9 Glenridge Drive, Markham, ON

Devil's Elbow, Markham · MLS® N13660468

$3,680,000
For Sale
Listed 70 days agoNo offer date stated
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4+3Bedrooms
6Bathrooms
3Garage · 10 parking
3500-5000Sq ft

About this home

In short

  • This impressive 3592 sqft residence built in 1987 sits on a premium 1 acre lot with 164 foot frontage in Markham's prestigious Glenridge Estates.
  • Recent upgrades include a beautiful kitchen, a rebuilt swimming pool with replaced equipment and a furnace & air conditioner.
  • The home offers 4 spacious bedrooms on the second floor, 3 additional bedrooms in the basement, and a total of 6 washrooms.
  • The park-like backyard features a swimming pool and ample room for a tennis court.
  • Minutes to major highways, highly ranked schools & golf courses, this exceptional property awaits your personal touch or a developers vision.

This impressive 3592 sqft residence built in 1987 sits on a premium 1 acre lot with 164 foot frontage in Markham's prestigious Glenridge Estates. Recent upgrades include a beautiful kitchen, a rebuilt swimming pool with replaced equipment and a furnace & air conditioner. The home offers 4 spacious bedrooms on the second floor, 3 additional bedrooms in the basement, and a total of 6 washrooms. The park-like backyard features a swimming pool and ample room for a tennis court. Minutes to major highways, highly ranked schools & golf courses, this exceptional property awaits your personal touch or a developers vision. Floor plans are in the photos.

Key facts

Property type
Detached, 2-Storey
MLS®
N13660468
Bedrooms
4+3 (7 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
164.76 × 314.89 ft
Cross streets
Warden / Major Mackenzie
Parking
3 garage · 10 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Septic
Pool
Inground
Property tax
$17,398 / 2026
Days on market
70
Listing brokerage
RIGHT AT HOME REALTY

Rooms

BedroomBasement2.30 × 4.40 m
Bedroom 4Second3.80 × 4.30 m
BedroomBasement3.50 × 3.60 m
KitchenGround3.90 × 6.20 m
Bedroom 2Second4.00 × 3.90 m

3 Pc Ensuite

Bedroom 3Second3.90 × 4.90 m
Dining RoomGround3.90 × 5.30 m
OfficeGround3.90 × 3.50 m
BedroomBasement4.60 × 3.90 m

4 Pc Ensuite

Primary BedroomSecond3.90 × 5.90 m

5 Pc Ensuite

RecreationBasement9.80 × 5.70 m
Living RoomGround3.90 × 6.00 m
Family RoomGround5.10 × 4.00 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$3.55Mlikely sale price

Listed at $3,680,000. Going by how homes in Devil's Elbow and the wider GTA have actually closed against their asking prices (about 97%, 7 local closings in 90 days), the likely sale price is near $3.55M, if it sells. A realistic range is $3.33M to $4.00M.

Independent value check: $3.47M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $3.25M and $3.63M).

Why $3.47M. The typical detached home sold in Devil's Elbow over the past year went for about $3.29M (16 sales). What sets this one apart:

  • ▲ Raises it slightlyIts lot is 165 by 315 ft; the typical lot sold here is 126 by 253.
List price
$3.33MBelow recent closings$4.00MAbove recent closings

Total price vs nearby homes. Likely closing about $3.55M, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$2.50Mmedian sold price
96%of asking, on average
−22%prices vs a year ago
~29 dayshomes like this take to sell
70days on market so far
$5,913/moest. rent · 13 leases
1.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 6 detached homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $866/sqft against an area asking average of $1,017/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.03M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($866/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 7 comparable homes that sold in Devil's Elbow over the past two years, from 43 closings there.

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

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
$2.16M
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
$16,772/mo
$687KIncome needed
5.4×Price ÷ income
$3,871Weekly cost
$78,475Land 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.

92%mortgage
Mortgage $16,772Property tax $1,450Total carry $18,222

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,278per month

Mortgage amount $2,944,000 · 4.49% over 25 years

$736,000Down payment (20.0%)
$2,944,000Loan before insurance
$0CMHC premium
$17,728Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,278
Property tax
$1,450
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,728

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

One-time closing costs

Ontario land transfer tax
$78,475
Estimated closing costs
$78,475

Plus your down payment of $736,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$19,702/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

$1,939,364Total interest paid
$4,883,364Total of all payments
Principal $2,944,000 Interest $1,939,364
YearPrincipalInterestBalance
1$65,698$129,637$2,878,302
2$68,680$126,654$2,809,622
3$71,799$123,536$2,737,823
4$75,059$120,276$2,662,764
5$78,467$116,868$2,584,298
6$82,029$113,305$2,502,268
7$85,754$109,581$2,416,514
8$89,648$105,687$2,326,867
9$93,718$101,617$2,233,149
10$97,973$97,362$2,135,176
11$102,421$92,913$2,032,754
12$107,072$88,263$1,925,683
13$111,933$83,401$1,813,749
14$117,015$78,319$1,696,734
15$122,328$73,006$1,574,405
16$127,883$67,452$1,446,523
17$133,689$61,646$1,312,834
18$139,759$55,576$1,173,075
19$146,105$49,230$1,026,970
20$152,738$42,596$874,232
21$159,673$35,661$714,558
22$166,923$28,411$547,635
23$174,502$20,832$373,133
24$182,425$12,909$190,708
25$190,708$4,627$0

At the end of your 5-year term

Total paid over the term
$976,673
Principal paid down
$359,702
Interest paid
$616,970
Balance remaining
$2,584,298

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 13 whole-home leases in Devil's Elbow$5,913/mo
$70,956Gross annual rent
1.2%Cap rate after taxes and upkeep
$5,305 to $6,492Typical 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 13 whole-home leases in Devil's Elbow signed at a median of $5,130 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,913. 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.

1.9%
Gross yield
− Property tax $17,398− Insurance $1,400− Vacancy & upkeep $7,805Net operating income $44,353

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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