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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 3 days ago

    40 Buchanan Drive

    Unionville·Markham, ON·L3R 4C7·Near Warden / Hwy 7

    • 4 beds
    Markham real estate›N13590724
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    2 upcoming open houses

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

    • Open house
      Sat, Jul 25
      2026-07-25T18:00:00.000-00:00 – 2026-07-25T20:00:00.000-00:00
      Public
    • Open house
      Sun, Jul 26
      2026-07-26T18:00:00.000-00:00 – 2026-07-26T20:00:00.000-00:00
      Public
    Overview

    What this listing tells us

    Property description

    Welcome to this spacious and well-maintained 4+1 bedroom, 4-bath detached home offering approximately 2,587 sq. ft. of thoughtfully designed living space. Featuring two fireplaces, a bright main floor family room, generous principal rooms, and a functional layout, this home is ideal for comfortable family living and entertaining. The main floor laundry/mud room with a separate side entrance adds everyday convenience, while the double car garage and private driveway provide ample parking. Lovingly maintained, this home offers an excellent opportunity to update and renovate to your own taste. Located in the heart of Downtown Markham's vibrant Unionville community, enjoy walkable access to shops, restaurants, parks, entertainment, and Unionville GO Station, with historic Main Street Unionville just minutes away. Situated within the highly sought-after Unionville High School area (buyers to verify school eligibility) and offering quick access to Highways 404 and 407, this is an exceptional opportunity in one of Markham's most desirable neighbourhoods.

    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
    Jul 21, 2026ListedCurrentFor sale$1,550,000 —N13590724This page
    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

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

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

    📍 40 Buchanan 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
    $7,615
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $715
    0.55% 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
      $1,157,911
      Last 30 days
    • Median sold price
      $1,088,000
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      897
      MLS® transactions
    Full Markham market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 40 Buchanan 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 40 Buchanan 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 40 Buchanan Drive listed for?

      40 Buchanan Drive is listed at $1,550,000 on the MLS® (listing N13590724). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 40 Buchanan 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. 4 baths
  2. 2500-3000 sqft
  3. Detached
  4. Asking
    $1,550,000
    $0 / sqft · MLS® N13590724
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,366,335
    $1,257,028Confidence range$1,475,642
    Asking vs estimate
    ↑above
    +$183,665
    (+13.4%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Markham sell in about 29 days — this one has been listed 3 days.

    Avg sold price
    $1,157,911
    Median sold
    $1,088,000
    Avg days on market
    29
    Recently sold
    897
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Welcome to this spacious and well-maintained 4+1 bedroom, 4-bath detached home offering approximately 2,587 sq. ft. of thoughtfully designed living space.
  6. Featuring two fireplaces, a bright main floor family room, generous principal rooms, and a functional layout, this home is ideal for comfortable family living and entertaining.
  7. The main floor laundry/mud room with a separate side entrance adds everyday convenience, while the double car garage and private driveway provide ample parking.
  8. Lovingly maintained, this home offers an excellent opportunity to update and renovate to your own taste.
  9. Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  10. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    4
    Driveway
    Private
  11. Interior

    5
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Main Level
  12. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Unknown
    Pool
    None
  13. Listing & possession

    3
    Occupancy
    0-60 days/TBA
    Property style
    2-Storey
    Property class
    Detached
  14. Room-by-room · 12 rooms

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

    Room dimensions

    Main level

    6 rooms
    • Dining Room
      Formal Rm
      13.2 × 10.3 ft
    • Kitchen
      stainless steel appl · ceiling fan(s)
      8.3 × 10.7 ft
    • Living Room
      Bay Window
      20.4 × 10.5 ft
    • Family Room
      fireplace · walk-out
      18.3 × 12.3 ft
    • Breakfast
      w/o to deck · overlooks backyard
      8.9 × 11.4 ft
    • Laundry
      Walk-Out
      5.7 × 8.2 ft

    Second level

    4 rooms
    • Bedroom 3
      closet · overlooks backyard
      13.9 × 9.4 ft
    • Bedroom 2
      closet · overlooks frontyard
      15.8 × 9.4 ft
    • Primary Bedroom
      4 pc ensuite · double closet · overlooks frontyard
      11.7 × 18.0 ft
    • Bedroom 4
      closet · overlooks backyard
      12.3 × 10.3 ft

    Basement level

    2 rooms
    • Recreation
      Fireplace
      37.8 × 14.4 ft
    • Bedroom 5
      14.5 × 10.3 ft
    Combined estimate
    $8,330
    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
    $7,615
    /mo
    based on the purchase price of $1,550,000
    $310,000 cash
    $1,240,000 financed
    $1,044,405 total interest
    Monthly payment$7,615/ month
    Principal54%$1,240,000
    Interest46%$1,044,405

    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.

    • 30 Alanadale Avenue
      Sold
      Sign in for price
      30 Alanadale Avenue
      Detached
    • 111 Paddock Lane
      Sold
      Sign in for price
      111 Paddock Lane
      Detached
    • 22 Bartlett Road
      Sold
      Sign in for price
      22 Bartlett Road
      Detached
    • 35 Royal Orchard Boulevard
      Sold
      Sign in for price
      35 Royal Orchard Boulevard
      Detached
    • 103 Chloe Crescent
      Sold
      Sign in for price
      103 Chloe Crescent
      Detached
    • 43 Cornell Common Road
      Sold
      Sign in for price
      43 Cornell Common Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    40 Buchanan DriveThis home4 / 425,003,000$1,550,000ask———
    30 Alanadale Avenue4 / 21,100—
    111 Paddock Lane4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Markham

    Active listings within ±20% of this asking price.

    • 21 Donalbain Crescent
      $1,388,800
      21 Donalbain Crescent
      Detached 3 3
    • 119 Robinson Street
      $1,399,000
      119 Robinson Street
      Detached 3 2
    • 57 Avenida Street
      $1,550,000
      57 Avenida Street
      Detached 6 7
    • 57 Buchanan Drive
      $1,488,000
      57 Buchanan Drive
      Detached 4 4
    • 2 Portia Street
      $1,749,000
      2 Portia Street
      Detached 4 4
    • 30 Lambert Road
      $1,499,999
      30 Lambert Road
      Detached 4 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.

  15. One team, no handoffs

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

  16. Showings on YOUR schedule

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

  17. Mortgage that closes

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

  18. Public listing courtesy of PROPERTY.CA INC. · displayed on Summitly per MLS® data-share rules

    40 Buchanan Drive is a 4-bedroom, 4-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 40 Buchanan Drive built?

    The year built for 40 Buchanan Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  20. What is the property tax for 40 Buchanan Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 40 Buchanan Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 40 Buchanan Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,550,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 40 Buchanan Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 40 Buchanan Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 40 Buchanan Drive in?

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

  24. 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.

  25. 22 Bartlett Road
    4 / 5
    2,500
    —
    35 Royal Orchard Boulevard3 / 21,100—
    103 Chloe Crescent4 / 42,000—
    43 Cornell Common Road3 / 41,500—