10 Cherry Blossom Lane, Markham, ON
Royal Orchard, Markham · MLS® N13457486
About this home
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
- 5 (4 + 1)
- Bathrooms
- 5 (2 half)
- Size
- 2000-2500
- 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
- 30
- 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 $1,688,888, this home is right in line with comparable homes. 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 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 $1.72M, a close match.
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 $2.00M
- Bathrooms +$15K
- Adjusts to $2.01M
That comparable adjusts to $2.01M; the $1.61M 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 (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 2-minute walk away.
Total price vs nearby homes. Fair value about $1.61M, 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Income potential
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 4% below the area average of $783/sqft.
26 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
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 122 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 $1,351,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,210
- Property tax
- $650
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,860
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,253
- Estimated closing costs
- $30,253
Plus your down payment of $337,778. 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
- $432,602
- Principal paid down
- $172,064
- Interest paid
- $260,537
- Balance remaining
- $1,179,046
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 CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.