8 Cachet Parkway, Markham, ON

Devil's Elbow, Markham · MLS® N13635912

$8,499,000
For Sale
Listed 76 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
9Bathrooms
4Garage
5,000Sq ft

About this home

In short

  • Set within one of Markham's most prestigious residential enclaves, 8 Cachet Parkway is a striking example of contemporary luxury architecture, masterfully conceived...
  • Designed with an emphasis on clean lines, natural light, and sophisticated spatial flow, the home effortlessly blends modern design with warm, livable elegance.
  • 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...
  • This space flows seamlessly into the dining area and a designer kitchen crafted for both elevated entertaining and everyday living, featuring premium materials...
  • Outdoors, beautifully landscaped grounds extend the living experience with terraces and gardens designed for relaxation and entertaining alike.8 Cachet Parkway is...

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 facade 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®
N13635912
Bedrooms
4+2 (6 total)
Bathrooms
9 (1 half)
Size
5,000 sq ft
Lot
165 × 394.02 ft
Cross streets
Cachet Parkway / Warden Avenue
Parking
4 garage (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
76
Listing brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED

Rooms

BathroomLower4.57 × 3.65 m

4 pc bath · sauna · heated floor

Exercise RoomLower3.96 × 4.57 m

large window · mirrored walls

Game RoomLower4.41 × 4.90 m

open concept · walk-out · 2 way fireplace

BedroomSecond4.30 × 5.79 m

w/o to terrace · hardwood floor · gas fireplace

Dining RoomMain6.09 × 4.75 m

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

LibraryMain4.75 × 4.90 m

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

BreakfastMain4.52 × 21.30 m

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

Bedroom 2Second4.27 × 4.57 m

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

OfficeMain4.27 × 4.87 m

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

BedroomLower5.18 × 4.60 m

3 pc bath · closet · window

Bedroom 5Lower2.80 × 3.53 m

3 pc bath · window

RecreationLower8.86 × 7.62 m

2 way fireplace · walk-out · open concept

Bedroom 4Second3.97 × 5.34 m

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

LaundrySecond2.77 × 2.90 m

laundry sink · tile floor · window

SittingMain4.26 × 3.96 m

b/i bookcase · hardwood floor · picture window

Bedroom 3Second4.27 × 4.57 m

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

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

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Devil's Elbow · asking prices
$5.97Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,228/sqft; this home lists at $1,700/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
8.50MThis home5.40M5.80M8.80M3.88MThis home vs active comparables

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.

Nearby neighbourhoods

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

Cachet
$2.30M
Unionville
$2.19M
Berczy
$1.61M
Wismer
$1.53M
Bullock
$1.10M

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

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

Affordability & Mortgage

Affordability
$38,736/mo
$1560KIncome needed
5.4×Price ÷ income
$8,939Weekly cost
$198,950Land 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.

93%mortgage
Mortgage $38,736Property tax $2,752Total carry $41,487

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$37,594per month

Mortgage amount $6,799,200 · 4.49% over 25 years

$1,699,800Down payment (20.0%)
$6,799,200Loan before insurance
$0CMHC premium
$40,345Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$37,594
Property tax
$2,752
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$40,345

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

One-time closing costs

Ontario land transfer tax
$198,950
Estimated closing costs
$198,950

Plus your down payment of $1,699,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$45,501/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

$4,478,983Total interest paid
$11,278,183Total of all payments
Principal $6,799,200 Interest $4,478,983
YearPrincipalInterestBalance
1$151,729$299,398$6,647,471
2$158,618$292,509$6,488,852
3$165,820$285,307$6,323,032
4$173,349$277,778$6,149,683
5$181,220$269,907$5,968,463
6$189,448$261,679$5,779,015
7$198,050$253,078$5,580,966
8$207,042$244,085$5,373,924
9$216,442$234,685$5,157,481
10$226,270$224,858$4,931,211
11$236,543$214,584$4,694,668
12$247,283$203,844$4,447,385
13$258,511$192,616$4,188,874
14$270,248$180,879$3,918,625
15$282,519$168,608$3,636,106
16$295,346$155,781$3,340,760
17$308,756$142,371$3,032,004
18$322,775$128,352$2,709,229
19$337,430$113,697$2,371,799
20$352,751$98,376$2,019,048
21$368,767$82,360$1,650,280
22$385,511$65,617$1,264,770
23$403,014$48,113$861,755
24$421,313$29,814$440,442
25$440,442$10,685$0

At the end of your 5-year term

Total paid over the term
$2,255,637
Principal paid down
$830,737
Interest paid
$1,424,900
Balance remaining
$5,968,463

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%Cap rate after taxes and upkeep

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.

1.5%
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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