70 Royal Orchard Boulevard, Markham, ON
Royal Orchard, Markham · MLS® N13033408
About this home
Welcome to a beautifully upgraded family home in the highly desirable Royal Orchard community, where pride of ownership is evident throughout. This spacious residence offers 5 bedrooms on the upper level with 3 bathrooms (total of 5 bathrooms), including two bedrooms with private full ensuite baths, providing exceptional comfort and privacy for growing families. Designed with both functionality and lifestyle in mind, the home features generous principal rooms and a well-planned layout ideal for everyday living and entertaining. The separate entrance basement presents excellent potential for extended family use or future rental income, adding flexibility and long-term value. Recent upgrades include updated plumbing, electrical system, and a 200 Amp panel, offering peace of mind and reliability for years to come. Situated in one of Thornhill's most established and sought-after neighbourhoods, this home is located near the future Yonge North Subway Extension, including the planned Royal Orchard Station, a major infrastructure improvement expected to significantly enhance accessibility and property values. Families will appreciate access to top-rated schools such as Baythorn Public School, known for its strong academics and arts program, along with French immersion options including Woodland Public School, making this an ideal location for education-focused buyers. Surrounded by mature tree-lined streets and enriched by landmarks such as Heintzman House, the neighbourhood offers a unique blend of charm and community. With convenient access to Yonge Street, parks, shopping, and transit, and future growth potential. Seller may offer Vendor Take-Back (VTB)/Seller Take-Back (STB) or Seller Financing options to qualified buyers.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13033408
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 55 × 118 ft
- Cross streets
- Yonge/Royal Orchard
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Available
- Basement
- Apartment, Finished, Separate Entrance, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,562 / 2025
- Days on market
- 86
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Rooms
window · laminate · pot lights
window · laminate · pot lights
3 Pc Bath
window · laminate · pot lights
window · laminate · pot lights
4 Pc Ensuite
closet · laminate · pot lights
window · laminate · pot lights
closet · laminate · pot lights
window · laminate · pot lights
window · laminate · pot lights
closet · laminate · pot lights
window · laminate · pot lights
window · laminate · pot lights
closet · laminate · pot lights
2 Pc Bath
5 Pc Ensuite
3 Pc Bath
window · laminate · pot lights
Listed at $1,530,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Royal Orchard, so I widened the search to the surrounding area.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.33M, a bit lower. 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 $1.69M
- Bathrooms +$15K
- Adjusts to $1.70M
That comparable adjusts to $1.70M; the $1.70M estimate above is the median of all 8 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.
Its public catchment (Baythorn PS) 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. Royal Orchard Blvd / Bay Thorn Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.70M, median of 8 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Income potential
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 33% below the area average of $827/sqft.
82 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Royal Orchard, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Royal Orchard Blvd / Bay Thorn Dr, about 146 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 $1,224,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,532
- Property tax
- $547
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,079
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,075
- Estimated closing costs
- $27,075
Plus your down payment of $306,000. 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
- $391,903
- Principal paid down
- $155,877
- Interest paid
- $236,026
- Balance remaining
- $1,068,123
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 HOMELIFE/BAYVIEW REALTY INC.. MLS®/PropTx.