6 Devon Court, Markham, ON

Devil's Elbow, Markham · MLS® N14089106

$5,800,000
For Sale
Listed 2 days agoNo offer date stated
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5+1Bedrooms
8Bathrooms
4Garage
5,000Sq ft

About this home

In short

  • An exceptional opportunity to own a prestigious estate home situated on a magnificent 1.54-acre lot in the exclusive Cachet Estates community.
  • Offering an impressive blend of elegance, space, privacy and luxury, this remarkable residence welcomes you with a grand entrance and soaring ceiling, creating a...
  • The main floor showcases beautiful hardwood flooring, an elegant living room with French doors and pot lights, and a spacious formal dining room ideal for entertaining.
  • The second floor features five generously sized bedrooms, each with its own private ensuite, complemented by hardwood flooring throughout.
  • The luxurious primary suite boasts a walk-in closet and an impressive 6-piece ensuite with a skylight and heated flooring.

An exceptional opportunity to own a prestigious estate home situated on a magnificent 1.54-acre lot in the exclusive Cachet Estates community. Offering an impressive blend of elegance, space, privacy and luxury, this remarkable residence welcomes you with a grand entrance and soaring ceiling, creating a spectacular first impression. The main floor showcases beautiful hardwood flooring, an elegant living room with French doors and pot lights, and a spacious formal dining room ideal for entertaining. The sophisticated wood-panelled office features a fireplace and picturesque backyard views, while the expansive family room offers a warm and inviting setting for relaxation and gatherings. The generously sized kitchen features a centre island, tile flooring, pot lights and two pantries providing ample storage space. A bright breakfast area offers a walkout to the deck, perfect for enjoying the expansive and private outdoor setting. The second floor features five generously sized bedrooms, each with its own private ensuite, complemented by hardwood flooring throughout. The luxurious primary suite boasts a walk-in closet and an impressive 6-piece ensuite with a skylight and heated flooring. Another spacious bedroom features a walk-in closet and private 6-piece ensuite, while the remaining three bedrooms each enjoy their own 3-piece ensuite, offering exceptional comfort and privacy for family members and guests. The finished basement with walkup side door further enhances the home's living and entertaining space, featuring a dedicated soundproofed media room, a spacious recreation room complete with a fireplace, wet bar and pot lights, an additional bedroom and a separate office. Surrounded by expansive grounds, this exceptional residence offers a rare sense of tranquility and privacy while remaining just minutes from prestigious golf courses, fine dining, shopping, Downtown Markham, Highways 404 and 407, and top-ranked schools.

Key facts

Property type
Detached, 2-Storey
MLS®
N14089106
Bedrooms
5+1 (6 total)
Bathrooms
8 (2 half)
Size
5,000 sq ft
Lot
122.53 × 294.67 ft
Cross streets
Warden Ave & Major Mackenzie Dr E
Parking
4 garage (attached)
Driveway
Circular Drive
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Unknown
Sewer
Septic
Property tax
$22,185 / 2025
Days on market
2
Listing brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY

Rooms

Bedroom 3Second4.59 × 4.11 m

hardwood floor · 3 pc ensuite · closet

OfficeMain3.85 × 4.78 m

built-in speakers · fireplace · panelled

Primary BedroomSecond7.94 × 5.62 m

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

KitchenMain4.06 × 5.31 m

tile floor · centre island · pot lights

BedroomBasement5.39 × 3.33 m

laminate · pot lights · window

Bedroom 2Second5.33 × 4.10 m

hardwood floor · 3 pc ensuite · closet

RecreationBasement7.58 × 14.42 m

wet bar · fireplace · pot lights

Living RoomMain5.63 × 6.58 m

hardwood floor · french doors · pot lights

Family RoomMain5.30 × 6.73 m

hardwood floor · fireplace · panelled

Bedroom 4Second4.20 × 4.60 m

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

BreakfastMain3.75 × 7.72 m

tile floor · pot lights · w/o to deck

Dining RoomMain6.88 × 4.90 m

hardwood floor · french doors · window

OfficeBasement4.34 × 5.39 m

Vinyl Floor

Media RoomBasement6.16 × 4.55 m

broadloom · built-in speakers

Bedroom 5Second5.90 × 4.80 m

hardwood floor · 3 pc ensuite · closet

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
$6.64Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,363/sqft; this home lists at $1,160/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
5.80MThis home5.40M3.88M8.50M8.80MThis 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
$26,434/mo
$1064KIncome needed
5.4×Price ÷ income
$6,100Weekly cost
$131,475Land 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.

93%mortgage
Mortgage $26,434Property tax $1,849Total carry $28,283

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)
$25,655per month

Mortgage amount $4,640,000 · 4.49% over 25 years

$1,160,000Down payment (20.0%)
$4,640,000Loan before insurance
$0CMHC premium
$27,504Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$25,655
Property tax
$1,849
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27,504

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

One-time closing costs

Ontario land transfer tax
$131,475
Estimated closing costs
$131,475

Plus your down payment of $1,160,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$31,052/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

$3,056,607Total interest paid
$7,696,607Total of all payments
Principal $4,640,000 Interest $3,056,607
YearPrincipalInterestBalance
1$103,545$204,319$4,536,455
2$108,246$199,618$4,428,209
3$113,161$194,703$4,315,047
4$118,299$189,565$4,196,748
5$123,670$184,194$4,073,078
6$129,286$178,579$3,943,792
7$135,156$172,709$3,808,636
8$141,292$166,572$3,667,344
9$147,708$160,157$3,519,637
10$154,414$153,450$3,365,223
11$161,425$146,439$3,203,798
12$168,754$139,110$3,035,043
13$176,417$131,448$2,858,627
14$184,427$123,438$2,674,200
15$192,800$115,064$2,481,400
16$201,554$106,310$2,279,846
17$210,706$97,159$2,069,140
18$220,272$87,592$1,848,868
19$230,274$77,591$1,618,594
20$240,729$67,135$1,377,865
21$251,659$56,205$1,126,206
22$263,085$44,779$863,121
23$275,030$32,834$588,090
24$287,518$20,346$300,572
25$300,572$7,292$0

At the end of your 5-year term

Total paid over the term
$1,539,321
Principal paid down
$566,922
Interest paid
$972,399
Balance remaining
$4,073,078

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
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.

2.2%
Gross yield
− Property tax $22,185− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $88,555

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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