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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 4 days ago

    131 Reeve Drive

    Markham Village·Markham, ON·L3P 6C8·Near Hwy 7 & Markham Rd.

    • 6 beds
    Markham real estate›N13127634
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Stunning 7-bedroom executive home on coveted Reeve Drive with over 5,000 Sq. Ft. of living space! Welcome to this beautifully updated family home located in one of Markham's top school districts. This spacious residence offers an exceptional layout with sun-filled interiors and direct sunlight all day in the backyard. The main floor features elegant hardwood flooring, oversized windows, and a bright open-concept living and dining area. The expansive custom kitchen is a chef's dream with wall-to-wall cabinetry, stainless steel appliances, and a built-in coffee/desk nook. A breakfast area walks out to a raised deck overlooking the private backyard oasis with inground pool, hot tub, patio, and multiple entertaining zones. Upstairs includes a luxurious primary suite with dressing area and spa-like ensuite, a second primary suite, four additional bedrooms, an updated main bath, and cedar closet. The fully finished walk-out basement adds incredible versatility with a large recreation room, games room with fireplace and wet bar, 7th bedroom with ensuite, plus a bonus office and ample storage. All this just minutes to Main Street, Markham Stouffville Hospital, parks, library, and community centre. A rare opportunity in a hidden gem of a neighbourhood this is the one you've been waiting for!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 14, 2026ListedCurrentFor sale$1,849,000 —N13127634This page
    Sep 23, 2025Previously listedSus$1,938,000 —N12422022View
    Jul 17, 2025Previously listedTer$1,997,000 —N12290737View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 131 Reeve Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $9,084
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $700
    0.45% mill rate · ON
    The market

    How this home sits in the Markham market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Markham market right now

    Average sold price, days on market, and closed-transaction count for Markham — sourced from MLS®.

    • Avg sold price
      $1,165,625
      Last 30 days
    • Median sold price
      $1,100,000
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      861
      MLS® transactions
    Full Markham market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 131 Reeve Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 131 Reeve Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 131 Reeve Drive listed for?

      131 Reeve Drive is listed at $1,849,000 on the MLS® (listing N13127634). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 131 Reeve Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 5 baths
  2. 3500-5000 sqft
  3. Detached
  4. Asking
    $1,849,000
    $0 / sqft · MLS® N13127634
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,795,063
    $1,651,458Confidence range$1,938,668
    Asking vs estimate
    ≈in-line
    +$53,937
    (+3.0%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Markham sell in about 28 days — this one has been listed 4 days.

    Avg sold price
    $1,165,625
    Median sold
    $1,100,000
    Avg days on market
    28
    Recently sold
    861
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    • The expansive custom kitchen is a chef's dream with wall-to-wall cabinetry, stainless steel appliances, and a built-in coffee/desk nook.
    • A breakfast area walks out to a raised deck overlooking the private backyard oasis with inground pool, hot tub, patio, and multiple entertaining zones.
    • Upstairs includes a luxurious primary suite with dressing area and spa-like ensuite, a second primary suite, four additional bedrooms, an updated main bath, and cedar closet.
    • The fully finished walk-out basement adds incredible versatility with a large recreation room, games room with fireplace and wet bar, 7th bedroom with ensuite, plus a bonus office and ample storage.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    4
  7. Interior

    4
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    11
  8. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    Inground
  9. Listing & possession

    3
    Occupancy
    60 Days TBA
    Property style
    2-Storey
    Property class
    Detached
  10. Room-by-room · 14 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Dining Room
      hardwood floor · window · combined w/living
      15.6 × 12.0 ft
    • Breakfast
      hardwood floor · w/o to deck · combined w/kitchen
      12.0 × 8.4 ft
    • Kitchen
      hardwood floor · pot lights · updated
      15.3 × 12.0 ft
    • Living Room
      hardwood floor · french doors · combined w/living
      14.3 × 12.0 ft
    • Family Room
      pot lights · b/i bookcase · gas fireplace
      19.3 × 12.8 ft

    Second level

    6 rooms
    • Primary Bedroom
      5 pc ensuite · his and hers closets · ceiling fan(s)
      18.8 × 14.3 ft
    • Bedroom 5
      hardwood floor · window · double closet
      12.6 × 13.2 ft
    • Bedroom 2
      hardwood floor · walk-in closet(s) · 4 pc ensuite
      18.0 × 13.5 ft
    • Bedroom
      hardwood floor · window · double closet
      10.0 × 13.4 ft
    • Bedroom 4
      hardwood floor · window · overlooks frontyard
      11.6 × 10.7 ft
    • Bedroom 3
      hardwood floor · window · french doors
      14.9 × 10.3 ft

    Basement level

    3 rooms
    • Bedroom
      closet · parquet · semi ensuite
      13.6 × 9.9 ft
    • Recreation
      pot lights · w/o to patio · combined w/game
      13.4 × 17.9 ft
    • Game Room
      fireplace · w/o to patio · wet bar
      22.6 × 17.9 ft
    Combined estimate
    $9,784
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $9,084
    /mo
    based on the purchase price of $1,849,000
    $369,800 cash
    $1,479,200 financed
    $1,245,875 total interest
    Monthly payment$9,084/ month
    Principal54%$1,479,200
    Interest46%$1,245,875

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Markham

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 2 Schooner Court
      Sold
      Sign in for price
      2 Schooner Court
      Detached
    • 18 Lismer Court
      Sold
      Sign in for price
      18 Lismer Court
      Detached
    • 5 Oakcrest Avenue
      Sold
      Sign in for price
      5 Oakcrest Avenue
      Detached
    • 46 Valleyview Road
      Sold
      Sign in for price
      46 Valleyview Road
      Detached
    • 25 Gordon Landon Drive
      Sold
      Sign in for price
      25 Gordon Landon Drive
      Detached
    • 71 Plum Tree Circle
      Sold
      Sign in for price
      71 Plum Tree Circle
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    131 Reeve DriveThis home6 / 535,005,000$1,849,000ask———
    2 Schooner Court5 / 63,500—
    18 Lismer Court5 / 43,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Markham

    Active listings within ±20% of this asking price.

    • 81 Marion Crescent
      $1,488,800
      81 Marion Crescent
      Detached 5 4
    • 346 Castan Avenue
      $1,890,000
      346 Castan Avenue
      Detached 5 5
    • 66 Hollylane Drive
      $1,950,000
      66 Hollylane Drive
      Detached 5 5
    • 9 Mario Avenue
      $2,200,000
      9 Mario Avenue
      Detached 5 7
    • 232 Stonebridge Drive
      $1,836,000
      232 Stonebridge Drive
      Detached 5 5
    • 9 Geddington Crescent
      $1,669,000
      9 Geddington Crescent
      Detached 5 6
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of CENTURY 21 LEADING EDGE REALTY INC. · displayed on Summitly per MLS® data-share rules

    131 Reeve Drive is a 6-bedroom, 5-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 131 Reeve Drive built?

    The year built for 131 Reeve Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 131 Reeve Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 131 Reeve Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 131 Reeve Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,849,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 131 Reeve Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 131 Reeve Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 131 Reeve Drive in?

    131 Reeve Drive is in Markham Village, Markham. The 'Neighbourhood' section below links to the live Markham real estate hub with average sold price, days on market, and current inventory.

  20. Is Markham a good place to live?

    Markham is one of ON's actively-tracked Summitly markets. The full Markham real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 5 Oakcrest Avenue
    5 / 9
    3,500
    —
    46 Valleyview Road5 / 42,500—
    25 Gordon Landon Drive5 / 52,500—
    71 Plum Tree Circle5 / 63,500—