14 Apple Orchard Path, Markham, ON

Royal Orchard, Markham · MLS® N13792616

$1,398,000
For Sale
Listed 30 days agoNo offer date stated
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4Bedrooms
3Bathrooms
1Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • First Time On The Market.
  • Spacious & bright, the immaculate main floor offers separate formal living and dining rooms, an open concept eat in kitchen with gas fireplace & impressive great room...
  • The upper level boasts generous sized bedrooms & ample closet space including a large primary bedroom with an ensuite and walk-in closet. Hardwood floor underneath...
  • Close to top Schools, Parks, Nature Trails, Shopping, Transit (including future Royal Orchard Subway Stop) Minutes to Hwys 407 & 404, 3 Golf Courses & active...

First Time On The Market! Welcome to this beautifully maintained & lovingly cared for 4 bedroom, 3 bathroom, 2 storey family home nestled on coveted Apple Orchard Path, the renowned tree lined, premium street of the Royal Orchard Community! Spacious & bright, the immaculate main floor offers separate formal living and dining rooms, an open concept eat in kitchen with gas fireplace & impressive great room addition with gorgeous windows, built-in shelving & a walk out to a large patio. This level also offers a handy side door to the patio and convenient laundry room. The upper level boasts generous sized bedrooms & ample closet space including a large primary bedroom with an ensuite and walk-in closet. *Hardwood floor underneath broadloom* The lower level extends living space with a family room, potential 5th bedroom or office with built in shelves, utility room, dedicated storage room, sink area & extra closet space. The large, private & fenced backyard is adorned with mature shrubs and gardens, a perfect backdrop to enjoy quiet moments of the day or to entertain family & friends. Close to top Schools, Parks, Nature Trails, Shopping, Transit (including future Royal Orchard Subway Stop) Minutes to Hwys 407 & 404, 3 Golf Courses & active Community Centre! Don't miss your opportunity to live on a prime street in an incredible neighbourhood!

Key facts

Property type
Detached, 2-Storey
MLS®
N13792616
Bedrooms
4
Bathrooms
3 (2 half)
Size
2000-2500 sq ft
Lot
55.06 × 109.19 ft
Cross streets
Yonge & Royal Orchard
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$6,408 / 2025
Days on market
30
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Family RoomBasement5.58 × 6.25 m

broadloom · b/i shelves · pot lights

Great RoomMain5.29 × 4.39 m

hardwood floor · cathedral ceiling(s) · w/o to patio

OtherBasement4.15 × 3.41 m

Wet Bar

Living RoomMain5.37 × 3.56 m

hardwood floor · french doors · bay window

Dining RoomMain3.62 × 3.07 m

hardwood floor · crown moulding · window

Bedroom 2Second3.71 × 3.35 m

hardwood floor · closet · window

Bedroom 4Second4.62 × 3.54 m

hardwood floor · closet · window

BedroomBasement3.46 × 3.42 m

hardwood floor · b/i shelves

Utility RoomBasement5.04 × 4.02 m
KitchenMain9.05 × 6.16 m

hardwood floor · eat-in kitchen · fireplace

WorkshopBasement4.15 × 3.41 m

Window

Bedroom 3Second3.68 × 2.56 m

hardwood floor · closet · window

Primary BedroomSecond4.60 × 3.71 m

hardwood floor · 2 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.37Mlikely sale price

Listed at $1,398,000. Going by how homes in Royal Orchard and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.37M, if it sells. A realistic range is $1.28M to $1.54M.

Independent value check: $1.24M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.16M and $1.30M).

Why $1.24M. The typical detached home sold in Royal Orchard over the past year went for about $1.33M (45 sales). What sets this one apart:

  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $6,408 a year; the typical home sold here pays about $6,500.
  • ▼ Lowers it slightly1 garage and 4 total parking spaces, against 2 and 6 typically.
List price
$1.28MBelow recent closings$1.54MAbove recent closings

Total price vs nearby homes. Likely closing about $1.37M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.26Mmedian sold price
99%of asking, on average
−16%prices vs a year ago
~27 dayshomes like this take to sell
30days on market so far
$4,815/moest. rent · 22 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 6 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $621/sqft against an area asking average of $790/sqft.

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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.35M. 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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($621/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 11 comparable homes that sold in Royal Orchard over the past two years, from 95 closings there.

What sellers nearby are askingCurrently listed nearby in Royal Orchard · asking prices
$2.12Mavg 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 $1.24M, which is where my estimate comes from.

Per square foot, these ask about $771/sqft; this home lists at $621/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.40MThis home1.48M1.90M2.99MThis 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

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.

Nearby neighbourhoods

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

Grandview
$1.79M
Aileen-Willowbrook
$1.43M
Cachet
$2.30M
Unionville
$2.01M
Devil's Elbow
$5.40M

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
$6,372/mo
$263KIncome needed
5.3×Price ÷ income
$1,470Weekly cost
$24,435Land 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.

92%mortgage
Mortgage $6,372Property tax $534Total carry $6,906

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,184per month

Mortgage amount $1,118,400 · 4.49% over 25 years

$279,600Down payment (20.0%)
$1,118,400Loan before insurance
$0CMHC premium
$6,718Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,184
Property tax
$534
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,718

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

One-time closing costs

Ontario land transfer tax
$24,435
Estimated closing costs
$24,435

Plus your down payment of $279,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,485/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

$736,748Total interest paid
$1,855,148Total of all payments
Principal $1,118,400 Interest $736,748
YearPrincipalInterestBalance
1$24,958$49,248$1,093,442
2$26,091$48,115$1,067,351
3$27,276$46,930$1,040,075
4$28,514$45,692$1,011,561
5$29,809$44,397$981,752
6$31,162$43,044$950,590
7$32,577$41,629$918,013
8$34,056$40,150$883,956
9$35,603$38,603$848,354
10$37,219$36,987$811,135
11$38,909$35,297$772,226
12$40,676$33,530$731,550
13$42,522$31,683$689,028
14$44,453$29,753$644,574
15$46,472$27,734$598,103
16$48,581$25,624$549,521
17$50,787$23,419$498,734
18$53,093$21,113$445,641
19$55,504$18,702$390,137
20$58,024$16,182$332,113
21$60,659$13,547$271,455
22$63,413$10,793$208,042
23$66,292$7,914$141,750
24$69,302$4,904$72,448
25$72,448$1,758$0

At the end of your 5-year term

Total paid over the term
$371,030
Principal paid down
$136,648
Interest paid
$234,382
Balance remaining
$981,752

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 22 whole-home leases in Royal Orchard$4,815/mo
$57,780Gross annual rent
3.1%Cap rate after taxes and upkeep
$4,574 to $5,063Typical rent range

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 22 whole-home leases in Royal Orchard signed at a median of $4,377 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,815. 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.

4.1%
Gross yield
− Property tax $6,408− Insurance $1,400− Vacancy & upkeep $6,356Net operating income $43,616

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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