4 Bishop Crescent, Markham, ON
Markham Village, Markham · MLS® N14084922
About this home
In short
- Turn-key perfection in sought-after Markham Village.
- Enjoy ~1,913 sq. ft. of above-grade living space (per MPAC) highlighted by elegant hardwood and tile flooring, starting with a functional front mudroom/porch (2023)...
- The renovated, open-concept eat-in kitchen features quartz countertops and white cabinetry.
- Upstairs boasts 3 generous bedrooms and 2 full bathrooms, both upgraded with sleek, all-glass shower enclosures & double sink (including primary 3-pc ensuite).
- The finished basement provides exceptional versatile space, complete with a large rec room, 4th bedroom, and a full 4-piece bathroom with a bathtub-perfect for an...
Turn-key perfection in sought-after Markham Village! Extensively updated throughout, 100% carpet-free, and illuminated by pot lights across all 3 levels, this move-in ready 3+1 bed, 4-bath home sits on a quiet, mature crescent in a family-friendly neighbourhood. Enjoy ~1,913 sq. ft. of above-grade living space (per MPAC) highlighted by elegant hardwood and tile flooring, starting with a functional front mudroom/porch (2023), standalone security camera system. The renovated, open-concept eat-in kitchen features quartz countertops and white cabinetry. A cozy family room offers a seamless walkout to a beautiful, low-maintenance backyard complete with quality stone interlocking and a garden pavilion with an enclosed storage shed (2023) for ideal outdoor extra storage. Upstairs boasts 3 generous bedrooms and 2 full bathrooms, both upgraded with sleek, all-glass shower enclosures & double sink (including primary 3-pc ensuite). The finished basement provides exceptional versatile space, complete with a large rec room, 4th bedroom, and a full 4-piece bathroom with a bathtub-perfect for an in-law suite, guest retreat, or home office! Key updates & features: Front driveway & backyard interlocking (2023), side walkway with brick & cement, garden pavilion with enclosed shed (2023), front mudroom/porch (2023), smart garage door opener (2023), furnace & tankless water heater (2018), and roof (~2017). Attached 2-car garage plus an expanded driveway with extra parking space (fits up to 5 cars total) with NO sidewalk across the driveway! Unbeatable location-steps to schools, parks, Historic Main St Markham shops/dining, and Markham GO Station.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14084922
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 35.27 × 109.19 ft
- Cross streets
- Markham Rd. & 16th Ave.
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,814 / 2026
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
Closet Organizers
open concept · overlooks living
large window · open concept
sunken room · gas fireplace · w/o to patio
open concept · pot lights
modern kitchen · quartz counter · backsplash
window · closet organizers
Closet
Pot Lights
large window · walk-in closet(s) · 4 pc ensuite
open concept · overlooks backyard · california shutters
window · closet organizers
Listed at $1,188,800. Going by how homes in Markham Village and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $1.16M, if it sells. A realistic range is $1.09M to $1.31M.
Independent value check: $1.12M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.05M and $1.17M).
Why $1.12M. The typical detached home sold in Markham Village over the past year went for about $1.26M (94 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,814 a year; the typical home sold here pays about $5,800.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
Total price vs nearby homes. Likely closing about $1.16M, from 22 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 11 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $679/sqft against an area asking average of $591/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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.11M. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- 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
Based on 22 comparable homes that sold in Markham Village over the past two years, from 167 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 $607/sqft; this home lists at $679/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 Village: $1.14M in September 2026, down 7% from a year ago, on 91 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.22M | 10 |
| November 2025 | $1.38M | 11 |
| December 2025 | $1.27M | 6 |
| February 2026 | $1.38M | 7 |
| March 2026 | $1.26M | 10 |
| April 2026 | $1.25M | 9 |
| May 2026 | $1.60M | 11 |
| June 2026 | $1.08M | 9 |
| August 2026 | $1.22M | 10 |
| September 2026 | $1.14M | 8 |
Neighbourhood & location
Markham Village, 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 16, 2026); conventional rates run a little higher.
Mortgage amount $951,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,258
- Property tax
- $401
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,660
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,251
- Estimated closing costs
- $20,251
Plus your down payment of $237,760. 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
- $315,508
- Principal paid down
- $116,200
- Interest paid
- $199,308
- Balance remaining
- $834,840
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 9 whole-home leases in Markham Village signed at a median of $4,118 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,838. 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.