9 Alai Circle, Markham, ON
Milliken Mills East, Markham · MLS® N13116344
About this home
*NEW PRICE!* Offered For The First Time Ever! A Rare Markham's Bridle Path Custom Estate In The Heart Of It All. Set On An Impressive 88ft x 137ft Lot With Almost 8000sf Of Living Space, This Exceptional Custom Estate Has Been Meticulously Maintained Since Day One And Thoughtfully Renovated With Modern, Sophisticated Finishes Throughout. Tucked Away On A Quiet, Prestigious Circle, The Home Offers Complete Privacy While Remaining Just Minutes From Every Urban Convenience. From The Moment You Enter, You're Greeted By A Grand Double Staircase, Dramatic Skylight, And Soaring 10-Foot Ceilings That Set The Tone For The Home's Elegant Scale And Craftsmanship. Boasting 5+3 Bedrooms And 7 Bathrooms. Every Bedroom Is Equipped With a Full Ensuite Bathroom. A Main-Floor Bedroom Provides The Perfect Setup For An In-Law Suite Or Guest Retreat. This Residence Is Designed For Both Grand Entertaining And Comfortable Everyday Living. Noteable Highlights Include A Rare Half-Circle Driveway, Professionally Landscaped Grounds, A Massive Backyard With A Private Loggia. The Chef's Kitchen Is Equipped With Top-Of-The-Line Stainless Steel Appliances, While Premium Finishes Such As Hardwood Flooring Throughout, Oversized 3' x 6' Tiles On The Main Floor, Detailed Trimwork, And A Metal Roof With Lifetime Warranty Elevate The Home's Quality And Value. The Fully Finished Lower Level Is An Entertainer's Dream, Featuring A Show-Stopping Bar, Full Kitchen, Recreation Area, Living Room, And A Versatile Flex Space Ideal For A Bedroom, Wellness Studio, Or Home Theatre. Ideally Located Just Minutes From Downtown Markham, Top-Ranked IB Schools, York University's Markham Campus, GO Train Stations, Highway 407, And Premier Shopping Destinations Such As CF Markville Mall. This Home Delivers An Unparalleled Lifestyle Of Luxury, Convenience, And Prestige. A Truly Rare Offering In One Of Markham's Most Distinguished Estate Neighbourhood. This Is A Once-In-A-Lifetime Opportunity To Own Something Truly Special.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13116344
- Bedrooms
- 8 (5 + 3)
- Bathrooms
- 7 (1 half)
- Size
- 5,000 sq ft
- Lot
- 88.07 × 137.38 ft
- Cross streets
- Kennedy Rd & 14th Ave
- Parking
- 3 garage · 18 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $16,793 / 2025
- Days on market
- 66
- Listing brokerage
- RE/MAX METROPOLIS REALTY
Listed at $3,998,888, this home is tracking about 31% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.70M, a bit higher.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $3.00M
- Bedrooms +$60K
- Bathrooms −$15K
- Adjusts to $3.04M
That comparable adjusts to $3.04M; the $3.05M estimate above is the median of all 20 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Randall PS, 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. Kennedy Rd / Lee Av is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $3.05M, median of 20 comparables.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 1 closest active listing nearby.
See all comparable homesThis home lists 18% above the area average of $677/sqft.
62 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Milliken Mills East, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Kennedy Rd / Lee Av, about 183 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $3,199,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,072
- Property tax
- $1,399
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,471
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,447
- Estimated closing costs
- $86,447
Plus your down payment of $799,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,024,298
- Principal paid down
- $407,407
- Interest paid
- $616,891
- Balance remaining
- $2,791,703
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX METROPOLIS REALTY. MLS®/PropTx.