$1,499,000 - 164 Steeles Avenue, Markham
Detached for Sale in Markham
Neighbourhood: Grandview
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- MLS Number
- N13764198
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $7,612
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Exceptional Opportunity at 164 Steeles Ave E! Welcome to this renovated home situated on an impressive 52.5 x 125 ft lot with R4 zoning, wide frontage, abundant parking, and a 2-car garage. Offering more than 2,000 sq. ft. of finished living space, including the basement, this property combines move-in-ready comfort, exceptional flexibility, and outstanding future potential. Ideally located along the rapidly evolving Steeles Avenue corridor, surrounded by major development activity and just minutes from Yonge & Steeles. The future Steeles Station of the Yonge North Subway Extension is underway, while higher-density development planned throughout the surrounding area further enhances the property's long-term appeal and potential. The home has been extensively upgraded, with virtually everything completed within the last three years. Improvements include updated electrical wiring, new 200-amp electrical service and panel, rough-in for an EV charger in the garage, updated plumbing, newer windows, newer furnace and heat pump, New attic insulation, LED pot lights throughout, hardwood flooring, newer doors, modern stairs and railings, and contemporary finishes throughout. Designed for maximum flexibility, the home features two full kitchens with new cabinetry and luxury appliances, two laundry areas, two gas fireplaces, generous closet space, and a beautifully finished basement with elegant porcelain tile flooring. The finished walkout basement provides additional living space with income potential. Additional features include fully renovated bathrooms with glass shower enclosures, modern vanities and fixtures, rough-in for an outdoor natural gas BBQ, newly paved exterior. Don't Miss the opportunity, Show with Confidence.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Grandview
Grandview is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Grandview
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Grandview offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
164 Steeles Avenue, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $999/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Grandview
I know Grandview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.