41 Sprucewood Drive, Markham, ON
Grandview, Markham · MLS® N13471552
About this home
Introducing Markham's premier gated dual-residence estate, set on a spectacular 80 x 200 ft ravine lot. This architectural masterpiece offers over 7,000 sq.ft. of luxurious living space, parking for 10 vehicles, and a rare blend of privacy, flexibility, and sophistication. The resort-inspired backyard features a sparkling pool overlooking the tranquil ravine, creating an exceptional setting for relaxation and entertaining. Designed for seamless multigenerational living, the home offers two fully integrated yet private residences with separate entrances. The main level showcases an open-concept layout with a finished lower level complete with kitchenette, full bath, storage, and separate entry. The upper residence features a grand chef's kitchen, elegant living spaces, 3 spacious bedrooms, 2.5 baths, skylights, and a large private balcony with ravine views. Throughout, enjoy 10-ft ceilings, floor-to-ceiling windows, designer lighting, premium integrated appliances, bespoke cabinetry, and elevator rough-in. A truly exceptional offering..
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13471552
- Bedrooms
- 7 (6 + 1)
- Bathrooms
- 7 (2 half)
- Size
- 5,000 sq ft
- Lot
- 80 × 200 ft
- Cross streets
- Bayview and Steeles
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $19,025 / 2026
- Days on market
- 27
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
wet bar · pot lights
hardwood floor · 5 pc ensuite · walk-in closet(s)
wet bar · pot lights
hardwood floor · stainless steel appl · eat-in kitchen
hardwood floor · stainless steel appl · quartz counter
hardwood floor · pot lights · w/o to deck
hardwood floor · b/i closet · picture window
hardwood floor · pot lights · w/o to balcony
hardwood floor · pot lights · open concept
hardwood floor · b/i closet · picture window
hardwood floor · double closet · picture window
hardwood floor · window floor to ceiling · open concept
hardwood floor · double closet · picture window
hardwood floor · 5 pc ensuite · walk-in closet(s)
Listed at $3,998,000, 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.73M, lower than the comparables and worth a second look. 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 $3.49M
- Bedrooms +$30K
- Adjusts to $3.52M
That comparable adjusts to $3.52M; the $5.47M estimate above is the median of all 5 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. Bayview Av / Proctor Av is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $5.47M, median of 5 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Worth verifying
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 27% below the area average of $1,097/sqft.
23 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Grandview, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Bayview Av / Proctor Av, about 251 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 $3,198,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,068
- Property tax
- $1,585
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,653
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,425
- Estimated closing costs
- $86,425
Plus your down payment of $799,600. 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
- $1,024,071
- Principal paid down
- $407,317
- Interest paid
- $616,754
- Balance remaining
- $2,791,083
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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.