16 Wild Cherry Lane, Markham, ON

$3,488,000
MLS#:N13528808
6 beds
7 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Royal Orchard. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $3,488,000 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 3500-5000 sqft on a premium 55 x 109.1 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This Iconic Masterpiece Expertly Crafted In 2023, In The Prestigious Pocket of Royal Orchard On A Quiet Corner Lot, Boasting A Perfect Blend Of Contemporary/Modern Design, The Latest Tech&Comfort,Sophistication&Elegance >> 4,031 Sq.Ft + Finished W/O Basement >> Total ~ 5,700 S.F! This Beauty Delivers Extensive Use of Custom Millwork& Crafted Built-Ins Enriched with Modern Designer Stylish Accents: Blending Wood, Porcelain Slabs,Glass,Mirror,Custom Light Fixtures,Inlay Led Lighting& Other Trendy Materials! Timeless Curb Appeal with Quality Pre-Cast Facade! Wide 8" Engineered Hardwood Porcelain Slabs for Flrs! Open Concept Living/Dining/Staircase/Foyer&Library! A Comfortable Elevator with 3 Stops! Open Rising Main Staircase withTempered Glass Railing, Oak Hand-railing & Skylights Above. Elegant Modern Open Concept Library with Incredible Designer Accent Wall Includes Porcelain Slab& Hidden/Inlay Lighting, Custom Built-In Shelves! Main Level with 10' Ceiling, Large Dramatic Family Rm with Modern Wall Unit, Gas Fireplaces and A Decorative Wine/Drink Rack Walk-Out to A Family Sized Deck. The Chef-Inspired Kitchen Includes Quality Cabinetry, State-Of-The-Art Appliances, Island, Breakfast Bar, Countertops& An Extra Catering Kitchen/Servery. Amazing Guest Closets with Mirror and Fantastic Powder Rm with Magnificent Design. Upstairs with ~9' Cling Includes the Primary Suite Showcases a Designer Bed Board, Two-Way Fireplace, Boudoir Boutique Style Walk-In Closet& Make-Up Desk, Spa-Inspired 6-Pc Ensuite with Smart Toilet& Heated Flr. Additional 3 Bedrooms Offer Own Ensuite, and Walk-In Closet! The Finished Walk Out Lower Level Boasts 10' Clings, Heated Floors, A Beautiful Wall Unit, Center Island, Full 2nd Kitchen, Nanny Rm, 2nd Bedroom/Gym& 2nd Laundry Rm! Outside Features: Underground Irrigation System, Large Extra Side Yards, Fully Fenced Backyard and A Gate! Heated Flr: Foyer, Powder Rm, Basement, Garage,and Master Ensuite! Snow Melting for Driveway,Steps,Outside Landing.

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Key Features

Bedrooms
6
Bathrooms
7
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Other
BasementFinished with Walk-Out
Lot Size55 × 109.1 Feet
CountyYork
Annual Tax$13,852
Legal DescriptionLT 161 PL 7686 MARKHAM ; S/T MA57567 ASSIGNED BY R692069 ; MARKHAM

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Electric Car Charger, Fenced Yard, Public Transit

Interior Features

Auto Garage Door Remote, Carpet Free, Built-In Oven, ERV/HRV, Sump Pump

Security Features

Alarm System, Monitored, Security System

Community Features

Location

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16 Wild Cherry Lane, 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 16 Wild Cherry Lane, Markham, ON L3T 3T4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Market Trend
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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$697,600 (20.0%)
* Minimum Canadian down payment required for this price is $697,600.
Amortization Period25 Years
Estimated Monthly Payment$16,628Based on a loan of $2,790,400 over 25 years.
Purchase Price$3,488,000
Loan Amount$2,790,400
Provincial Land Transfer Tax:$73,675
Total Estimated Closing Taxes:$73,675

About Purchasing a Home in Markham, ON

For a property listed at $3,488,000 in Markham, the legal minimum down payment is $697,600 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 $73,675 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 $73,675.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Royal Orchard, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,571,052

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

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Secondary Schools

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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.