55-65 Quail Valley Lane, Markham, ON

German Mills, Markham · MLS® N14032202

$890,000
For Sale
Listed 5 days agoNo offer date stated
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2Bedrooms
3Bathrooms
2Garage · 4 parking
1800-1999Sq ft

About this home

In short

  • Welcome to Quail Valley Estates, a rare executive 2-bedroom townhouse tucked away in a private and beautifully maintained enclave surrounded by mature greenery and...
  • This spacious 1,810 sq. ft. home offers a unique blend of privacy, comfort and convenience, with the flexibility to convert the ground floor into a third bedroom.
  • Featuring 4 walkouts to balconies and the yard, enjoy peaceful ravine views from the private rear balcony or step outside to the fully interlocked and fenced lower...
  • The home also features 2 gas fireplaces, a skylight and an abundance of natural light throughout.
  • A rare double garage with direct access into the home, plus 2 additional driveway parking spaces, adds exceptional everyday convenience.

Welcome to Quail Valley Estates, a rare executive 2-bedroom townhouse tucked away in a private and beautifully maintained enclave surrounded by mature greenery and nature. This spacious 1,810 sq. ft. home offers a unique blend of privacy, comfort and convenience, with the flexibility to convert the ground floor into a third bedroom. Featuring 4 walkouts to balconies and the yard, enjoy peaceful ravine views from the private rear balcony or step outside to the fully interlocked and fenced lower patio with direct access to nature, just a short walk from the ravine and ideal for pet owners and outdoor enthusiasts. The home also features 2 gas fireplaces, a skylight and an abundance of natural light throughout. A rare double garage with direct access into the home, plus 2 additional driveway parking spaces, adds exceptional everyday convenience. Located in one of Thornhill/Markham's most desirable private communities, yet minutes from major highways, transit, top schools, recreation and all the amenities of the GTA. A truly special opportunity to enjoy spacious executive living surrounded by nature, without sacrificing convenience.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N14032202
Bedrooms
2
Bathrooms
3 (1 half)
Size
1800-1999 sq ft
Cross streets
Leslie & Steeles Ave E
Parking
2 garage · 4 parking (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,001/mo
Exposure
North South
Property tax
$5,566 / 2026
Days on market
5
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Bedroom 2Third6.45 × 2.98 m

4 Pc Ensuite

KitchenSecond4.85 × 3.35 m

breakfast area · ceramic backsplash · w/o to balcony

Dining RoomSecond4.70 × 3.35 m

formal rm · hardwood floor

Living RoomSecond5.81 × 4.03 m

fireplace · hardwood floor · w/o to balcony

Family RoomGround5.78 × 4.04 m

fireplace · w/o to patio

Primary BedroomThird5.80 × 3.80 m

5 pc ensuite · broadloom · walk-in closet(s)

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 · asking prices
$816kavg asking

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

Per square foot, these ask about $479/sqft; this home lists at $469/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
890kThis home1000k699k748kThis home vs active comparables

Neighbourhood & location

German Mills, 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.

Bayview Fairway-Bayview Country Club Estates
$699K
Aileen-Willowbrook
$627K
Royal Orchard
$909K
Commerce Valley
$1.31M
Unionville
$893K

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
$4,056/mo
$192KIncome needed
4.6×Price ÷ income
$936Weekly cost
$14,275Land 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.

73%mortgage
Mortgage $4,056Property tax $464Condo fee $1,001Total carry $5,521

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)
$3,937per month

Mortgage amount $712,000 · 4.49% over 25 years

$178,000Down payment (20.0%)
$712,000Loan before insurance
$0CMHC premium
$5,402Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,937
Property tax
$464
Condo / maintenance fees
$1,001
Heating
$0
Estimated monthly cost
$5,402

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

One-time closing costs

Ontario land transfer tax
$14,275
Estimated closing costs
$14,275

Plus your down payment of $178,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,765/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

$469,031Total interest paid
$1,181,031Total of all payments
Principal $712,000 Interest $469,031
YearPrincipalInterestBalance
1$15,889$31,352$696,111
2$16,610$30,631$679,501
3$17,364$29,877$662,137
4$18,153$29,088$643,984
5$18,977$28,264$625,007
6$19,839$27,403$605,168
7$20,739$26,502$584,429
8$21,681$25,560$562,748
9$22,665$24,576$540,082
10$23,695$23,547$516,388
11$24,770$22,471$491,617
12$25,895$21,346$465,722
13$27,071$20,170$438,651
14$28,300$18,941$410,351
15$29,585$17,656$380,767
16$30,928$16,313$349,838
17$32,332$14,909$317,506
18$33,800$13,441$283,706
19$35,335$11,906$248,370
20$36,939$10,302$211,431
21$38,617$8,625$172,814
22$40,370$6,871$132,444
23$42,203$5,038$90,241
24$44,119$3,122$46,122
25$46,122$1,119$0

At the end of your 5-year term

Total paid over the term
$236,206
Principal paid down
$86,993
Interest paid
$149,213
Balance remaining
$625,007

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$6,100/mo
$73,200Gross annual rent
5.3%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.

8.2%
Gross yield
− Property tax $5,566− Condo fees $12,012− Insurance $600− Vacancy & upkeep $8,052Net operating income $46,970

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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