MLS® listing
40 Liam Lane: semi-detached house for sale
$899,990
From the listing brokerage
Welcome to this Beautiful 4 BEDROOM, 4 BATHROOM, PREMIUM RAVINE LOT Semi-Detached Home, Located in Markham's Prestigious Cedarwood Community! This MOVE-IN Ready Home Offers Carpet-Free Living, a Bright Open-Concept Layout, Abundant Natural Light, and Elegant Solid Wood California Shutters. Step Inside to Discover Spacious Living, Family, and Dining Areas Perfect for Everyday Living and Entertaining, Overlooking the Private Backyard. The Stylish Kitchen Features Quartz Countertops, Ceramic Backsplash and Stainless Steel Appliances. Enjoy the Added Convenience of Main Floor Laundry and a Dedicated Mudroom Area to Keep Busy Family Life Organized. The Upper Level Features Four Spacious Bedrooms, Including a Primary Suite with a 5-Piece Ensuite and Large Walk-In Closet, Plus a Second Bedroom with Its Own 4-Piece Ensuite. The SEPARATE ENTRANCE Open Basement Offers Endless Possibilities to Create Additional Living Space, a Recreation Room, Home Gym, In-Law Suite or Basement Apartment. Conveniently Located Near TOP-RATED Schools such as USCA Academy International Private School, Markham Gateway PS, Ellen Fairclough PS, as well as Major Retailers such as Costco, Walmart, Canadian Tire, Home Depot, and Major Banks. This property is Ideal for Families and Professionals Alike. Beautifully Maintained. DON'T MISS THE OPPORTUNITY TO MAKE THIS GEM YOUR OWN!
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Style | 2-Storey |
| Basement | Separate Entrance, Unfinished |
| Lot width | 18.93 |
| Lot depth | 106.1 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 2 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $6,225 |
| Tax year | 2025 |
| Parking | Private |
| Interior features | Carpet Free |
Listing courtesy of RE/MAX COMMUNITY REALTY INC.. MLS® N14086972.
About this semi-detached house
40 Liam Lane is a 4 bedroom semi-detached house in TRREB's Cedarwood community in Markham, listed for sale at $899,990. The listing shows 4 bathrooms and 2000-2500 square feet. The lot is listed as 18.93 by 106.1 feet. It comes with 2 parking spaces according to the listing. The garage is listed as built-in. The nearest main intersection given is Markham Rd. & Steeles Ave. E.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing and written into the agreement of purchase and sale.
What it costs to buy 40 Liam Lane
At the asking price of $899,990, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $899,990 |
|---|---|
| Ontario land transfer tax | $14,475 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $64,999 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $6,225 a year, about $519 a month |
|---|
That is before a mortgage payment, home insurance and utilities. These are the figures on the listing, so check the current tax bill before you rely on them.
How the asking price compares
TRREB's Market Watch recorded 18 semi-detached sales in Markham in September 2026, at a median of $999,000 and an average of $1,019,322. This home is listed at $899,990, which is $99,010 below that median.
A city-wide median covers every size, age and neighbourhood, so it is a reference point and not a valuation of this home. Lot, size, condition and location all move the price. Our September 2026 market report and our Markham house prices page have the figures for each home type.
What to check before you make an offer
- Book a home inspection. An inspection looks at the parts of a house you cannot judge at a showing. Our guide explains what a home inspection covers and misses.
- Ask for the survey. The listing gives the lot as 18.93 by 106.1 feet. If the seller has a survey, check the lot lines, fences and any easements against it.
- Confirm what stays. Have the appliances, fixtures and any rented equipment written into the offer.
- Confirm the parking. The listing shows 2 parking spaces.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the condition of the roof, the basement and the yard.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
Markham homes and neighbourhoods
This site covers Markham neighbourhood by neighbourhood, with TRREB prices, housing and transit for each one. The search also lists homes in the cities around Markham.
Markham neighbourhood guides · Markham house prices · All Markham homes for sale
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Questions about 40 Liam Lane
How much is land transfer tax on 40 Liam Lane?
At the asking price of $899,990 the Ontario land transfer tax is $14,475. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 40 Liam Lane?
$64,999 at the asking price of $899,990, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 40 Liam Lane?
The listing shows $6,225 a year for 2025, about $519 a month.
Is 40 Liam Lane priced above or below the Markham median?
It is listed at $899,990. TRREB's September 2026 median for semi-detached sales in Markham was $999,000 across 18 sales, so the asking price is $99,010 lower. The median covers every size and neighbourhood.
How do I book a showing for 40 Liam Lane?
Use the form on this page or call us. Quote MLS® N14086972. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 40 Liam Lane still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn, this address goes to the neighbourhood guide. Where this site has no guide for that community, the page says the home has sold. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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