25 Chicago Lane, Markham, ON

Wismer, Markham · MLS® N14028366

$799,000
For Sale
Listed 6 days agoNo offer date stated

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3Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Welcome To 25 Chicago Lane, A Stylish Modern Townhome Nestled In Markham's Highly Sought-After Wismer Community.
  • The Open-Concept Main Floor Offers A Bright And Inviting Living Room With Large Windows That Fills The Space With Natural Light.
  • The 2nd Floor Features Three Generously Sized Bedrooms And A Conveniently Located Laundry Area.
  • The Spacious Primary Bedroom Offers A Walk-In Closet And A 4-Piece Ensuite.

Welcome To 25 Chicago Lane, A Stylish Modern Townhome Nestled In Markham's Highly Sought-After Wismer Community! Thoughtfully Upgraded, This Home Features Smooth Ceilings And Pot Lights On The Main Floor, Quartz Countertops And Backsplash In The Kitchen And Bathrooms, A Convenient Kitchen Mini Bar With Pantry, And Carpet-Free Flooring Throughout. Additional Highlights Include A Water Softener And Water Filtration System For Enhanced Everyday Comfort. The Open-Concept Main Floor Offers A Bright And Inviting Living Room With Large Windows That Fills The Space With Natural Light. The Modern Kitchen Is Equipped With A Full Set Of Stainless-Steel Appliances And Overlooks The Dining Area, With A Walk-Out To The Balcony, It's Perfect For Enjoying Your Morning Coffee Or Relaxing Outdoors. The 2nd Floor Features Three Generously Sized Bedrooms And A Conveniently Located Laundry Area. The Spacious Primary Bedroom Offers A Walk-In Closet And A 4-Piece Ensuite. On The Ground Floor, A Versatile Recreation Area Provides The Perfect Space For A Home Office, Study, Or Quiet Reading Retreat. Ideally Located Near Major Mackenzie Drive, Top-Ranked Schools (Bur Oak Secondary School And Unionville High School), Mount Joy GO Station, Grocery Stores, Parks, Golf Club, And Community Centre, This Home Offers A Wonderful Blend Of Modern Comfort, Functional Living, And Everyday Convenience.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N14028366
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
18.04 × 67.59 ft
Cross streets
Major Mackenzie & Markham Rd
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,990 / 2026
Days on market
6
Listing brokerage
BAY STREET INTEGRITY REALTY INC.

Rooms

KitchenMain3.61 × 2.87 m

granite counters · breakfast area · stainless steel appl

Living RoomSecond

hardwood floor · open concept · large window

BedroomSecond3.56 × 3.53 m

4 pc ensuite · large window · walk-in closet(s)

Dining RoomMain4.60 × 2.59 m

hardwood floor · open concept · w/o to balcony

Living RoomMain
RecreationBasement5.31 × 3.51 m

Unfinished

RecreationGround5.26 × 3.53 m

hardwood floor · large window · w/o to garage

Bedroom 2Second2.72 × 2.59 m

large window · closet

Bedroom 3Second3.68 × 2.46 m

large window · walk-in closet(s)

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Wismer, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$3,642/mo
$153KIncome 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.

92%mortgage
Mortgage $3,642Property tax $333Total carry $3,974

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)
$3,534per month

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

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$3,867Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$333
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,867

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.

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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$2,300/mo
$27,600Gross annual rent
2.4%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.

3.5%
Gross yield
− Property tax $3,990− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,174

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

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