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Grandview, Markham
$1,499,000
Exceptional Opportunity at 164 Steeles Ave E! Welcome to this renovated home situated on an impressive 52.5 x 125 ft lot with R4 zoning, wide frontage, abundant parking, and a 2-car garage. Offering more than 2,000 sq. ft. of finished living space, including the basement, this property combines move-in-ready comfort, exceptional flexibility, and outstanding future potential. Ideally located along the rapidly evolving Steeles Avenue corridor, surrounded by major development activity and just minutes from Yonge & Steeles. The future Steeles Station of the Yonge North Subway Extension is underway, while higher-density development planned throughout the surrounding area further enhances the property's long-term appeal and potential. The home has been extensively upgraded, with virtually everything completed within the last three years. Improvements include updated electrical wiring, new 200-amp electrical service and panel, rough-in for an EV charger in the garage, updated plumbing, newer windows, newer furnace and heat pump, New attic insulation, LED pot lights throughout, hardwood flooring, newer doors, modern stairs and railings, and contemporary finishes throughout. Designed for maximum flexibility, the home features two full kitchens with new cabinetry and luxury appliances, two laundry areas, two gas fireplaces, generous closet space, and a beautifully finished basement with elegant porcelain tile flooring. The finished walkout basement provides additional living space with income potential. Additional features include fully renovated bathrooms with glass shower enclosures, modern vanities and fixtures, rough-in for an outdoor natural gas BBQ, newly paved exterior. Don't Miss the opportunity, Show with Confidence.
No extras listed.
Visit this home
Open houses
Sat, Sep 12
2:00 PM – 5:00 PM
Sun, Sep 13
2:00 PM – 5:00 PM
Sat, Sep 19
2:00 PM – 5:00 PM
Sun, Sep 20
2:00 PM – 5:00 PM
Or pick a time that works for you.
This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,612 |
| Lot Size | 52.55 ft x 125.14 ft |
| mls© Number | N13764198 |
| Listed By | HOMELIFE/BAYVIEW REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,673
- Property tax
- $634
- Heat allowance
- $150
- Housing costs
- $8,457 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$260,000
gross annual household income
- Payment at 4%
- $6,308 / mo
- Cash down
- $299,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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