57 Laureleaf Road, Markham, ON
Bayview Glen, Markham · MLS® N12930892
About this home
In short
- 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.
- 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"
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
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000 sq ft
- 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
- 206
- Listing brokerage
- PRESTIGIUM REAL ESTATE LTD.
Rooms
hardwood floor · b/i bookcase
hardwood floor · mirrored walls · moulded ceiling
Double Closet
Large Closet
hardwood floor · mirrored walls · moulded ceiling
combined w/sitting · 4 pc ensuite · walk-in closet(s)
cathedral ceiling(s) · fireplace · greenhouse window
ceramic floor · pantry
Double Closet
Listed at $2,460,000, about 23% above our estimate of $2.00M (homes like it typically land between $1.87M and $2.09M).
Why $2.00M. The typical detached home sold in Bayview Glen over the past year went for about $2.67M (13 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $10,952 a year; the typical home sold here pays about $16,300.
- ▼ Lowers it slightly4+1 bedrooms and 4 baths, against 4+1 and 5 typically.
- ▼ Lowers it slightlyThe listing presents it as a home to renovate or rebuild.
Longer on the market than typical. 206 days on the market, and asking 23% above where comparable closings put it.
Total price vs nearby homes. Fair value about $2.00M, learned from recent GTA sales.
The market behind the math:
About 6.8 months of inventory: 9 detached homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $579/sqft against an area asking average of $1,212/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.18M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($579/sqft) is below the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Bayview Glen, so I widened the search to the surrounding area.
Based on 9 comparable homes that sold in Bayview Glen over the past two years, from 22 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.00M, which is where my estimate comes from.
Per square foot, these ask about $849/sqft; this home lists at $579/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
Neighbourhood & location
Bayview Glen, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,968,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,881
- Property tax
- $913
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,794
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
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
At the end of your 5-year term
- Total paid over the term
- $652,885
- Principal paid down
- $240,453
- Interest paid
- $412,431
- Balance remaining
- $1,727,547
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 9 whole-home leases in Bayview Glen signed at a median of $5,955 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,589. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PRESTIGIUM REAL ESTATE LTD.. MLS®/PropTx.