55 Jackson Eli Way, Markham, ON

Cedarwood, Markham · MLS® N13882504

$799,000
For Sale
Listed 10 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully maintained, sun-filled home in the highly sought-after Markham and Steeles community.
  • This charming residence features an inviting open-concept layout with 9-foot ceilings on the main floor, complemented by elegant hardwood flooring in the living and...
  • The spacious primary bedroom features a luxurious 4-piece ensuite, offering comfort and privacy.
  • Move-in ready and ideally located close to schools, parks, shopping, and public transit, this home is an excellent opportunity for families and professionals alike.

Welcome to this beautifully maintained, sun-filled home in the highly sought-after Markham and Steeles community! This charming residence features an inviting open-concept layout with 9-foot ceilings on the main floor, complemented by elegant hardwood flooring in the living and dining areas. The separate family room offers a lovely view of the backyard, creating the perfect space for relaxing and entertaining. The modern kitchen is equipped with stainless steel appliances and a stylish backsplash, combining functionality with contemporary appeal. The spacious primary bedroom features a luxurious 4-piece ensuite, offering comfort and privacy. Move-in ready and ideally located close to schools, parks, shopping, and public transit, this home is an excellent opportunity for families and professionals alike. Don't miss your chance to make this wonderful home yours!

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13882504
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
23.85 × 91.26 ft
Cross streets
Markham Rd/Denison St
Parking
1 garage · 2 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,655 / 2026
Days on market
10
Listing brokerage
HOMELIFE/FUTURE REALTY INC.
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
What sellers nearby are askingCurrently listed nearby in Cedarwood · asking prices
$1.04Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market.

Per square foot, these ask about $480/sqft; this home lists at $457/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
799kThis home999k1.11M999kThis home vs active comparables

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.

Middlefield
$985K
Village Green-South Unionville
$995K
Cedar Grove
$853K
Cornell
$927K
Unionville
$1.40M

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
$3,642/mo
$155KIncome needed
5.2×Price ÷ income
$840Weekly cost
$12,455Land 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.

90%mortgage
Mortgage $3,642Property tax $388Total carry $4,030

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$3,922Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$388
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,922

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

One-time closing costs

Ontario land transfer tax
$12,455
Estimated closing costs
$12,455

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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
3.5%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.

4.7%
Gross yield
− Property tax $4,655− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,587

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

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