113 Elgin Street, Markham, ON

Thornhill, Markham · MLS® N13034458

$12,000,000
For Sale
Listed 150 days agoNo offer date statedSitting longer than typical
4+1Bedrooms
8Bathrooms
3Garage
5,000Sq ft

About this home

In short

  • Offered fully furnished, The One presents a rare turnkey opportunity for the most discerning buyer.
  • The chef's kitchen, with granite waterfall island, Miele appliances, Muti cabinetry, and Bertazzoni double oven, pairs with a prep kitchen and walk-through servery...
  • The owner's suite offers a private terrace, Large terrace with saltwater pool views, spa-inspired ensuite and fully appointed dressing room.
  • Outdoors, The One backs onto natural conservation land, so that you can naturally enjoy a covered living room with phantom screens, wood-burning fireplace, TEC grill...
  • A year-round pool house with gourmet kitchen, pizza oven, and Kalamazoo grill completes this resort-inspired estate.

Offered fully furnished, The One presents a rare turnkey opportunity for the most discerning buyer. Every room has been professionally designed and thoughtfully curated, allowing for a seamless transition into refined living. From bespoke furnishings to designer lighting and artful details, this residence is ready to be enjoyed from day one - simply arrive with your suitcase. The ONE - A Cutting-Edge Escape Beyond Imagination that unites architecture, innovation, and nature in flawless harmony. Designed by David Small Architects with interiors by Coz Design Inc., this modern masterpiece redefines luxury through serene sophistication and bold contemporary expression. Expansive glass, natural limestone, and seamless indoor-outdoor transitions dissolve boundaries between home and horizon.Interiors flow in a soft, neutral palette with custom Italian millwork, quarter-sawn walnut, and elegant stone detailing. The chef's kitchen, with granite waterfall island, Miele appliances, Muti cabinetry, and Bertazzoni double oven, pairs with a prep kitchen and walk-through servery for effortless entertaining. The owner's suite offers a private terrace, Large terrace with saltwater pool views, spa-inspired ensuite and fully appointed dressing room. Three additional suites feature breathtaking vistas and refined finishes. Smart home automation, private three-floor elevator, and discreet staff corridors elevate daily living. The lower level invites indulgence with a home theatre, glass wine cellar, nanny suite, fitness studio with Himalayan salt-wall sauna, and entertainment lounge. Outdoors, The One backs onto natural conservation land, so that you can naturally enjoy a covered living room with phantom screens, wood-burning fireplace, TEC grill, saltwater infinity edge pool and hot tub merging with the horizon. A year-round pool house with gourmet kitchen, pizza oven, and Kalamazoo grill completes this resort-inspired estate. A world of magnificence awaits!

Key facts

Property type
Detached, 2-Storey
MLS®
N13034458
Bedrooms
4+1 (5 total)
Bathrooms
8 (2 half)
Size
5,000 sq ft
Lot
88.32 × 278.14 ft
Cross streets
Yonge St and Elgin St
Parking
3 garage (attached)
Driveway
Circular Drive
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Wood
Foundation
Poured Concrete
Roof
Flat
Sewer
Sewer
Pool
Inground, Salt
Property tax
$28,564 / 2025
Days on market
150
Listing brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED

Rooms

RecreationLower5.95 × 4.72 m

fireplace · walk-up

Family RoomMain6.00 × 4.98 m

gas fireplace · hardwood floor · overlooks pool

Bedroom 2Second3.96 × 3.66 m

3 pc ensuite · walk-in closet(s) · hardwood floor

BreakfastMain6.40 × 4.57 m

porcelain floor · overlooks pool · open concept

Bedroom 5Lower5.01 × 4.11 m

3 pc ensuite · above grade window · walk-in closet(s)

Common RoomLower6.17 × 4.17 m

Wet Bar

Bedroom 3Second4.11 × 3.66 m

b/i desk · walk-in closet(s) · 4 pc ensuite

Media RoomLower6.19 × 4.01 m

broadloom · built-in speakers

KitchenMain6.40 × 3.35 m

centre island · w/o to yard · stainless steel appl

Dining RoomMain7.62 × 4.27 m

hardwood floor · large window · b/i shelves

StudyMain5.89 × 5.08 m

gas fireplace · 4 pc bath · b/i bookcase

Exercise RoomLower6.40 × 4.17 m

sauna · built-in speakers · glass doors

Bedroom 4Second4.27 × 3.66 m

3 pc ensuite · walk-in closet(s) · hardwood floor

Primary BedroomSecond5.94 × 4.42 m

w/o to terrace · 5 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Thornhill (3,500 sq ft and up) have sold between $2.25M and $4.68M over the last two years (6 sales).

Considering this property? Request a written price read

Its public catchment (Thornhill SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Thornhill · asking prices
$4.17Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $5.62M, which is where my estimate comes from.

Per square foot, these ask about $980/sqft; this home lists at $2,400/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
12.00MThis home5.49M3.79M3.80M3.59MThis home vs active comparables

Neighbourhood & location

Thornhill, 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.

Nearby neighbourhoods

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

Royal Orchard
$1.41M
Thornlea
$1.66M
Buttonville
$1.70M
Cachet
$2.16M
Cathedraltown
$1.74M

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 E.J. Sand PS
73%
E.J. Sand PSPublic · Elementary · JK-8 · 0.3 km awayAround the GTA average · 73% meet the provincial standard
St. RobertEQAO results not published
Also nearby: 11 more schools within 2.5 km
Henderson Avenue Public School · Public elementary1.0 km · 81% at standard
Woodland Public School · Public elementary1.3 km · 96% at standard
Johnsview Village Public School · Public elementary1.4 km · 84% at standard
Baythorn Public School · Public elementary1.7 km · 82% at standard
Bayview Glen Public School · Public elementary1.7 km · 86% at standard
St Anthony Catholic Elementary School · Catholic elementary1.8 km · 88% at standard
Stornoway Crescent Public School · Public elementary1.8 km
Thornlea Secondary School · Public secondary2.0 km · 84% at standard
Willowbrook Public School · Public elementary2.1 km · 79% at standard
Yorkhill Elementary School · Public elementary2.2 km · 81% at standard
Bayview Fairways Public School · Public elementary2.4 km · 91% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$54,692/mo
$2144KIncome needed
5.6×Price ÷ income
$12,621Weekly cost
$286,475Land transfer tax, one-time (Ontario)
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.

96%mortgage
Mortgage $54,692Property tax $2,380Total carry $57,072

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$52,548per month

Mortgage amount $9,600,000 · 4.39% over 25 years

$2,400,000Down payment (20.0%)
$9,600,000Loan before insurance
$0CMHC premium
$54,928Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$52,548
Property tax
$2,380
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$54,928

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

One-time closing costs

Ontario land transfer tax
$286,475
Estimated closing costs
$286,475

Plus your down payment of $2,400,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$63,664/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

$6,164,378Total interest paid
$15,764,378Total of all payments
Principal $9,600,000 Interest $6,164,378
YearPrincipalInterestBalance
1$217,236$413,339$9,382,764
2$226,878$403,698$9,155,886
3$236,947$393,628$8,918,940
4$247,463$383,112$8,671,477
5$258,446$372,129$8,413,031
6$269,916$360,659$8,143,115
7$281,895$348,680$7,861,220
8$294,406$336,169$7,566,813
9$307,473$323,102$7,259,341
10$321,119$309,456$6,938,222
11$335,371$295,204$6,602,851
12$350,255$280,320$6,252,596
13$365,800$264,775$5,886,796
14$382,035$248,540$5,504,761
15$398,990$231,585$5,105,771
16$416,698$213,877$4,689,073
17$435,192$195,383$4,253,881
18$454,507$176,069$3,799,374
19$474,678$155,897$3,324,696
20$495,745$134,830$2,828,950
21$517,748$112,828$2,311,203
22$540,726$89,849$1,770,476
23$564,725$65,851$1,205,752
24$589,788$40,787$615,964
25$615,964$14,611$0

At the end of your 5-year term

Total paid over the term
$3,152,876
Principal paid down
$1,186,969
Interest paid
$1,965,907
Balance remaining
$8,413,031

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
From 8 whole-home leases in Thornhill$6,731/mo
$80,772Gross annual rent
0.3%Cap rate after taxes and upkeep
$6,193 to $7,369Typical rent range

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

Talk about the numbers

The last 8 whole-home leases in Thornhill signed at a median of $4,907 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,731. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

0.7%
Gross yield
− Property tax $28,564− Insurance $1,400− Vacancy & upkeep $8,885Net operating income $41,923

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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