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Royal Orchard, Markham
$1,530,000
Welcome to a beautifully upgraded family home in the highly desirable Royal Orchard community, where pride of ownership is evident throughout. This spacious residence offers 5 bedrooms on the upper level with 3 bathrooms (total of 5 bathrooms), including two bedrooms with private full ensuite baths, providing exceptional comfort and privacy for growing families. Designed with both functionality and lifestyle in mind, the home features generous principal rooms and a well-planned layout ideal for everyday living and entertaining. The separate entrance basement presents excellent potential for extended family use or future rental income, adding flexibility and long-term value. Recent upgrades include updated plumbing, electrical system, and a 200 Amp panel, offering peace of mind and reliability for years to come. Situated in one of Thornhill's most established and sought-after neighbourhoods, this home is located near the future Yonge North Subway Extension, including the planned Royal Orchard Station, a major infrastructure improvement expected to significantly enhance accessibility and property values. Families will appreciate access to top-rated schools such as Baythorn Public School, known for its strong academics and arts program, along with French immersion options including Woodland Public School, making this an ideal location for education-focused buyers. Surrounded by mature tree-lined streets and enriched by landmarks such as Heintzman House, the neighbourhood offers a unique blend of charm and community. With convenient access to Yonge Street, parks, shopping, and transit, and future growth potential. Seller may offer Vendor Take-Back (VTB)/Seller Take-Back (STB) or Seller Financing options to qualified buyers.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,562 |
| Lot Size | 55 ft x 118 ft |
| mls© Number | N13033408 |
| Listed By | HOMELIFE/BAYVIEW REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,831
- Property tax
- $547
- Heat allowance
- $150
- Housing costs
- $8,528 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$262,000
gross annual household income
- Payment at 4%
- $6,438 / mo
- Cash down
- $306,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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