113 Elgin Street, Markham, ON

Thornhill, Markham · MLS® N13034458

$12,000,000
For Sale
Listed 85 days ago
5Bedrooms
8Bathrooms
3Garage · 18 parking
5,000Sq Ft

About this home

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
5 (4 + 1)
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 · 18 parking (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
85
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)

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.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Henderson Av / Elgin St 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Elevator: rare and valuable for accessibility and resale.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Thornhill · asking prices
$4.24Mavg asking

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

22 Ida Street$4.25M30 Thornlea Road$5.49M47 Johnson Street$3.89M48 Johnson Street$3.34M

The 4 closest active listings nearby.

See all comparable homes
12.00MThis home4.25M5.49M3.89M3.34MThis home vs active comparables
Live market pulseActive comparables in Thornhill · median list $3.58M
$2,400this home / sqft
7active listings nearby
85days on market

81 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

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.

Getting around

59/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Henderson Av / Elgin St, about 218 m away

20+ transit stops5 grocery20+ dining20+ parks12 pharmacies

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.

Royal Orchard
$1.45M
Thornlea
$1.94M
Buttonville
$1.69M
Unionville
$2.16M
Victoria Manor-Jennings Gate
$2.17M

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

Affordability & Mortgage

Affordability
$54,692/mo
$2144KIncome needed
5.6×Price ÷ income
$12,621Weekly 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.

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.

4.14%
%
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)
$51,229per month

Mortgage amount $9,600,000 · 4.14% over 25 years

$2,400,000Down payment (20.0%)
$9,600,000Loan before insurance
$0CMHC premium
$53,609Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$51,229
Property tax
$2,380
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$53,609

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

6.14%Qualifying rate
$62,223/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

$5,768,749Total interest paid
$15,368,749Total of all payments
Principal $9,600,000 Interest $5,768,749
YearPrincipalInterestBalance
1$224,895$389,855$9,375,105
2$234,302$380,448$9,140,803
3$244,102$370,648$8,896,701
4$254,313$360,437$8,642,388
5$264,950$349,800$8,377,438
6$276,033$338,717$8,101,405
7$287,579$327,171$7,813,826
8$299,608$315,142$7,514,218
9$312,140$302,610$7,202,078
10$325,196$289,554$6,876,882
11$338,799$275,951$6,538,083
12$352,970$261,780$6,185,113
13$367,734$247,016$5,817,379
14$383,116$231,634$5,434,262
15$399,141$215,609$5,035,121
16$415,837$198,913$4,619,284
17$433,231$181,519$4,186,053
18$451,352$163,398$3,734,701
19$470,231$144,518$3,264,470
20$489,901$124,849$2,774,569
21$510,392$104,358$2,264,177
22$531,741$83,009$1,732,436
23$553,983$60,767$1,178,453
24$577,155$37,594$601,297
25$601,297$13,453$0

At the end of your 5-year term

Total paid over the term
$3,073,750
Principal paid down
$1,222,562
Interest paid
$1,851,188
Balance remaining
$8,377,438

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
0.7%Est. cap rate

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.

1.1%
Gross yield
− Property tax $28,564− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $82,176

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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