57 Laureleaf Road, Markham, ON

Bayview Glen, Markham · MLS® N12930892

$2,460,000
For Sale
Listed 112 days ago
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5Bedrooms
4Bathrooms
2Garage · 8 parking
3500-5000Sq Ft

About this home

Rare Opportunity! Approximately 4013 Above Grade Sqft Home Suited On 16167 Sqft Huge Lot Waiting For You To Build, Renovate Or Live In Prestige Bayview Glen Neighborhood! Surrounded By Multi Million Dollar Homes! Next To Bayview Golf & Country Club(One Of Canada's Top 100 Golf Course) , Top Schools And All Amenities! Quick Access To 407/404 **EXTRAS** All Electric Light Fixtures, Window coverings, Existing Appliances, All "As Is"

Key facts

Property type
Detached, 2-Storey
MLS®
N12930892
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3500-5000
Lot
106.04 × 150 ft
Cross streets
Bayview/Steels
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,952 / 2025
Days on market
112
Listing brokerage
PRESTIGIUM REAL ESTATE LTD.

Rooms

LibraryGround13.98 × 12.99 m

hardwood floor · b/i bookcase

Dining RoomGround21.98 × 9.84 m

hardwood floor · mirrored walls · moulded ceiling

Bedroom 4Second13.98 × 10.99 m

Double Closet

Bedroom 2Second13.98 × 10.99 m

Large Closet

Living RoomGround30.02 × 11.98 m

hardwood floor · mirrored walls · moulded ceiling

Primary BedroomSecond21.98 × 16.99 m

combined w/sitting · 4 pc ensuite · walk-in closet(s)

Family RoomGround26.90 × 19.00 m

cathedral ceiling(s) · fireplace · greenhouse window

KitchenGround16.99 × 11.98 m

ceramic floor · pantry

Bedroom 3Second13.98 × 11.98 m

Double Closet

Moe’s TakeTeam Asgarian · Broker
In line
$2.44Mest. value

Listed at $2,460,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Bayview Glen, so I widened the search to the surrounding area.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.43M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2.45M
  • Bathrooms −$15K
  • Adjusts to $2.44M

That comparable adjusts to $2.44M; the $2.44M estimate above is the median of all 13 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Bayview Glen PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. John St Stop # 1055 is about a 9-minute walk away.

List price
$2.10MGreat deal$2.97MOverpriced

Total price vs nearby homes. Fair value about $2.44M, median of 13 comparables.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$2.64Mavg asking

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

68 Aitken Circle$2.45M5 Mead Terrace$1.80M16 Bernadotte Drive$3.68M

The 3 closest active listings nearby.

See all comparable homes
2.46MThis home2.45M1.80M3.68MThis home vs active comparables
Live market pulseActive comparables in Bayview Glen · median list $4.39M
$579this home / sqft
14active listings nearby
112days on market

108 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

Bayview Glen, 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

65/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: John St Stop # 1055, about 683 m away

20+ transit stops2 grocery19 dining20+ parks7 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 Bayview Glen PS
86%
Bayview Glen PSPublic · Elementary · JK-6 · 0.4 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$11,212/mo
$458KIncome needed
5.4×Price ÷ income
$2,587Weekly 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.

92%mortgage
Mortgage $11,212Property tax $913Total carry $12,125

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)
$10,502per month

Mortgage amount $1,968,000 · 4.14% over 25 years

$492,000Down payment (20.0%)
$1,968,000Loan before insurance
$0CMHC premium
$11,415Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,502
Property tax
$913
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,415

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

One-time closing costs

Ontario land transfer tax
$47,975
Estimated closing costs
$47,975

Plus your down payment of $492,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,756/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

$1,182,594Total interest paid
$3,150,594Total of all payments
Principal $1,968,000 Interest $1,182,594
YearPrincipalInterestBalance
1$46,103$79,920$1,921,897
2$48,032$77,992$1,873,865
3$50,041$75,983$1,823,824
4$52,134$73,890$1,771,690
5$54,315$71,709$1,717,375
6$56,587$69,437$1,660,788
7$58,954$67,070$1,601,834
8$61,420$64,604$1,540,415
9$63,989$62,035$1,476,426
10$66,665$59,358$1,409,761
11$69,454$56,570$1,340,307
12$72,359$53,665$1,267,948
13$75,386$50,638$1,192,563
14$78,539$47,485$1,114,024
15$81,824$44,200$1,032,200
16$85,247$40,777$946,953
17$88,812$37,211$858,141
18$92,527$33,497$765,614
19$96,397$29,626$669,216
20$100,430$25,594$568,787
21$104,630$21,393$464,156
22$109,007$17,017$355,149
23$113,567$12,457$241,583
24$118,317$7,707$123,266
25$123,266$2,758$0

At the end of your 5-year term

Total paid over the term
$630,119
Principal paid down
$250,625
Interest paid
$379,493
Balance remaining
$1,717,375

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
2.7%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.

3.6%
Gross yield
− Property tax $10,952− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $66,146

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PRESTIGIUM REAL ESTATE LTD.. MLS®/PropTx.

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