8 Cachet Parkway, Markham, ON

Devil's Elbow, Markham · MLS® N12864864

$8,880,000
For Sale
Listed 129 days ago
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6Bedrooms
9Bathrooms
4Garage · 24 parking
5,000Sq Ft

About this home

Set within one of Markham's most prestigious residential enclaves, 8 Cachet Parkway is a striking example of contemporary luxury architecture, masterfully conceived by renowned Canadian architect David Small. Designed with an emphasis on clean lines, natural light, and sophisticated spatial flow, the home effortlessly blends modern design with warm, livable elegance.From the moment of arrival, the residence presents a commanding presence. A refined façade of stone, glass, and architectural detailing creates a dramatic yet timeless aesthetic, while expansive floor-to-ceiling windows invite natural light to cascade throughout the home.Inside, the residence unfolds through a series of thoughtfully curated living spaces where scale and proportion are perfectly balanced. The heart of the home showcases a spectacular open-concept living environment, highlighted by soaring 20-foot windows that frame tranquil views of the surrounding ravine, creating a breathtaking connection between indoor and outdoor living. This space flows seamlessly into the dining area and a designer kitchen crafted for both elevated entertaining and everyday living, featuring premium materials, custom millwork, and curated finishes.Grand principal rooms are complemented by more intimate spaces, allowing the home to transition effortlessly between refined entertaining and comfortable family living. Private quarters offer serene retreats, with luxurious bedroom suites designed for ultimate comfort and privacy. The primary suite serves as a true sanctuary, complete with spa-inspired amenities and peaceful natural vistas.Outdoors, beautifully landscaped grounds extend the living experience with terraces and gardens designed for relaxation and entertaining alike.8 Cachet Parkway is more than a residence - it is a carefully composed architectural experience where modern design, craftsmanship, and lifestyle converge. A world of magnificence awaits

Key facts

Property type
Detached, 2-Storey
MLS®
N12864864
Bedrooms
6 (4 + 2)
Bathrooms
9 (1 half)
Size
5,000 sq ft
Lot
165 × 394.02 ft
Cross streets
Cachet Parkway / Warden Avenue
Parking
4 garage · 24 parking (attached)
Driveway
Private
Basement
Finished, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$33,018 / 2025
Days on market
129
Listing brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED

Rooms

Bedroom 4Second3.97 × 5.34 m

3 pc ensuite · w/o to terrace · walk-in closet(s)

BreakfastMain4.52 × 21.30 m

window floor to ceiling · overlooks ravine · w/o to patio

BathroomLower4.57 × 3.65 m

4 pc bath · sauna · heated floor

Bedroom 2Second4.27 × 4.57 m

3 pc ensuite · w/o to terrace · walk-in closet(s)

Game RoomLower4.41 × 4.90 m

open concept · walk-out · 2 way fireplace

Exercise RoomLower3.96 × 4.57 m

large window · mirrored walls

LaundrySecond2.77 × 2.90 m

laundry sink · tile floor · window

Family RoomMain4.75 × 8.83 m

2 way fireplace · folding door · window floor to ceiling

KitchenMain9.13 × 8.83 m

b/i fridge · b/i range · centre island

LibraryMain4.75 × 4.90 m

floor/ceil fireplace · hardwood floor · window floor to ceiling

BedroomLower5.18 × 4.60 m

3 pc bath · closet · window

Bedroom 5Lower2.80 × 3.53 m

3 pc bath · window

Dining RoomMain6.09 × 4.75 m

window floor to ceiling · overlooks frontyard · b/i shelves

BedroomSecond4.30 × 5.79 m

w/o to terrace · hardwood floor · gas fireplace

SittingMain4.26 × 3.96 m

b/i bookcase · hardwood floor · picture window

RecreationLower8.86 × 7.62 m

2 way fireplace · walk-out · open concept

OfficeMain4.27 × 4.87 m

b/i closet · b/i bookcase · large window

Bedroom 3Second4.27 × 4.57 m

3 pc ensuite · w/o to terrace · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On schools, this address is zoned for Pierre Elliott Trudeau HS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Warden Ave at Cachet Pkwy is about a 3-minute walk away.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Devil's Elbow · asking prices
$5.92Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

15 Sylvia Court$8.80M30 Bernadotte Drive$6.50M18 Walnut Glen Place$4.50M2 Glenridge Drive$3.90M

The 4 closest active listings nearby.

See all comparable homes
8.88MThis home8.80M6.50M4.50M3.90MThis home vs active comparables
Live market pulseActive comparables in Devil's Elbow · median list $4.88M
$1,776this home / sqft
7active listings nearby
129days on market

125 days longer than the Markham average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Devil's Elbow, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

29/ 100

Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Warden Ave at Cachet Pkwy, about 251 m away

20+ transit stops9 parks

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Victoria Manor-Jennings Gate
$2.17M
Berczy
$1.43M
Unionville
$2.16M
Buttonville
$1.69M
Raymerville
$1.37M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Unionville PS
76%
Unionville PSPublic · Elementary · JK-8 · 2.8 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$40,472/mo
$1625KIncome needed
5.5×Price ÷ income
$9,340Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

94%mortgage
Mortgage $40,472Property tax $2,752Total carry $43,224

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$37,910per month

Mortgage amount $7,104,000 · 4.14% over 25 years

$1,776,000Down payment (20.0%)
$7,104,000Loan before insurance
$0CMHC premium
$40,661Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$37,910
Property tax
$2,752
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$40,661

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$208,475
Estimated closing costs
$208,475

Plus your down payment of $1,776,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$46,045/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$4,268,874Total interest paid
$11,372,874Total of all payments
Principal $7,104,000 Interest $4,268,874
YearPrincipalInterestBalance
1$166,422$288,493$6,937,578
2$173,383$281,532$6,764,194
3$180,636$274,279$6,583,559
4$188,191$266,723$6,395,367
5$196,063$258,852$6,199,304
6$204,264$250,651$5,995,040
7$212,808$242,107$5,782,231
8$221,710$233,205$5,560,522
9$230,984$223,931$5,329,538
10$240,645$214,270$5,088,893
11$250,711$204,204$4,838,182
12$261,198$193,717$4,576,984
13$272,123$182,791$4,304,860
14$283,506$171,409$4,021,354
15$295,365$159,550$3,725,989
16$307,719$147,196$3,418,270
17$320,591$134,324$3,097,679
18$334,001$120,914$2,763,679
19$347,971$106,944$2,415,708
20$362,526$92,389$2,053,181
21$377,690$77,225$1,675,491
22$393,489$61,426$1,282,002
23$409,948$44,967$872,055
24$427,095$27,820$444,960
25$444,960$9,955$0

At the end of your 5-year term

Total paid over the term
$2,274,575
Principal paid down
$904,696
Interest paid
$1,369,879
Balance remaining
$6,199,304

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
0.9%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.4%
Gross yield
− Property tax $33,018− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $77,722

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.

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