23 Forest Park Crescent, Markham, ON

Royal Orchard, Markham · MLS® N14081142

$1,898,000
For Sale
Listed 1 day agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 8 parking
2500-3000Sq ft

About this home

In short

  • Rare Offering In The Amazingly Quiet Pomona Mills Community Situated on a quiet crescent, this warm and spacious 2-storey family home offers over 3,000 sq ft of...
  • Long driveway parks 6 cars.
  • The large kitchen overlooks the family room, which features a walk-out to the private backyard - perfect for entertaining and family gatherings.
  • Enjoy a large private garden and peaceful backyard in one of the area's most sought-after neighborhoods.
  • Steps to golf course, great schools, parks, walking trails, library, arena, tennis courts and Thornhill Community Centre.

**Rare Offering In The Amazingly Quiet Pomona Mills Community** Situated on a quiet crescent, this warm and spacious 2-storey family home offers over 3,000 sq ft of living space on an impressive **60.68 ft wide by 183.38 ft deep lot**. Long driveway parks 6 cars. No sidewalk! A charming covered front porch welcomes you into a bright and inviting home, setting the tone for the warmth and comfort throughout. A fantastic, functional layout with generous principal rooms and incredible potential to make it your own. The large kitchen overlooks the family room, which features a walk-out to the private backyard - perfect for entertaining and family gatherings. Separate dining room ideal for hosting guests, plus a spacious living room that offers plenty of flexibility for your lifestyle. A central spiral staircase leads to the second floor, where **4 generously sized bedrooms** provide comfort for the whole family. Enjoy a large private garden and peaceful backyard in one of the area's most sought-after neighborhoods. Steps to golf course, great schools, parks, walking trails, library, arena, tennis courts and Thornhill Community Centre. Convenient access to the subway via express Yonge Street Viva bus, with Hwy 407 only minutes away. A rare opportunity in Pomona Mills - homes like this do not come available often. A must-see!

Key facts

Property type
Detached, 2-Storey
MLS®
N14081142
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
60.68 × 140.08 ft
Cross streets
John & Henderson
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,846 / 2025
Days on market
1
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

Bedroom 4Second4.87 × 4.41 m

hardwood floor · closet · window

Bedroom 2Second3.96 × 3.81 m

hardwood floor · closet · window

Dining RoomMain4.26 × 4.00 m

hardwood floor · window

Bedroom 3Second4.87 × 4.41 m

hardwood floor · closet · window

Family RoomMain5.79 × 3.96 m

w/o to patio · brick fireplace

Living RoomMain5.60 × 4.41 m

large window · hardwood floor

Primary BedroomSecond6.55 × 3.81 m

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

RecreationBasement10.36 × 4.41 m

vinyl floor · wet bar

KitchenMain4.87 × 3.56 m

family size kitchen · overlooks garden

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.85Mlikely sale price

Listed at $1,898,000. Going by how homes in Royal Orchard and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.85M, if it sells. A realistic range is $1.74M to $2.09M.

Independent value check: $1.74M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $1.63M and $1.83M).

Why $1.74M. The typical detached home sold in Royal Orchard over the past year went for about $1.33M (45 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $9,846 a year; the typical home sold here pays about $6,500.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightly4 bedrooms and 4 baths, against 4+1 and 3 typically.
List price
$1.74MBelow recent closings$2.09MAbove recent closings

Total price vs nearby homes. Likely closing about $1.85M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.26Mmedian sold price
99%of asking, on average
−16%prices vs a year ago
~27 dayshomes like this take to sell
1days on market so far
$4,706/moest. rent · 6 leases
3.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $690/sqft against an area asking average of $779/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.96M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • 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

Priced above comparable homes overall, but the price per square foot ($690/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Royal Orchard, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Royal Orchard over the past two years, from 95 closings there.

What sellers nearby are askingCurrently listed nearby in Royal Orchard · asking prices
$1.94Mavg asking

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 $771/sqft; this home lists at $690/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.90MThis home1.48M1.89M1.40M2.99MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Royal Orchard, 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.

Grandview
$1.79M
Aileen-Willowbrook
$1.43M
Cachet
$2.30M
Unionville
$2.01M
Devil's Elbow
$5.40M

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
$8,650/mo
$359KIncome needed
5.3×Price ÷ income
$1,996Weekly cost
$34,435Land 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.

91%mortgage
Mortgage $8,650Property tax $821Total carry $9,471

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,395per month

Mortgage amount $1,518,400 · 4.49% over 25 years

$379,600Down payment (20.0%)
$1,518,400Loan before insurance
$0CMHC premium
$9,216Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,395
Property tax
$821
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,216

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

One-time closing costs

Ontario land transfer tax
$34,435
Estimated closing costs
$34,435

Plus your down payment of $379,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,161/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

$1,000,248Total interest paid
$2,518,648Total of all payments
Principal $1,518,400 Interest $1,000,248
YearPrincipalInterestBalance
1$33,884$66,862$1,484,516
2$35,423$65,323$1,449,093
3$37,031$63,715$1,412,062
4$38,712$62,034$1,373,350
5$40,470$60,276$1,332,880
6$42,308$58,438$1,290,572
7$44,229$56,517$1,246,343
8$46,237$54,509$1,200,107
9$48,336$52,410$1,151,771
10$50,531$50,215$1,101,240
11$52,825$47,921$1,048,415
12$55,223$45,523$993,192
13$57,731$43,015$935,461
14$60,352$40,394$875,109
15$63,092$37,654$812,017
16$65,957$34,789$746,060
17$68,952$31,794$677,108
18$72,082$28,664$605,026
19$75,355$25,391$529,671
20$78,776$21,969$450,895
21$82,353$18,393$368,541
22$86,092$14,654$282,449
23$90,001$10,745$192,448
24$94,088$6,658$98,360
25$98,360$2,386$0

At the end of your 5-year term

Total paid over the term
$503,730
Principal paid down
$185,520
Interest paid
$318,209
Balance remaining
$1,332,880

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
From 6 whole-home leases in Royal Orchard$4,706/mo
$56,472Gross annual rent
2.1%Cap rate after taxes and upkeep
$4,300 to $5,312Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in Royal Orchard signed at a median of $4,593 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,706. 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.

3.0%
Gross yield
− Property tax $9,846− Insurance $1,400− Vacancy & upkeep $6,212Net operating income $39,014

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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