49 Apple Orchard Path, Markham, ON

Royal Orchard, Markham · MLS® N13241672

$1,728,000
For Sale
Listed 43 days ago
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4Bedrooms
3Bathrooms
2Garage · 8 parking
2000-2500Sq Ft

About this home

* Premium Location Backing to Golf Course & Open Greenery * Rarely Offered Property on the most Exclusive Street in the Royal Orchard Area of Thornhill * Beautifully Maintained home w/Artisanal Details & Expansive Main Floor Living w/Rare Open & Unique Layout * Large Lot & South Facing Backyard Oasis w/full Landscaping , Gardens & Tall Mature Trees * Open Concept Living * Sunken Family Room * Large Living & Dining Viewing Beautiful Front Porch through Bay Window * Large Bedroom on Main (which can be used as a Guest/Nanny Suite , Office , or Master Bedroom * Full Hardware on Main * Upgraded Kitchen & Main Bath * Stone Floors on Kitchen w/Granite Counter Tops * Brand New S/S Appliances * Finished Basement w/Kitchenette (can be easily made into full Kitchen) & Unique Brick & Wood Detailing & Display Fireplace * Large Master Bedroom on Second Floor overlooking Golf course w/Double Closets & Ensuite * 2 Side Entrances & Landscaped Side Yard w/access to Kitchen * Additional Storage in crawl area * Excellent Schooling , Golf Course , Community Centres & Close to Yonge , Bayview, Shopping, Transit (Future TTC Metro line also) & More * Must See !! *

Key facts

Property type
Detached, Backsplit 4
MLS®
N13241672
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500
Lot
55 × 110 ft
Cross streets
Yonge & Royal Orchard
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,000 / 2026
Days on market
43
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomMain5.70 × 3.60 m

hardwood floor · bay window · combined w/dining

KitchenMain5.50 × 4.50 m

open concept · granite counters · w/o to patio

Dining RoomMain3.80 × 2.80 m

hardwood floor · walk through · large window

Family RoomMain6.71 × 4.50 m

hardwood floor · w/o to yard · overlook golf course

RecreationLower7.52 × 6.50 m

broadloom · wet bar · finished

BedroomMain4.50 × 4.00 m

hardwood floor · overlooks backyard · b/i closet

Primary BedroomUpper4.82 × 4.06 m

broadloom · ensuite bath · double closet

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.88Mest. value

Listed at $1,728,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $1.68M, 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 $1.69M
  • Bedrooms −$30K
  • Bathrooms −$30K
  • Adjusts to $1.63M

That comparable adjusts to $1.63M; the $1.88M 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.

Its public catchment (Baythorn PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Royal Orchard Blvd / Bay Thorn Dr is about a 3-minute walk away.

List price
$1.60MGreat deal$2.01MOverpriced

Total price vs nearby homes. Fair value about $1.88M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Royal Orchard · asking prices
$1.57Mavg asking

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

36 Jondan Crescent$1.39M37 Fleance Drive$1.45M9 Glamis Place$1.20M198 Romfield Circuit$1.70M280 Henderson Avenue$2.10M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.73MThis home1.39M1.45M1.20M1.70M2.10MThis home vs active comparables
Live market pulseActive comparables in Royal Orchard · median list $1.45M
$768this home / sqft
13active listings nearby
43days on market

This home lists 7% below the area average of $829/sqft.

39 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

Royal Orchard, 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

67/ 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: Royal Orchard Blvd / Bay Thorn Dr, about 206 m away

20+ transit stops3 grocery20+ dining20+ parks13 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.

Thornlea
$1.94M
Buttonville
$1.69M
Unionville
$2.16M
Victoria Manor-Jennings Gate
$2.17M
Devil's Elbow
$2.09M

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 Baythorn PS
82%
Baythorn PSPublic · Elementary · JK-8 · 0.6 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$7,876/mo
$324KIncome needed
5.3×Price ÷ income
$1,817Weekly 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 $7,876Property tax $667Total carry $8,542

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)
$7,377per month

Mortgage amount $1,382,400 · 4.14% over 25 years

$345,600Down payment (20.0%)
$1,382,400Loan before insurance
$0CMHC premium
$8,044Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,377
Property tax
$667
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,044

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

One-time closing costs

Ontario land transfer tax
$31,035
Estimated closing costs
$31,035

Plus your down payment of $345,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,960/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

$830,700Total interest paid
$2,213,100Total of all payments
Principal $1,382,400 Interest $830,700
YearPrincipalInterestBalance
1$32,385$56,139$1,350,015
2$33,739$54,785$1,316,276
3$35,151$53,373$1,281,125
4$36,621$51,903$1,244,504
5$38,153$50,371$1,206,351
6$39,749$48,775$1,166,602
7$41,411$47,113$1,125,191
8$43,144$45,380$1,082,047
9$44,948$43,576$1,037,099
10$46,828$41,696$990,271
11$48,787$39,737$941,484
12$50,828$37,696$890,656
13$52,954$35,570$837,703
14$55,169$33,355$782,534
15$57,476$31,048$725,057
16$59,881$28,643$665,177
17$62,385$26,139$602,792
18$64,995$23,529$537,797
19$67,713$20,811$470,084
20$70,546$17,978$399,538
21$73,496$15,027$326,041
22$76,571$11,953$249,471
23$79,774$8,750$169,697
24$83,110$5,414$86,587
25$86,587$1,937$0

At the end of your 5-year term

Total paid over the term
$442,620
Principal paid down
$176,049
Interest paid
$266,571
Balance remaining
$1,206,351

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$4,200/mo
$50,400Gross annual rent
2.1%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.

2.9%
Gross yield
− Property tax $8,000− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,456

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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