$3,998,888 - 9 Alai Circle, Markham
Detached for Sale in Markham
32 days on market- MLS Number
- N13116344
- Property Type
- Detached
- Status
- active
- Days on Site
- 32
- Bedrooms
- 8
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX METROPOLIS REALTY
*NEW PRICE!* Offered For The First Time Ever! A Rare Markham's Bridle Path Custom Estate In The Heart Of It All. Set On An Impressive 88ft x 137ft Lot With Almost 8000sf Of Living Space, This Exceptional Custom Estate Has Been Meticulously Maintained Since Day One And Thoughtfully Renovated With Modern, Sophisticated Finishes Throughout. Tucked Away On A Quiet, Prestigious Circle, The Home Offers Complete Privacy While Remaining Just Minutes From Every Urban Convenience. From The Moment You Enter, You're Greeted By A Grand Double Staircase, Dramatic Skylight, And Soaring 10-Foot Ceilings That Set The Tone For The Home's Elegant Scale And Craftsmanship. Boasting 5+3 Bedrooms And 7 Bathrooms. Every Bedroom Is Equipped With a Full Ensuite Bathroom. A Main-Floor Bedroom Provides The Perfect Setup For An In-Law Suite Or Guest Retreat. This Residence Is Designed For Both Grand Entertaining And Comfortable Everyday Living. Noteable Highlights Include A Rare Half-Circle Driveway, Professionally Landscaped Grounds, A Massive Backyard With A Private Loggia. The Chef's Kitchen Is Equipped With Top-Of-The-Line Stainless Steel Appliances, While Premium Finishes Such As Hardwood Flooring Throughout, Oversized 3' x 6' Tiles On The Main Floor, Detailed Trimwork, And A Metal Roof With Lifetime Warranty Elevate The Home's Quality And Value. The Fully Finished Lower Level Is An Entertainer's Dream, Featuring A Show-Stopping Bar, Full Kitchen, Recreation Area, Living Room, And A Versatile Flex Space Ideal For A Bedroom, Wellness Studio, Or Home Theatre. Ideally Located Just Minutes From Downtown Markham, Top-Ranked IB Schools, York University's Markham Campus, GO Train Stations, Highway 407, And Premier Shopping Destinations Such As CF Markville Mall. This Home Delivers An Unparalleled Lifestyle Of Luxury, Convenience, And Prestige. A Truly Rare Offering In One Of Markham's Most Distinguished Estate Neighbourhood. This Is A Once-In-A-Lifetime Opportunity To Own Something Truly Special.
Estimate your monthly payments for this property
Estimated Payment
$17,688.43/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.
9 Alai Circle, 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
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 32 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 8 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 7 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.