18 Walnut Glen Place, Markham, ON

Devil's Elbow, Markham · MLS® N13699638

$3,880,000
For Sale
Listed 60 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
7Bathrooms
3Garage · 11 parking
3500-5000Sq ft

About this home

In short

  • Nestled within the exclusive Glenridge Executive Estate.
  • This sophisticated residence welcomes you with soaring 3.6m ceilings in the living room, creating an airy and grand atmosphere complemented by gleaming hardwood...
  • The main floor is designed for both high-end entertaining and professional productivity, featuring an open-concept office with built-in cabinetry and a formal dining...
  • At the heart of the home, the gourmet chef's kitchen-complete with a centre island and stainless steel appliances-flows effortlessly into a sun-drenched breakfast...
  • Two staircases lead the way to the finished basement, further expanding the home's versatility with a massive recreation room equipped with a wet bar.

Nestled within the exclusive Glenridge Executive Estate. This sophisticated residence welcomes you with soaring 3.6m ceilings in the living room, creating an airy and grand atmosphere complemented by gleaming hardwood floors and pot lighting. The main floor is designed for both high-end entertaining and professional productivity, featuring an open-concept office with built-in cabinetry and a formal dining room that captures serene south-facing views. At the heart of the home, the gourmet chef's kitchen-complete with a centre island and stainless steel appliances-flows effortlessly into a sun-drenched breakfast area with a walk-out to the private deck, while connecting seamlessly to a large family room anchored by a cozy fireplace. The second level is dedicated to ultimate privacy and comfort, offering four expansive bedrooms that each feature a private ensuite bathroom. The primary sanctuary serves as a true retreat, boasting a dedicated sitting area, a spacious walk-in closet, and a 6 piece ensuite. Two staircases lead the way to the finished basement, further expanding the home's versatility with a massive recreation room equipped with a wet bar. This level also includes a dedicated home gym and two additional bedrooms for guests or a growing family, all serviced by a convenient 4 piece bath. Experience the pinnacle of sophisticated living in one of the region's most coveted enclaves where every detail of 18 Walnut reflects a commitment to refined taste and quality.

Key facts

Property type
Detached, 2-Storey
MLS®
N13699638
Bedrooms
4+2 (6 total)
Bathrooms
7 (2 half)
Size
3500-5000 sq ft
Lot
223.33 × 251.59 ft
Cross streets
16th Ave & Warden Ave
Parking
3 garage · 11 parking (attached)
Driveway
Circular Drive
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Other
Foundation
Unknown
Roof
Shingles
Sewer
Septic
Property tax
$20,735 / 2025
Days on market
60
Listing brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY

Rooms

Bedroom 3Second3.60 × 4.30 m

hardwood floor · 4 pc ensuite · double closet

BedroomBasement3.80 × 3.90 m

laminate · south view · window

RecreationBasement4.50 × 10.00 m

laminate · wet bar · pot lights

Bedroom 2Second4.30 × 6.30 m

hardwood floor · 4 pc ensuite · b/i shelves

Family RoomMain4.60 × 6.60 m

hardwood floor · electric fireplace · pot lights

Exercise RoomBasement3.70 × 6.00 m

laminate · open concept · window

BedroomBasement5.30 × 6.00 m

laminate · closet · window

Living RoomMain5.00 × 6.30 m

hardwood floor · bay window · pot lights

BreakfastMain3.40 × 4.60 m

hardwood floor · w/o to deck · pot lights

OfficeMain3.40 × 3.60 m

hardwood floor · open concept · b/i shelves

Bedroom 4Second4.50 × 4.80 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

KitchenMain3.80 × 6.30 m

centre island · stainless steel appl · backsplash

Primary BedroomSecond5.00 × 6.00 m

hardwood floor · walk-in closet(s) · 6 pc ensuite

Dining RoomMain4.59 × 4.00 m

hardwood floor · pot lights · south view

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Devil's Elbow, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$17,684/mo
$732KIncome needed
5.3×Price ÷ income
$4,081Weekly cost
$83,475Land 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.

91%mortgage
Mortgage $17,684Property tax $1,728Total carry $19,412

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)
$17,163per month

Mortgage amount $3,104,000 · 4.49% over 25 years

$776,000Down payment (20.0%)
$3,104,000Loan before insurance
$0CMHC premium
$18,890Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,163
Property tax
$1,728
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,890

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

6.49%Qualifying rate
$20,773/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

$2,044,765Total interest paid
$5,148,765Total of all payments
Principal $3,104,000 Interest $2,044,765
YearPrincipalInterestBalance
1$69,268$136,683$3,034,732
2$72,413$133,537$2,962,319
3$75,701$130,250$2,886,618
4$79,138$126,812$2,807,480
5$82,731$123,219$2,724,749
6$86,488$119,463$2,638,261
7$90,414$115,536$2,547,846
8$94,520$111,431$2,453,327
9$98,811$107,139$2,354,516
10$103,298$102,653$2,251,218
11$107,988$97,963$2,143,230
12$112,891$93,060$2,030,339
13$118,017$87,934$1,912,323
14$123,375$82,576$1,788,948
15$128,977$76,974$1,659,971
16$134,833$71,118$1,525,138
17$140,955$64,996$1,384,183
18$147,355$58,596$1,236,829
19$154,045$51,905$1,082,784
20$161,039$44,911$921,744
21$168,351$37,599$753,393
22$175,995$29,956$577,398
23$183,986$21,965$393,412
24$192,340$13,611$201,073
25$201,073$4,878$0

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.

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$7,350/mo
$88,200Gross annual rent
1.5%Cap rate after taxes and upkeep

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.

2.3%
Gross yield
− Property tax $20,735− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $56,363

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON LUCKY PENNY HOMES REALTY. MLS®/PropTx.

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