$7,988,000 - 27 Elm Ridge Acres Road, Markham
Detached for Sale in Markham
37 days on market- MLS Number
- N13094924
- Property Type
- Detached
- Status
- active
- Days on Site
- 37
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Markham
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
This is a magnificent 2.71 ACRES Frank Lloyd Wright inspired property. Privately set well back from the street on an expansive, tree lined parcel, this architecturally striking residence offers a rare blend of seclusion, scale, and natural beauty. The understated front façade conceals a home of remarkable presence, where dramatic living spaces unfold with impressive volume and light. The home reflects a strong architectural identity defined by clean lines, organic integration with nature, and thoughtful spatial flow. Expansive windows and open sightlines blur the boundary between indoors and out, while the rear elevation reveals the home's true scale and design impact. Backing directly onto the Don River, with the property extending to the opposite bank, this setting is truly exceptional, offering complete privacy. Surrounded by mature trees and lush landscape, it delivers tranquility seldom found within the city, with uninterrupted seasonal views. The five bedroom layout is both functional and inviting, with generous principal rooms ideal for everyday living and sophisticated entertaining. Seamless indoor outdoor flow extends to a resort like setting. Outdoors, enjoy a concrete saltwater inground pool, gazebo, and private tennis court with lighting, perfect for entertaining or quiet relaxation in complete privacy. A truly distinctive offering, this is a rare opportunity to own an architecturally significant home on a river backing lot, combining natural beauty, privacy, and enduring design. Highlights: Expansive private tree lined lot; direct Don River frontage with land extending beyond; architecturally inspired design with dramatic rear elevation; five bedrooms with exceptional flow; concrete SALTWATER POOL; brightly Lit TENNIS COURT (EXTERIOR LIGHTING); RADIANT HEATED FLOORS; HEPA air filtration; SS with cameras; Wi Fi throughout, including the tennis/pool area; EV ready garage; UNDERGROUND SPRINKLERS; metal roof; unmatched privacy in a serene natural setting.
Estimate your monthly payments for this property
Estimated Payment
$35,333.62/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.
27 Elm Ridge Acres Road, 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 $1598/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.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 5 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.