$1,089,900 - 182 Bay Thorn Drive, Markham
Detached for Sale in Markham
Popular ListingNeighbourhood: Royal Orchard
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- MLS Number
- N13817532
- Property Type
- Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $6,611
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Rarely Available Raised Bungalow on Premium Corner Lot!! Inviting, beautifully landscaped & situated on the south side of a family friendly street in the heart of Royal Orchard, this 4 bedroom, 3 bath raised bungalow with double garage has been lovingly cared for by the same owner for approximately 60 years! Well appointed, open concept living and dining rooms boast gleaming hardwood floor, with lots of space for entertaining or everyday living. The bright, eat-in kitchen has tons of cupboard space with an abundance of natural light and has both a convenient access to the dining room and a walk-out to the large deck. Tucked away are 4 generous sized bedrooms, all with hardwood floors & good closet space. Primary suite features a double closet & private 2 piece ensuite. A separate basement entrance provides both access to the double garage and to a finished lower level that extends living space with a large rec room, utility room and 3 piece bath. Enjoy the safety for children or pets in the fenced side yards adorned with perennial gardens, mature trees & shrubs. It's your blank canvas - move right in or transform this home to your own needs and style! Perfect opportunity and ideal space for first time buyers, downsizers or maximize the income potential & investment while enjoying a fabulous neighbourhood! Steps to 3 Elementary schools, nature trails, transit (incl future Royal Orchard subway stop!) Close to Hwy 407/404, 3 Golf Courses, Thornhill Community Centre & shopping!
Estimate your monthly payments for this property
Estimated Payment
$4,821.00/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 Royal Orchard
Royal Orchard 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 Royal Orchard
- •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
Royal Orchard 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.
182 Bay Thorn Drive, 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 $991/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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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 Royal Orchard
I know Royal Orchard 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.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.