$1,999,000

For sale

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22 Grandview Avenue, Markham (Grandview) - Single Family for Sale

22 Grandview Avenue, Markham (Grandview), Ontario, L3T1G8

3 beds bath

9 Brightbay Crescent, Markham (Grandview), Ontario, L3T1C2

4 bd2 ba6 pk1,300 ft²Lot size 60 × 114 ft (6,887 sq ft)

Listed by ROYAL LEPAGE TERREQUITY REALTY

9 Bayview Forest Lane, Markham (Grandview), Ontario, L3T7S4

For sale

7 days ago

$3.89M

9 Bayview Forest Lane, Markham (Grandview), Ontario, L3T7S4

7 bd7 ba7 pk5,000 ft²Lot size 139 × 170 ft (23,616 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

70 Highland Park Boulevard, Markham (Grandview), Ontario, L3T1B5

For sale

9 days ago

$1.22M

70 Highland Park Boulevard, Markham (Grandview), Ontario, L3T1B5

3 bd1 ba5 pk900 ft²Lot size 50 × 140 ft (7,000 sq ft)

Listed by SOLTANIAN REAL ESTATE INC.

215 Grandview Avenue, Markham (Grandview), Ontario, L3T1J3

For sale

11 days ago

$1.30M

215 Grandview Avenue, Markham (Grandview), Ontario, L3T1J3

3 bd3 ba6 pk1,750 ft²Lot size 60 × 125 ft (7,500 sq ft)

Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Investment analysis

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$1,999,000

Markham

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50 × 125 ft (6,230 sq ft) lot size

Overview

This 3-bedroom, 1-bathroom home in Markham is for sale offering roughly 900 sq ft of space. It has been on the market 8 days, fresher than the Markham average of 95 days.

Houses for Sale in Markham →All real estate in Markham →

Description

Prestigious Power of Sale offering in the sought-after Grandview community of Markham, ideally positioned within the Yonge & Steeles Major Transit Station Area (MTSA). This detached bungalow presents a rare opportunity to secure real estate in one of the GTA's most strategic growth corridors.The residence features 2+1 bedrooms, a finished walk-out basement, private driveway parking, and municipal services. Located within the boundaries of the City of Markham Secondary Plan, the property benefits from proximity to future subway infrastructure and planned intensification initiatives.Surrounded by transit, top amenities, schools, and key arterial routes, this address offers exceptional long-term positioning for investors, developers, or buyers seeking strategic acquisition in a premier regional hub.Buyer to conduct their own due diligence regarding zoning, redevelopment potential, and property details. Property sold under Power of Sale provisions. (id:66096)

Property Details

MLS®: N14121312
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 50 × 125 ft (6,230 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $7,134.81/yr
Listed: 8 days ago

Rooms

Main level

Primary Bedroom: 3.12 x 3.43 meters
Dining room: 3.58 x 2.95 meters
Living room: 3.43 x 5.18 meters
Kitchen: 3.58 x 2.64 meters
Bedroom 2: 3.28 x 2.95 meters

Basement

Utility room: 3.25 x 3.56 meters
Laundry room: 3.58 x 4.24 meters
Bedroom: 3.35 x 3.58 meters
Family room: 3.35 x 7.16 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Block
Exterior: Aluminum siding, Brick Facing

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Grandview) listings, avg age

95d

Price / ft²

$2,221

List price

$2.00M

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.

Haho

This 3-bed single family in Markham (Grandview) has been listed for 8 days, which is 87 days fresher than the city average of 95. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · MOE ASGARIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $1,999,000, about 21.0× the local median household income of $95,000.

Carrying it typically needs a household income of about $390,475 (20% down, 25-yr amortization, stress-tested) — roughly 311% above the area median.

Median household income: $95,000
Population: 50,405
Median age: 47.2
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3T)

$1,999,000· $2,221/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $399,800

Min 20%50%

Mortgage payment$8,525/mo

Property tax (est.)$595/mo

Total monthly$9,120

Cash Needed to Close

Down payment (20%)$399,800

Land transfer tax$36,455

Est. closing costs$8,497

Total cash needed$444,752

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