41 Sprucewood Drive, Markham, ON
Grandview, Markham · MLS® N13885874
About this home
In short
- Introducing Markham's premier gated dual-residence estate, set on a spectacular 80 x 200 ft ravine lot.
- The resort-inspired backyard features a sparkling pool overlooking the tranquil ravine, creating an exceptional setting for relaxation and entertaining.
- The main level showcases an open-concept layout with a finished lower level complete with kitchenette, full bath, storage, and separate entry.
- The upper residence features a grand chef's kitchen, elegant living spaces, 3 spacious bedrooms, 2.5 baths, skylights, and a large private balcony with ravine views.
- Throughout, enjoy 10-ft ceilings, floor-to-ceiling windows, designer lighting, premium integrated appliances, bespoke cabinetry, and elevator rough-in.
Introducing Markham's premier gated dual-residence estate, set on a spectacular 80 x 200 ft ravine lot. This architectural masterpiece offers over 7,000 sq.ft. of luxurious living space, parking for 10 vehicles, and a rare blend of privacy, flexibility, and sophistication. The resort-inspired backyard features a sparkling pool overlooking the tranquil ravine, creating an exceptional setting for relaxation and entertaining. Designed for seamless multigenerational living, the home offers two fully integrated yet private residences with separate entrances. The main level showcases an open-concept layout with a finished lower level complete with kitchenette, full bath, storage, and separate entry. The upper residence features a grand chef's kitchen, elegant living spaces, 3 spacious bedrooms, 2.5 baths, skylights, and a large private balcony with ravine views. Throughout, enjoy 10-ft ceilings, floor-to-ceiling windows, designer lighting, premium integrated appliances, bespoke cabinetry, and elevator rough-in. A truly exceptional offering..
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13885874
- Bedrooms
- 6+1 (7 total)
- Bathrooms
- 7 (2 half)
- Size
- 5,000 sq ft
- Lot
- 80 × 200 ft
- Cross streets
- Bayview & Steeles
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $19,025 / 2025
- Days on market
- 8
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · stainless steel appl · quartz counter
hardwood floor · double closet · picture window
wet bar · pot lights
hardwood floor · pot lights · open concept
hardwood floor · stainless steel appl · eat-in kitchen
hardwood floor · pot lights · w/o to deck
hardwood floor · pot lights · w/o to balcony
hardwood floor · double closet · picture window
wet bar · pot lights
hardwood floor · b/i closet · picture window
hardwood floor · 5 pc ensuite · walk-in closet(s)
hardwood floor · b/i closet · picture window
hardwood floor · window floor to ceiling · open concept
This is a rare parcel: about 0.37 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Grandview have sold between $1.05M and $3.44M over the last two years (6 sales).
Considering this property? Request a written price read
For sale
For sale
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 $3.31M, which is where my estimate comes from.
Per square foot, these ask about $896/sqft; this home lists at $750/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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
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.
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
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 19, 2026); conventional rates run a little higher.
Mortgage amount $3,000,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,588
- Property tax
- $1,585
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,173
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $80,225
- Estimated closing costs
- $80,225
Plus your down payment of $750,000. 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
- $995,251
- Principal paid down
- $366,545
- Interest paid
- $628,706
- Balance remaining
- $2,633,455
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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.