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Listed 2 months ago

54 Highland Park Boulevard

Grandview, Markham

$1,248,000

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Nestled In One Of Thornhill's Most Prestigious And Established Enclaves, This Rare Opportunity On Highland Park Blvd Offers Endless Possibilities On A Spectacular 50 X 140 Ft Mature Lot Surrounded By Luxury Custom Homes. Lovingly Maintained By Long-Term Owners, This Charming Detached Home Exudes Warmth, Character And Pride Of Ownership While Offering Incredible Future Potential For End Users, Investors Or Builders Looking To Create A Dream Residence In A Highly Desirable Neighbourhood. The Property Features A Spacious Private Driveway, Detached Garage, Beautiful Mature Trees And Exceptional Backyard Privacy. The Existing Home Is Filled With Natural Light And Comfortable Living Spaces, While The True Showstopper Is The Resort-Style Backyard Oasis Complete With A Stunning Inground Pool, Expansive Decking, Lounge Areas And Exceptional Entertaining Space Perfect For Summer Gatherings Or Peaceful Relaxation. For Builders And Luxury Home Developers, The Value Here Is Exceptional - The Huge Existing Inground Pool And Backyard Layout Could Save Tens Of Thousands In Future Construction Costs While Creating The Ultimate Luxury Custom Home Experience. Located In The Heart Of Royal Orchard/Old Thornhill, Steps To Parks, Golf Courses, Top Ranked Schools, Shopping, Restaurants, Transit And Future Growth Opportunities. Minutes To Yonge Street, Highway 407, Finch Subway, Langstaff GO, Centerpoint Mall And The Upcoming Yonge North Subway Extension. Surrounded By Mature Tree-Lined Streets And Multi-Million Dollar Estate Homes, This Is A Location That Continues To Experience Strong Demand And Long-Term Value Growth. Whether You're Looking To Move In, Renovate, Invest Or Build New, This Property Offers Incredible Flexibility In One Of Markham's Most Coveted Communities. A Rare Chance To Secure A Premium Lot With Endless Potential In A Neighbourhood Undergoing Significant Luxury Transformation.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$7,444
Lot Size50 ft x 140 ft
mls© NumberN13412690
Listed ByRE/MAX HALLMARK MAXX & AFI GROUP REALTY

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%
$6,388
Property tax
$620
Heat allowance
$150
Housing costs
$7,158 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $249,600
25-yr amortization

Income needed

$220,000

gross annual household income

Payment at 4%
$5,252 / mo
Cash down
$249,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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