321 Raymerville Drive, Markham, ON
Raymerville, Markham · MLS® N14091176
About this home
In short
- Welcome to 321 Raymerville Drive-A stunning,fully transformed detached masterpiece in the heart of Markham's most sought-after family community.
- No expense has been spared on this turn-key residence,featuring over $250,000 in meticulous,brand-new premium upgrades.
- Step inside to an airy,light-filled 2-storey layout boasting gorgeous brand-new seamless flooring throughtout the spacious main and upper levels.
- The heart of the home is a spectacular,completley reimagined chef's kitchen equipped with pristine quartz countertops,sleek custom cabinetry,and a full suite of...
- Featuring 4 massive bedrooms, a highly fuctional 2500+ sq.ft.above-grade floor plan,and a beautiful private backyard lot.this home offers the perfect blend of modern...
Welcome to 321 Raymerville Drive-A stunning,fully transformed detached masterpiece in the heart of Markham's most sought-after family community.No expense has been spared on this turn-key residence,featuring over $250,000 in meticulous,brand-new premium upgrades.Step inside to an airy,light-filled 2-storey layout boasting gorgeous brand-new seamless flooring throughtout the spacious main and upper levels.The heart of the home is a spectacular,completley reimagined chef's kitchen equipped with pristine quartz countertops,sleek custom cabinetry,and a full suite of brand-new,stainless-steel appliaces,bathrooms on main -floor and second floor have been exquisitely updated with luxury contemporary tiling,modern vanities,and premium fixtures. Featuring 4 massive bedrooms, a highly fuctional 2500+ sq.ft.above-grade floor plan,and a beautiful private backyard lot.this home offers the perfect blend of modern luxury and functional space for a growing family.Superbly located just minutes from Centenial Go Startion,Markville Mall,Highways 407/404,and steps away from top-ranked,world-class schools including the prestigious Markville Secondary School.Abolutely nothing left to do but move in and enjoy!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14091176
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 47.62 × 114.57 ft
- Cross streets
- Markham Rd & 16th Ave
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,504 / 2026
- Days on market
- 2
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
Closet
overlooks backyard · fireplace
overlooks frontyard · crown moulding
hardwood floor · closet
combined w/br · eat-in kitchen
walk-in closet(s) · 5 pc ensuite
combined w/kitchen · w/o to yard
hardwood floor · closet
Ceramic Floor
separate room · laminate
Listed at $1,780,000. Going by how homes in Raymerville and the wider GTA have actually closed against their asking prices (about 98%, 10 local closings in 90 days), the likely sale price is near $1.75M, if it sells. A realistic range is $1.64M to $1.97M.
Independent value check: $1.49M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.40M and $1.56M).
Why $1.49M. The typical detached home sold in Raymerville over the past year went for about $1.28M (40 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,504 a year; the typical home sold here pays about $5,600.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
Total price vs nearby homes. Likely closing about $1.75M, from 10 recent closings in this pocket.
The market behind the math:
Price per square foot: this home lists at $647/sqft against an area asking average of $676/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 $1.39M. 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($647/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 Raymerville, so I widened the search to the surrounding area.
Based on 10 comparable homes that sold in Raymerville over the past two years, from 67 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 $1.49M, which is where my estimate comes from.
Per square foot, these ask about $660/sqft; this home lists at $647/sqft. Size is part of the price story, not just the sticker.
The 4 closest 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
Raymerville, 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
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 $1,424,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,874
- Property tax
- $542
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,416
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,075
- Estimated closing costs
- $32,075
Plus your down payment of $356,000. 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
- $472,412
- Principal paid down
- $173,987
- Interest paid
- $298,426
- Balance remaining
- $1,250,013
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 14 whole-home leases in Raymerville signed at a median of $3,239 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,466. 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 BAY STREET GROUP INC.. MLS®/PropTx.