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.

91%mortgage
Mortgage $5,241Property tax $523Total carry $5,765

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)
$5,087per month

Mortgage amount $920,000 · 4.49% over 25 years

$230,000Down payment (20.0%)
$920,000Loan before insurance
$0CMHC premium
$5,610Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,087
Property tax
$523
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,610

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

One-time closing costs

Ontario land transfer tax
$19,475
Estimated closing costs
$19,475

Plus your down payment of $230,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,157/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

$606,051Total interest paid
$1,526,051Total of all payments
Principal $920,000 Interest $606,051
YearPrincipalInterestBalance
1$20,530$40,512$899,470
2$21,463$39,579$878,007
3$22,437$38,605$855,570
4$23,456$37,586$832,114
5$24,521$36,521$807,593
6$25,634$35,408$781,959
7$26,798$34,244$755,161
8$28,015$33,027$727,146
9$29,287$31,755$697,859
10$30,617$30,425$667,242
11$32,007$29,035$635,236
12$33,460$27,582$601,776
13$34,979$26,063$566,797
14$36,567$24,475$530,229
15$38,228$22,814$492,002
16$39,963$21,079$452,038
17$41,778$19,264$410,261
18$43,675$17,367$366,586
19$45,658$15,384$320,928
20$47,731$13,311$273,197
21$49,898$11,144$223,300
22$52,163$8,879$171,136
23$54,532$6,510$116,604
24$57,008$4,034$59,596
25$59,596$1,446$0

At the end of your 5-year term

Total paid over the term
$305,210
Principal paid down
$112,407
Interest paid
$192,803
Balance remaining
$807,593

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
Estimate$3,150/mo
$37,800Gross annual rent
2.3%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.

3.3%
Gross yield
− Property tax $6,281− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,961

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

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