48 Landsdown Crescent, Markham, ON
Wismer, Markham · MLS® N13881392
About this home
In short
- Stunning Beautiful 4 Bed With Double- Garage Family Home In The Prestigious Wismer Community.
- Featuring Hardwood Flooring Throughout The Main And Second Floors.
- Large Master Bedroom With Walk-In Closet W/ 4 Pieces Ensuite And Separate Shower Stall.
- Close To Schools, Minutes from Mount Joy GO Station, Parks, Grocery Stores, Restaurants, Medical Centre, Banks & A Lot More.
Stunning Beautiful 4 Bed With Double- Garage Family Home In The Prestigious Wismer Community! Featuring Hardwood Flooring Throughout The Main And Second Floors. Freshly Painted With Lots Of Pot Lights, Crown Moulding. Kitchen With Granite Countertop And Eat-in Breakfast Area. With A Walk-Out To Fully Fenced Backyard Provides Excellent Privacy. Natural Oak Staircase With An Extra Large Window That Let In Bright Natural Light. Large Master Bedroom With Walk-In Closet W/ 4 Pieces Ensuite And Separate Shower Stall. Central Vacuum. Garage Access To The House. This Home is Located Family-Friendly Quite Stree Within Walking Distance to Top-Ranked Schools John McCrae P.S., And Transit Bur Oak S.S., Sam Chapman P.S. (French Immersion). Close To Schools, Minutes from Mount Joy GO Station, Parks, Grocery Stores, Restaurants, Medical Centre, Banks & A Lot More. No Side Walk In Front ! A Must See In This Lovely Community !
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13881392
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 38.06 × 104.99 ft
- Cross streets
- Mccowan Rd And Major Mackenzie
- Parking
- 2 garage · 4 parking (built-in)
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,605 / 2026
- Days on market
- 6
- Listing brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Rooms
hardwood floor · fireplace · large window
ceramic floor · breakfast bar · open concept
hardwood floor · large window · closet
ceramic floor · combined w/kitchen · w/o to garage
hardwood floor · large window · closet
hardwood floor · moulded ceiling · combined w/living
hardwood floor · large window · closet
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · moulded ceiling · pot lights
Listed at $1,468,000. Going by how homes in Wismer and the wider GTA have actually closed against their asking prices (about 100%, 18 local closings in 90 days), the likely sale price is near $1.47M, if it sells. A realistic range is $1.38M to $1.66M.
Independent value check: $1.35M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $1.27M and $1.42M).
Why $1.35M. The typical detached home sold in Wismer over the past year went for about $1.56M (75 sales). What sets this one apart:
- ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $1.47M, from 18 recent closings in this pocket.
The market behind the math:
About 2 months of inventory: 12 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $652/sqft against an area asking average of $591/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.55M. 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.
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 18 comparable homes that sold in Wismer over the past two years, from 149 closings there.
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 $609/sqft; this home lists at $652/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
Neighbourhood & location
Wismer, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $1,174,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,493
- Property tax
- $550
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,044
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,835
- Estimated closing costs
- $25,835
Plus your down payment of $293,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $389,608
- Principal paid down
- $143,490
- Interest paid
- $246,118
- Balance remaining
- $1,030,910
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 69 whole-home leases in Wismer signed at a median of $3,626 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,522. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP REALTY SYSTEMS INC.. MLS®/PropTx.