215 Grandview Avenue, Markham, ON

Grandview, Markham · MLS® N13727438

$1,388,000
For Sale
Listed 49 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • A Fantastic Grandview Estate in Prime Thornhill Location on A Wide 60 Feet by 128 Feet Premium Lot.
  • 3 Bedrooms, 3 Full Bathrooms, Double Car Garages + A Finished Basement.
  • 3 Bedrooms and 2 Bathrooms in 2nd Floor, Master Retreat with 3-Pc Ensuite.
  • The Swimming Pool is a Bonus, but It's As Is.
  • Easy Access and Close Proximity to Ravine Trails, Centrepoint Shopping Mall, Bayview Golf and Country Club, and Highway 404.

A Fantastic Grandview Estate in Prime Thornhill Location on A Wide 60 Feet by 128 Feet Premium Lot! 3 Bedrooms, 3 Full Bathrooms, Double Car Garages + A Finished Basement. Updated Large Kitchen with a Breakfast Area W/O to Lovely Backyard Include a Large Deck with a Permanent Awning, Wrap Around Trees/Fences! Family Sized Living and Dining Room! Hardwood Floor Throughout Main and Second Floor (Kitchen Has Ceramic Flr and Basement Has Laminate Flr)! Comfortable Main Floor Laundry in a Separate Room with Direct Access to Garage and Backyard! 3 Bedrooms and 2 Bathrooms in 2nd Floor, Master Retreat with 3-Pc Ensuite! Lower Level with Large Recreation Room and A Common Room! The Swimming Pool is a Bonus, but It's As Is! Convenient Location >> Steps Away from TTC on Steeles Ave, Short Walk to Steeles Ave & Henderson High Ranked Public School, and Park! Easy Access and Close Proximity to Ravine Trails, Centrepoint Shopping Mall, Bayview Golf and Country Club, and Highway 404! Multiple Grocery Options Including Galleria, No Frills, and T&T Supermarket, and a Vibrant Selection of Diverse Restaurants along Yonge Street. Live in Unbeatable Luxury and Quiet Location next to Toronto and Enjoy the Added Benefit of No Double Land Transfer Tax!! **Exceptional Opportunity for Both Lifestyle and Value**

Key facts

Property type
Detached, 2-Storey
MLS®
N13727438
Bedrooms
3
Bathrooms
3
Size
1500-2000 sq ft
Lot
60 × 125 ft
Cross streets
YONGE ST / STEELS AVE / BAYVIEW AVE
Parking
2 garage · 6 parking (attached)
Driveway
Private, Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Outdoor, Inground
Property tax
$8,774 / 2025
Days on market
49
Listing brokerage
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Rooms

Bedroom 2Second4.35 × 4.00 m

4 pc bath · closet · hardwood floor

Living RoomMain5.58 × 3.92 m

fireplace · bow window · hardwood floor

Dining RoomMain4.00 × 3.11 m

hardwood floor · led lighting · crown moulding

Bedroom 3Second3.60 × 3.11 m

hardwood floor · closet · window

Common RoomBasement4.00 × 3.87 m

open concept · laminate · halogen lighting

RecreationBasement7.50 × 3.78 m

laminate · fireplace · led lighting

KitchenMain5.40 × 3.70 m

breakfast area · w/o to deck · ceramic floor

LaundryMain3.38 × 3.06 m

ceramic floor · w/o to yard · closet

Primary BedroomSecond3.83 × 3.26 m

4 pc bath · hardwood floor · walk-in closet(s)

Our TakeTeam Asgarian · Broker
Below what recent sales support
$1.59Mautomated estimate, from recent sales

Listed at $1,388,000, about 13% below our estimate of $1.59M (homes like it typically land between $1.49M and $1.67M).

Why $1.59M. The typical detached home sold in Grandview over the past year went for about $1.30M (31 sales). What sets this one apart:

  • ▼ Lowers it slightlyThe listing presents it as a home to renovate or rebuild.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $8,774 a year; the typical home sold here pays about $8,300.
List price
$1.39MBelow our range$1.67MAbove our range

Total price vs nearby homes. Fair value about $1.59M, learned from recent GTA sales.

The market behind the math:

49days on market so far
$4,378/moest. rent · 16 leases
3.8%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $793/sqft against an area asking average of $1,074/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.09M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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

Based on 20 comparable homes that sold in Grandview over the past two years, from 53 closings there.

What sellers nearby are askingCurrently listed nearby in Grandview · asking prices
$2.06Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.59M, which is where my estimate comes from.

Per square foot, these ask about $995/sqft; this home lists at $793/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.39MThis home1.84M2.40M2.99M999kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Grandview, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Royal Orchard
$2.77M
Aileen-Willowbrook
$1.47M
Cachet
$2.30M
Unionville
$2.16M
Milliken Mills East
$1.49M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$6,326/mo
$268KIncome needed
5.2×Price ÷ income
$1,460Weekly cost
$24,235Land transfer tax, one-time (Ontario)
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.

90%mortgage
Mortgage $6,326Property tax $731Total carry $7,057

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,140per month

Mortgage amount $1,110,400 · 4.49% over 25 years

$277,600Down payment (20.0%)
$1,110,400Loan before insurance
$0CMHC premium
$6,871Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,140
Property tax
$731
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,871

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

One-time closing costs

Ontario land transfer tax
$24,235
Estimated closing costs
$24,235

Plus your down payment of $277,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,431/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

$731,478Total interest paid
$1,841,878Total of all payments
Principal $1,110,400 Interest $731,478
YearPrincipalInterestBalance
1$24,779$48,896$1,085,621
2$25,904$47,771$1,059,716
3$27,081$46,594$1,032,635
4$28,310$45,365$1,004,325
5$29,596$44,079$974,730
6$30,939$42,736$943,790
7$32,344$41,331$911,446
8$33,813$39,862$877,633
9$35,348$38,327$842,285
10$36,953$36,722$805,333
11$38,631$35,044$766,702
12$40,385$33,290$726,317
13$42,218$31,457$684,099
14$44,135$29,540$639,964
15$46,139$27,536$593,825
16$48,234$25,441$545,591
17$50,424$23,251$495,167
18$52,713$20,962$442,453
19$55,107$18,568$387,346
20$57,609$16,066$329,737
21$60,225$13,450$269,513
22$62,959$10,716$206,554
23$65,818$7,857$140,736
24$68,806$4,869$71,930
25$71,930$1,745$0

At the end of your 5-year term

Total paid over the term
$368,376
Principal paid down
$135,670
Interest paid
$232,705
Balance remaining
$974,730

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
From 16 whole-home leases in Grandview$4,378/mo
$52,536Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,080 to $4,804Typical rent range
~17 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 16 whole-home leases in Grandview signed at a median of $3,962 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,378. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.8%
Gross yield
− Property tax $8,774− Insurance $1,400− Vacancy & upkeep $5,779Net operating income $36,583

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

CallRequest a showing