299 Kirkham Drive, Markham, ON

Cedarwood, Markham · MLS® N14081232

$998,900
For Sale
Listed 4 days agoNo offer date stated
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3Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Spacious 3 Bedroom Townhouse.
  • Hardwood Floor & Open Concept Layout, Perfect For Entertaining Beautiful Eat-In Kitchen With Quartz Countertop & Breakfast Area & Stainless Steel Kitchen Appliances.
  • Lovely Primary Bedroom With Walk-In Closet & Stunning 5pc En-suite Bath.

Spacious 3 Bedroom Townhouse. Double Garage. Hardwood Floor & Open Concept Layout, Perfect For Entertaining Beautiful Eat-In Kitchen With Quartz Countertop & Breakfast Area & Stainless Steel Kitchen Appliances. Lovely Primary Bedroom With Walk-In Closet & Stunning 5pc En-suite Bath! Easy Access To Golf Course, Schools, Parks, Costco/Walmart/Canadian Tire/Home Depot And All Major Banks. Top-Ranking School Middlefield Collegiate Institute.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N14081232
Bedrooms
3
Bathrooms
4 (2 half)
Size
2000-2500 sq ft
Lot
19.82 × 73.52 ft
Cross streets
Markham / Steeles
Parking
2 garage · 4 parking (attached)
Basement
Unfinished
Heating
Water
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,885 / 2026
Days on market
4
Listing brokerage
HOMELIFE/FUTURE REALTY INC.
Our TakeTeam Asgarian · Broker
In line with recent sales
$958Kautomated estimate, from recent sales

Listed at $998,900, about 4% above our estimate of $958K (homes like it typically land between $897K and $1.00M).

Why $958K. The typical townhouse sold in Cedarwood over the past year went for about $1.00M (16 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,885 a year; the typical home sold here pays about $4,600.
  • ▲ Raises it2 garage and 4 total parking spaces, against 1 and 2.5 typically.
List price
$897KBelow our range$1.00MAbove our range

Total price vs nearby homes. Fair value about $958K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
4days on market so far
$3,262/moest. rent · 17 leases
3.9%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $444/sqft against an area asking average of $548/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 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $935K. 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 5 homes sold on this street over the past two years, from 28 closings in Cedarwood.

What sellers nearby are askingCurrently listed nearby in Cedarwood · asking prices
$969kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $958K, which is where my estimate comes from.

Per square foot, these ask about $485/sqft; this home lists at $444/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
999kThis home999k799k1.11MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 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$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

Neighbourhood & location

Cedarwood, 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.

Middlefield
$985K
Cedar Grove
$853K
Village Green-South Unionville
$995K
Cornell
$927K
Wismer
$1.00M

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
$4,553/mo
$190KIncome needed
5.3×Price ÷ income
$1,051Weekly cost
$16,453Land 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.

92%mortgage
Mortgage $4,553Property tax $407Total carry $4,960

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)
$4,418per month

Mortgage amount $799,120 · 4.49% over 25 years

$199,780Down payment (20.0%)
$799,120Loan before insurance
$0CMHC premium
$4,826Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,418
Property tax
$407
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,826

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

One-time closing costs

Ontario land transfer tax
$16,453
Estimated closing costs
$16,453

Plus your down payment of $199,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,421Total interest paid
$1,325,541Total of all payments
Principal $799,120 Interest $526,421
YearPrincipalInterestBalance
1$17,833$35,189$781,287
2$18,643$34,379$762,644
3$19,489$33,533$743,155
4$20,374$32,648$722,781
5$21,299$31,723$701,482
6$22,266$30,756$679,216
7$23,277$29,745$655,939
8$24,334$28,688$631,605
9$25,439$27,583$606,166
10$26,594$26,428$579,573
11$27,801$25,220$551,771
12$29,064$23,958$522,708
13$30,383$22,638$492,325
14$31,763$21,259$460,562
15$33,205$19,817$427,357
16$34,712$18,309$392,644
17$36,289$16,733$356,356
18$37,936$15,085$318,420
19$39,659$13,363$278,761
20$41,459$11,562$237,302
21$43,342$9,680$193,960
22$45,310$7,712$148,650
23$47,367$5,655$101,283
24$49,518$3,504$51,766
25$51,766$1,256$0

At the end of your 5-year term

Total paid over the term
$265,108
Principal paid down
$97,638
Interest paid
$167,471
Balance remaining
$701,482

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 17 whole-home leases in Cedarwood$3,262/mo
$39,144Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,099 to $3,425Typical 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 17 whole-home leases in Cedarwood signed at a median of $3,439 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,262. 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.

3.9%
Gross yield
− Property tax $4,885− Insurance $1,400− Vacancy & upkeep $4,306Net operating income $28,553

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

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