133 Romfield Circuit, Markham, ON

Royal Orchard, Markham · MLS® N13513824

$1,249,888
For Sale
Listed 15 days ago
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5Bedrooms
4Bathrooms
1Garage · 5 parking
1100-1500Sq Ft

About this home

Rare find in Thornhill's coveted Bayview/Romfield pocket - an extra-deep 175 ft lot with a move-in-ready bungalow that checks every box! Step inside to fresh paint and new pot lights throughout the open-concept living and dining area, where hardwood floors and abundant natural light set the tone. The eat-in kitchen offers granite counters and a breakfast bar, ready for your morning routine. Retreat to the primary bedroom with walk-out deck access to your own private backyard oasis, featuring a spacious deck built around a hot tub, tucked among mature trees for total privacy - the perfect spot to unwind after a long day, any time of year. Downstairs, the finished walk-out basement is a genuine bonus: newly finished vinyl flooring, a second kitchen, two additional bedrooms, and a fireplace-warmed family room with walk-out to the patio and a separate side entrance, ideal for in-laws, extended family, or income potential. Upgraded bathrooms complete the package. All this steps from top schools, shops, transit, and highways 404 and 407.

Key facts

Property type
Detached, Bungalow
MLS®
N13513824
Bedrooms
5 (3 + 2)
Bathrooms
4 (1 half)
Size
1100-1500
Lot
45 × 175 ft
Cross streets
Bayview & Romfield
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,043 / 2025
Days on market
15
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Bedroom 3Main3.49 × 2.93 m

hardwood floor · large closet

Family RoomBasement8.60 × 4.23 m

w/o to patio · fireplace · vinyl floor

Primary BedroomMain4.60 × 4.95 m

hardwood floor · w/o to deck · 4 pc bath

Dining RoomMain6.40 × 4.85 m

hardwood floor · combined w/living

KitchenBasement5.39 × 2.77 m

Granite Counters

Bedroom 2Main3.92 × 2.96 m

hardwood floor · w/o to deck · large closet

Bedroom 4Basement3.44 × 2.39 m

Above Grade Window

Bedroom 5Basement3.45 × 3.04 m
Living RoomMain6.40 × 4.85 m

hardwood floor · overlooks frontyard · combined w/dining

Furnace RoomBasement3.45 × 3.05 m

Combined w/Laundry

KitchenMain5.27 × 3.73 m

ceramic floor · granite counters · breakfast bar

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.03Mest. value

Listed at $1,249,888, 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 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.29M, higher 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 $1.20M
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $1.26M

That comparable adjusts to $1.26M; the $1.03M estimate above is the median of all 14 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 Thornlea SS, 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. Royal Orchard Blvd / Kirk Dr is about a 8-minute walk away.

List price
$867KGreat deal$1.26MOverpriced

Total price vs nearby homes. Fair value about $1.03M, median of 14 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Income potential
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Royal Orchard · asking prices
$1.34Mavg asking

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

198 Romfield Circuit$1.70M9 Glamis Place$1.20M117 Romfield Circuit$1.24M35 Royal Orchard Boulevard$1.20M44 Baymark Road$1.39M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.25MThis home1.70M1.20M1.24M1.20M1.39MThis home vs active comparables
Live market pulseActive comparables in Royal Orchard · median list $1.69M
$961this home / sqft
15active listings nearby
15days on market

This home lists 21% above the area average of $797/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

Royal Orchard, 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: Royal Orchard Blvd / Kirk Dr, about 633 m away

20+ transit stops4 grocery20+ dining17 parks9 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
Buttonville
$1.69M
Victoria Manor-Jennings Gate
$2.17M
Unionville
$2.16M
Devil's Elbow
$2.09M

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 Thornlea SS
84%
Thornlea SSPublic · Secondary · 9-12 · 0.9 km awayHigher-rated than most nearby · 84% meet the provincial standard
Stornoway Crescent PSEQAO results not published

Affordability & Mortgage

Affordability
$5,697/mo
$236KIncome needed
5.3×Price ÷ income
$1,315Weekly 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 $5,697Property tax $504Total carry $6,200

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%
$
%
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)
$5,336per month

Mortgage amount $999,910 · 4.14% over 25 years

$249,978Down payment (20.0%)
$999,910Loan before insurance
$0CMHC premium
$5,839Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,336
Property tax
$504
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,839

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

One-time closing costs

Ontario land transfer tax
$21,473
Estimated closing costs
$21,473

Plus your down payment of $249,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,481/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

$600,858Total interest paid
$1,600,768Total of all payments
Principal $999,910 Interest $600,858
YearPrincipalInterestBalance
1$23,424$40,606$976,486
2$24,404$39,626$952,082
3$25,425$38,606$926,657
4$26,489$37,542$900,168
5$27,597$36,434$872,572
6$28,751$35,280$843,821
7$29,953$34,077$813,867
8$31,206$32,824$782,661
9$32,512$31,519$750,149
10$33,872$30,159$716,278
11$35,288$28,742$680,989
12$36,764$27,266$644,225
13$38,302$25,728$605,923
14$39,904$24,126$566,018
15$41,574$22,457$524,445
16$43,312$20,718$481,132
17$45,124$18,907$436,008
18$47,012$17,019$388,997
19$48,978$15,053$340,018
20$51,027$13,004$288,992
21$53,161$10,870$235,831
22$55,385$8,646$180,446
23$57,701$6,329$122,744
24$60,115$3,916$62,629
25$62,629$1,401$0

At the end of your 5-year term

Total paid over the term
$320,154
Principal paid down
$127,339
Interest paid
$192,815
Balance remaining
$872,572

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$2,300/mo
$27,600Gross annual rent
1.4%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.

2.2%
Gross yield
− Property tax $6,043− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,121

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

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