22 Grandview Avenue
Grandview, Markham
$2,250,000
Prestigious Power of Sale offering in the sought-after Grandview community of Markham, ideally positioned within the Yonge & Steeles Major Transit Station Area (MTSA). Situated on a 50 x 125 ft lot, 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.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,135 |
| Lot Size | 50 ft x 124.6 ft |
| mls© Number | N13540426 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
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%
- $11,517
- Property tax
- $595
- Heat allowance
- $150
- Housing costs
- $12,261 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$377,000
gross annual household income
- Payment at 4%
- $9,468 / mo
- Cash down
- $450,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
For detached listings, Grandview is currently a strong buyer's market — patience and negotiation currently favour buyers. Over June – August 2026, homes here typically sold in about 46 days and fetched 68% of the asking price. Buyer competition is holding steady versus the same months last year.
- Demand
- 0.24
- Avg days on market
- 46 d
- Sale-to-list
- 68%
- Price change (YoY)
- —
Provisional — based on 7 sales
0.42
Balanced market
34days
-1 days vs the same month last year
$1,548,362
-2.6% vs a year ago
Nearby listings
Comparable sales
- No similar listings found.
