Rare find 52,517.07 ft (1.206 ac) ravine lot * H-U-G-E 100' frontage * Custom-built 1-of-A-Kind stately mansion in prime Bayview/Steeles million$ enclave * Breath-taking 4-season ravine view right in your backyard * ~10,000 sf total living space (incl fin walk-out basement) *Sun-filled home with south exposure * Total 7 bedroom, 5 on 2/F (2 ensuite, 2 semi-ensuite), 2 in basement * 8 WR * Private elevator on all 3 levels * 10'10' Ceiling (M/F) *3-car attached garage *Circular driveway with 10 parking spaces .... All in one: Entertainer's dream home + Gardener's delight + Naturalist's paradise * Stunning Edward's Garden-like garden with matured trees and green settings *Lush green private backyard with trees, flowers, stream running through the backyard, bridge, gazebo, child's play area -- absolutely picture-perfect setting for weddings, parties, special occasions *Grand 2-storey foyer with super dramatic double staircase *Huge chef's dream kit with centre island, greenhouse-like breakfast area *Grand LR, DR, FAM *Huge Library w/4-pc can be 8th bedroom *Finished Walk-Out basement with: 2BR, 2 baths (for guest or nanny), glass-blocked spa area with sauna & whirlpool, separate toilet/shower, kitchen, cedar closet *Basement can be self-contained unit with separate entrance for parents/newly weds/teens in a multi-generation family *2 separate stairs to basement + service entrance * 2 furnaces * Original owner since 1995 *House situated at the most vintage point on child-safe Cul-de-sac/Court, no side walk on street * Prestigious & secluded street only with multi-million$ estate lots, no semi/TH *No towering condos to the north for about 6 blocks (till Hwy 7) *Mins to Hwy 404/401/7 *Be sure to watch the drone video - absolutely breathtaking!
5 bedrooms, 7 bathrooms, about 5,000 sq ft, works out to roughly $1,098 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 51 Steele Valley Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Lot size
100.00 x 396.00 Feet (1.2 Acre - Ravine Lot - Irregular)52517 sq ft
Parking
13 spacesYes garage
Basement
Finished with Walk-Out, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
13
Interior
Basement
Finished with Walk-Out · Finished
Lot & land
Lot dimensions
100.00 x 396.00 Feet (1.2 Acre - Ravine Lot - Irregular)
Lot size (sqft)
52517
Lot features
Irregular Lot
Listing & possession
Property style
2-Storey
Property class
Detached
51 Steele Valley Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13231694$5,490,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 51 Steele Valley Rd Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$26,971
/mo
based on the purchase price of $5,490,000
$1,098,000 cash
$4,392,000 financed
$3,699,217 total interest
Principal54%$4,392,000
Interest46%$3,699,217
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Markham
Other 4–6 bed homes for sale in Markham around $5.5M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio99.3%On average, homes sold below asking.
Active listings1,509Homes for sale here right now.
Median vs prior 90 days+1.4%Compared with Apr 15 – Jul 14, 2026: prices up.
Based on 1,377 sales from Jul 14 – Oct 12, 2026 (767 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
51 Steele Valley Rd is listed at $5,490,000 (MLS® N13231694). Summitly updates the price as soon as the MLS® record changes.
Is $5,490,000 a good price for 51 Steele Valley Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Markham. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 51 Steele Valley Rd changed?
No — 51 Steele Valley Rd is still listed at its original asking price of $5,490,000.
How many bedrooms and bathrooms does 51 Steele Valley Rd have?
51 Steele Valley Rd has 5 bedrooms and 7 bathrooms, with about 5,000 square feet of living space. It is a detached home in Markham.
Is 51 Steele Valley Rd close to transit?
The nearest rapid-transit station is Old Cummer GO Station (Richmond Hill GO), about 2.9 km in a straight line. Finch Station is about 3.0 km, and Langstaff GO Station is about 3.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 51 Steele Valley Rd?
About $26,971 a month — principal and interest on $5,490,000 with 20% down ($1,098,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 51 Steele Valley Rd compare with other homes in Markham?
Its asking price of $5,490,000 is about 404% above the median sold price in Markham over the last 90 days, $1,090,000, across 1,377 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 51 Steele Valley Rd been sold before?
Summitly has no earlier MLS® sale or lease of 51 Steele Valley Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 51 Steele Valley Rd?
51 Steele Valley Rd is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 51 Steele Valley Rd been on the market?
133 days — 51 Steele Valley Rd was listed on June 1, 2026.
What is the price per square foot of 51 Steele Valley Rd?
About $1,098 per square foot: the asking price of $5,490,000 over the 5,000 sq ft the listing gives.
Does 51 Steele Valley Rd have parking or a garage?
Yes — the listing gives 13 parking spaces. Garage: Yes.