173 Russell Jarvis Drive, Markham, ON

Legacy, Markham · MLS® N14033876

$1,419,000
For Sale
Listed 3 days agoNo offer date stated

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4+2Bedrooms
4Bathrooms
2Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 173 Russell Jarvis Drive, a beautifully updated home in the prestigious Legacy Golf Course community, offering the perfect blend of elegance, comfort, and...
  • The thoughtfully designed open-concept layout features spacious living, dining, and family rooms with oversized windows that fill the home with natural light.
  • The main floor showcases smooth ceilings, pot lights, rich hardwood flooring, and a graceful circular staircase.
  • The spacious primary suite includes a luxurious upgraded ensuite with a Jacuzzi tub, while the upgraded second-floor bathroom features a quartz countertop for a...
  • Additional highlights include a professionally finished garage with durable epoxy flooring and fresh paint, newly landscaped front yard with elegant interlocking...

Welcome to 173 Russell Jarvis Drive, a beautifully updated home in the prestigious Legacy Golf Course community, offering the perfect blend of elegance, comfort, and functionality. Step through the impressive double-door entrance into a grand two-storey foyer highlighted by a stunning chandelier. The thoughtfully designed open-concept layout features spacious living, dining, and family rooms with oversized windows that fill the home with natural light. The main floor showcases smooth ceilings, pot lights, rich hardwood flooring, and a graceful circular staircase. The modern kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, a stylish backsplash, and ample workspace. Upstairs, you'll find four generously sized bedrooms, each offering excellent closet space. The spacious primary suite includes a luxurious upgraded ensuite with a Jacuzzi tub, while the upgraded second-floor bathroom features a quartz countertop for a refined finish. The professionally finished basement provides exceptional versatility with two additional bedrooms, a full bathroom, and a spacious recreation room-ideal for extended family, guests, a home office, or additional living space. Additional highlights include a professionally finished garage with durable epoxy flooring and fresh paint, newly landscaped front yard with elegant interlocking (2025), new furnace (2022), and new air conditioner (2025).Situated in one of the area's most desirable neighbourhoods, just moments from Legacy Golf Club, this exceptional home offers upscale living, outstanding convenience, and incredible pride of ownership-an outstanding opportunity for families seeking space, style, and a premier location.

Key facts

Property type
Detached, 2-Storey
MLS®
N14033876
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
39.37 × 111.55 ft
Cross streets
9th Line/14th Avenue
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$6,176 / 2025
Days on market
3
Listing brokerage
ANJIA REALTY

Rooms

Living RoomMain4.56 × 3.95 m

large window · hardwood floor

Dining RoomMain3.80 × 3.95 m

fireplace · hardwood floor

Bedroom 2Second3.34 × 3.98 m

large closet · hardwood floor

BreakfastMain2.43 × 3.64 m

open concept · ceramic floor

Bedroom 2Basement4.40 × 4.56 m

Closet

BedroomBasement4.10 × 3.34 m

large window · laminate

Bedroom 4Second3.49 × 3.49 m

double closet · hardwood floor

RecreationBasement7.39 × 6.99 m

wet bar · laminate

Family RoomMain5.04 × 4.25 m

fireplace · hardwood floor

Bedroom 3Second3.49 × 3.49 m

double closet · hardwood floor

KitchenMain2.61 × 3.64 m

modern kitchen · ceramic floor

Primary BedroomSecond9.95 × 4.43 m

walk-in closet(s) · hardwood floor · 5 pc ensuite

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Legacy, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$6,467/mo
$266KIncome needed
5.3×Price ÷ income
$1,492Weekly cost
$24,855Land 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.

93%mortgage
Mortgage $6,467Property tax $515Total carry $6,982

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)
$6,277per month

Mortgage amount $1,135,200 · 4.49% over 25 years

$283,800Down payment (20.0%)
$1,135,200Loan before insurance
$0CMHC premium
$6,791Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,277
Property tax
$515
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,791

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

One-time closing costs

Ontario land transfer tax
$24,855
Estimated closing costs
$24,855

Plus your down payment of $283,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,597/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

$747,815Total interest paid
$1,883,015Total of all payments
Principal $1,135,200 Interest $747,815
YearPrincipalInterestBalance
1$25,333$49,988$1,109,867
2$26,483$48,838$1,083,384
3$27,685$47,635$1,055,699
4$28,943$46,378$1,026,756
5$30,257$45,064$996,500
6$31,630$43,690$964,869
7$33,067$42,254$931,803
8$34,568$40,753$897,235
9$36,137$39,183$861,097
10$37,778$37,542$823,319
11$39,493$35,827$783,826
12$41,287$34,034$742,539
13$43,161$32,159$699,378
14$45,121$30,200$654,257
15$47,170$28,151$607,087
16$49,311$26,009$557,776
17$51,550$23,770$506,226
18$53,891$21,430$452,335
19$56,338$18,983$395,997
20$58,896$16,425$337,102
21$61,570$13,751$275,532
22$64,365$10,955$211,167
23$67,288$8,033$143,879
24$70,343$4,978$73,537
25$73,537$1,784$0

At the end of your 5-year term

Total paid over the term
$376,603
Principal paid down
$138,700
Interest paid
$237,902
Balance remaining
$996,500

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$5,250/mo
$63,000Gross annual rent
3.4%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.

4.4%
Gross yield
− Property tax $6,176− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $48,494

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

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