22 Grandview Avenue, Markham

Price: $3,000,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13106800

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.

22 Grandview Avenue - Detached photo 1 of 2 in Markham, Ontario
22 Grandview Avenue - Detached photo 2 of 2 in Markham, Ontario
active
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$3,000,000 - 22 Grandview Avenue, Markham

Detached for Sale in Markham

59 days on market

Neighbourhood: Grandview

3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13106800
Property Type
Detached
Status
active
Days on Site
59
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

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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Estimated Payment

$13,270.01/mo

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5-yr fixed avg.

Principal: $2,400,000Interest: $1,581,004
Mortgage Amount$2,400,000
Total Interest$1,581,004
Est. Property Tax$2,125/mo
Total Cost$3,981,004

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.

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Neighbourhood Guide: Grandview

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

22 Grandview Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$2,125
Insurance (est.)-$625
Net Cash Flow+$50

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $4286/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 59 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    22 Grandview Avenue, Markham | $3,000,000 | Battaglia Team