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Devil's Elbow, Markham
$3,899,000
Exceptional estate residence in one of Markham's most prestigious luxury enclaves. Situated on a premium 1-acre lot with over 270 ft of frontage, this impressive home offers more than 6,000 sq.ft. of elegant living space surrounded by mature trees and exceptional privacy. Thoughtfully designed for refined living and upscale entertaining, featuring a renovated family room overlooking the park-like backyard, a gourmet kitchen with Sub-Zero and built-in appliances, and a bright living room with soaring 10-ft ceilings and skylights. Resort-style outdoor setting with professionally landscaped grounds, mature trees, gazebo, new fencing, and a rare private tennis court - a truly unique feature seldom found in the area. Additional highlights include games room, media room, wine cellar, sprinkler system, crown mouldings, pot lights, and three fireplaces. Located in a top-ranked school district, minutes to Hwy 404, golf courses, community centre, skating arena, and library. A rare offering for end-users seeking estate living or developers envisioning a future landmark property in a premier location.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $16,218 |
| Lot Size | 270.37 ft x 135.07 ft |
| mls© Number | N12874106 |
| Listed By | HC REALTY GROUP 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%
- $19,957
- Property tax
- $1,352
- Heat allowance
- $150
- Housing costs
- $21,458 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$660,000
gross annual household income
- Payment at 4%
- $16,408 / mo
- Cash down
- $779,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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