56 Ryler Way, Markham, ON

Cedarwood, Markham · MLS® N13886010

$1,148,900
For Sale
Listed 8 days agoNo offer date stated
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4+2Bedrooms
5Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Gorgeous Caste Rock Built Semi Detached Home In High Demand Location Next To Golf Club, With 4 + 2 Bedrooms And 4+1 Washrooms.
  • Upgrades Inc Pot Lights, 9' Ceilings Makes This Already Spacious Home Feel Even Bigger.
  • Hardwood Floors Throughout, Bright Open Concept Kitchen With Lots Of Natural Light, Quartz Counters & Island Overlook Great Room, Primary Bedroom W/Spa Like 5pc...
  • Minutes To 407, Steel, Costco, Home Depot, Canadian Tire, Supermarket And Much More.

Look No Further! Gorgeous Caste Rock Built Semi Detached Home In High Demand Location Next To Golf Club, With 4 + 2 Bedrooms And 4+1 Washrooms. Upgrades Inc Pot Lights, 9' Ceilings Makes This Already Spacious Home Feel Even Bigger. Hardwood Floors Throughout, Bright Open Concept Kitchen With Lots Of Natural Light, Quartz Counters & Island Overlook Great Room, Primary Bedroom W/Spa Like 5pc En-Suite, Finished Brand New Basement With Side Entrance, Kitchen, 2BRMS, WRM For Potential Rental Income, Double Door Entry, Interlocked Front/Side Entrance. Bright & Spacious. Minutes To 407, Steel, Costco, Home Depot, Canadian Tire, Supermarket And Much More.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13886010
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
2000-2500 sq ft
Lot
24.61 × 98.59 ft
Cross streets
Markham Rd/Denison
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,282 / 2026
Days on market
8
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
$1.02Mavg asking

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 $418/sqft; this home lists at $511/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.15MThis home900k899k1.25MThis 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.

Bullock
$934K
Village Green-South Unionville
$982K
Cornell
$987K
Wismer
$1.12M

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
$5,236/mo
$217KIncome needed
5.3×Price ÷ income
$1,208Weekly cost
$19,453Land 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 $5,236Property tax $440Total carry $5,677

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)
$5,082per month

Mortgage amount $919,120 · 4.49% over 25 years

$229,780Down payment (20.0%)
$919,120Loan before insurance
$0CMHC premium
$5,522Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,082
Property tax
$440
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,522

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

One-time closing costs

Ontario land transfer tax
$19,453
Estimated closing costs
$19,453

Plus your down payment of $229,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,151/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

$605,472Total interest paid
$1,524,592Total of all payments
Principal $919,120 Interest $605,472
YearPrincipalInterestBalance
1$20,511$40,473$898,609
2$21,442$39,542$877,167
3$22,416$38,568$854,751
4$23,433$37,550$831,318
5$24,497$36,486$806,821
6$25,610$35,374$781,211
7$26,772$34,211$754,438
8$27,988$32,996$726,450
9$29,259$31,725$697,191
10$30,587$30,396$666,604
11$31,976$29,008$634,628
12$33,428$27,556$601,200
13$34,946$26,038$566,255
14$36,532$24,451$529,722
15$38,191$22,793$491,531
16$39,925$21,059$451,606
17$41,738$19,246$409,868
18$43,633$17,351$366,235
19$45,614$15,370$320,621
20$47,685$13,299$272,936
21$49,850$11,133$223,086
22$52,114$8,870$170,972
23$54,480$6,504$116,493
24$56,953$4,030$59,539
25$59,539$1,444$0

At the end of your 5-year term

Total paid over the term
$304,918
Principal paid down
$112,299
Interest paid
$192,619
Balance remaining
$806,821

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$4,200/mo
$50,400Gross annual rent
3.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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 $5,282− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,174

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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