4816 Major Mackenzie Avenue, Markham, ON

Berczy, Markham · MLS® N14095098

$969,990
For Sale
Just listed todayNo offer date stated
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4Bedrooms
5Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About this home

In short

  • Luxury Townhome at Union Glen By Award Winning Madison Group.
  • Stunning 3 Storey Townhouse With 2,407 Sq.ft Of Finished Space Including 4 Bedrooms 5 Washrooms.
  • Designed With 9'high Ceiling & Smooth Ceiling Throughout.
  • Primary Bedroom Features Walk-in Closet And 3 Piece Ensuite Bathroom.
  • Finished walkout basement.

Luxury Townhome at Union Glen By Award Winning Madison Group. Stunning 3 Storey Townhouse With 2,407 Sq.ft Of Finished Space Including 4 Bedrooms 5 Washrooms. Designed With 9'high Ceiling & Smooth Ceiling Throughout. The Main Floor Welcomes You To A spacious Family Room With Access To A Private Balcony And Kitchen Equipped With 4 Piece stainless Steel Kitchen Appliance. The Main Floor Also Consists Of A Living Room/Dining Room, great For Gatherings. Primary Bedroom Features Walk-in Closet And 3 Piece Ensuite Bathroom. Finished walkout basement. An Outstanding opportunity To Be A Part Of The Union Glen Community That Is Conveniently Located Near Freshco, Banks, Restaurants And Etc. For sale by builder, listing price is Net of Enhanced HST rebate.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N14095098
Bedrooms
4
Bathrooms
5 (2 half)
Size
2000-2500 sq ft
Lot
18 × 75 ft
Cross streets
Kennedy/Major Mackenzie
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Listing brokerage
PIVOT REAL ESTATE GROUP

Rooms

Dining RoomMain2.74 × 4.24 m

laminate · large window · w/o to patio

Bedroom 3Main2.72 × 2.92 m

laminate · large window · closet

KitchenMain4.24 × 3.20 m

laminate · centre island · stainless steel appl

Bedroom 4Ground4.24 × 4.12 m

laminate · 3 pc ensuite · his and hers closets

Bedroom 2Main3.05 × 3.15 m

laminate · w/o to balcony · closet

DenBasement2.46 × 4.42 m

Laminate

Great RoomMain4.24 × 5.79 m

laminate · large window · w/o to balcony

Living RoomMain3.27 × 5.48 m

laminate · combined w/dining · large window

Primary BedroomMain4.24 × 3.35 m

laminate · walk-in closet(s) · 3 pc ensuite

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$973Klikely sale price

Listed at $969,990 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $973K, typically $912K to $1.10M. Comparable closings on their own put this home around $1.10M, about 13% above the ask.

List price
$912KBelow recent closings$1.10MAbove recent closings

Total price vs nearby homes. Likely closing about $973K, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$930Kmedian sold price
105%of asking, on average
−6%prices vs a year ago
~43 dayshomes like this take to sell
$3,794/moest. rent · 5 leases
4.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 7 townhouse homes for sale in the area against 13 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 $431/sqft against an area asking average of $563/sqft.

How this estimate is builtthe short version

I take the 13 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 4 homes sold on this street over the past two years, plus 1 nearby in Berczy, from 100 closings in Berczy.

What sellers nearby are askingCurrently listed nearby in Berczy · asking prices
$1.02Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.10M, which is where my estimate comes from.

Per square foot, these ask about $584/sqft; this home lists at $431/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
970kThis home930k1.10M982k1.00M1.10MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 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$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

Neighbourhood & location

Berczy, 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.

Angus Glen
$1.26M
Wismer
$1.00M
Village Green-South Unionville
$995K
Unionville
$1.40M
Greensborough
$866K

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
$4,421/mo
$192KIncome needed
5.0×Price ÷ income
$1,020Weekly cost
$15,875Land 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.

88%mortgage
Mortgage $4,421Estimated property tax $606Total carry $5,027

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)
$4,291per month

Mortgage amount $775,992 · 4.49% over 25 years

$193,998Down payment (20.0%)
$775,992Loan before insurance
$0CMHC premium
$4,897Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,291
Estimated property tax
$606
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,897

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

One-time closing costs

Ontario land transfer tax
$15,875
Estimated closing costs
$15,875

Plus your down payment of $193,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,193/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

$511,186Total interest paid
$1,287,178Total of all payments
Principal $775,992 Interest $511,186
YearPrincipalInterestBalance
1$17,317$34,170$758,675
2$18,103$33,384$740,572
3$18,925$32,562$721,647
4$19,784$31,703$701,863
5$20,683$30,805$681,180
6$21,622$29,865$659,558
7$22,603$28,884$636,955
8$23,630$27,857$613,325
9$24,703$26,785$588,623
10$25,824$25,663$562,799
11$26,997$24,490$535,802
12$28,222$23,265$507,580
13$29,504$21,983$478,076
14$30,843$20,644$447,232
15$32,244$19,243$414,988
16$33,708$17,779$381,281
17$35,238$16,249$346,042
18$36,838$14,649$309,204
19$38,511$12,976$270,693
20$40,259$11,228$230,434
21$42,087$9,400$188,346
22$43,998$7,489$144,348
23$45,996$5,491$98,352
24$48,084$3,403$50,268
25$50,268$1,219$0

At the end of your 5-year term

Total paid over the term
$257,436
Principal paid down
$94,812
Interest paid
$162,624
Balance remaining
$681,180

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 5 whole-home leases in Berczy$3,794/mo
$45,528Gross annual rent
3.3%Cap rate after taxes and upkeep
$3,339 to $4,250Typical rent range
~29 daysTo find a tenant, on average

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 5 whole-home leases in Berczy signed at a median of $3,167 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,794. 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.

4.7%
Gross yield
− Property tax $6,790− Insurance $1,400− Vacancy & upkeep $5,008Net operating income $32,330

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PIVOT REAL ESTATE GROUP. MLS®/PropTx.

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