47 Saigen Lane, Markham, ON

Cedar Grove, Markham · MLS® N13874544

$852,900
For Sale
Listed 11 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Parkside Living at Its Best in Desirable Box Grove.
  • Bright and Spacious 3-bedroom Townhome offering approx.
  • 1,670 sq. ft. of modern living space.
  • Features 9-ft ceilings on the ground and main floors, large windows, and two private balconies.
  • Convenient access to Hwy 407 and Hwy 7 makes commuting a breeze.

Parkside Living at Its Best in Desirable Box Grove! Bright and Spacious 3-bedroom Townhome offering approx. 1,670 sq. ft. of modern living space. Features 9-ft ceilings on the ground and main floors, large windows, and two private balconies. Ideally located across from a park and playground, and just steps to Walmart, banks, shopping, medical amenities, and more. Convenient access to Hwy 407 and Hwy 7 makes commuting a breeze. A perfect blend of Space, Style, and Location, this exceptional Townhome is an opportunity not to be missed!

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13874544
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
14.8 × 82.64 ft
Cross streets
Hwy 407/ Donald Cousens Pkwy
Parking
1 garage · 2 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,640 / 2025
Days on market
11
Listing brokerage
HOME CHOICE REALTY INC.

Rooms

Primary BedroomThird4.29 × 3.17 m

vinyl floor · 4 pc ensuite · large closet

Living RoomSecond4.29 × 3.41 m

vinyl floor · window

Bedroom 2Third3.18 × 3.32 m

broadloom · closet · w/o to balcony

KitchenSecond4.18 × 3.42 m

ceramic floor · breakfast bar

Family RoomMain4.27 × 4.60 m

vinyl floor · window

Dining RoomSecond4.29 × 2.72 m

ceramic floor · w/o to deck

LaundryMain1.00 × 1.00 m

Ceramic Floor

Bedroom 3Third3.04 × 3.37 m

broadloom · closet · picture window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Cedar Grove, 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.

Cornell
$927K
Cedarwood
$976K
Middlefield
$985K
Greensborough
$866K
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
$3,887/mo
$161KIncome needed
5.3×Price ÷ income
$897Weekly cost
$13,533Land 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.

93%mortgage
Mortgage $3,887Property tax $303Total carry $4,191

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)
$3,773per month

Mortgage amount $682,320 · 4.49% over 25 years

$170,580Down payment (20.0%)
$682,320Loan before insurance
$0CMHC premium
$4,076Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,773
Property tax
$303
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,076

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

One-time closing costs

Ontario land transfer tax
$13,533
Estimated closing costs
$13,533

Plus your down payment of $170,580. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,566/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

$449,479Total interest paid
$1,131,799Total of all payments
Principal $682,320 Interest $449,479
YearPrincipalInterestBalance
1$15,226$30,045$667,094
2$15,918$29,354$651,176
3$16,641$28,631$634,535
4$17,396$27,876$617,139
5$18,186$27,086$598,953
6$19,012$26,260$579,941
7$19,875$25,397$560,067
8$20,777$24,495$539,289
9$21,721$23,551$517,569
10$22,707$22,565$494,862
11$23,738$21,534$471,124
12$24,816$20,456$446,308
13$25,942$19,330$420,366
14$27,120$18,152$393,246
15$28,352$16,920$364,894
16$29,639$15,633$335,255
17$30,985$14,287$304,271
18$32,391$12,881$271,879
19$33,862$11,410$238,017
20$35,400$9,872$202,617
21$37,007$8,265$165,611
22$38,687$6,585$126,923
23$40,444$4,828$86,480
24$42,280$2,992$44,200
25$44,200$1,072$0

At the end of your 5-year term

Total paid over the term
$226,360
Principal paid down
$83,367
Interest paid
$142,993
Balance remaining
$598,953

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
3.4%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.

4.4%
Gross yield
− Property tax $3,640− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,602

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

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