$1,499,000
Markham
164 Steeles Avenue East, Markham (Grandview), Ontario, L3T1A5
This 6-bedroom, 5-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $1,499,000, it is attractively priced about 18% below the $1,839,000 median asking price in Markham. It has been on the market 55 days, fresher than the Markham average of 95 days.
Exceptional Opportunity at 164 Steeles Ave E! Welcome to this renovated home situated on an impressive 52.5 x 125 ft lot with R4 zoning, wide frontage, abundant parking, and a 2-car garage. Offering more than 2,000 sq. ft. of finished living space, including the basement, this property combines move-in-ready comfort, exceptional flexibility, and outstanding future potential. Ideally located along the rapidly evolving Steeles Avenue corridor, surrounded by major development activity and just minutes from Yonge & Steeles. The future Steeles Station of the Yonge North Subway Extension is underway, while higher-density development planned throughout the surrounding area further enhances the property's long-term appeal and potential. The home has been extensively upgraded, with virtually everything completed within the last three years. Improvements include updated electrical wiring, new 200-amp electrical service and panel, rough-in for an EV charger in the garage, updated plumbing, newer windows, newer furnace and heat pump, New attic insulation, LED pot lights throughout, hardwood flooring, newer doors, modern stairs and railings, and contemporary finishes throughout. Designed for maximum flexibility, the home features two full kitchens with new cabinetry and luxury appliances, two laundry areas, two gas fireplaces, generous closet space, and a beautifully finished basement with elegant porcelain tile flooring. The finished walkout basement provides additional living space with income potential. Additional features include fully renovated bathrooms with glass shower enclosures, modern vanities and fixtures, rough-in for an outdoor natural gas BBQ, newly paved exterior. Don't Miss the opportunity, Show with Confidence. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 95 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 6-bed single family in Markham (Grandview) has been listed for 55 days, which is 40 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,499,000, about 15.8× the local median household income of $95,000.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 208% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3T)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.