56 Apricot Street, Markham

Price: $1,449,888

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13823478

***56 Apricot Street - Prime Laureleaf Opportunity*** Situated On A 50 By 150 Foot Lot In The Heart Of Markham's Prestigious Laureleaf Community, This Custom Built Bungalow Presents A Rare Chance To Secure A Premium Property In One Of The Area's Most Established Estate Neighbourhoods. Surrounded By Newly Built Multi Million Dollar Homes And Quiet, Mature Streets, This Address Offers Long Term Value And Exceptional Potential. Built In 1972 And Offered For Sale For The First Time, The Home Features Solid Construction, Generous Room Sizes, And Excellent Bones. It's An Ideal Canvas For A Designer Led Renovation Or A Complete Rebuild, Allowing You To Shape The Property To Your Vision. The Walk Out Basement With A Separate Entrance Provides Natural Flexibility For A Secondary Suite, Multi Generational Living, Or A Private Workspace. Laureleaf Is Known For Its Large Lots, Peaceful Setting, And Proximity To Top Amenities. Convenient Access To Bayview Avenue, Highway 404, And Highway 407 Makes Commuting Simple. Nearby Destinations Include Thornhill Community Centre, Loblaws, Longo's, Markville Mall, And A Wide Selection Of Parks, Trails, And Recreation Options. Families Will Appreciate The Close Proximity To Highly Regarded Schools Such As St. Robert CHS, Bayview Glen PS, And Several Strong Public And Private Choices. With Its Prime Location, Deep Lot, And Strong Surrounding Property Values, 56 Apricot Street Offers An Outstanding Opportunity To Create A Signature Home In One Of Markham's Most Desirable Luxury Pockets.

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active

$1,449,888 - 56 Apricot Street, Markham

Detached for Sale in Markham

Popular Listing

Neighbourhood: Bayview Glen

5Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
N13823478
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Taxes (2025)
$7,668
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

***56 Apricot Street - Prime Laureleaf Opportunity*** Situated On A 50 By 150 Foot Lot In The Heart Of Markham's Prestigious Laureleaf Community, This Custom Built Bungalow Presents A Rare Chance To Secure A Premium Property In One Of The Area's Most Established Estate Neighbourhoods. Surrounded By Newly Built Multi Million Dollar Homes And Quiet, Mature Streets, This Address Offers Long Term Value And Exceptional Potential. Built In 1972 And Offered For Sale For The First Time, The Home Features Solid Construction, Generous Room Sizes, And Excellent Bones. It's An Ideal Canvas For A Designer Led Renovation Or A Complete Rebuild, Allowing You To Shape The Property To Your Vision. The Walk Out Basement With A Separate Entrance Provides Natural Flexibility For A Secondary Suite, Multi Generational Living, Or A Private Workspace. Laureleaf Is Known For Its Large Lots, Peaceful Setting, And Proximity To Top Amenities. Convenient Access To Bayview Avenue, Highway 404, And Highway 407 Makes Commuting Simple. Nearby Destinations Include Thornhill Community Centre, Loblaws, Longo's, Markville Mall, And A Wide Selection Of Parks, Trails, And Recreation Options. Families Will Appreciate The Close Proximity To Highly Regarded Schools Such As St. Robert CHS, Bayview Glen PS, And Several Strong Public And Private Choices. With Its Prime Location, Deep Lot, And Strong Surrounding Property Values, 56 Apricot Street Offers An Outstanding Opportunity To Create A Signature Home In One Of Markham's Most Desirable Luxury Pockets.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,413.34/mo

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5-yr fixed avg.

Principal: $1,159,910Interest: $764,092
Mortgage Amount$1,159,910
Total Interest$764,092
Est. Property Tax$1,027/mo
Total Cost$1,924,002

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: Bayview Glen

Discover Bayview Glen

Bayview Glen 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 Bayview Glen

  • •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

Bayview Glen 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

56 Apricot Street, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,027
Insurance (est.)-$302
Net Cash Flow+$2,271

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 $1318/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.

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 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 Bayview Glen

I know Bayview Glen 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 $6,041 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    56 Apricot Street, Markham | $1,449,888 | Battaglia Team