11 Ravenhill Crescent, Markham, ON

Milliken Mills East, Markham · MLS® N14090882

$1,998,000
For Sale
Listed 2 days agoNo offer date stated
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4+2Bedrooms
5Bathrooms
3Garage · 9 parking
3000-3500Sq ft

About this home

In short

  • Welcome to This Spacious & Beautifully Maintained Home Situated on a Premium 65 x 194 Ft Lot in a Highly Sought-After Markham Neighbourhood.
  • Interlocking Driveway, 3-Car Garage and Parking for Up to 6 Vehicles.
  • Excellent Location Close to Pacific Mall, Schools, Parks, Supermarkets, Shopping Plazas, Library, Public Transit and Hwy 407.

Welcome to This Spacious & Beautifully Maintained Home Situated on a Premium 65 x 194 Ft Lot in a Highly Sought-After Markham Neighbourhood! Offering Over 3,200 Sq. Ft. of Living Space, This Home Features a Generous Primary Bedroom Overlooking the Beautiful Backyard, a Bright Eat-In Kitchen With Walkout to the Porch, and Professionally Landscaped Front & Rear Yards With Mature Perennial Gardens. Interlocking Driveway, 3-Car Garage and Parking for Up to 6 Vehicles. Finished Walk-Up Basement With a Large Kitchen Provides Plenty of Additional Living Space. Excellent Location Close to Pacific Mall, Schools, Parks, Supermarkets, Shopping Plazas, Library, Public Transit and Hwy 407. A Rare Opportunity Offering Exceptional Space, Convenience and a Beautiful Oversized Lot in Markham!

Key facts

Property type
Detached, 2-Storey
MLS®
N14090882
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
65.91 × 194.49 ft
Cross streets
14th and brimley
Parking
3 garage · 9 parking (attached)
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Unknown
Sewer
Sewer
Property tax
$8,915 / 2025
Days on market
2
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.96Mlikely sale price

Listed at $1,998,000. Going by how homes in Milliken Mills East and the wider GTA have actually closed against their asking prices (about 98%, 16 local closings in 90 days), the likely sale price is near $1.96M, if it sells. A realistic range is $1.84M to $2.21M.

Independent value check: $1.73M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.62M and $1.82M).

Why $1.73M. The typical detached home sold in Milliken Mills East over the past year went for about $1.21M (74 sales). What sets this one apart:

  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it3 garage and 9 total parking spaces, against 2 and 5.5 typically.
  • ▲ Raises itIts lot is 66 by 194 ft; the typical lot sold here is 31 by 114.
  • ▲ Raises it slightly4+2 bedrooms and 5 baths, against 4+2 and 4 typically.
List price
$1.84MBelow recent closings$2.21MAbove recent closings

Total price vs nearby homes. Likely closing about $1.96M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$1.34Mmedian sold price
98%of asking, on average
−10%prices vs a year ago
~19 dayshomes like this take to sell
2days on market so far
$5,058/moest. rent · 8 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 9 detached homes for sale in the area against 16 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 $615/sqft against an area asking average of $595/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 Milliken Mills East: 36 of the 105 detached leases here lately were basement units, around $1,715 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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.71M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • 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

Priced above comparable homes overall, but the price per square foot ($615/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Milliken Mills East, so I widened the search to the surrounding area.

Based on 16 comparable homes that sold in Milliken Mills East over the past two years, from 109 closings there.

What sellers nearby are askingCurrently listed nearby in Milliken Mills East · asking prices
$1.65Mavg 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 $538/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.00MThis home1.95M1.49M1.52MThis home vs active comparables

Sold 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.

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$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Milliken Mills East, 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.

Bullock
$1.10M
Unionville
$2.16M
Raymerville
$1.68M
Berczy
$1.61M
Sherwood-Amberglen
$1.18M

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
$9,106/mo
$373KIncome needed
5.4×Price ÷ income
$2,101Weekly cost
$36,435Land 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 $9,106Property tax $743Total carry $9,849

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$8,838per month

Mortgage amount $1,598,400 · 4.49% over 25 years

$399,600Down payment (20.0%)
$1,598,400Loan before insurance
$0CMHC premium
$9,581Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,838
Property tax
$743
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,581

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

One-time closing costs

Ontario land transfer tax
$36,435
Estimated closing costs
$36,435

Plus your down payment of $399,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,697/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

$1,052,948Total interest paid
$2,651,348Total of all payments
Principal $1,598,400 Interest $1,052,948
YearPrincipalInterestBalance
1$35,669$70,384$1,562,731
2$37,289$68,765$1,525,441
3$38,982$67,072$1,486,459
4$40,752$65,302$1,445,707
5$42,602$63,452$1,403,105
6$44,537$61,517$1,358,568
7$46,559$59,495$1,312,010
8$48,673$57,381$1,263,337
9$50,883$55,171$1,212,454
10$53,193$52,861$1,159,261
11$55,608$50,446$1,103,653
12$58,133$47,921$1,045,520
13$60,772$45,281$984,748
14$63,532$42,522$921,216
15$66,416$39,638$854,799
16$69,432$36,622$785,368
17$72,584$33,470$712,783
18$75,880$30,174$636,903
19$79,325$26,729$557,578
20$82,927$23,127$474,651
21$86,692$19,362$387,959
22$90,628$15,426$297,330
23$94,743$11,311$202,587
24$99,045$7,009$103,542
25$103,542$2,512$0

At the end of your 5-year term

Total paid over the term
$530,270
Principal paid down
$195,295
Interest paid
$334,975
Balance remaining
$1,403,105

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 8 whole-home leases in Milliken Mills East$5,058/mo
$60,696Gross annual rent
2.2%Cap rate after taxes and upkeep
$4,654 to $5,463Typical rent range
~41 daysTo find a tenant, on average

The suite is real income here: basements rent in Milliken Mills East (36 of 105 recent detached leases were basement units, around $1,715 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,715 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 8 whole-home leases in Milliken Mills East signed at a median of $4,497 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,058. 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.

3.0%
Gross yield
− Property tax $8,915− Insurance $1,400− Vacancy & upkeep $6,677Net operating income $43,704

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

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