37 Fleance Drive, Markham, ON
Royal Orchard, Markham · MLS® N13549060
About this home
Welcome to this beautifully renovated 4-bedroom, 2-bathroom backsplit nestled on an exceptional 52 x 175 sq ft lot in one of Markham's most established and sought-after neighbourhoods. Offering approximately 1,800 sq. ft. of thoughtfully designed living space, this home combines timeless style, modern updates and an incredible backyard retreat perfect for family living and entertaining.The heart of the home is the stunning renovated kitchen featuring elegant quartz countertops, a large breakfast bar, stainless steel appliances and abundant cabinetry, creating a bright and functional space for everyday living and hosting family and friends. Hardwood flooring, large windows that fill the home with natural light, and California shutters throughout add warmth and sophistication to every room.The versatile backsplit layout provides spacious principal rooms, four bedrooms and two updated bathrooms, offering flexibility for growing families, work-from-home professionals or multi-generational living.Step outside to your private backyard oasis. The spectacular large heated inground pool has been extensively updated with a new liner, plumbing, pump, hardscaping and steps in 2025, plus a new heater in 2026, allowing you to enjoy summers with confidence. The expansive yard offers plenty of room for entertaining, outdoor dining, children's play areas and gardening.Located in the highly desirable Royal Orchard community, you'll enjoy mature tree-lined streets, outstanding schools, beautiful parks, golf courses, walking trails, community centres, shopping, restaurants and easy access to Highways 407, 404, GO Transit and York Region Transit, making commuting throughout the GTA effortless.This is more than a home-it's an opportunity to enjoy space, comfort, convenience and an exceptional lifestyle in one of Markham's most desirable family neighbourhoods.
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- N13549060
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 52.1 × 175.87 ft
- Cross streets
- Bayview Avenue and Hwy 407
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $7,742 / 2026
- Days on market
- 7
- Listing brokerage
- Coldwell Banker Elevate Realty
Rooms
hardwood floor · b/i closet · california shutters
hardwood floor · california shutters
updated · 4 pc bath
updated · 3 pc bath
hardwood floor · combined w/living
updated · quartz counter · breakfast bar
hardwood floor · california shutters
gas fireplace · b/i bar · broadloom
bay window · hardwood floor · california shutters
hardwood floor · large window · california shutters
Listed at $1,448,000, 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 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.65M, higher than the comparables and worth a second look.
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 −$15K
- Adjusts to $1.15M
That comparable adjusts to $1.15M; the $1.32M estimate above is the median of all 13 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. Bayview Av / Dunsinane Dr is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.32M, median of 13 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- 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 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 0% above the area average of $824/sqft.
3 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: Bayview Av / Dunsinane Dr, about 51 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
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 $1,158,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,182
- Property tax
- $645
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,827
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,435
- Estimated closing costs
- $25,435
Plus your down payment of $289,600. 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
- $370,899
- Principal paid down
- $147,523
- Interest paid
- $223,377
- Balance remaining
- $1,010,877
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
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 Coldwell Banker Elevate Realty. MLS®/PropTx.