40 Highland Park Boulevard, Markham, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Grandview. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,295,000 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50.06 x 140.16 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Located in the highly desirable Grandview community of Markham, this property is ideally positioned within the Yonge & Steeles Major Transit Station Area (MTSA) - one of the GTA's most strategic growth corridors. Situated on a premium South-facing 50 x 140 ft lot, this detached bungalow presents a rare opportunity for end-users, investors, or builders seeking long-term value.The home features 4+1 bedrooms, a functional open-concept main floor, and a separate entrance to a finished basement, offering flexibility for extended family living or future rental potential. The property benefits from close proximity to the future Yonge North Subway Extension and planned intensification initiatives, enhancing long-term redevelopment and investment appeal. Conveniently located just steps to Yonge Street, Centrepoint Mall, grocery stores, restaurants, public transit, and top-ranked schools, Henderson Ave P.S., Thornhill Secondary School, with easy access to Highways 401, 404, 407, Highway 7, and nearby GO Stations. The spacious backyard offers ample room for outdoor entertaining, a play area, or a future pool. Surrounded by multi-million-dollar homes, this is a rare opportunity to renovate, build, invest, or enjoy now in a prime and evolving neighbourhood.
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Pricing & Value Insights
Data-driven valuation for 40 Highland Park Boulevard, Markham, ON L3T 1B3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $1,295,000 in Markham, the legal minimum down payment is $259,000 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 $22,375 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 $22,375.
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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.