232 Green Lane, Markham

Price: $1,690,000

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13786000

Welcome To This Exceptional Family Home In The Prestigious Thornlea Community, Located Within The Highly Sought-After Bayview Glen & St. Robert School Districts! Set In One Of Thornhill's Most Desirable Family Neighbourhoods, This Beautifully Maintained Residence Offers Approximately 3,000 Sq Ft Of Spacious, Elegant Living, Surrounded By Lush Ravines And Nature. Designed For Both Sophisticated Living And Everyday Family Comfort, The Home Features An Oversized Modern Kitchen With A Large Centre Island, Stainless Steel Appliances And Wine Rack, Along With Pot Lights Throughout And Beautiful Hardwood Flooring Extending Across The Living, Dining, Family Room, Second Floor And Basement. The Sun-Filled Main Floor Offers Generously Proportioned Principal Rooms, A Dedicated Office With Charming Bay Window, And A Spacious Family Room Enhanced By A Skylight. The Primary Retreat Features A Bay Window, Abundant Natural Light And A Luxurious 6-Pc Ensuite.The Fully Finished Basement Provides Exceptional Additional Living Space With **Two Recreation Areas, A Full-Size Kitchen And 3-Pc Bathroom Ideal For Extended Family, Entertaining Or Flexible Multi-Generational Living. Freshly Painted And Thoughtfully Updated, This Home Combines Timeless Elegance With Practical Family Living. Located Within Walking Distance To Highly Ranked Schools, Including St. Robert Catholic High School, Bayview Fairways Public School And Thornlea Secondary School. Enjoy Unparalleled Convenience With Easy Access To Hwy 404, 407, 401 And DVP, GO Transit, Shopping Centres, Grocery Stores, Restaurants, Parks And Everyday Amenities. A Rare Opportunity To Live In One Of Thornhill's Most Coveted Communities, Surrounded By Top-Ranked Schools, Nature And Every Modern Convenience.

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active
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$1,690,000 - 232 Green Lane, Markham

Detached for Sale in Markham

Neighbourhood: Thornlea

5Beds
5Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
N13786000
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Taxes (2026)
$9,837
Listing Brokerage
AVION REALTY INC.
Description

Welcome To This Exceptional Family Home In The Prestigious Thornlea Community, Located Within The Highly Sought-After Bayview Glen & St. Robert School Districts! Set In One Of Thornhill's Most Desirable Family Neighbourhoods, This Beautifully Maintained Residence Offers Approximately 3,000 Sq Ft Of Spacious, Elegant Living, Surrounded By Lush Ravines And Nature. Designed For Both Sophisticated Living And Everyday Family Comfort, The Home Features An Oversized Modern Kitchen With A Large Centre Island, Stainless Steel Appliances And Wine Rack, Along With Pot Lights Throughout And Beautiful Hardwood Flooring Extending Across The Living, Dining, Family Room, Second Floor And Basement. The Sun-Filled Main Floor Offers Generously Proportioned Principal Rooms, A Dedicated Office With Charming Bay Window, And A Spacious Family Room Enhanced By A Skylight. The Primary Retreat Features A Bay Window, Abundant Natural Light And A Luxurious 6-Pc Ensuite.The Fully Finished Basement Provides Exceptional Additional Living Space With **Two Recreation Areas, A Full-Size Kitchen And 3-Pc Bathroom Ideal For Extended Family, Entertaining Or Flexible Multi-Generational Living. Freshly Painted And Thoughtfully Updated, This Home Combines Timeless Elegance With Practical Family Living. Located Within Walking Distance To Highly Ranked Schools, Including St. Robert Catholic High School, Bayview Fairways Public School And Thornlea Secondary School. Enjoy Unparalleled Convenience With Easy Access To Hwy 404, 407, 401 And DVP, GO Transit, Shopping Centres, Grocery Stores, Restaurants, Parks And Everyday Amenities. A Rare Opportunity To Live In One Of Thornhill's Most Coveted Communities, Surrounded By Top-Ranked Schools, Nature And Every Modern Convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,475.44/mo

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5-yr fixed avg.

Principal: $1,352,000Interest: $890,632
Mortgage Amount$1,352,000
Total Interest$890,632
Est. Property Tax$1,197/mo
Total Cost$2,242,632

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: Thornlea

Discover Thornlea

Thornlea 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 Thornlea

  • •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

Thornlea 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

232 Green Lane, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,197
Insurance (est.)-$352
Net Cash Flow+$2,401

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

Competitive Pricing

At $676/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 22 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 5 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 Thornlea

I know Thornlea 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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    232 Green Lane, Markham | $1,690,000 | Battaglia Team