22 Valloncliffe Road, Markham, ON
Bayview Glen, Markham · MLS® N12947266
About this home
A rare blend of luxury, functionality, and timeless elegance in the prestigious Bayview Glen community. Situated on an impressive 132-ft frontage with a private backyard retreat, this remarkable residence offers nearly 7,000 sq. ft. of total living space in one of Markham's most sought-after neighbourhoods, just minutes from the renowned Bayview Golf & Country Club and surrounded by newly built custom estates.Filled with natural light and finished in elegant neutral tones, the home offers exceptional comfort today while presenting outstanding potential for future customization or redevelopment in this highly desirable area.Thoughtfully designed for both everyday living and refined entertaining, the main level features 9-ft ceilings and spacious principal rooms throughout. The chef-inspired kitchen is equipped with premium Wolf and Sub-Zero appliances, a walk-in pantry, and a bright breakfast area that opens to the generous family room. Additional highlights include a formal living room, dining room with gas fireplace, private library, two powder rooms, and a large mudroom with ample storage.The upper level features five well-appointed bedrooms, including a luxurious primary suite complete with a gas fireplace, two walk-in closets, and a spa-inspired 7-piece ensuite. The remaining bedrooms offer ensuite or semi-ensuite access, providing comfort and privacy for family and guests.The fully finished lower level offers more than 1,800 sq. ft. with 9-ft ceilings, a walk-up to the backyard, a spacious recreation room with gas fireplace, a gym area with spa amenities including a hot tub, sauna, and shower/changing room, plus a kitchenette, powder room, and guest bedroom with ensuite.outdoors, the resort-style backyard features a swimming pool with waterfall, built-in hot tub, mature landscaping, and plenty of space for entertaining. Completing this exceptional property is a triple-car garage and both side and circular driveways accommodating parking for 12+ vehicl
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N12947266
- Bedrooms
- 5
- Bathrooms
- 7 (3 half)
- Size
- 5,000 sq ft
- Lot
- 132.39 × 188.58 ft
- Cross streets
- Bayview/Steeles
- Parking
- 3 garage · 15 parking (attached)
- Driveway
- Circular Drive
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $19,842 / 2025
- Days on market
- 107
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
double closet · 4 pc ensuite · parquet
hardwood floor · semi ensuite · double closet
broadloom · semi ensuite · double closet
hardwood floor · b/i bookcase · overlooks garden
marble floor · family size kitchen · w/o to garden
marble floor · granite counters · centre island
sauna · hot tub · 2 pc bath
hardwood floor · 7 pc ensuite · walk-in closet(s)
hardwood floor · b/i bookcase · french doors
hardwood floor · gas fireplace · w/o to garden
broadloom · semi ensuite · double closet
hardwood floor · b/i bookcase
w/o to garden · gas fireplace · sauna
hardwood floor · semi ensuite · double closet
Listed at $4,580,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.03M, a bit lower.
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 $4.30M
- Adjusts to $4.30M
That comparable adjusts to $4.30M; the $4.82M estimate above is the median of all 6 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. Steeles Ave East at Laureleaf Rd is about a 6-minute walk away.
Total price vs nearby homes. Fair value about $4.82M, median of 6 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Weigh carefully
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 23% below the area average of $1,187/sqft.
103 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
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.
Getting around
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: Steeles Ave East at Laureleaf Rd, about 457 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 $3,664,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $19,552
- Property tax
- $1,654
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $21,206
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $100,975
- Estimated closing costs
- $100,975
Plus your down payment of $916,000. 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
- $1,173,148
- Principal paid down
- $466,611
- Interest paid
- $706,537
- Balance remaining
- $3,197,389
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.