128 Reeve Drive, Markham, ON
Markham Village, Markham · MLS® N14090106
About this home
In short
- Beautifully maintained and offered for the first time in 35 years, this exceptional family home is located on prestigious Reeve Drive in one of Markham's most...
- The second floor offers four generously sized bedrooms, including a spacious primary retreat, featuring a walk-in closet and a newly renovated 3-piece ensuite.
- The finished basement provides additional living space with a fifth bedroom, large recreation room, office, cold cellar, and workshop.
- Step outside to your private backyard oasis, complete with mature landscaping and an interlock patio ideal for summer barbecues and outdoor gatherings.
- Enjoy the conveinence of being just minutes from historic Markham Village, charming restraunts, cafes, the library, Milne Conservation Park, Morgan Pool, communty...
Beautifully maintained and offered for the first time in 35 years, this exceptional family home is located on prestigious Reeve Drive in one of Markham's most sought-after neighbourhoods. Pride of ownership is evident throughout this spacious residence featuring a bright, popular layout, main floor with elegant living and dining rooms, a cozy family room with a fireplace overlooking the beautiful backyard. The kitchen is equipped with stainless steel appliances, pot lights, and a sun-filled breakfast area with large windows and a walk-out to the yard, perfect for everyday living and entertaining. The second floor offers four generously sized bedrooms, including a spacious primary retreat, featuring a walk-in closet and a newly renovated 3-piece ensuite. The finished basement provides additional living space with a fifth bedroom, large recreation room, office, cold cellar, and workshop. Step outside to your private backyard oasis, complete with mature landscaping and an interlock patio ideal for summer barbecues and outdoor gatherings. Enjoy the conveinence of being just minutes from historic Markham Village, charming restraunts, cafes, the library, Milne Conservation Park, Morgan Pool, communty centres, Markham Stouffville Hospital, GO Transit, public transit, and Highway 407. A rare opportunity to own a cherished home on one of Markham's most prestigious streets.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14090106
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 52 × 110 ft
- Cross streets
- Markham Rd./Hwy 7
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,468 / 2026
- Days on market
- 2
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
broadloom · double closet · window
broadloom · bay window
broadloom · double closet · window
broadloom · fireplace · window
eat-in kitchen · pot lights · w/o to yard
broadloom · walk-in closet(s) · 3 pc ensuite
broadloom · double closet · window
window · access to garage
broadloom · double closet · window
hardwood floor · fireplace · window
broadloom · window
broadloom · double closet · window
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $582/sqft; this home lists at $723/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Markham Village, Markham, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,302,240 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,200
- Property tax
- $539
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,739
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,031
- Estimated closing costs
- $29,031
Plus your down payment of $325,560. 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
- $432,019
- Principal paid down
- $159,110
- Interest paid
- $272,909
- Balance remaining
- $1,143,130
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 numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.