8 Cachet Parkway, Markham

Price: $8,880,000

6 bedrooms, 9 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12864864

Set within one of Markham's most prestigious residential enclaves, 8 Cachet Parkway is a striking example of contemporary luxury architecture, masterfully conceived by renowned Canadian architect David Small. Designed with an emphasis on clean lines, natural light, and sophisticated spatial flow, the home effortlessly blends modern design with warm, livable elegance.From the moment of arrival, the residence presents a commanding presence. A refined façade of stone, glass, and architectural detailing creates a dramatic yet timeless aesthetic, while expansive floor-to-ceiling windows invite natural light to cascade throughout the home.Inside, the residence unfolds through a series of thoughtfully curated living spaces where scale and proportion are perfectly balanced. The heart of the home showcases a spectacular open-concept living environment, highlighted by soaring 20-foot windows that frame tranquil views of the surrounding ravine, creating a breathtaking connection between indoor and outdoor living. This space flows seamlessly into the dining area and a designer kitchen crafted for both elevated entertaining and everyday living, featuring premium materials, custom millwork, and curated finishes.Grand principal rooms are complemented by more intimate spaces, allowing the home to transition effortlessly between refined entertaining and comfortable family living. Private quarters offer serene retreats, with luxurious bedroom suites designed for ultimate comfort and privacy. The primary suite serves as a true sanctuary, complete with spa-inspired amenities and peaceful natural vistas.Outdoors, beautifully landscaped grounds extend the living experience with terraces and gardens designed for relaxation and entertaining alike.8 Cachet Parkway is more than a residence - it is a carefully composed architectural experience where modern design, craftsmanship, and lifestyle converge. A world of magnificence awaits

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$8,880,000 - 8 Cachet Parkway, Markham

Detached for Sale in Markham

96 days on market
6Beds
9Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12864864
Property Type
Detached
Status
active
Days on Site
96
Bedrooms
6
Bathrooms
9
Square Feet
5,000+ sqft
Neighbourhood
Markham
Listing Brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED
Description

Set within one of Markham's most prestigious residential enclaves, 8 Cachet Parkway is a striking example of contemporary luxury architecture, masterfully conceived by renowned Canadian architect David Small. Designed with an emphasis on clean lines, natural light, and sophisticated spatial flow, the home effortlessly blends modern design with warm, livable elegance.From the moment of arrival, the residence presents a commanding presence. A refined façade of stone, glass, and architectural detailing creates a dramatic yet timeless aesthetic, while expansive floor-to-ceiling windows invite natural light to cascade throughout the home.Inside, the residence unfolds through a series of thoughtfully curated living spaces where scale and proportion are perfectly balanced. The heart of the home showcases a spectacular open-concept living environment, highlighted by soaring 20-foot windows that frame tranquil views of the surrounding ravine, creating a breathtaking connection between indoor and outdoor living. This space flows seamlessly into the dining area and a designer kitchen crafted for both elevated entertaining and everyday living, featuring premium materials, custom millwork, and curated finishes.Grand principal rooms are complemented by more intimate spaces, allowing the home to transition effortlessly between refined entertaining and comfortable family living. Private quarters offer serene retreats, with luxurious bedroom suites designed for ultimate comfort and privacy. The primary suite serves as a true sanctuary, complete with spa-inspired amenities and peaceful natural vistas.Outdoors, beautifully landscaped grounds extend the living experience with terraces and gardens designed for relaxation and entertaining alike.8 Cachet Parkway is more than a residence - it is a carefully composed architectural experience where modern design, craftsmanship, and lifestyle converge. A world of magnificence awaits

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$39,279.24/mo

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5-yr fixed avg.

Principal: $7,104,000Interest: $4,679,771
Mortgage Amount$7,104,000
Total Interest$4,679,771
Est. Property Tax$6,290/mo
Total Cost$11,783,771

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.

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Neighbourhood Guide: Markham

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

8 Cachet Parkway, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,600/mo
Range: $4,760 - $6,440
Cap Rate (ROI)
-0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,600
Maintenance Fees-$0
Property Tax (est.)-$6,290
Insurance (est.)-$1,850
Net Cash Flow-$2,540

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1776/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 96 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 6 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 9 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.

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    8 Cachet Parkway, Markham — $8,880,000 | Battaglia Team