27 Walnut Glen Place, Markham, ON
Devil's Elbow, Markham · MLS® N13687978
About this home
In short
- Rare estate opportunity in the established Glenridge Estates enclave.
- Situated on approximately 1.1 acres at the end of a quiet cul-de-sac, this substantial residence offers generous scale and a flexible footprint for renovation...
- Features include a circular interlock driveway, 3-car garage, grand 2-storey foyer, spiral hardwood staircase, expansive principal rooms, a large kitchen with centre...
- Outdoor features include an in-ground pool and tennis court.
- A unique opportunity for end users, renovators or builders seeking an estate-sized property in a well-established Markham neighbourhood, close to Unionville, Angus...
Rare estate opportunity in the established Glenridge Estates enclave. Situated on approximately 1.1 acres at the end of a quiet cul-de-sac, this substantial residence offers generous scale and a flexible footprint for renovation, restoration or a complete custom transformation. Features include a circular interlock driveway, 3-car garage, grand 2-storey foyer, spiral hardwood staircase, expansive principal rooms, a large kitchen with centre island, and a 5-bedroom layout. The finished walk-out lower level includes a recreation room and gym room. Outdoor features include an in-ground pool and tennis court. A unique opportunity for end users, renovators or builders seeking an estate-sized property in a well-established Markham neighbourhood, close to Unionville, Angus Glen, schools, shopping and major routes. SOLD AS IS.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13687978
- Bedrooms
- 5
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 249.8 × 169 ft
- Cross streets
- Warden Ave. & Major Mackenzie Dr.
- Parking
- 3 garage · 13 parking (attached)
- Driveway
- Circular Drive
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Septic
- Pool
- Inground
- Property tax
- $19,503 / 2026
- Days on market
- 62
- Listing brokerage
- HOMELIFE NEW WORLD REALTY INC.
Rooms
hardwood floor · double closet · semi ensuite
hardwood floor · double closet · semi ensuite
overlook golf course · fireplace · b/i bookcase
hardwood floor · fireplace · w/o to deck
b/i appliances · open concept · w/o to deck
hardwood floor · double closet · semi ensuite
wet bar · fireplace · sauna
hardwood floor · fireplace · bay window
fireplace · skylight · juliette balcony
hardwood floor · walk-in closet(s) · semi ensuite
mirrored walls · w/o to pool
hardwood floor · wainscoting · bay window
Listed at $3,880,000. 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 $3.75M, if it sells. A realistic range is $3.51M to $4.22M.
Independent value check: $3.38M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $3.17M and $3.54M).
Why $3.38M. 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 itIts tax bill, which follows the city's own assessment, is $19,503 a year; the typical home sold here pays about $16,400.
- ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
- ▲ Raises itIts lot is 250 by 169 ft; the typical lot sold here is 126 by 253.
Total price vs nearby homes. Likely closing about $3.75M, from 7 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $913/sqft against an area asking average of $1,009/sqft.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $3.02M. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($913/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.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $859/sqft; this home lists at $913/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
Neighbourhood & location
Devil's Elbow, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $3,104,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,163
- Property tax
- $1,625
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,788
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $83,475
- Estimated closing costs
- $83,475
Plus your down payment of $776,000. 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
- $1,029,753
- Principal paid down
- $379,251
- Interest paid
- $650,501
- Balance remaining
- $2,724,749
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
About the suite: in Devil's Elbow basements rarely rent out (0 of 30 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 15 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 $5,493. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.