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Royal Orchard, Markham
$1,239,999
Welcome to Spacious 3+2 Bedroom Bungalow with Walkout Basement in Prestigious Royal Orchard Rare opportunity to own a spacious and versatile 3+2 bedroom bungalow in the highly sought-after Royal Orchard community, ideally located just off Bayview Avenue. This well-maintained home offers a bright, functional layout with generously sized principal rooms, perfect for comfortable family living. The fully finished walkout basement features 2 bedrooms, a kitchen, and a full bathroom, making it ideal for an in-law suite, multi-generational living, or potential rental income. Separate access to the lower level adds flexibility and convenience. Situated on a desirable lot in a prime location, this home is close to top-rated schools, parks, golf courses, shopping, restaurants, public transit, and major highways. Enjoy the convenience of urban amenities while living in one of the area's most established and family-friendly neighborhoods. A fantastic opportunity for families, investors, and builders a like-don't miss your chance to own in prestigious Royal Orchard!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,805 |
| Lot Size | 45 ft x 175 ft |
| mls© Number | N13460372 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,347
- Property tax
- $484
- Heat allowance
- $150
- Housing costs
- $6,981 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$215,000
gross annual household income
- Payment at 4%
- $5,218 / mo
- Cash down
- $248,000
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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