18 Ridgevale Drive, Markham, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Box Grove. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,999,999 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 203.56 x 240 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 18 Ridgevale Drive! A Rare Home in Box Grove Community! Exceptional location! Discover this custom-built Executive Victorian-style home nestled in one of Markham's most desirable and high-demand neighborhoods. Situated on an expansive over one-acre lot, this property offers incredible land value in a street surrounded by multi-million-dollar custom homes. This grand home presents a unique opportunity for homeowners and developers alike with dual street access, making it ideal to build your dream estate or enjoy the existing elegant residence. Highlights include: Modern kitchen, Home theatre in the finished basement, Professionally landscaped backyard with Inground pool and interlocking stonework, In-ground sprinkler system, Park-like setting with mature trees and Municipal water available at the lot line. Conveniently located near Highway 407, top-rated schools, shopping, golf courses, and more. Windows and doors (2022), AC (2023) and Interlock in backyard (2024). This is a vibrant, family-friendly community where luxury meets lifestyle. Don't miss this exceptional property offered at an amazing price.
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Property Summary
This detached home located at 18 Ridgevale Drive, Markham is currently for sale and has been available on SousaSells for 376 days. This property is listed at $2,999,999 with an estimated mortgage of $9,986* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 18 Ridgevale Drive, Markham is in the Box Grove neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 18 Ridgevale Drive, Markham, ON L6B 1A8
Based on 0 recent similar sales in the pocket.
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 $2,999,999 in Markham, the legal minimum down payment is $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 $61,475 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 $61,475.
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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.