8 Granada Court, Markham, ON

German Mills, Markham · MLS® N13460410

$2,098,000
For Sale
Listed 29 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Rarely offered on a coveted cul-de-sac in prestigious German Mills, this beautifully renovated and meticulously maintained family home combines exceptional space, comfort, and location. Situated on a premium 51.25 x 122 ft lot, 8 Granada Court offers 4 bedrooms, 4 bathrooms, and the flexibility to easily convert back to a 5-bedroom layout, making it ideal for growing families. Nestled on one of the neighbourhood's most sought-after and peaceful courts, this home offers the privacy and safety that families value, with minimal traffic and a welcoming community atmosphere. The lush landscaped gardens, double-wide driveway, and double garage create outstanding curb appeal and a memorable first impression. Inside, spacious principal rooms are complemented by a desirable main floor family room and a stunning extended kitchen designed for everyday living and effortless entertaining. The oversized kitchen features a centre island, generous eat-in area, abundant cabinetry and extensive workspace, creating the perfect gathering place for family and friends. Meticulously cared, the home seamlessly blends functionality with style. The beautifully landscaped front and rear yards provide a private outdoor oasis surrounded by mature greenery, offering exceptional spaces for relaxation, entertaining, and family enjoyment. Located in the heart of highly desirable German Mills, residents enjoy easy access to parks, walking trails, recreation facilities, top-rated schools, shopping, transit, and major commuter routes. Nearby green spaces and parkland provide endless opportunities for outdoor activities while preserving the tranquil character that makes this neighbourhood so special. Opportunities to own on a quiet cul-de-sac in a well-established and family-friendly neighbourhood are few and far between. This exceptional home offers the perfect combination of location, lifestyle, and move-in-ready comfort, within a mature community known for its parks, amenities, and enduring appeal.

Key facts

Property type
Detached, 2-Storey
MLS®
N13460410
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
51.25 × 122 ft
Cross streets
Steeles Ave E & Don Mills Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$7,605 / 2025
Days on market
29
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Bedroom 3Second3.37 × 7.42 m

picture window · double closet · broadloom

LaundryMain2.30 × 2.45 m

porcelain floor · laundry sink · side door

Family RoomMain3.97 × 5.35 m

fireplace · w/o to garden · broadloom

BreakfastMain3.23 × 6.36 m

slate flooring · w/o to garden

Bedroom 2Second2.99 × 5.43 m

picture window · closet · broadloom

FoyerMain2.44 × 1.90 m

double doors · closet · porcelain floor

KitchenMain3.98 × 4.94 m

skylight · centre island · slate flooring

Primary BedroomSecond3.88 × 8.77 m

6 pc ensuite · walk-in closet(s) · broadloom

Bedroom 5Lower3.97 × 3.43 m

laminate · picture window · pot lights

Utility RoomLower3.97 × 2.60 m
Living RoomMain3.88 × 5.62 m

hardwood floor · picture window · crown moulding

Dining RoomMain3.88 × 3.71 m

hardwood floor · picture window · open concept

RecreationLower7.21 × 12.40 m

laminate · picture window · pot lights

Bedroom 4Second3.37 × 3.51 m

picture window · closet · broadloom

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.64Mest. value

Listed at $2,098,000, this home is about 28% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in German Mills, so I widened the search to the surrounding area.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.73M, 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 $2.10M
  • Adjusts to $2.10M

That comparable adjusts to $2.10M; the $1.64M estimate above is the median of all 12 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.

On schools, this address is zoned for German Mills PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Simonston Blvd / Thurgate Cres is about a 1-minute walk away.

List price
$1.38MGreat deal$2.10MOverpriced

Total price vs nearby homes. Fair value about $1.64M, median of 12 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.96Mavg asking

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

280 Henderson Avenue$2.10M35 Sir Constantine Drive$2.13M17 Black Cherry Drive$1.65M7 Normandale Road$2.35M19 Tomlinson Circle$1.59M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.10MThis home2.10M2.13M1.65M2.35M1.59MThis home vs active comparables
Live market pulseActive comparables in Markham · median list $1.50M
$763this home / sqft
65active listings nearby
29days on market

This home lists 22% above the area average of $625/sqft.

25 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

German Mills, 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

58/ 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: Simonston Blvd / Thurgate Cres, about 102 m away

20+ transit stops1 grocery20+ dining15 parks3 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
Royal Orchard
$1.45M
Buttonville
$1.69M
Milliken Mills East
$1.42M
Unionville
$2.16M

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 German Mills PS
88%
German Mills PSPublic · Elementary · JK-8 · 0.2 km awayHigher-rated than most nearby · 88% meet the provincial standard

Affordability & Mortgage

Affordability
$9,562/mo
$386KIncome needed
5.4×Price ÷ income
$2,207Weekly 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.

94%mortgage
Mortgage $9,562Property tax $634Total carry $10,196

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)
$8,957per month

Mortgage amount $1,678,400 · 4.14% over 25 years

$419,600Down payment (20.0%)
$1,678,400Loan before insurance
$0CMHC premium
$9,590Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,957
Property tax
$634
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,590

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

One-time closing costs

Ontario land transfer tax
$38,925
Estimated closing costs
$38,925

Plus your down payment of $419,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,879/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

$1,008,570Total interest paid
$2,686,970Total of all payments
Principal $1,678,400 Interest $1,008,570
YearPrincipalInterestBalance
1$39,319$68,160$1,639,081
2$40,964$66,515$1,598,117
3$42,677$64,802$1,555,440
4$44,462$63,016$1,510,978
5$46,322$61,157$1,464,655
6$48,260$59,219$1,416,396
7$50,278$57,200$1,366,117
8$52,381$55,097$1,313,736
9$54,572$52,906$1,259,163
10$56,855$50,624$1,202,308
11$59,233$48,245$1,143,075
12$61,711$45,768$1,081,364
13$64,292$43,187$1,017,072
14$66,981$40,497$950,090
15$69,783$37,696$880,307
16$72,702$34,777$807,605
17$75,743$31,736$731,862
18$78,911$28,567$652,950
19$82,212$25,267$570,738
20$85,651$21,828$485,087
21$89,234$18,245$395,854
22$92,966$14,513$302,888
23$96,855$10,624$206,033
24$100,906$6,573$105,127
25$105,127$2,352$0

At the end of your 5-year term

Total paid over the term
$537,394
Principal paid down
$213,745
Interest paid
$323,649
Balance remaining
$1,464,655

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$5,250/mo
$63,000Gross annual rent
2.2%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.

3.0%
Gross yield
− Property tax $7,605− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,065

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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