219 Hopecrest Road, Markham, ON
Cachet, Markham · MLS® N14032954
About this home
In short
- Welcome To This Beautifully Aspen Ridge Home Situated On A Premium Ravine Lot In Markham's Prestigious Cachet Community.
- Of Elegant Living Space, This Stunning Home Features A Brand-New Upgraded Kitchen With New Appliances, Fresh Painting Throughout, Hardwood Flooring On Main & Second...
- Bright & Spacious Open-Concept Layout With A Large Family Room Featuring An Oversized Bay Window And Beautiful Natural Views.
- Professionally Finished Basement With Newly Upgraded Flooring, Second Kitchen & Additional Living Space.
- Ideally Located Minutes From Hwy 404/407, Cachet Centre, T&T Supermarket, King Square Shopping Centre, Parks, Trails, Schools & Everyday Amenities.
Welcome To This Beautifully Aspen Ridge Home Situated On A Premium Ravine Lot In Markham's Prestigious Cachet Community! Offering Approx. 2,500 Sq. Ft. Of Elegant Living Space, This Stunning Home Features A Brand-New Upgraded Kitchen With New Appliances, Fresh Painting Throughout, Hardwood Flooring On Main & Second Levels, And 9' Ceilings On Main Floor. Bright & Spacious Open-Concept Layout With A Large Family Room Featuring An Oversized Bay Window And Beautiful Natural Views. Expansive Deck And Generous Backyard Backing Onto Lush Greenery With Scenic Pond & Park Views, Perfect For Summer BBQs And Outdoor Entertaining. Professionally Finished Basement With Newly Upgraded Flooring, Second Kitchen & Additional Living Space. Ideally Located Minutes From Hwy 404/407, Cachet Centre, T&T Supermarket, King Square Shopping Centre, Parks, Trails, Schools & Everyday Amenities. A Rare Opportunity To Enjoy Modern Luxury, Natural Beauty & Exceptional Convenience In One Of Markham's Most Desirable Neighbourhoods!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14032954
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 45 × 100 ft
- Cross streets
- Woodbine/16th Ave.
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,397 / 2025
- Days on market
- 5
- Listing brokerage
- EXP REALTY
Rooms
hardwood floor · overlooks pool · gas fireplace
Broadloom
hardwood floor · combined w/living · moulded ceiling
hardwood floor · closet · overlooks park
ceramic floor · backsplash · granite counters
ceramic floor · w/o to yard · open concept
hardwood floor · 5 pc ensuite · walk-in closet(s)
broadloom · window
Ceramic Floor
hardwood floor · 4 pc ensuite · overlooks park
hardwood floor · combined w/dining · moulded ceiling
hardwood floor · semi ensuite · overlooks park
Listed at $1,588,000. Going by how homes in Cachet and the wider GTA have actually closed against their asking prices (about 97%, 11 local closings in 90 days), the likely sale price is near $1.54M, if it sells. A realistic range is $1.45M to $1.74M.
Independent value check: $1.68M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $1.57M and $1.76M).
Why $1.68M. The typical detached home sold in Cachet over the past year went for about $2.03M (41 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,397 a year; the typical home sold here pays about $10,100.
- ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 3,000 to 3,500.
- ▼ Lowers it slightlyIts lot is 45 by 100 ft; the typical lot sold here is 59 by 115.
Total price vs nearby homes. Likely closing about $1.54M, from 11 recent closings in this pocket.
The market behind the math:
About 2.7 months of inventory: 10 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $706/sqft against an area asking average of $649/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.67M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 11 comparable homes that sold in Cachet over the past two years, from 86 closings there.
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 $654/sqft; this home lists at $706/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
Neighbourhood & location
Cachet, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,270,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,024
- Property tax
- $616
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,641
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,235
- Estimated closing costs
- $28,235
Plus your down payment of $317,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $421,456
- Principal paid down
- $155,219
- Interest paid
- $266,236
- Balance remaining
- $1,115,181
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 23 whole-home leases in Cachet signed at a median of $3,984 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,726. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.