27 Elm Street, Markham, ON
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Old Markham Village. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,988,800 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 6 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 66 x 166.8 ft lot
- Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Bar Fridge, Central Vacuum, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Presenting a rare opportunity to own an inviting, custom-built executive bungaloft backing onto a serene ravine, on one of Markham's most picturesque streets, in highly sought-after Old Markham Village. Situated on dream, resort-style, premium and oversized (66 ft x 167ft) lot, 27 Elm Street is just steps from the shoppes and restaurants of historic Main Street Markham, many lush trails, the Markham Go, highways 407/404, steps to excellent schools, multiple parks and all conveniences. Meticulously maintained by its original owners and full of timeless charm, this ideally laid out 4 bedroom, 6 bathroom beauty is equipped with a three-car (two-door tandem) garage and all the modern luxuries for everyday living and year-round entertaining. Featuring a grand, open concept floor plan and a main level principal suite, this custom family home with luxury finishes comes complete with a sunny, oversized, gourmet eat-in kitchen overlooking the bright, spacious living space with multiple walk-outs; a grand dining room with a servery; a main level den overlooking the front courtyard; 3 additional upper level bedrooms and two full bathrooms; a recreational-style lower level with a bonus room/exercise room/bedroom, a full bathroom and wine cellar; an entertainers delight backyard with a covered terrace with built-in bbq bar that overlooks the resort-style patio with a saltwater pool, waterfalls, cabana, bathroom/change room and an outdoor shower++ The backyard escape merges the beauty of nature with the comforts of the indoors and it is sure to be a favourite spot for enjoying morning coffee, family fun, endless gatherings and a delightful night cap. Come join the vibrant, family-friendly Markham Village community at this custom, modern cottage-like home in a private, lush setting in the city! ****SEE MEDIA LINK ATTACHED TO LISTING FOR DETAILED PHOTOS AND CINEMATIC WALK-THROUGH****
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Property Summary
This detached home located at 27 Elm Street, Markham is currently for sale and has been available on SousaSells for 395 days. This property is listed at $3,988,800 with an estimated mortgage of $13,277* per month. It has 5 beds, 6 bathrooms, and is 3500-5000 square feet. 27 Elm Street, Markham is in the Old Markham Village neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Bar Fridge, Central Vacuum, Carpet Free, Other
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 27 Elm Street, Markham, ON L3P 2V3
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 $3,988,800 in Markham, the legal minimum down payment is $797,760 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 $86,195 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 $86,195.
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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.