MLS® listing
315 Markland Drive: detached house for sale
$1,699,000
From the listing brokerage
Set on a quiet stretch of Markland Drive, this beautifully renovated move in ready 4+1 bedroom, 4-bath residence backs directly onto the manicured fairways of Markland Wood Golf Club. It offers nearly 4000 sq ft of versatile living space across three levels, framed by mature trees and uninterrupted green views. A covered front porch welcomes you inside, where wide-plank flooring, a refreshed palette and a new staircase with black metal pickets set a light, modern tone. The living room is generous and sun-filled, and the formal dining room is finished with a chandelier and ceiling medallion, ready for entertaining. At the heart of the home is a new custom kitchen with stainless steel appliances, white shaker cabinetry, quartz counters, a subway tile backsplash, open wood shelving and a beverage fridge. Its bay-window breakfast nook overlooks the course. The family room has a fireplace and opens onto a large deck with views across the fairways, and a powder room and main-floor laundry with a separate entrance complete the level.Upstairs are four great size bedrooms, most dressed in California shutters. The primary suite has a walk-in closet and a 3-piece ensuite.The walkout lower level is designed for living. It features a 29 ft recreation room with a stone-surround wood-burning fireplace, a kitchenette, a renovated 3-piece bath with a large tiled shower, and a fifth bedroom with oversized windows facing the golf course. It's well suited for extended family or guests, and steps out to a covered stone patio and a private, tree-lined yard.A double garage completes the home. It's minutes to top-rated schools, parks, shopping, the 427, the QEW, Pearson and downtown Toronto.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Approximate age | 51-99 |
| Style | 2-Storey |
| Basement | Finished with Walk-Out, Separate Entrance |
| Lot width | 56.54 |
| Lot depth | 120 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 6 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $8,031 |
| Tax year | 2025 |
| Parking | Private Double |
| Interior features | Auto Garage Door Remote, Carpet Free, In-Law Capability, Storage, Water Heater, Built-In Oven, Countertop Range |
| Features | Fenced Yard, Golf, Park, Place Of Worship, Public Transit, School |
| View | Golf Course, Creek/Stream, Trees/Woods |
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS® W14130192.
About this detached house
315 Markland Drive is a 5 bedroom detached house in TRREB's Markland Wood community in Toronto, listed for sale at $1,699,000. The listing shows 4 bathrooms and 2000-2500 square feet. The style is given as 2-storey. The lot is listed as 56.54 by 120 feet. The listing gives the basement as finished with walk-out, separate entrance. It comes with 6 parking spaces and an attached garage according to the listing. The nearest main intersection given is Markland Drive & Bloor St W. The age is listed as 51-99 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 315 Markland Drive
At the asking price of $1,699,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,699,000 |
|---|---|
| Ontario land transfer tax | $30,455 |
| Toronto municipal land transfer tax | $30,455 |
| Both taxes | $60,910 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $339,800 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $8,031 a year, about $669 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,699,000, which is $529,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 56.54 by 120 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 315 Markland Drive
How much is land transfer tax on 315 Markland Drive?
At the asking price of $1,699,000 the Ontario tax is $30,455 and the Toronto tax is $30,455, $60,910 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 315 Markland Drive?
$339,800 at the asking price of $1,699,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 315 Markland Drive?
The listing shows $8,031 a year for 2025, about $669 a month.
Is 315 Markland Drive priced above or below the median?
It is listed at $1,699,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $529,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 315 Markland Drive?
Use the form on this page or call us. Quote MLS® W14130192. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 315 Markland Drive still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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