54 Highland Park Boulevard, Markham, ON

Grandview, Markham · MLS® N13412690

$1,248,000
For Sale
Listed 40 days ago
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3Bedrooms
2Bathrooms
1Garage · 4 parking
1100-1500Sq Ft

About this home

Nestled In One Of Thornhill's Most Prestigious And Established Enclaves, This Rare Opportunity On Highland Park Blvd Offers Endless Possibilities On A Spectacular 50 X 140 Ft Mature Lot Surrounded By Luxury Custom Homes. Lovingly Maintained By Long-Term Owners, This Charming Detached Home Exudes Warmth, Character And Pride Of Ownership While Offering Incredible Future Potential For End Users, Investors Or Builders Looking To Create A Dream Residence In A Highly Desirable Neighbourhood. The Property Features A Spacious Private Driveway, Detached Garage, Beautiful Mature Trees And Exceptional Backyard Privacy. The Existing Home Is Filled With Natural Light And Comfortable Living Spaces, While The True Showstopper Is The Resort-Style Backyard Oasis Complete With A Stunning Inground Pool, Expansive Decking, Lounge Areas And Exceptional Entertaining Space Perfect For Summer Gatherings Or Peaceful Relaxation. For Builders And Luxury Home Developers, The Value Here Is Exceptional - The Huge Existing Inground Pool And Backyard Layout Could Save Tens Of Thousands In Future Construction Costs While Creating The Ultimate Luxury Custom Home Experience. Located In The Heart Of Royal Orchard/Old Thornhill, Steps To Parks, Golf Courses, Top Ranked Schools, Shopping, Restaurants, Transit And Future Growth Opportunities. Minutes To Yonge Street, Highway 407, Finch Subway, Langstaff GO, Centerpoint Mall And The Upcoming Yonge North Subway Extension. Surrounded By Mature Tree-Lined Streets And Multi-Million Dollar Estate Homes, This Is A Location That Continues To Experience Strong Demand And Long-Term Value Growth. Whether You're Looking To Move In, Renovate, Invest Or Build New, This Property Offers Incredible Flexibility In One Of Markham's Most Coveted Communities. A Rare Chance To Secure A Premium Lot With Endless Potential In A Neighbourhood Undergoing Significant Luxury Transformation.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
N13412690
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500
Lot
50 × 140 ft
Cross streets
Yonge St/ Steeles Ave E
Parking
1 garage · 4 parking (detached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$7,444 / 2025
Days on market
40
Listing brokerage
RE/MAX HALLMARK MAXX & AFI GROUP REALTY

Rooms

Bedroom 3Main3.35 × 3.06 m

hardwood floor · closet · window

Living RoomMain8.86 × 3.49 m

hardwood floor · combined w/dining · open concept

LaundryBasement2.75 × 2.54 m

concrete floor · laundry sink · window

Bedroom 2Second3.62 × 2.82 m

hardwood floor · closet · window

RecreationBasement3.85 × 3.07 m

vinyl floor · window

SunroomMain5.44 × 1.86 m

stone floor · window floor to ceiling

Primary BedroomSecond3.84 × 2.70 m

hardwood floor · closet · window

Dining RoomMain8.86 × 3.49 m

hardwood floor · combined w/living · fireplace

KitchenMain3.38 × 2.97 m

parquet · w/o to patio · window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.17Mest. value

Listed at $1,248,000, 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 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 $1.27M, a close match. 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 $1.19M
  • Bedrooms −$30K
  • Adjusts to $1.16M

That comparable adjusts to $1.16M; the $1.17M 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.

Its public catchment (Henderson Avenue 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. Steeles Av / Willowdale Blvd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$759KGreat deal$1.55MOverpriced

Total price vs nearby homes. Fair value about $1.17M, 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.
  • 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Value driver
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Grandview · asking prices
$1.38Mavg asking

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

3 Henderson Avenue$1.55M79 Grandview Avenue$1.19M28 Almond Avenue$1.20M215 Grandview Avenue$1.60M

The 4 closest active listings nearby.

See all comparable homes
1.25MThis home1.55M1.19M1.20M1.60MThis home vs active comparables
Live market pulseActive comparables in Grandview · median list $1.60M
$960this home / sqft
8active listings nearby
40days on market

This home lists 20% below the area average of $1,200/sqft.

36 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

Grandview, 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

84/ 100

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: Steeles Av / Willowdale Blvd, about 134 m away

20+ transit stops5 grocery20+ dining20+ parks18 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.

Royal Orchard
$1.45M
Thornlea
$1.94M
Buttonville
$1.69M
Unionville
$2.16M
Milliken Mills East
$1.42M

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 Henderson Avenue PS
81%
Henderson Avenue PSPublic · Elementary · JK-8 · 0.8 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$5,688/mo
$240KIncome needed
5.2×Price ÷ income
$1,313Weekly 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.

90%mortgage
Mortgage $5,688Property tax $620Total carry $6,308

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%
$
%
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)
$5,328per month

Mortgage amount $998,400 · 4.14% over 25 years

$249,600Down payment (20.0%)
$998,400Loan before insurance
$0CMHC premium
$5,948Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,328
Property tax
$620
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,948

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

One-time closing costs

Ontario land transfer tax
$21,435
Estimated closing costs
$21,435

Plus your down payment of $249,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,471/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

$599,950Total interest paid
$1,598,350Total of all payments
Principal $998,400 Interest $599,950
YearPrincipalInterestBalance
1$23,389$40,545$975,011
2$24,367$39,567$950,644
3$25,387$38,547$925,257
4$26,449$37,485$898,808
5$27,555$36,379$871,254
6$28,707$35,227$842,546
7$29,908$34,026$812,638
8$31,159$32,775$781,479
9$32,463$31,471$749,016
10$33,820$30,114$715,196
11$35,235$28,699$679,961
12$36,709$27,225$643,252
13$38,244$25,690$605,007
14$39,844$24,090$565,163
15$41,511$22,423$523,653
16$43,247$20,687$480,406
17$45,056$18,878$435,350
18$46,941$16,993$388,409
19$48,904$15,030$339,505
20$50,950$12,984$288,555
21$53,081$10,853$235,474
22$55,301$8,633$180,173
23$57,614$6,320$122,559
24$60,024$3,910$62,535
25$62,535$1,399$0

At the end of your 5-year term

Total paid over the term
$319,670
Principal paid down
$127,146
Interest paid
$192,524
Balance remaining
$871,254

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$2,300/mo
$27,600Gross annual rent
1.3%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.

2.2%
Gross yield
− Property tax $7,444− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,720

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK MAXX & AFI GROUP REALTY. MLS®/PropTx.

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