78 Elgin Street, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Thornhill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $5,495,000 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 8 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 105.12 x 288.32 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 15.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: On Demand Water Heater, Sauna, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A rare expression of timeless grandeur, Villa Imperium rises behind private gates in the heart of coveted Old Thornhill - set upon estate-like grounds of remarkable scale (over 7200 SF AG), privacy, and presence. Inspired by the great residences of Europe, this one-of-a-kind neoclassical masterpiece is defined by extraordinary craftsmanship seldom seen. A breathtaking arrival unfolds within a regal rotunda where double-height 20' ceilings, hand-painted Baroque murals, and a sweeping circular staircase create pure architectural theatre. Principal rooms are designed for elegance and occasion. Formal living and dining salons, each anchored by wood-burning fireplaces, evoke heritage and refinement. The luminous chef's kitchen, crowned by a vaulted glass ceiling, flows seamlessly to an expansive breakfast setting with a walkout to natures terrace.The primary suite offers dual walk-in wardrobes and a spa-inspired six-piece ensuite with vaulted ceiling. Generously appointed additional bedrooms feature walk-in closets and ensuites throughout.The lower level delivers an immersive lifestyle experience - full wet bar, home cinema, fitness studio, cedar sauna, additional bedroom, two full baths and a walkup to the verdant resort like yard .Outdoors, a shimmering pool is framed by lush, tree-lined privacy and expansive terraces - designed for grand entertaining and quiet retreat alike. A stately wrought-iron gated entrance and circular drive complete the sense of arrival.Moments to top-tier schools, elite golf clubs, fine dining, and transit. A residence without compromise. A world of magnificence awaits! **Some images in this listing have been enhanced using digital technology, including AI-assisted tools, for illustrative purposes only. Enhanced images may not accurately represent the current state of the property. Prospective buyers are advised to arrange a personal viewing to verify all details**
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Pricing & Value Insights
Data-driven valuation for 78 Elgin Street, Markham, ON L3T 1W6
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 $5,495,000 in Markham, the legal minimum down payment is $1,099,000 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 $123,850 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 $123,850.
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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.