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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N13824494For SaleCondo Townhouse

16 Victor Herbert Way

Cathedraltown, Markham, Ontario L6C 0N6

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16 Victor Herbert Way, Markham, photo 1
Asking$950,000
Bedrooms
3
Bathrooms
3
Size
2,250–2,499sq ft
Per sq ft
$400at the range’s middle
Tax a year
$5,2802026 tax year
Parking
21 built-in
Days on market
Members

The brief

About 16 Victor Herbert Way

16 Victor Herbert Way is a 3-bedroom, 3-bathroom condo townhouse in Cathedraltown, Markham, listed for sale at an asking price of $950,000 (MLS® N13824494).

Luxury Monarch Built Corner Unit*2429Sf Of Modish Living Space With $90K High-End Upgrds: Hardwood Floors, Oak Stairs W/Wrought Iron Pickets, Caesarstone Cntop/Glass Tile Bksplsh, Premium S/S Appliances & B/I Microwave/O,B/I Glass Cabnts . Wall Mounted Tv/Home Theatre In Family Rm, Living Room With 13' feet Ceiling & Modern Chandelier, Over 40 Potlites, Luxury Custom Ensuites, Custom Chute For Laundry Trspt From Upper To Lower Level, Mudroom W/Custom Closets/Cabinetry/Bench. Hot Water Tank is Owned;

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,815/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 17 condos with 3 bedrooms for lease in Markham right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$5,280 / 2026
MLS® number
N13824494
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
2250-2499 sqft
Listed on
Parking
1 Built-In, 2 Parking
Listing brokerage: HOMELIFE NEW WORLD REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
Multi-Level
Community
Cathedraltown
Municipality
Markham

Building

Size
2250-2499 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
1 × 2pc 2nd, 1 × 4pc 3rd, 1 × 5pc 3rd
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Built-In
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
Yes
Den
Yes
Family room
Yes
Extras
All High-End Custom Built Fixtures, All Electric Light Fixtures Incl. Chandelier & Potlites, Jenn-Air S/S Appliances: Fridge, Stove, Dishwasher, Washer, Dryer & Built/In Microwave. Modern Roller Shades (AS IS);
Condo maint.
$240

Rooms

RoomSizeFeaturesLevel
Living3.43 × 6.0 mhardwood floor, O/Looks GardenMain
Dining3.05 × 4.34 mhardwood floor, Raised RmMain
Kitchen3.0 × 3.96 mCeramic Floor, Backsplash, W/O To BalconyMain
Breakfast2.19 × 3.66 mCeramic Floor, W/O To BalconyMain
Family5.18 × 5.31 mhardwood floor, Fireplace, Above Grade WindowLower
Primary3.56 × 4.88 m4 Pc Ensuite, W/O To Balcony, Separate ShowerUpper
2nd Br2.67 × 4.4 mHardwood FloorUpper
3rd Br2.44 × 4.11 mHardwood FloorUpper

Listing history

Buy/sell history for 16 Victor Herbert Way, Markham, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$950,000N/AScN13824494

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $190,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$190,000
Total mortgage amount
$760,000
Total interest payment
$540,500
Total purchase cost
$1,490,500
Mortgage payment
$4,335/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

53%

Monthly carrying cost

$5,015
−$1,815per month
  • Rent $3,200
  • Shortfall $1,815

Rental income opens at $3,200, the median asking rent of 17 comparable homes for lease in Markham. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$15,475
Total land transfer tax
$15,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$11,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $950,000
$11,000
Ontario total
$15,475

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 6 on fileRead 2026-11-02
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 m1 water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 3.2 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • 1 water-supply well recorded within 250 mIt was drilled for domestic use; 7 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 12.3 m.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 3.2 km3.2 km

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Richmond Hill GOGO Transit train: Richmond Hill4.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Nokiidaa Public SchoolYork Region DSBPublic · grades JK–8550 m88%Grade 6 average
Sir Wilfrid Laurier Public SchoolYork Region DSBPublic · grades JK–8 · French Immersion550 m99%Grade 6 average
Our Lady Help of Christians Catholic Elementary SchoolYork CDSBCatholic · grades JK–82.1 km79%Grade 6 average
ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–83.7 km95%Grade 3 average
SecondaryTypeDistanceGrade 9 math 2024–25
Richmond Green Secondary SchoolYork Region DSBPublic · grades 9–122.1 km82%Grade 9 math
St Augustine Catholic High SchoolYork CDSBCatholic · grades 9–12 · French Immersion2.6 km97%Grade 9 math
Our Lady Queen of the World CA High SchoolYork CDSBCatholic · grades 9–12 · French Immersion3.7 km79%Grade 9 math
École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–125.8 km90%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Cathedraltown are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record