15 Sylvia Court, Markham, ON

$8,800,000
MLS#:N13537014
6 beds
7 baths
5000 + sqft
20.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Devil's Elbow. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $8,800,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 7 Bathrooms with 2 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 280.27 x 306.54 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 20.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Atrium, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

** The Grand Palazzo Cachet ** A rare opportunity to own one of Markham's most distinguished luxury residences. Set on *1.93 acres* in prestigious *Cachet Estates*, The Grand Palazzo Cachet is an extraordinary Italian Renaissance-inspired estate offering over 15,000 square feet of luxurious living space*, timeless European elegance, exceptional craftsmanship, and unparalleled privacy. A stately arrival introduces interiors of remarkable scale and sophistication, featuring soaring ceilings, exquisite architectural detailing, custom millwork, imported finishes, and *radiant heated limestone floors throughout *. Every element has been thoughtfully designed to create an atmosphere of warmth, grandeur, and refined living. The magnificent Great Room serves as the heart of the residence, seamlessly combining an elegant living room and piano salon. Bathed in natural light, multiple French doors open onto an expansive terrace framed with elegant wrought-iron detailing, creating a seamless indoor-outdoor setting ideal for sophisticated entertaining, musical evenings, and cherished family gatherings. The home offers beautifully appointed formal entertaining spaces, inviting family areas, and a gourmet kitchen designed for both everyday living and exceptional hospitality. Luxurious bedroom suites provide comfort and privacy, while the impressive primary retreat offers a spa-inspired ensuite and refined dressing areas. The expansive walk-out lower level extends the living experience with versatile spaces for recreation, entertainment, relaxation, and multi-generational living, all opening directly to the spectacular grounds. Outside, professionally landscaped gardens, mature trees, manicured lawns, elegant terraces, and a *private tennis court* create a private European-inspired retreat rarely found in the Greater Toronto Area. Ideally located in Cachet Estates, close to renowned schools, championship golf courses, dining, shopping, and major transportation.

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Key Features

Bedrooms
6
Bathrooms
7
Kitchens
2
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementPartially Finished
Lot Size280.27 × 306.54 Feet
CountyYork
Annual Tax$36,758
Legal DescriptionPCL 39-1 SEC 65M2385; LT 39 PL 65M2385; S/T LT292047,LT292049 TOWN OF MARKHAM

Parking & Garage

Parking Spaces20.0
Garage Spaces16
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Cul de Sac/Dead End, Golf, Greenbelt/Conservation, Wooded/Treed, Hospital

Interior Features

Air Exchanger, Atrium, Auto Garage Door Remote, Built-In Oven, Central Vacuum, ERV/HRV

Security Features

Community Features

Location

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15 Sylvia Court, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 15 Sylvia Court, Markham, ON L6C 1B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate5.25%
Down Payment$1,760,000 (20.0%)
* Minimum Canadian down payment required for this price is $1,760,000.
Amortization Period25 Years
Estimated Monthly Payment$41,953Based on a loan of $7,040,000 over 25 years.
Purchase Price$8,800,000
Loan Amount$7,040,000
Provincial Land Transfer Tax:$206,475
Total Estimated Closing Taxes:$206,475

About Purchasing a Home in Markham, ON

For a property listed at $8,800,000 in Markham, the legal minimum down payment is $1,760,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $206,475 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $206,475.

Nearby Listings

Distance:

No current listings found in Markham.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Devil's Elbow, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$4,220,406

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Lincoln Alexander
Public38 Hillmount Road, Buttonville, Markham, Ontario, L6C 2H4
9.0
Beckett Farm
Public78 Beckett Avenue, Unionville, Markham, Ontario, L6C 0T3
8.1
Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.