198 Romfield Circuit, Markham, ON
Royal Orchard, Markham · MLS® N13793778
About this home
In short
- Turn-Key Luxury in Prestigious Royal Orchard.
- Upstairs features a private primary retreat complete with a walk-in closet, ensuite, and a balcony overlooking your south-facing backyard oasis-featuring a sparkling...
- Meticulously maintained with top-tier upgrades: Driveway & Appliances (2024), Garage Door (2023), Pool Liner & Deck (2022).
- Parking for 6, no sidewalk to shovel, and steps to top-rated schools (Thornlea SS), transit, and highways.
- Show and sell with confidence! close to shopping, transit, parks, and highways, this move-in ready home delivers refined comfort and exceptional value in one of...
Turn-Key Luxury in Prestigious Royal Orchard! Welcome to this impeccably renovated 4+1 bedroom, 4-bathroom residence on a mature, tree-lined street. Thoughtfully designed for modern living, the main floor boasts a chef-inspired kitchen with Caesarstone countertops, premium 2024 appliances, and an oversized sun-filled great room with a cozy wood-burning fireplace and walkout. Upstairs features a private primary retreat complete with a walk-in closet, ensuite, and a balcony overlooking your south-facing backyard oasis-featuring a sparkling inground pool and expansive deck. The fully finished lower level offers an expansive recreation space, spa-bath, and in-law suite potential. Meticulously maintained with top-tier upgrades: Driveway & Appliances (2024), Garage Door (2023), Pool Liner & Deck (2022). Parking for 6, no sidewalk to shovel, and steps to top-rated schools (Thornlea SS), transit, and highways. Show and sell with confidence! close to shopping, transit, parks, and highways, this move-in ready home delivers refined comfort and exceptional value in one of Thornhill's most sought-after communities. Show with the utmost confdence!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13793778
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (2 half)
- Size
- 1500-2000 sq ft
- Lot
- 55 × 109.1 ft
- Cross streets
- Bayview/Romfield/407
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $6,916 / 2026
- Days on market
- 33
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
laminate · renovated · overlooks pool
broadloom · walk-in closet(s) · 2 pc ensuite
laminate · combined w/living
combined w/br · 4 pc bath
combined w/great rm · vaulted ceiling(s) · w/o to yard
laminate · combined w/dining
broadloom · double closet
broadloom · double closet
broadloom · double closet
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Royal Orchard, Markham, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,279,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,073
- Property tax
- $576
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,649
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Estimated closing costs
- $28,455
Plus your down payment of $319,800. 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
- $424,375
- Principal paid down
- $156,295
- Interest paid
- $268,080
- Balance remaining
- $1,122,905
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.