164 Steeles Avenue, Markham, ON
Grandview, Markham · MLS® N13764198
About this home
In short
- Exceptional Opportunity at 164 Steeles Ave E.
- Improvements include updated electrical wiring, new 200-amp electrical service and panel, rough-in for an EV charger in the garage, updated plumbing, newer windows...
- Designed for maximum flexibility, the home features two full kitchens with new cabinetry and luxury appliances, two laundry areas, two gas fireplaces, generous closet...
- The finished walkout basement provides additional living space with income potential.
- Additional features include fully renovated bathrooms with glass shower enclosures, modern vanities and fixtures, rough-in for an outdoor natural gas BBQ, newly paved...
Exceptional Opportunity at 164 Steeles Ave E! Welcome to this renovated home situated on an impressive 52.5 x 125 ft lot with R4 zoning, wide frontage, abundant parking, and a 2-car garage. Offering more than 2,000 sq. ft. of finished living space, including the basement, this property combines move-in-ready comfort, exceptional flexibility, and outstanding future potential. Ideally located along the rapidly evolving Steeles Avenue corridor, surrounded by major development activity and just minutes from Yonge & Steeles. The future Steeles Station of the Yonge North Subway Extension is underway, while higher-density development planned throughout the surrounding area further enhances the property's long-term appeal and potential. The home has been extensively upgraded, with virtually everything completed within the last three years. Improvements include updated electrical wiring, new 200-amp electrical service and panel, rough-in for an EV charger in the garage, updated plumbing, newer windows, newer furnace and heat pump, New attic insulation, LED pot lights throughout, hardwood flooring, newer doors, modern stairs and railings, and contemporary finishes throughout. Designed for maximum flexibility, the home features two full kitchens with new cabinetry and luxury appliances, two laundry areas, two gas fireplaces, generous closet space, and a beautifully finished basement with elegant porcelain tile flooring. The finished walkout basement provides additional living space with income potential. Additional features include fully renovated bathrooms with glass shower enclosures, modern vanities and fixtures, rough-in for an outdoor natural gas BBQ, newly paved exterior. Don't Miss the opportunity, Show with Confidence.
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- N13764198
- Bedrooms
- 3+3 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 52.55 × 125.14 ft
- Cross streets
- Yonge street/ Steeles Ave E
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,612 / 2025
- Days on market
- 39
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Rooms
hardwood floor · large window · overlooks backyard
porcelain floor · open concept · stainless steel appl
hardwood floor · large window · large closet
open concept · porcelain floor · large window
hardwood floor · large closet · large window
porcelain floor · gas fireplace · b/i bookcase
hardwood floor · combined w/living · pot lights
hardwood floor · 3 pc ensuite · large window
hardwood floor · large window · overlooks backyard
hardwood floor · overlooks frontyard · large window
hardwood floor · sliding doors · walk-out
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price read
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $1,064/sqft; this home lists at $857/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Grandview, Markham, ON
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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.
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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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,199,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,631
- Property tax
- $634
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,265
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Estimated closing costs
- $26,455
Plus your down payment of $299,800. 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
- $397,835
- Principal paid down
- $146,520
- Interest paid
- $251,315
- Balance remaining
- $1,052,680
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 HOMELIFE/BAYVIEW REALTY INC.. MLS®/PropTx.