21 Madsen Crescent, Markham, ON
Markville, Markham · MLS® N14081126
About this home
In short
- Original Owner, Meticulous Care, And A Fresh Renovation.
- This Newly Renovated 4-Bedroom Home On Quiet Madsen Crescent Puts You In The Heart Of Markville, One Of Markham's Most Sought-After Family Neighbourhoods.
- Walk To Markville Secondary School, Ranked Among Ontario's Top Public High Schools, And Central Park Public School.
- Everyday Convenience Is Hard To Match: 2 Minutes To CF Markville, Where The Newly Announced T&T Supermarket Is Set To Open, Plus Centennial GO With Direct Trains To...
- Renovated, Original-Owner Cared For, And Ready To Move In, This Is The Markville Home Families Wait For.
Original Owner, Meticulous Care, And A Fresh Renovation. This Newly Renovated 4-Bedroom Home On Quiet Madsen Crescent Puts You In The Heart Of Markville, One Of Markham's Most Sought-After Family Neighbourhoods. Brand New Vinyl Flooring Runs Throughout, Giving The Home A Clean, Cohesive Look With The Durability A Busy Household Needs. The Main Level Flows Naturally From Living And Dining Into The Family Area, With A Walk-Out To A Large Deck Overlooking A Flat, Open Backyard With No Large Trees, Which Means No Raking Leaves And Full Use Of The Yard For Gardening, Play, Or Summer Entertaining. Upstairs, Four Spacious Bedrooms Give Every Member Of The Family Room To Grow. The Primary Bedroom Is Exceptionally Generous, With The Space To Accommodate An Additional Ensuite Washroom For Buyers Who Want To Customize. Parking Is A True Standout On The Street, With A Double Car Garage Plus A 2-Car Driveway. Walk To Markville Secondary School, Ranked Among Ontario's Top Public High Schools, And Central Park Public School. Everyday Convenience Is Hard To Match: 2 Minutes To CF Markville, Where The Newly Announced T&T Supermarket Is Set To Open, Plus Centennial GO With Direct Trains To Union Station, Centennial Community Centre's Pool, Rink And Fitness Centre, And The Rouge Valley Trail Through Austin Drive Park To Toogood Pond. Minutes To Highways 7, 407 And 404. Renovated, Original-Owner Cared For, And Ready To Move In, This Is The Markville Home Families Wait For.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14081126
- Bedrooms
- 4
- Bathrooms
- 1
- Size
- 1100-1500 sq ft
- Lot
- 29.62 × 111.29 ft
- Cross streets
- McCowan and Hwy 7
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Partially Finished, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,559 / 2025
- Days on market
- 4
- Listing brokerage
- T-ONE GROUP REALTY INC.,
Rooms
vinyl floor · large window · large closet
vinyl floor · large window · large closet
vinyl floor · window
vinyl floor · large closet · large window
vinyl floor · semi ensuite · large closet
open concept · window
vinyl floor · large window · open concept
vinyl floor · open concept · w/o to yard
Listed at $899,000. Going by how homes in Markville and the wider GTA have actually closed against their asking prices (about 98%, 7 local closings in 90 days), the likely sale price is near $878K, if it sells. A realistic range is $822K to $989K.
Independent value check: $925K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $867K and $969K).
Why $925K. The typical detached home sold in Markville over the past year went for about $1.50M (44 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,559 a year; the typical home sold here pays about $7,000.
- ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▼ Lowers it4 bedrooms and 1 baths, against 4+2 and 4 typically.
- ▲ Raises itThe listing presents it as a home to renovate or rebuild.
Total price vs nearby homes. Likely closing about $878K, from 7 recent closings in this pocket.
The market behind the math:
Price per square foot: this home lists at $692/sqft against an area asking average of $767/sqft.
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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $917K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Markville, so I widened the search to the surrounding area.
Based on 7 comparable homes that sold in Markville over the past two years, from 61 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $925K, which is where my estimate comes from.
Per square foot, these ask about $599/sqft; this home lists at $692/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
Markville, 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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $719,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,977
- Property tax
- $380
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,356
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Estimated closing costs
- $14,455
Plus your down payment of $179,800. 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
- $238,595
- Principal paid down
- $87,873
- Interest paid
- $150,722
- Balance remaining
- $631,327
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 11 whole-home leases in Markville signed at a median of $3,454 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,278. 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 T-ONE GROUP REALTY INC.,. MLS®/PropTx.