10 Cherry Blossom Lane, Markham, ON
Royal Orchard, Markham · MLS® N13457486
About this home
In short
- Stunning 4+1 Bedroom, 5 Bathroom Detached Home on a Premium Lot.
- The open-concept layout, enhanced by large windows, fills the space with natural light and creates a warm, inviting atmosphere throughout.
- The finished basement with a separate entrance adds valuable extra living space and privacy, perfect for extended family, guests, or a home office.
- Step outside to your private backyard oasis, complete with a stone patio, lush manicured landscaping, and a full in-ground sprinkler system, perfect for entertaining...
- All of this is just steps from Toronto Ladies Golf Club, Thornhill Golf & Country Club, parks, top-rated schools, Yonge Street, Hwy 7, Hwy 407,shops, restaurants, and...
Stunning 4+1 Bedroom, 5 Bathroom Detached Home on a Premium Lot! Located in a quiet residential neighbourhood that's close to the city but offers a serene, country-like feel, this beautifully upgraded and meticulously maintained family home is the perfect blend of comfort and convenience. The home features a spacious eat-in kitchen with an island, breakfast area, quartz countertop, and plenty of pot lights. The open-concept layout, enhanced by large windows, fills the space with natural light and creates a warm, inviting atmosphere throughout. Generous principal rooms are ideal for both everyday living and entertaining. The finished basement with a separate entrance adds valuable extra living space and privacy, perfect for extended family, guests, or a home office. Step outside to your private backyard oasis, complete with a stone patio, lush manicured landscaping, and a full in-ground sprinkler system, perfect for entertaining or peaceful relaxation. All of this is just steps from Toronto Ladies Golf Club, Thornhill Golf & Country Club, parks, top-rated schools, Yonge Street, Hwy 7, Hwy 407,shops, restaurants, and more!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13457486
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (2 half)
- Size
- 2000-2500 sq ft
- Lot
- 42.84 × 110 ft
- Cross streets
- Yonge/Royal Orchard
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Separate Entrance, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block, Brick, Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,794 / 2025
- Days on market
- 121
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
closet · window · hardwood floor
closet · window · hardwood floor
4 pc ensuite · walk-in closet(s) · hardwood floor
closet · window · hardwood floor
combined w/dining · pot lights · hardwood floor
w/o to yard · pot lights · hardwood floor
stainless steel appl · vinyl floor · open concept
vinyl floor · closet
vinyl floor · window
w/o to yard · combined w/living · hardwood floor
stainless steel appl · backsplash · centre island
Listed at $1,888,888. Going by how homes in Royal Orchard and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.85M, if it sells. A realistic range is $1.73M to $2.08M.
Independent value check: $1.62M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $1.51M and $1.69M).
Why $1.62M. The typical detached home sold in Royal Orchard over the past year went for about $1.33M (45 sales). What sets this one apart:
- ▲ Raises it4+1 bedrooms and 5 baths, against 4+1 and 3 typically.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,794 a year; the typical home sold here pays about $6,500.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightlyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
Longer on the market than typical. 121 days on the market against about 29 for homes like it here, and asking 17% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.85M, from 11 recent closings in this pocket.
The market behind the math:
About 1.6 months of inventory: 6 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $840/sqft against an area asking average of $759/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Royal Orchard basements rarely rent out (5 of 59 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.63M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can 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
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Based on 11 comparable homes that sold in Royal Orchard over the past two years, from 95 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $696/sqft; this home lists at $840/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
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.
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) →
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 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.
Mortgage amount $1,511,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,355
- Property tax
- $650
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,005
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,253
- Estimated closing costs
- $34,253
Plus your down payment of $377,778. 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
- $501,311
- Principal paid down
- $184,630
- Interest paid
- $316,682
- Balance remaining
- $1,326,481
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
About the suite: in Royal Orchard basements rarely rent out (5 of 59 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 23 whole-home leases in Royal Orchard signed at a median of $4,534 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,992. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.