135 Tilman Circle, Markham, ON

Markham Village, Markham · MLS® N14087304

$1,500,000
For Sale
Listed 3 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 8 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 135 Tilman Circle in sought-after Markham Village.
  • The finished basement offers a separate entrance, two bedrooms, a kitchen, living area and a three-piece bathroom, adding flexibility and additional living space.
  • Crowle Public School, rated 9.5/10 and tied 56th of 3,052 Ontario elementary schools, and St.
  • Kateri Tekakwitha Catholic Elementary School, rated 8.4/10 and tied 231st.
  • Space, convenience and the charm of Markham Village come together in this detached home with a finished basement and separate entrance.

Welcome to 135 Tilman Circle in sought-after Markham Village! This bright, spacious two-storey detached home offers four bedrooms above grade, generous principal rooms and a peaceful setting in an established Markham neighbourhood. The main floor features inviting living and dining areas for gatherings, an eat-in kitchen and a separate family room for relaxed evenings at home. Upstairs, four well-sized bedrooms provide space for a growing household, guests or a home office. The finished basement offers a separate entrance, two bedrooms, a kitchen, living area and a three-piece bathroom, adding flexibility and additional living space. An attached two-car garage and generous driveway provide ample parking. Enjoy nearby schools, parks, grocery stores and everyday conveniences, along with the shops, restaurants and community atmosphere of historic Main Street Markham. A wonderful setting to put down roots, enjoy neighbourhood walks and make lasting memories. Perfect for investors, generational families, & relocators alike! Nearby schools include Edward T. Crowle Public School, rated 9.5/10 and tied 56th of 3,052 Ontario elementary schools, and St. Kateri Tekakwitha Catholic Elementary School, rated 8.4/10 and tied 231st. Area secondary schools include Markham District High School, rated 8.3/10 and tied 52nd of 747 Ontario secondary schools, and St. Brother André Catholic High School, rated 7.9/10 and tied 95th. Rankings: Fraser Institute 2025 reports, based on 2023-2024 results. Space, convenience and the charm of Markham Village come together in this detached home with a finished basement and separate entrance.

Key facts

Property type
Detached, 2-Storey
MLS®
N14087304
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
49.7 × 109.19 ft
Cross streets
16th Ave and Mintleaf/9th line
Parking
2 garage · 8 parking (attached)
Basement
Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,720 / 2025
Days on market
3
Listing brokerage
ROYAL CANADIAN REALTY

Rooms

Bedroom 4Second3.43 × 3.35 m

Hardwood Floor

Living RoomBasement0.00 × 0.00 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

Family RoomMain5.39 × 3.28 m

Hardwood Floor

Bedroom 3Second4.35 × 3.17 m

Hardwood Floor

KitchenMain6.08 × 3.28 m

Breakfast Area

Primary BedroomBasement0.00 × 0.00 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

Dining RoomMain3.74 × 3.29 m

Hardwood Floor

Primary BedroomSecond6.15 × 5.74 m

Hardwood Floor

Living RoomMain5.24 × 3.29 m

Hardwood Floor

Bedroom 2Second4.70 × 3.16 m

Hardwood Floor

KitchenBasement0.00 × 0.00 m
BathroomBasement0.00 × 0.00 m

3 Pc Bath

Bedroom 2Basement0.00 × 0.00 m
BathroomSecond0.00 × 0.00 m

4 Pc Ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.47Mlikely sale price

Listed at $1,500,000. 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 $1.47M, if it sells. A realistic range is $1.37M to $1.65M.

Independent value check: $1.25M. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $1.17M and $1.31M).

Why $1.25M. The typical detached home sold in Markham Village over the past year went for about $1.26M (94 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

List price
$1.37MBelow recent closings$1.65MAbove recent closings

Total price vs nearby homes. Likely closing about $1.47M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.18Mmedian sold price
98%of asking, on average
−9%prices vs a year ago
~20 dayshomes like this take to sell
3days on market so far
$4,313/moest. rent · 22 leases
3.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 16 detached homes for sale in the area against 22 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 $667/sqft against an area asking average of $606/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Markham Village: 13 of the 64 detached leases here lately were basement units, around $1,700 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
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 $1.25M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver

Based on 22 comparable homes that sold in Markham Village over the past two years, from 167 closings there.

What sellers nearby are askingCurrently listed nearby in Markham Village · asking prices
$1.52Mavg 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 $650/sqft; this home lists at $667/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home1.59M1.29M1.60M1.50M1.63MThis home vs active comparables

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.22M10
November 2025$1.38M11
December 2025$1.27M6
February 2026$1.38M7
March 2026$1.26M10
April 2026$1.25M9
May 2026$1.60M11
June 2026$1.08M9
August 2026$1.22M10
September 2026$1.14M8

Neighbourhood & location

Markham Village, 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.

Greensborough
$1.16M
Cornell
$1.36M
Raymerville
$1.68M
Sherwood-Amberglen
$1.18M
Wismer
$1.53M

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
$6,837/mo
$278KIncome needed
5.4×Price ÷ income
$1,578Weekly cost
$26,475Land 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.

93%mortgage
Mortgage $6,837Property tax $477Total carry $7,313

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,635per month

Mortgage amount $1,200,000 · 4.49% over 25 years

$300,000Down payment (20.0%)
$1,200,000Loan before insurance
$0CMHC premium
$7,112Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,635
Property tax
$477
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,112

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

One-time closing costs

Ontario land transfer tax
$26,475
Estimated closing costs
$26,475

Plus your down payment of $300,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,031/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

$790,502Total interest paid
$1,990,502Total of all payments
Principal $1,200,000 Interest $790,502
YearPrincipalInterestBalance
1$26,779$52,841$1,173,221
2$27,995$51,625$1,145,226
3$29,266$50,354$1,115,961
4$30,595$49,025$1,085,366
5$31,984$47,636$1,053,382
6$33,436$46,184$1,019,946
7$34,954$44,666$984,992
8$36,541$43,079$948,451
9$38,200$41,420$910,251
10$39,935$39,685$870,316
11$41,748$37,872$828,568
12$43,643$35,977$784,925
13$45,625$33,995$739,300
14$47,697$31,924$691,603
15$49,862$29,758$641,741
16$52,126$27,494$589,615
17$54,493$25,127$535,122
18$56,967$22,653$478,155
19$59,554$20,067$418,602
20$62,257$17,363$356,344
21$65,084$14,536$291,260
22$68,039$11,581$223,221
23$71,129$8,491$152,092
24$74,358$5,262$77,734
25$77,734$1,886$0

At the end of your 5-year term

Total paid over the term
$398,100
Principal paid down
$146,618
Interest paid
$251,483
Balance remaining
$1,053,382

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 22 whole-home leases in Markham Village$4,313/mo
$51,756Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,512 to $4,562Typical rent range

The suite is real income here: basements rent in Markham Village (13 of 64 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 22 whole-home leases in Markham Village signed at a median of $4,251 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,313. 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.

3.5%
Gross yield
− Property tax $5,720− Insurance $1,400− Vacancy & upkeep $5,693Net operating income $38,943

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

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