2946-2956 Elgin Mills Road, Markham, ON
Property Highlights
Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of Victoria Square. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $13,000,000 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.
- 42 Bedrooms and 36 Bathrooms with 12 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 150 x 99 ft lot
- Features a finished, walk-up, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 24.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Built-In Oven, Auto Garage Door Remote, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Investment Property With Elevator $$$$Luxury Developed Opportunity - Prime Location Near Elgin Mills & Hwy 404. A Rare Offering Of 6 Luxury Semi-Detached Residences Situated On A Private Road With The Potential To Create An Exclusive Gated Community.Each Home Features 5 Spacious Bedrooms, ELEVATOR Accessing All 4 Levels For Convenience. 4-Car parking, Fully Finished Basement With Separate Walk Up Entrance With 1bedroom suite, Currently In The Process Of Conversion To12 Residential units. Strong Potential To Expand To 18 Units, Maximizing Density And Investment Return.Offering Convenient Access To Major Routes, Amenities, And Future Growth. An Exceptional Opportunity For Investors Or Developers Seeking A High-End, Income-Generating Project With Significant Upside. The Most Breathtaking Brand-New Luxury Residences Located In The Sought After Community Of Victoria Square. With $100k+ Upgraded Blending Modern Luxury With Timeless Elegance.Offers Approximately 3700 Sq Ft Of Finished Luxury Living Space Formal Living And Dining For Large Gatherings And Walk-Out To A Large Terrace. A Gourmet Kitchen At The Heart Of The Home Featuring Built-In Appliances, Custom Cabinetry And A Grand Island. The Perfect Retreat For A Multi-Generational Family With A Finished Basement. A Large Master Bedroom With A Walk-Out To A Private Terrace. All 6 Semi-Detached Combined 30 Above Ground Rooms And 6 Rooms In The Bsmt. (Elevator, Alarm System, Ev Charger, Smart Thermostat, Pot lights & Harwood Flooring Through The House)
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Interior Features
Built-In Oven, Auto Garage Door Remote, Central Vacuum, ERV/HRV
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Pricing & Value Insights
Data-driven valuation for 2946-2956 Elgin Mills Road E, Markham, ON L6C 1K9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $13,000,000 in Markham, the legal minimum down payment is $2,600,000 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 $311,475 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 $311,475.
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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.