48 Lambert Road, Markham, ON
Thornlea, Markham · MLS® N12938626
About this home
Rarely offered park-backing detached residence tucked away on a quiet cul-de-sac in one of Thornlea / Bayview Glen's most coveted enclaves. Set on a premium, private lot with unobstructed green views, this beautifully upgraded home delivers a refined balance of elegance, comfort, and privacy.The main level offers gracious principal rooms with hardwood flooring, pot lights, and a warm family space with fireplace. The thoughtfully updated kitchen features stainless steel appliances, breakfast bar, and walk-out to a deck overlooking the tranquil park setting-ideal for seamless indoor-outdoor living.The upper level hosts four well-proportioned bedrooms, highlighted by a serene primary retreat with walk-in closet and ensuite. A professionally finished lower level provides additional living space with bedroom, full bath, and expansive recreation area-ideal for guests or extended family.Extensively maintained with key mechanical updates. Ideally positioned near top-tier schools, major highways, transit, and everyday amenities. A truly exclusive offering combining location, privacy, and long-term value in one of York Region's most prestigious school districts.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N12938626
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 49.21 × 114.83 ft
- Cross streets
- Highway 407 & Leslie st
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $9,069 / 2025
- Days on market
- 108
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
hardwood floor · fireplace · pot lights
Laundry Sink
w/o to deck · window
hardwood floor · window · combined w/dining
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · closet · window
hardwood floor · window · combined w/living
hardwood floor · closet · window
stainless steel appl · breakfast bar
3 pc bath · pot lights
hardwood floor · closet · window
Pot Lights
We are proud to represent this home. Our team handles every detail, the marketing, the staging, and the showings. The best way to feel what makes it special is in person, so book a private showing and I will walk you through it myself.
Highlights
- Primary suite
- Hardwood floors
Neighbourhood & location
Thornlea, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Willowbrook Rd / Innisbrook Cres, about 340 m away
Within a 15-minute (1.5 km) walk.
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) →
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.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,516,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,090
- Property tax
- $756
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,846
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,375
- Estimated closing costs
- $34,375
Plus your down payment of $379,000. 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
- $485,396
- Principal paid down
- $193,063
- Interest paid
- $292,333
- Balance remaining
- $1,322,937
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listed & marketed by Team Asgarian. MLS®/PropTx.