338 Steeles Avenue, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bayview Glen. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 121.1 x 150 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime Development Opportunity! Huge 121' x 150' lot in prestigious Bayview Glen. Renovated home with approx. 3100 sq.ft. above ground. Adjacent property (344 Steeles Ave E) also available, for a combined 242' x 150' parcel. Neighbouring lots at 330 & 336 Steeles Ave E have been approved for 17 double-car garage townhomes***exceptional redevelopment potential***
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Pricing & Value Insights
Data-driven valuation for 338 Steeles Avenue E, Markham, ON L3T 1A8
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About Purchasing a Home in Markham, ON
For a property listed at $2,599,000 in Markham, the legal minimum down payment is $519,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $51,450 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $51,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.