70 Royal Orchard Boulevard, Markham, ON
Royal Orchard, Markham · MLS® N13830630
About this home
In short
- Welcome to this spacious and well-maintained home in the desirable Royal Orchard neighbourhood of Thornhill.
- Offering plenty of space for a growing family, the home features 5 bedrooms on the second floor and 5 bathrooms in total, including two bedrooms with their own...
- The fully finished basement, complete with a separate entrance, offers excellent income potential or an ideal in-law suite.
- Several important upgrades have been completed, including updated plumbing and electrical work and a 200-amp electrical panel, giving the new owners added peace of mind.
Welcome to this spacious and well-maintained home in the desirable Royal Orchard neighbourhood of Thornhill. Offering plenty of space for a growing family, the home features 5 bedrooms on the second floor and 5 bathrooms in total, including two bedrooms with their own private ensuite bathrooms. The main living areas are generously sized, with a practical layout that provides plenty of room for both family life and entertaining guests. The fully finished basement, complete with a separate entrance, offers excellent income potential or an ideal in-law suite. Several important upgrades have been completed, including updated plumbing and electrical work and a 200-amp electrical panel, giving the new owners added peace of mind. The property is located in the established Royal Orchard community, surrounded by mature trees and quiet residential streets. It is conveniently located near Yonge Street, parks, shopping, public transit, and local amenities. The planned Yonge North Subway Extension, including the proposed Royal Orchard Station, is also expected to bring improved transit access to the neighbourhood. Families will appreciate the nearby schools, including Bay thorn Public School, as well as French Immersion options such as Woodland Public School. The area is also close to local landmarks such as Heintzman House, adding to the character and charm of the neighbourhood. With its generous bedroom and bathroom count, useful basement access and potential for income , recent upgrades, and convenient location, this property offers plenty of space and flexibility for today's family.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13830630
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 55 × 118 ft
- Cross streets
- Yonge/Royal Orchard
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,562 / 2025
- Days on market
- 21
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
closet · pot lights
closet · pot lights
w/o to yard · pot lights · window
combined w/dining · pot lights · window
closet · pot lights
walk-in closet(s) · pot lights
pot lights · window
closet · pot lights
pot lights · window
centre island · quartz counter · window
closet · pot lights
pot lights · window
w/o to yard · pot lights · window
Listed at $1,298,888. 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 $1.27M, if it sells. A realistic range is $1.19M to $1.43M.
Independent value check: $1.41M. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $1.33M and $1.48M).
Why $1.41M. 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 it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it5+1 bedrooms and 5 baths, against 4+1 and 3 typically.
- ▼ Lowers it slightly1 garage and 5 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $1.27M, from 11 recent closings in this pocket.
The market behind the math:
About 2.2 months of inventory: 8 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $472/sqft against an area asking average of $814/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Royal Orchard basements rarely rent out (5 of 59 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
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 $1.56M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
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 11 comparable homes that sold in Royal Orchard over the past two years, from 95 closings there.
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 $1.41M, which is where my estimate comes from.
Per square foot, these ask about $821/sqft; this home lists at $472/sqft. Size is part of the price story, not just the sticker.
The 3 closest 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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,039,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,745
- Property tax
- $547
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,292
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,453
- Estimated closing costs
- $22,453
Plus your down payment of $259,778. 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
- $344,725
- Principal paid down
- $126,960
- Interest paid
- $217,765
- Balance remaining
- $912,150
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
About the suite: in Royal Orchard basements rarely rent out (5 of 59 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Royal Orchard signed at a median of $4,836 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,934. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.