31 Henderson Avenue, Markham, ON

Grandview, Markham · MLS® N14093136

$1,418,000
For Sale
Just listed todayNo offer date stated
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3+3Bedrooms
4Bathrooms
1Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • This newly renovated home offers three bedrooms and two bathrooms on the main floor, including a 3-piece ensuite, plus two separate in-law suites downstairs with...
  • The bright, open-concept main level features a professionally designed modern kitchen with quality finishes, new hardwood flooring and a walkout to the backyard deck.

This newly renovated home offers three bedrooms and two bathrooms on the main floor, including a 3-piece ensuite, plus two separate in-law suites downstairs with private entrances. Three laundry areas provide added convenience: laundry on the main floor, laundry in the two-bedroom suite and a washer only in the bachelor suite.The bright, open-concept main level features a professionally designed modern kitchen with quality finishes, new hardwood flooring and a walkout to the backyard deck. The two-bedroom basement suite includes a full kitchen, while the bachelor suite features a kitchenette. Laminate flooring and an updated bathroom complement the finished lower level.Additional upgrades include added attic insulation, Safe 'n' Sound insulation between the basement suites and across most of the basement ceiling, Ethernet and coaxial cabling, and wiring for ceiling speakers. Situated in a family-friendly neighbourhood within walking distance of Henderson Public School, this home also offers a single-car garage and driveway parking for up to four additional vehicles.Some photos are virtually staged.

Key facts

Property type
Detached, Bungalow
MLS®
N14093136
Bedrooms
3+3 (6 total)
Bathrooms
4
Size
1100-1500 sq ft
Lot
50 × 125 ft
Cross streets
Bayview Ave / Steeles Ave
Parking
1 garage · 4 parking (attached)
Driveway
Private Triple
Basement
Finished, Finished with Walk-Out, Separate Entrance
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,653 / 2025
Listing brokerage
PAUL ZAMMIT REAL ESTATE LTD.

Rooms

Dining RoomMain4.51 × 2.50 m

pot lights · open concept

Living RoomMain5.34 × 3.83 m

open concept · pot lights · electric fireplace

KitchenMain3.46 × 2.90 m

renovated · centre island · pot lights

KitchenBasement2.49 × 4.54 m

laminate · pot lights

Bedroom 3Main3.53 × 3.00 m

walk-out · pot lights

BedroomBasement3.71 × 2.49 m

Laminate

Living RoomBasement4.54 × 3.65 m
BedroomBasement3.08 × 3.65 m
Primary BedroomMain3.84 × 3.64 m

3 pc ensuite · pot lights

Bedroom 2Main3.85 × 3.37 m

pot lights · closet

KitchenBasement3.53 × 3.12 m

laminate · pot lights

RecreationBasement6.02 × 3.10 m

laminate · pot lights · 3 pc bath

BedroomBasement3.71 × 2.41 m

Laminate

RecreationBasement6.02 × 3.10 m

laminate · 3 pc bath · walk-out

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Grandview, Markham, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Royal Orchard
$2.77M
Aileen-Willowbrook
$1.47M
Cachet
$2.30M
Unionville
$2.19M
Milliken Mills East
$1.49M

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
$6,463/mo
$270KIncome needed
5.3×Price ÷ income
$1,491Weekly cost
$24,835Land 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.

91%mortgage
Mortgage $6,463Property tax $638Total carry $7,101

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,272per month

Mortgage amount $1,134,400 · 4.49% over 25 years

$283,600Down payment (20.0%)
$1,134,400Loan before insurance
$0CMHC premium
$6,910Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,272
Property tax
$638
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,910

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

One-time closing costs

Ontario land transfer tax
$24,835
Estimated closing costs
$24,835

Plus your down payment of $283,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,592/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

$747,288Total interest paid
$1,881,688Total of all payments
Principal $1,134,400 Interest $747,288
YearPrincipalInterestBalance
1$25,315$49,953$1,109,085
2$26,464$48,803$1,082,621
3$27,666$47,602$1,054,955
4$28,922$46,345$1,026,033
5$30,235$45,032$995,797
6$31,608$43,659$964,189
7$33,043$42,224$931,146
8$34,544$40,724$896,602
9$36,112$39,156$860,490
10$37,752$37,516$822,739
11$39,466$35,802$783,273
12$41,258$34,010$742,016
13$43,131$32,137$698,885
14$45,089$30,178$653,796
15$47,136$28,131$606,659
16$49,277$25,991$557,383
17$51,514$23,754$505,869
18$53,853$21,415$452,016
19$56,298$18,970$395,718
20$58,854$16,413$336,864
21$61,526$13,741$275,338
22$64,320$10,948$211,018
23$67,240$8,027$143,778
24$70,293$4,974$73,485
25$73,485$1,783$0

At the end of your 5-year term

Total paid over the term
$376,338
Principal paid down
$138,603
Interest paid
$237,735
Balance remaining
$995,797

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
Estimate$2,300/mo
$27,600Gross annual rent
1.1%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

1.9%
Gross yield
− Property tax $7,653− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,511

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PAUL ZAMMIT REAL ESTATE LTD.. MLS®/PropTx.

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