$12,000,000 - 113 Elgin Street, Markham
Detached for Sale in Markham
51 days on market- MLS Number
- N13034458
- Property Type
- Detached
- Status
- active
- Days on Site
- 51
- Bedrooms
- 5
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Markham
- Listing Brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Offered fully furnished, The One presents a rare turnkey opportunity for the most discerning buyer. Every room has been professionally designed and thoughtfully curated, allowing for a seamless transition into refined living. From bespoke furnishings to designer lighting and artful details, this residence is ready to be enjoyed from day one - simply arrive with your suitcase. The ONE - A Cutting-Edge Escape Beyond Imagination that unites architecture, innovation, and nature in flawless harmony. Designed by David Small Architects with interiors by Coz Design Inc., this modern masterpiece redefines luxury through serene sophistication and bold contemporary expression. Expansive glass, natural limestone, and seamless indoor-outdoor transitions dissolve boundaries between home and horizon.Interiors flow in a soft, neutral palette with custom Italian millwork, quarter-sawn walnut, and elegant stone detailing. The chef's kitchen, with granite waterfall island, Miele appliances, Muti cabinetry, and Bertazzoni double oven, pairs with a prep kitchen and walk-through servery for effortless entertaining. The owner's suite offers a private terrace, Large terrace with saltwater pool views, spa-inspired ensuite and fully appointed dressing room. Three additional suites feature breathtaking vistas and refined finishes. Smart home automation, private three-floor elevator, and discreet staff corridors elevate daily living. The lower level invites indulgence with a home theatre, glass wine cellar, nanny suite, fitness studio with Himalayan salt-wall sauna, and entertainment lounge. Outdoors, The One backs onto natural conservation land, so that you can naturally enjoy a covered living room with phantom screens, wood-burning fireplace, TEC grill, saltwater infinity edge pool and hot tub merging with the horizon. A year-round pool house with gourmet kitchen, pizza oven, and Kalamazoo grill completes this resort-inspired estate. A world of magnificence awaits!
Estimate your monthly payments for this property
Estimated Payment
$53,080.05/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Markham
Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
113 Elgin Street, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $2400/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 51 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 8 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.