49 Stornoway Crescent, Markham, ON
Royal Orchard, Markham · MLS® N13827374
About this home
*Spectacular Residence On A Premium Lot In The Prestigious Royal Orchard Community! Perfectly Set Back From The Street With No Sidewalk, Allowing Plenty Of Parking & A Spacious Backyard With Side Separate Ent*This Is A Backsplit With Character, Charm & A Layout That Truly Stands Apart!* The Property Opens To An Incredible Private Backyard Oasis With A Sparkling Inground Saltwater Pool, Beautiful Manicured Gardens & Glorious Sunshine!* An Entertainer's Dream, Perfect For Summer Pool Parties, Family BBQs, Outdoor Dining Or Relaxing Evenings Surrounded By Mature Greenery* Step Inside & Be Impressed By The Spacious, Functional Floor Plan Offering Open-Concept Living While Maintaining Privacy Between Levels*A Welcoming Foyer Leads To Elegant Living & Dining Areas Filled With Natural Light & Large Picture Window, Creating The Perfect Setting For Everyday Living & Memorable Gatherings*The Bright Eat-In Kitchen Offers Plenty Of Counter Space, Newer S/S Appliances ,A Cheerful Breakfast Area & Large Windows Overlooking The Beautiful Garden* The Inviting Ground-Level Family Room Features A Cozy Fireplace , Seamless Walkout To The Salt Water Inground Pool ,Backyard-Bringing The Outdoors In & Making Summer Entertaining Effortless!*Generously Sized Principal Rooms & Bedrooms Provide Plenty Of Space For The Whole Family Designed For Comfort* The Basement Level Features Large Above-Grade Windows That Flood The Space With Natural Light, Creating A Bright & Airy Feel*Lovingly Cared For & Meticulously Maintained With New Furnace/A/C & HWT*This Home Shines With Pride Of Ownership!* Tucked Away On A Quiet, Child-Friendly Crescent Surrounded By Mature Trees, Offering Privacy, Charm & An Exceptional Family Lifestyle* Enjoy Royal Orchard's Beautiful Tree-Lined Streets, Excellent Schools, Parks, Golf, Transit, Shopping & Easy Highway Access* A Backsplit With Character, Premium Lot, Backyard Made For Summer, Generous Size Interior & A Wonderful Place To Call Home!*
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- N13827374
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1500-2000 sq ft
- Lot
- 57.35 × 115.89 ft
- Cross streets
- Bayview/Romfield
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private Double
- Basement
- Partially Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $6,793 / 2025
- Days on market
- 24
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
above grade window · pot lights
vinyl floor · window · open concept
vinyl floor · ceiling fan(s) · window
stainless steel appl · eat-in kitchen · breakfast area
vinyl floor · window
vinyl floor · fireplace · w/o to pool
vinyl floor · closet · overlooks pool
vinyl floor · picture window · open concept
vinyl floor · 5 pc bath · overlooks pool
Listed at $1,288,800, about 3% below our estimate of $1.33M (homes like it typically land between $1.25M and $1.39M).
Why $1.33M. The typical detached home sold in Royal Orchard over the past year went for about $1.33M (45 sales). What sets this one apart:
- ▼ Lowers it slightly4 bedrooms and 2 baths, against 4+1 and 3 typically.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $6,793 a year; the typical home sold here pays about $6,500.
Total price vs nearby homes. Fair value about $1.33M, learned from recent GTA sales.
The market behind the math:
About 3.9 months of inventory: 13 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $736/sqft against an area asking average of $785/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 68 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Royal Orchard, so I widened the search to the surrounding area.
Based on 68 comparable homes that sold in Royal Orchard over the past two years, from 95 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.33M, which is where my estimate comes from.
Per square foot, these ask about $771/sqft; this home lists at $736/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
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.
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) →
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 $1,031,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,701
- Property tax
- $566
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,267
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,251
- Estimated closing costs
- $22,251
Plus your down payment of $257,760. 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
- $342,048
- Principal paid down
- $125,974
- Interest paid
- $216,074
- Balance remaining
- $905,066
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.