42 Fred Valley Drive, Markham, ON
Unionville, Markham · MLS® N14095238
About this home
In short
- Best Pocket in Unionville.
- Charming Updated Stone Front Solid Bungalow on a 50 Ft Regular Good Size Private Fenced Lot Backing Onto A Quiet Neighborhood Park.
- Main Level Features A Custom Designed Gourmet Kitchen, Opened Concept L- Shaped Living And Dining, 3 Good Size Bedrooms On Main Level And The Primary Room Comes With...
- Thoughtful And Functional Designed, Professionally Finished Basement Offers Extended Entertaining & Living Space Includes A Theatre With Sound proofed wall And Built...
Best Pocket in Unionville! Charming Updated Stone Front Solid Bungalow on a 50 Ft Regular Good Size Private Fenced Lot Backing Onto A Quiet Neighborhood Park. Main Level Features A Custom Designed Gourmet Kitchen, Opened Concept L- Shaped Living And Dining, 3 Good Size Bedrooms On Main Level And The Primary Room Comes With A 3 Piece Ensuite Bathroom. Thoughtful And Functional Designed, Professionally Finished Basement Offers Extended Entertaining & Living Space Includes A Theatre With Sound proofed wall And Built In Speakers. Close Proximity, Minutes Walk To The Popular Historical Unionville Main Street Where You Find Well Known Cafes, Restaurants And Unique Shops, Seasonal Events, Library, Art Gallery, To good Pond And Trails! This Home Is Modernized And Equipped With Smart Home Technology & Automations. Please Refer To The Property Feature Sheet For All Other Features and Extras
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N14095238
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 50 × 125 ft
- Cross streets
- HIGHWAY 7 E/MAIN ST UNIONVILLE
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,160 / 2026
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
window · closet · hardwood floor
picture window · open concept · hardwood floor
Tile Floor
3 pc ensuite · b/i closet · hardwood floor
window · granite counters · tile ceiling
closet · tile floor
window · built-in speakers · broadloom
window · open concept · broadloom
3 pc ensuite · sliding doors · broadloom
window · closet · hardwood floor
window · tile floor
window · broadloom
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.
Considering this property? Request a written price read
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $935/sqft; this home lists at $1,223/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Unionville, 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 $1,272,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,033
- Property tax
- $680
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,713
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,275
- Estimated closing costs
- $28,275
Plus your down payment of $318,000. 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
- $421,986
- Principal paid down
- $155,415
- Interest paid
- $266,571
- Balance remaining
- $1,116,585
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 HERITAGE GROUP LTD.. MLS®/PropTx.