27 Laureleaf Road, Markham, ON

Bayview Glen, Markham · MLS® N13511850

$4,298,000
For Sale
Listed 15 days ago
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5Bedrooms
7Bathrooms
2Garage · 8 parking
5,000Sq Ft

About this home

A Splendor of modern elegance in prestigious Bayview Glen. 5,675 sq. ft. + 2,511 sq. ft. finished lower level. Modern, highly functional layout filled with Natural light. Grand private & gated entry with circular driveway and striking curb appeal. Soaring 11-ft ceilings on the main level and 9-ft ceilings on the second floor. Dramatic 20+-ft cathedral atrium flooding the home with sunlight. Oversized coffered family room with walk-out to a private pool-size backyard. Designer chef's kitchen with premium Miele appliances and extensive upgrades throughout. 4+1 spacious bedrooms, each with its own private ensuite. Luxurious primary retreat with spa-inspired 6-piece bath and separate his-and-hers walk-in closets. Spacious second-floor hall lounge ideal as a sitting area, study space, or children's play zone. Exceptional craftsmanship. Bright open living spaces designed for modern family living and elegant entertaining. Heated bathrooms Radiant heated floors tubing layed on the lower level- currently not connected. All features enhance this home's comfort, convenience, and modern sophistication. Huge private backyard with oversized Hot Tub/ Spa! Prime location steps to top-ranked schools, parks, shopping and everyday conveniences.

Key facts

Property type
Detached, 2-Storey
MLS®
N13511850
Bedrooms
5 (4 + 1)
Bathrooms
7 (2 half)
Size
5,000 sq ft
Lot
100 × 150 ft
Cross streets
Bayview / Steeles
Parking
2 garage · 8 parking (attached)
Driveway
Circular Drive
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Other
Property tax
$21,141 / 2025
Days on market
15
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 3Second4.22 × 3.99 m

3 pc ensuite · closet · hardwood floor

BedroomBasement6.25 × 4.02 m

3 Pc Ensuite

LibraryMain4.39 × 2.67 m

overlooks frontyard · open concept · hardwood floor

Primary BedroomSecond6.30 × 6.20 m

6 pc ensuite · his and hers closets · hardwood floor

Bedroom 2Second5.89 × 5.44 m

3 pc ensuite · closet · hardwood floor

KitchenMain5.59 × 4.93 m

centre island · quartz counter · stainless steel appl

Great RoomMain5.79 × 5.05 m

cathedral ceiling(s) · picture window · overlooks family

Game RoomBasement9.14 × 6.40 m
Family RoomMain9.14 × 3.96 m

coffered ceiling(s) · overlooks backyard · walk-out

Dining RoomMain6.10 × 4.01 m

overlooks frontyard · formal rm · hardwood floor

SittingSecond4.95 × 4.17 m

open concept · hardwood floor · open stairs

RecreationBasement6.10 × 5.49 m

2 Pc Bath

FoyerMain3.40 × 2.67 m
Bedroom 4Second5.61 × 4.04 m

4 pc ensuite · walk through · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$4.82Mest. value

Listed at $4,298,000, this home is about 11% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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 $4.42M, 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 $4.98M
  • Bedrooms −$30K
  • Adjusts to $4.95M

That comparable adjusts to $4.95M; the $4.82M 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.

On schools, this address is zoned for Bayview Glen 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. Steeles Ave East at Laureleaf Rd is about a 6-minute walk away.

List price
$4.30MGreat deal$5.24MOverpriced

Total price vs nearby homes. Fair value about $4.82M, 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Bayview Glen · asking prices
$4.57Mavg asking

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

22 Valloncliffe Road$4.58M21 Hammok Crescent$4.98M15 Daffodil Avenue$4.00M2 Spirea Court$5.29M6 Fairfield Place$4.00M

The 5 closest of 7 active listings nearby.

See all comparable homes
4.30MThis home4.58M4.98M4.00M5.29M4.00MThis home vs active comparables
Live market pulseActive comparables in Bayview Glen · median list $4.98M
$860this home / sqft
7active listings nearby
15days on market

This home lists 28% below the area average of $1,195/sqft.

11 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

Bayview Glen, 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

60/ 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: Steeles Ave East at Laureleaf Rd, about 477 m away

20+ transit stops1 grocery18 dining20+ parks6 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 Bayview Glen PS
86%
Bayview Glen PSPublic · Elementary · JK-6 · 0.4 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$19,589/mo
$804KIncome needed
5.3×Price ÷ income
$4,521Weekly 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.

92%mortgage
Mortgage $19,589Property tax $1,762Total carry $21,351

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)
$18,349per month

Mortgage amount $3,438,400 · 4.14% over 25 years

$859,600Down payment (20.0%)
$3,438,400Loan before insurance
$0CMHC premium
$20,110Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18,349
Property tax
$1,762
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,110

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

One-time closing costs

Ontario land transfer tax
$93,925
Estimated closing costs
$93,925

Plus your down payment of $859,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$22,286/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

$2,066,174Total interest paid
$5,504,574Total of all payments
Principal $3,438,400 Interest $2,066,174
YearPrincipalInterestBalance
1$80,550$139,633$3,357,850
2$83,919$136,264$3,273,931
3$87,429$132,754$3,186,502
4$91,086$129,097$3,095,415
5$94,896$125,287$3,000,519
6$98,866$121,317$2,901,653
7$103,001$117,182$2,798,652
8$107,310$112,873$2,691,343
9$111,798$108,385$2,579,544
10$116,474$103,708$2,463,070
11$121,346$98,837$2,341,723
12$126,422$93,761$2,215,301
13$131,710$88,473$2,083,591
14$137,219$82,963$1,946,372
15$142,959$77,224$1,803,412
16$148,939$71,244$1,654,474
17$155,169$65,014$1,499,305
18$161,659$58,524$1,337,646
19$168,421$51,762$1,169,224
20$175,466$44,717$993,758
21$182,806$37,377$810,953
22$190,452$29,731$620,501
23$198,418$21,765$422,082
24$206,718$13,465$215,365
25$215,365$4,818$0

At the end of your 5-year term

Total paid over the term
$1,100,915
Principal paid down
$437,881
Interest paid
$663,034
Balance remaining
$3,000,519

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$10,500/mo
$126,000Gross annual rent
2.1%Est. cap rate

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 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.

2.9%
Gross yield
− Property tax $21,141− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $89,599

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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