$2,148,000
Markham
41 Elgin Street, Markham (Thornhill), Ontario, L3T1W5
This 9-bedroom, 4-bathroom home in Markham is for sale offering roughly 3,250 sq ft of space. It has been on the market 75 days, fresher than the Markham average of 95 days.
**Attention Builders, Investors & Visionary Homeowners! Rare Opportunity at 41 Elgin Street.**An extraordinary opportunity awaits on **Elgin Street, one of Markham's most prestigious and sought-after streets.** This exceptional lot, measuring approximately **55 ft. x 469 ft.**, offers a rare ravine-like setting with privacy, tranquility, and endless possibilities.Renovate the existing residence and enjoy a resort-style backyard retreat, or take advantage of the opportunity to create the luxury estate you have always envisioned. **Ready to build with permit approved for approximately 5,300 sq. ft. across the first and second floors, with approximately 7,000 sq. ft. of total luxury living space.**Ideal for builders, investors, and discerning homeowners, this remarkable property provides the perfect canvas for a spectacular custom residence with expansive living spaces, luxurious finishes, exceptional outdoor living, and a private backyard sanctuary.The extraordinary lot depth creates endless opportunities for gardens, recreation, entertaining, and creating a true family retreat. Located in a highly desirable and established neighborhood, 41 Elgin Street offers the perfect balance of prestige, privacy, and convenience, surrounded by top-rated schools, parks, shopping, restaurants, transit, and major amenities.Whether you are a builder seeking a showcase project, an investor looking for a premium opportunity, or a homeowner ready to create a legacy estate to renovate , this property delivers.** Renovate it. Expand it. Or build the home you've always dreamed of.****41 Elgin Street - a rare opportunity to create your legacy on one of Markham's finest streets. Truly a rare gem.** The property is being sold in "as-is, where-is" condition. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 75 days on market, against an average age of 95 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 9-bed single family in Markham (Thornhill) has been listed for 75 days, which is 20 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,148,000, about 22.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $419,580 (20% down, 25-yr amortization, stress-tested) — roughly 342% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3T)
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.