



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,150,000
Markham
36 Jondan Crescent, Markham (Royal Orchard), Ontario, L3T3Z5
This 4-bedroom, 3-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $1,150,000, it is attractively priced about 22% below the $1,475,000 median asking price in Markham. It has been on the market 28 days, fresher than the Markham average of 55 days.
Rare Opportunity for Builders, Developers & Investors - All the Hard Work is Done! The current owner has partnered with designers, architects, and the City of Markham to produce fully approved plans for a stunning modern luxury home. Priced at land value with approved building permits included - simply pull the permits and build. Proposed Home Features: Above-Grade Space: ~3,800 sq. ft. across two storeys. Upper Level & Main Floor: 4 spacious bedrooms (each with its own ensuite), grand foyer, chef's kitchen, breakfast area, family room, formal living and dining rooms, and a dedicated home office. Fully Finished Basement: Includes a gym, recreation room, wet bar, wine cellar, and sauna. Additional Highlights: An elevator, covered deck, and 2-car garage complete this exceptional design. Investment Highlights: Estimated Build Cost: ~$1.5M in premium finishes. Market Potential: Comparable new builds in the area are valued near $3.08M - the upside is undeniable. Financing: Seller Take-Back (loan) may be considered for qualified buyers. Location: Situated on a premium ravine lot in a sought-after, family-friendly Markham neighbourhood with easy access to Hwy 407, top-rated schools, dining, and an upcoming subway line. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 28 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed single family in Markham (Royal Orchard) has been listed for 28 days, which is 27 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,150,000, about 12.1× the local median household income of $95,000.
Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 136% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3T)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice