$8,800,000
Markham
15 Sylvia Court, Markham (Devil's Elbow), Ontario, L6C1B1
This 6-bedroom, 7-bathroom home in Markham is for sale.
** The Grand Palazzo Cachet ** A rare opportunity to own one of Markham's most distinguished luxury residences. Set on *1.93 acres* in prestigious *Cachet Estates*, The Grand Palazzo Cachet is an extraordinary Italian Renaissance-inspired estate offering over 15,000 square feet of luxurious living space*, timeless European elegance, exceptional craftsmanship, and unparalleled privacy. A stately arrival introduces interiors of remarkable scale and sophistication, featuring soaring ceilings, exquisite architectural detailing, custom millwork, imported finishes, and *radiant heated limestone floors throughout *. Every element has been thoughtfully designed to create an atmosphere of warmth, grandeur, and refined living. The magnificent Great Room serves as the heart of the residence, seamlessly combining an elegant living room and piano salon. Bathed in natural light, multiple French doors open onto an expansive terrace framed with elegant wrought-iron detailing, creating a seamless indoor-outdoor setting ideal for sophisticated entertaining, musical evenings, and cherished family gatherings. The home offers beautifully appointed formal entertaining spaces, inviting family areas, and a gourmet kitchen designed for both everyday living and exceptional hospitality. Luxurious bedroom suites provide comfort and privacy, while the impressive primary retreat offers a spa-inspired ensuite and refined dressing areas. The expansive walk-out lower level extends the living experience with versatile spaces for recreation, entertainment, relaxation, and multi-generational living, all opening directly to the spectacular grounds. Outside, professionally landscaped gardens, mature trees, manicured lawns, elegant terraces, and a *private tennis court* create a private European-inspired retreat rarely found in the Greater Toronto Area. Ideally located in Cachet Estates, close to renowned schools, championship golf courses, dining, shopping, and major transportation. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 120 days on market, against an average age of 70 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 6-bed single family in Markham (Devil's Elbow) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $8,800,000, about 74.6× the local median household income of $118,000.
Carrying it typically needs a household income of about $1,718,948 (20% down, 25-yr amortization, stress-tested) — roughly 1357% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6C)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.