120 Drakefield Road, Markham, ON
Bullock, Markham · MLS® N14087180
About this home
In short
- Rare Opportunity To Own This Beautifully Maintained And Fully Upgraded Raised Bungalow In The Highly Sought-After Bullock Community.
- Featuring 3+1 Spacious Bedrooms, A Bright And Functional Layout, And A Walk-Out Basement With Separate Entrance, Large Recreation Area, Additional Bedroom, Updated...
- Parking Is Never An Issue With An Attached Garage And An Extra-Long Private Driveway Accommodating Up To 5 Additional Vehicles.
- Ideally Located Just Minutes To Milne Dam Conservation Park, Markville Mall, GO Transit, Highway 407, Top-Rated Schools, Parks, Shopping, Restaurants, And Everyday...
Rare Opportunity To Own This Beautifully Maintained And Fully Upgraded Raised Bungalow In The Highly Sought-After Bullock Community! Offering Over 2,000 Sq.Ft. Of Finished Living Space, This Move-In Ready Home Has Been Thoughtfully Updated And Continuously Improved Over The Years, Showcasing Exceptional Pride Of Ownership.Featuring 3+1 Spacious Bedrooms, A Bright And Functional Layout, And A Walk-Out Basement With Separate Entrance, Large Recreation Area, Additional Bedroom, Updated Full Bathroom Featuring A Marble Shower And Quartz Countertop, And Wet Bar, Offering Excellent Flexibility For Extended Family, Multi-Generational Living, Or Potential Rental Income (Buyer To Verify All Intended Uses).Numerous Quality Upgrades Include Smooth Ceilings With Pot Lights, Upgraded Flooring Throughout, Oak Staircase, An Updated Kitchen Featuring Upgraded Cabinetry, Quartz Countertops, Marble Backsplash, And Stainless Steel Appliances, Updated Bathrooms, Replaced Windows And Exterior Doors, Water Softener, Sprinkler System, And Quality Finishes Throughout.Step Outside To An Oversized Backyard Featuring A Large Deck, Perfect For Outdoor Entertaining, Summer BBQs, Family Gatherings, Or Simply Relaxing In Your Private Outdoor Retreat. Parking Is Never An Issue With An Attached Garage And An Extra-Long Private Driveway Accommodating Up To 5 Additional Vehicles.Ideally Located Just Minutes To Milne Dam Conservation Park, Markville Mall, GO Transit, Highway 407, Top-Rated Schools, Parks, Shopping, Restaurants, And Everyday Amenities. Enjoy The Perfect Balance Of Nature And Convenience With One Of Markham's Most Beloved Conservation Areas Right Nearby, Offering Scenic Walking Trails, Cycling Paths, Open Green Space, And Year-Round Outdoor Recreation.A Rare Combination Of Style, Functionality, Quality Upgrades, Exceptional Outdoor Living, And An Unbeatable Family-Friendly Location. Truly Move-In Ready And Not To Be Missed!
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N14087180
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 60 × 145.75 ft
- Cross streets
- Hwy 7/Mccowan
- Parking
- 1 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,552 / 2026
- Days on market
- 3
- Listing brokerage
- RE/MAX EXCEL REALTY LTD.
Rooms
double closet · hardwood floor · window
bow window · french doors · hardwood floor
gas fireplace · laminate · pot lights
double closet · hardwood floor · window
w/o to deck · quartz counter · stainless steel appl
double closet · hardwood floor · window
pot lights · overlooks garden · hardwood floor
3 pc ensuite · laminate · pot lights
Listed at $1,099,900. Going by how homes in Bullock and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $1.06M, if it sells. A realistic range is $995K to $1.20M.
Independent value check: $1.14M. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $1.06M and $1.19M).
Why $1.14M. The typical detached home sold in Bullock over the past year went for about $1.16M (33 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $5,552 a year; the typical home sold here pays about $5,800.
Total price vs nearby homes. Likely closing about $1.06M, from 10 recent closings in this pocket.
The market behind the math:
About 2.1 months of inventory: 7 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $846/sqft against an area asking average of $786/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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.12M. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- 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 Bullock, so I widened the search to the surrounding area.
Based on 10 comparable homes that sold in Bullock over the past two years, from 69 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 $1.14M, which is where my estimate comes from.
Per square foot, these ask about $796/sqft; this home lists at $846/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 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
Bullock, 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 $879,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,865
- Property tax
- $463
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,328
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,473
- Estimated closing costs
- $18,473
Plus your down payment of $219,980. 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
- $291,914
- Principal paid down
- $107,510
- Interest paid
- $184,404
- Balance remaining
- $772,410
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 23 whole-home leases in Bullock signed at a median of $3,579 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,307. 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 RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.