Well-located detached property on Hwy 7 E. offering great visibility and accessibility. Featuring a spacious lot with ample parking and a private, treed backdrop with creek nearby. This property offers strong potential for end-users, investors, or builders. The existing home is livable and functional, with options to renovate, update to suit your needs.Surrounded by established neighbourhoods, schools, parks, and shopping, the location is convenient and well-connected to major roads and transit.
3 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $1,340 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 4812 Highway 7 E
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 4
Living space
2000-2500 sq ftas stated on the listing
Parking
12 spaces
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Parking spaces
12
Interior
Basement
Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Backsplit 4
Property class
Detached
4812 Highway 7 E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13100902$2,680,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4812 Highway 7 E Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$13,166
/mo
based on the purchase price of $2,680,000
$536,000 cash
$2,144,000 financed
$1,805,811 total interest
Principal54%$2,144,000
Interest46%$1,805,811
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Markham
Other 3–4 bed homes for sale in Markham around $2.7M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio99.2%On average, homes sold below asking.
Active listings1,445Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 11 – Aug 9, 2026: prices up.
Based on 1,239 sales from Aug 9 – Nov 7, 2026 (878 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
4812 Highway 7 E is listed at $2,680,000 (MLS® N13100902). Summitly updates the price as soon as the MLS® record changes.
Is $2,680,000 a good price for 4812 Highway 7 E?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Markham. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 4812 Highway 7 E changed?
No — 4812 Highway 7 E is still listed at its original asking price of $2,680,000.
How many bedrooms and bathrooms does 4812 Highway 7 E have?
4812 Highway 7 E has 3 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Markham.
Is 4812 Highway 7 E close to transit?
The nearest rapid-transit station is Centennial GO Station (Stouffville GO), about 1.5 km (about a 19-minute walk) in a straight line. Unionville GO Station is about 1.7 km (about a 21-minute walk), and Markham GO Station is about 3.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 4812 Highway 7 E?
About $13,166 a month — principal and interest on $2,680,000 with 20% down ($536,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 4812 Highway 7 E compare with other homes in Markham?
Its asking price of $2,680,000 is about 146% above the median sold price in Markham over the last 90 days, $1,088,888, across 1,239 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 4812 Highway 7 E been sold before?
Summitly has no earlier MLS® sale or lease of 4812 Highway 7 E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4812 Highway 7 E?
4812 Highway 7 E is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4812 Highway 7 E been on the market?
183 days — 4812 Highway 7 E was listed on May 8, 2026.
What is the price per square foot of 4812 Highway 7 E?
About $1,072 to $1,340 per square foot: the asking price of $2,680,000 over the 2,000–2,500 sq ft the listing gives as its size range.
