$2,880,000

For sale

26 Alai Circle, Markham (Milliken Mills East) - Single Family for Sale

26 Alai Circle, Markham (Milliken Mills East), Ontario, L3R1E2

6 beds8 baths9 parking101 × 92 ft (9,359 sq ft) lot sizeListed 48 days ago

Overview

This 6-bedroom, 8-bathroom home in Markham is for sale. It has been on the market 48 days, fresher than the Markham average of 54 days.

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Description

An Exquisite Custom-Built Estate Showcasing Exceptional Craftsmanship And Meticulous Attention To Detail Throughout. Nestled Within Markham's Most Prestigious Custom Estate Enclave, This Remarkable Residence Offers 5+1 Bedrooms and 8 Bathrooms Spanning Over 5,000 sq. ft. Of Impeccably Finished Living Space, Blending Timeless Elegance With Premium Materials. The Striking Limestone Exterior And Luxury Windows Set The Tone, Complemented By A Stamped Concrete Driveway And An Impressive 3-Car Garage. Soaring 10- And 16-Foot Ceilings On The Main Level And 9-Foot Ceilings In The Professionally Finished Basement Create A Grand Sense Of Scale. Rich Hardwood Flooring, Detailed Crown Moldings, And Thoughtfully Placed Pot Lights Enhance The Refined Interiors, While A Dramatic Oversized Skylight Floods The Home With Natural Light. The Gourmet Kitchen Is Beautifully Appointed With Luxurious Stone Countertops And Flooring, Designed For Both Elegance And Function. A Magnificent Grand Circular Staircase Anchors The Home, Rising From An Impressive Front Foyer That Leaves A Lasting First Impression. The Exquisitely Finished Lower Level Offers A Private Sauna, Creating A Spa-Inspired Retreat Within The Home. (id:66096)

Property Details

MLS®: N13795832
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 5 above · 1 below
Bathrooms: 8
Half Baths: 1
Parking: 9
Lot Size: 101 × 92 ft (9,359 sq ft)
Frontage: 101 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $14,825/yr
Listed

Rooms

Main level

Living room: 5.88 x 3.17 meters
Dining room: 5.1 x 4.23 meters
Family room: 6.29 x 6.66 meters
Kitchen: 6.45 x 4.05 meters
Office: 3.2 x 4.29 meters

Lower level

Great room: 6.29 x 6.66 meters
Bedroom: 3.22 x 4.42 meters

Second level

Primary Bedroom: 8.07 x 8.1 meters
Bedroom 2: 3.06 x 5.69 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Oven - Built-In, Window Coverings, Garage door opener remote(s)
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Stone
Lot Features: Sauna

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Markham (Milliken Mills East) listings, avg age

54d

List price

$2.88M

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.

Haho

This 6-bed single family in Markham (Milliken Mills East) has been listed for 48 days, which is 6 days fresher than the city average of 54. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · Patrick Posh

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $2,880,000, about 31.0× the local median household income of $93,000.

Carrying it typically needs a household income of about $562,565 (20% down, 25-yr amortization, stress-tested) — roughly 505% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$2,880,000

For sale

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Full Cost Breakdown

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Down Payment20% · $576,000

Min 20%50%

Mortgage payment$12,282/mo

Property tax (est.)$1,235/mo

Total monthly$13,518

Cash Needed to Close

Down payment (20%)$576,000

Land transfer tax$58,475

Est. closing costs$11,140

Total cash needed$645,615

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