56 Cachet Parkway, Markham, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Devil's Elbow. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $3,388,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 134 x 463.93 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Built-In Oven, Central Vacuum, Sauna
- equipped with central air central cooling and highly efficient water heating via gas
Description
56 Cachet Parkway is a truly exceptional property and a rare opportunity to own prime real estate with boundless potential on a magnificent 1.4-acre lot. This meticulously maintained 1970s bungalow sits on a blank canvas, ready to be transformed into a stunning modern residence or serve as the foundation for a new, custom-built luxury mansion. For builders and visionaries, the expansive grounds, adorned with mature trees and backing onto a serene city park, provide the perfect foundation to create a custom legacy estate.The current bungalow is a testament to thoughtful design and care. It offers abundant living space, including a living and dining room overlooking the lush backyard, a kitchen with a breakfast area opening to a covered terrace, a cozy family room, and four bedrooms. The oversized primary suite features a walk-in closet and semi-ensuite. The finished lower level is an entertainer's sanctuary, boasting a recreation room with a wet bar, a TV room, a games room, an exercise room, a sauna, and an indoor pool with two change rooms. An attached two-car garage provides convenience and additional storage. Living on Cachet Parkway offers more than just a home; it is a lifestyle. This family-friendly community is renowned for its quiet streets, top-tier schools, and welcoming atmosphere. You'll be minutes from premium amenities like the Angus Glen Golf Club, a community centre, and excellent shopping at centres like King Square and Markville Mall. With easy access to major highways, including the 404 and 407, your commute is effortless. This is a once-in-a-lifetime opportunity to own a property that combines a fantastic location with endless potential. 56 Cachet Parkway is a perfect investment in a life of luxury, privacy, and convenience.
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Property Summary
This detached home located at 56 Cachet Parkway, Markham is currently for sale and has been available on SousaSells for 281 days. This property is listed at $3,388,000 with an estimated mortgage of $11,277* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 56 Cachet Parkway, Markham is in the Devil's Elbow neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Greenbelt/Conservation, Wooded/Treed, Rec./Commun.Centre, School, Library
Interior Features
Built-In Oven, Central Vacuum, Sauna, Water Heater Owned, Water Softener
Security Features
Carbon Monoxide Detectors, Security System
Community Features
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Location
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 56 Cachet Parkway, Markham, ON L6C 1C2
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 $3,388,000 in Markham, the legal minimum down payment is $677,600 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 $71,175 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 $71,175.
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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.