34 Glenbourne Park Drive, Markham, ON

Devil's Elbow, Markham · MLS® N13824496

$3,500,000
For Sale
Listed 25 days agoNo offer date stated
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5Bedrooms
5Bathrooms
3Garage · 12 parking
3500-5000Sq ft

About this home

In short

  • Nestled in the prestigious Devil's Elbow community, this exceptional residence offers generous living spaces, comfort and outstanding family functionality, complete...
  • The thoughtfully designed main floor features impressive 10 ft ceilings and a custom oak staircase, complemented by a gracious formal living room and separate dining...
  • It opens seamlessly to a bright breakfast area and an inviting family room featuring hardwood floor and a cozy gas fireplace.
  • The expansive primary suite features his-and-hers closets and a 5-piece ensuite.
  • Two additional bedrooms each feature a walk-in closet and private 4-piece ensuite, while the remaining two bedrooms offer double door closets and share a convenient...

Nestled in the prestigious Devil's Elbow community, this exceptional residence offers generous living spaces, comfort and outstanding family functionality, complete with a 3-car garage and huge backyard. The thoughtfully designed main floor features impressive 10 ft ceilings and a custom oak staircase, complemented by a gracious formal living room and separate dining room, both finished with hardwood floor. A private office with french doors provides an ideal work-from-home space. The spacious kitchen is appointed with stainless steel appliances, a gas stove and a centre island, offering a functional and inviting space for everyday cooking and entertaining. It opens seamlessly to a bright breakfast area and an inviting family room featuring hardwood floor and a cozy gas fireplace. The second level offers five generously sized bedrooms, providing exceptional space and privacy for the entire family. The expansive primary suite features his-and-hers closets and a 5-piece ensuite. Two additional bedrooms each feature a walk-in closet and private 4-piece ensuite, while the remaining two bedrooms offer double door closets and share a convenient 5-piece semi-ensuite-an ideal layout for growing or multi-generational families. Additional features include front and back lawn sprinkler systems and interlocking. Conveniently located near major highways, community centres, golf courses, parks, shopping and everyday amenities, and located within a top-ranked school district. A rare opportunity to enjoy exceptional space and quality family living in one of Markham's most desirable communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13824496
Bedrooms
5
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
107.78 × 144.64 ft
Cross streets
Warden Ave & Major Mackenzie Dr E
Parking
3 garage · 12 parking (attached)
Driveway
Private Triple
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$16,996 / 2025
Days on market
25
Listing brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY

Rooms

Living RoomMain3.50 × 4.50 m

hardwood floor · crown moulding · window

OfficeMain3.60 × 4.20 m

hardwood floor · french doors · overlooks backyard

Bedroom 2Second3.20 × 5.00 m

broadloom · 4 pc ensuite · walk-in closet(s)

Family RoomMain5.00 × 5.00 m

hardwood floor · gas fireplace · pot lights

Primary BedroomSecond6.10 × 6.50 m

broadloom · 5 pc ensuite · his and hers closets

Bedroom 5Second3.70 × 5.50 m

broadloom · 5 pc bath · semi ensuite

KitchenMain4.20 × 5.00 m

tile floor · centre island · stainless steel appl

Bedroom 3Second3.60 × 4.20 m

broadloom · 4 pc ensuite · walk-in closet(s)

Bedroom 4Second3.80 × 4.30 m

broadloom · 5 pc bath · semi ensuite

BreakfastMain3.00 × 3.60 m

tile floor · w/o to yard · overlooks backyard

Dining RoomMain4.00 × 5.00 m

hardwood floor · crown moulding · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.38Mlikely sale price

Listed at $3,500,000. 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 $3.38M, if it sells. A realistic range is $3.17M to $3.81M.

Independent value check: $2.86M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $2.68M and $3.00M).

Why $2.86M. 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:

  • ▼ Lowers it stronglyIts lot is 108 by 145 ft; the typical lot sold here is 126 by 253.
List price
$3.17MBelow recent closings$3.81MAbove recent closings

Total price vs nearby homes. Likely closing about $3.38M, 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
25days on market so far
$5,642/moest. rent · 8 leases
1.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 7 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 $824/sqft against an area asking average of $809/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 $2.87M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($824/sqft) is in line with 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
$2.19M
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
$15,952/mo
$655KIncome needed
5.3×Price ÷ income
$3,681Weekly cost
$73,975Land 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 $15,952Property tax $1,416Total carry $17,368

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)
$15,482per month

Mortgage amount $2,800,000 · 4.49% over 25 years

$700,000Down payment (20.0%)
$2,800,000Loan before insurance
$0CMHC premium
$16,898Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,482
Property tax
$1,416
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,898

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

One-time closing costs

Ontario land transfer tax
$73,975
Estimated closing costs
$73,975

Plus your down payment of $700,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,738/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

$1,844,504Total interest paid
$4,644,504Total of all payments
Principal $2,800,000 Interest $1,844,504
YearPrincipalInterestBalance
1$62,484$123,296$2,737,516
2$65,321$120,459$2,672,195
3$68,287$117,493$2,603,908
4$71,387$114,393$2,532,520
5$74,629$111,151$2,457,892
6$78,017$107,763$2,379,875
7$81,559$104,221$2,298,315
8$85,263$100,518$2,213,052
9$89,134$96,646$2,123,919
10$93,181$92,599$2,030,738
11$97,412$88,369$1,933,326
12$101,835$83,946$1,831,492
13$106,458$79,322$1,725,033
14$111,292$74,488$1,613,741
15$116,345$69,435$1,497,396
16$121,627$64,153$1,375,769
17$127,150$58,630$1,248,619
18$132,923$52,857$1,115,696
19$138,958$46,822$976,738
20$145,267$40,513$831,470
21$151,863$33,917$679,607
22$158,758$27,022$520,849
23$165,967$19,813$354,882
24$173,502$12,278$181,380
25$181,380$4,400$0

At the end of your 5-year term

Total paid over the term
$928,901
Principal paid down
$342,108
Interest paid
$586,793
Balance remaining
$2,457,892

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 8 whole-home leases in Devil's Elbow$5,642/mo
$67,704Gross annual rent
1.2%Cap rate after taxes and upkeep
$5,190 to $6,093Typical 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 8 whole-home leases in Devil's Elbow signed at a median of $5,228 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,642. 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 $16,996− Insurance $1,400− Vacancy & upkeep $7,447Net operating income $41,861

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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