77 Sprucewood Drive, Markham, ON

Thornhill, Markham · MLS® N12831408

$3,577,000
For Sale
Listed 138 days ago
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6Bedrooms
5Bathrooms
2Garage · 8 parking
3500-5000Sq Ft

About this home

Exquisite 5-Bedroom Executive Ravine Home in Prestigious ThornhillSet on one of the deepest and most coveted ravine lots in Thornhill (52.23 x 305.47 ft), this custom-built executive residence offers nearly 6,000 sq ft of luxurious living space, combining timeless elegance with modern functionality. Backing onto a private, wooded ravine, the home provides unparalleled privacy, tranquility, and the feeling of a secluded retreat while remaining just minutes from top schools, shopping, golf, and major commuter routes.A stunning spiral staircase beneath a soaring skylight welcomes you into a sun-drenched foyer, leading to formal living and dining rooms, a cozy family room with gas fireplace, and a spacious eat-in kitchen with abundant potential for your dream design. A main-floor office or study provides the perfect workspace for professionals or families, while elegant details, high ceilings, and premium finishes create a sense of grandeur throughout.Upstairs, five generously sized bedrooms include a luxurious primary suite with spa-like ensuite, walk-in closet, and serene treetop views. The fully finished walk-up basement offers versatile space for entertaining, recreation, or multi-generational living, complete with a second gas fireplace, extensive storage, and direct access to the backyard.The private ravine backyard is a rare urban sanctuary, ideal for a pool, outdoor kitchen, garden suite, or simply enjoying the peaceful natural surroundings year-round. Landscaped gardens, mature trees, and abundant greenery enhance the sense of serenity. Situated within a highly regarded school district and close to transit, shopping, and the planned Yonge North Subway extension, this is a truly exceptional opportunity to own a signature estate property in one of Thornhill's most prestigious and exclusive ravine communities - a home where luxury, privacy, and lifestyle seamlessly converge.

Key facts

Property type
Detached, 2-Storey
MLS®
N12831408
Bedrooms
6 (5 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
52.23 × 305.47 ft
Cross streets
Bayview Ave and John St
Parking
2 garage · 8 parking (built-in)
Driveway
Private
Basement
Walk-Up, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,758 / 2025
Days on market
138
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenMain2.11 × 2.67 m

granite floor · b/i appliances · open concept

RecreationBasement5.48 × 11.55 m

wet bar · gas fireplace · w/o to yard

Living RoomMain5.78 × 3.58 m

hardwood floor · window floor to ceiling · pot lights

Great RoomBasement9.60 × 3.56 m

broadloom · french doors · large closet

FoyerMain9.90 × 2.68 m

granite floor · double closet · spiral stairs

Dining RoomMain6.15 × 3.58 m

hardwood floor · large window · pot lights

BreakfastMain5.83 × 3.53 m

granite floor · pot lights · w/o to deck

Primary BedroomSecond5.58 × 4.91 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

Bedroom 3Second5.57 × 3.56 m

hardwood floor · walk-in closet(s) · overlooks backyard

Bedroom 4Second3.56 × 3.58 m

hardwood floor · walk-in closet(s) · window

OfficeMain3.64 × 2.83 m

hardwood floor · large window · b/i bookcase

Family RoomMain4.03 × 5.13 m

hardwood floor · overlooks backyard · gas fireplace

BedroomBasement3.02 × 4.09 m

tile floor · closet · 4 pc ensuite

Bedroom 2Second4.00 × 4.37 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Bedroom 3Second5.20 × 3.56 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Thornhill SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Bayview Av / Hunt Club Crt is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Worth verifying
  • Weigh carefully
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Thornhill · asking prices
$3.81Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

7 Albion Close$4.59M48 Johnson Street$3.34M30 Deanbank Drive$3.50M

The 3 closest active listings nearby.

See all comparable homes
3.58MThis home4.59M3.34M3.50MThis home vs active comparables
Live market pulseActive comparables in Thornhill · median list $4.25M
$842this home / sqft
6active listings nearby
138days on market

This home lists 27% below the area average of $1,154/sqft.

134 days longer than the Markham average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Thornhill, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

75/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bayview Av / Hunt Club Crt, about 296 m away

20+ transit stops2 grocery20+ dining20+ parks6 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Royal Orchard
$1.45M
Thornlea
$1.94M
Buttonville
$1.69M
Unionville
$2.16M
Milliken Mills East
$1.42M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near E.J. Sand PS
73%
E.J. Sand PSPublic · Elementary · JK-8 · 0.6 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$16,303/mo
$655KIncome needed
5.5×Price ÷ income
$3,762Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

94%mortgage
Mortgage $16,303Property tax $1,063Total carry $17,366

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,271per month

Mortgage amount $2,861,600 · 4.14% over 25 years

$715,400Down payment (20.0%)
$2,861,600Loan before insurance
$0CMHC premium
$16,334Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,271
Property tax
$1,063
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,334

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$75,900
Estimated closing costs
$75,900

Plus your down payment of $715,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,548/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,719,568Total interest paid
$4,581,168Total of all payments
Principal $2,861,600 Interest $1,719,568
YearPrincipalInterestBalance
1$67,037$116,209$2,794,563
2$69,841$113,405$2,724,721
3$72,763$110,484$2,651,958
4$75,806$107,440$2,576,152
5$78,977$104,269$2,497,175
6$82,281$100,966$2,414,894
7$85,722$97,524$2,329,171
8$89,308$93,939$2,239,863
9$93,044$90,203$2,146,820
10$96,936$86,311$2,049,884
11$100,990$82,256$1,948,894
12$105,215$78,032$1,843,679
13$109,616$73,631$1,734,064
14$114,201$69,046$1,619,863
15$118,977$64,269$1,500,886
16$123,954$59,293$1,376,932
17$129,139$54,108$1,247,793
18$134,541$48,706$1,113,252
19$140,168$43,079$973,084
20$146,031$37,216$827,053
21$152,139$31,107$674,913
22$158,503$24,744$516,410
23$165,133$18,114$351,277
24$172,040$11,206$179,237
25$179,237$4,010$0

At the end of your 5-year term

Total paid over the term
$916,234
Principal paid down
$364,425
Interest paid
$551,808
Balance remaining
$2,497,175

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
1.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.5%
Gross yield
− Property tax $12,758− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,340

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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