102 Madsen Crescent, Markham, ON

Markville, Markham · MLS® N13884962

$1,000,000
For Sale
Listed 9 days agoNo offer date stated
Request a showing
◎ Directions
3+2Bedrooms
3Bathrooms
1Garage · 5 parking
1500-2000Sq ft

About this home

In short

  • Cozy Renovated 3+2 Bedrms Family Home In High Demand Mccowan/Hwy 7 Area.
  • Over 1500 Sqft Of Above Grade, 30'x109' Lot, Laminate Floor On Main & Basement, Hardwood Flr & Smooth Ceiling On 2nd Level, Newly Renovated 4 Pc Bathroom On 2nd Floor.
  • Finished Basement Adds Exceptional Flexibility With Two Additional Bedrooms, A 3-Piece Bathroom, Long Driveway W/No Sidewalk, Could Park 4 Cars.
  • Close To Markville Mall, Go Train Station, Buses & Supermarket, Mins.
  • To Hwy 407, Central Park & Top Ranking Markville Secondary School.

Cozy Renovated 3+2 Bedrms Family Home In High Demand Mccowan/Hwy 7 Area. Over 1500 Sqft Of Above Grade, 30'x109' Lot, Laminate Floor On Main & Basement, Hardwood Flr & Smooth Ceiling On 2nd Level, Newly Renovated 4 Pc Bathroom On 2nd Floor. Freshly Paint. Finished Basement Adds Exceptional Flexibility With Two Additional Bedrooms, A 3-Piece Bathroom, Long Driveway W/No Sidewalk, Could Park 4 Cars! Close To Markville Mall, Go Train Station, Buses & Supermarket, Mins. To Hwy 407, Central Park & Top Ranking Markville Secondary School.

Key facts

Property type
Detached, 2-Storey
MLS®
N13884962
Bedrooms
3+2 (5 total)
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
30.12 × 109.91 ft
Cross streets
Hwy 7/Mccowan
Parking
1 garage · 5 parking (attached)
Driveway
Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,029 / 2026
Days on market
9
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Bedroom 3Second3.35 × 3.25 m

laminate · b/i closet · 4 pc bath

Dining RoomGround7.15 × 3.26 m

laminate · combined w/living · 2 pc bath

Primary BedroomSecond4.45 × 3.50 m

laminate · b/i closet · window

RecreationBasement3.05 × 4.75 m

laminate · 3 pc bath

Living RoomGround7.15 × 3.26 m

laminate · combined w/dining · large window

BedroomBasement3.30 × 3.80 m

laminate · window

Bedroom 2Second3.54 × 2.97 m

laminate · b/i closet · window

KitchenGround3.40 × 3.28 m

laminate · open concept · backsplash

BedroomBasement3.05 × 3.80 m

laminate · window

Family RoomGround4.07 × 3.46 m

laminate · w/o to patio · east view

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 Markville · asking prices
$1.42Mavg asking

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

Per square foot, these ask about $639/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.00MThis home899k1.69M1.68MThis home vs active comparables

Neighbourhood & location

Markville, 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
$1.10M
Berczy
$1.61M
Unionville
$2.19M
Raymerville
$1.68M
Wismer
$1.53M

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
$4,558/mo
$190KIncome needed
5.3×Price ÷ income
$1,052Weekly cost
$16,475Land 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.

92%mortgage
Mortgage $4,558Property tax $419Total carry $4,977

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)
$4,423per month

Mortgage amount $800,000 · 4.49% over 25 years

$200,000Down payment (20.0%)
$800,000Loan before insurance
$0CMHC premium
$4,842Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,423
Property tax
$419
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,842

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

One-time closing costs

Ontario land transfer tax
$16,475
Estimated closing costs
$16,475

Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,354/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

$527,001Total interest paid
$1,327,001Total of all payments
Principal $800,000 Interest $527,001
YearPrincipalInterestBalance
1$17,853$35,227$782,147
2$18,663$34,417$763,484
3$19,511$33,569$743,974
4$20,396$32,684$723,577
5$21,322$31,758$702,255
6$22,291$30,789$679,964
7$23,303$29,777$656,661
8$24,361$28,719$632,301
9$25,467$27,613$606,834
10$26,623$26,457$580,211
11$27,832$25,248$552,379
12$29,096$23,984$523,283
13$30,417$22,663$492,867
14$31,798$21,282$461,069
15$33,241$19,839$427,828
16$34,751$18,329$393,077
17$36,329$16,752$356,748
18$37,978$15,102$318,770
19$39,702$13,378$279,068
20$41,505$11,575$237,563
21$43,389$9,691$194,173
22$45,360$7,721$148,814
23$47,419$5,661$101,395
24$49,572$3,508$51,823
25$51,823$1,257$0

At the end of your 5-year term

Total paid over the term
$265,400
Principal paid down
$97,745
Interest paid
$167,655
Balance remaining
$702,255

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
2.7%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.

3.8%
Gross yield
− Property tax $5,029− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,213

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

CallRequest a showing