28 Personna Boulevard, Markham, ON

Devil's Elbow, Markham · MLS® N14093368

$7,498,887
For Sale
Just listed todayNo offer date stated
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6+1Bedrooms
10Bathrooms
4Garage
5,000Sq ft

About this home

In short

  • Brand-New, Custom Built Elegant mansion in the blooming City of Markham, and Exceptional architecture and timeless design define this magnificent custom estate...
  • A grand natural stone exterior, circular driveway, soaring 11-ft ceilings on the main floor, and an impressive 22-ft front foyer create a breathtaking first impression.
  • The chef-inspired gourmet kitchen features top-of-the-line Thermador appliances, custom cabinetry, a large centre island, and a spacious breakfast area overlooking...
  • Enjoy outdoor living in the professionally landscaped backyard oasis, complete with a built-in BBQ station and expansive terrace ideal for entertaining and al fresco...
  • The City-approved permit for a swimming pool is already in place, presenting a rare opportunity to transform the backyard into a spectacular private resort-style oasis.

Brand-New, Custom Built Elegant mansion in the blooming City of Markham, and Exceptional architecture and timeless design define this magnificent custom estate residence in the prestigious Cachet Estates of Markham. Situated on exclusive Cachet Country Club land, this palatial home offers over 12,000 sq. ft. of luxurious living space with unparalleled privacy, craftsmanship, and sophistication. A grand natural stone exterior, circular driveway, soaring 11-ft ceilings on the main floor, and an impressive 22-ft front foyer create a breathtaking first impression. The chef-inspired gourmet kitchen features top-of-the-line Thermador appliances, custom cabinetry, a large centre island, and a spacious breakfast area overlooking the beautifully landscaped backyard oasis. Designed for both elegant entertaining and comfortable family living, the home showcases a stunning family room with custom wall units and fireplace, a private main-floor office, all ensuite bedrooms, and exceptional finishes throughout. The upper level offers a luxurious primary retreat complete with fireplace, spa-inspired 7-piece ensuite, and custom-designed walk-in closets. The fully finished walk-up basement provides additional living space featuring a wine cellar, exercise room, home theatre, sauna, and private elevator access. Radiant heated bathroom floors add an extra level of comfort and luxury. Enjoy outdoor living in the professionally landscaped backyard oasis, complete with a built-in BBQ station and expansive terrace ideal for entertaining and al fresco dining. Perfectly located in Cachet Estates, close to prestigious schools, championship golf courses, fine dining, shopping, and major transportation routes. A rare opportunity to own a truly exceptional estate home in one of Markham's most sought-after communities. The City-approved permit for a swimming pool is already in place, presenting a rare opportunity to transform the backyard into a spectacular private resort-style oasis.

Key facts

Property type
Detached, 2-Storey
MLS®
N14093368
Bedrooms
6+1 (7 total)
Bathrooms
10 (2 half)
Size
5,000 sq ft
Lot
148.8 × 318 ft
Cross streets
Warden/Major Mackenzie
Parking
4 garage (attached)
Driveway
Private
Basement
Walk-Up, Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Unknown
Sewer
Septic
Property tax
$32,832 / 2026
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Family RoomSecond9.06 × 5.61 m

hardwood floor · fireplace · large window

BreakfastMain8.86 × 4.57 m

marble floor · bow window · overlooks backyard

Primary BedroomSecond7.77 × 5.15 m

hardwood floor · 7 pc ensuite · bow window

Living RoomMain5.33 × 4.72 m

hardwood floor · fireplace · pot lights

LaundrySecond6.29 × 2.56 m

tile floor · laundry sink · large window

Great RoomMain5.89 × 5.66 m

hardwood floor · w/o to yard · panelled

Bedroom 3Second6.04 × 5.13 m

hardwood floor · 4 pc ensuite · overlooks frontyard

Bedroom 4Second5.71 × 5.08 m

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

KitchenMain5.84 × 5.63 m

marble floor · overlooks backyard · walk-out

Exercise RoomBasement4.87 × 4.62 m

cushion floor · 4 pc bath · w/o to patio

Mud RoomMain5.38 × 3.15 m

slate flooring · double sink · large closet

BedroomBasement4.67 × 3.86 m

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

Bedroom 2Second9.27 × 6.32 m

hardwood floor · 7 pc bath · w/o to balcony

LibraryMain6.85 × 5.79 m

hardwood floor · bow window · w/o to garage

Dining RoomMain5.63 × 4.72 m

hardwood floor · track lighting · panelled

Bedroom 5Second6.02 × 4.64 m

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

RecreationBasement16.00 × 5.56 m

vinyl floor · wet bar · walk-up

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 1.09 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Devil's Elbow have sold between $1.77M and $6.00M over the last two years (15 sales).

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$6.48Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $6.52M, which is where my estimate comes from.

Per square foot, these ask about $1,323/sqft; this home lists at $1,500/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
7.50MThis home8.50M5.40M5.80M8.80M3.88MThis home vs active comparables

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
Aileen-Willowbrook
$1.47M

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
$34,177/mo
$1388KIncome needed
5.4×Price ÷ income
$7,887Weekly cost
$173,947Land 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 $34,177Property tax $2,736Total carry $36,913

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)
$33,170per month

Mortgage amount $5,999,110 · 4.49% over 25 years

$1,499,777Down payment (20.0%)
$5,999,110Loan before insurance
$0CMHC premium
$35,906Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$33,170
Property tax
$2,736
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$35,906

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

One-time closing costs

Ontario land transfer tax
$173,947
Estimated closing costs
$173,947

Plus your down payment of $1,499,777. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$40,147/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

$3,951,922Total interest paid
$9,951,032Total of all payments
Principal $5,999,110 Interest $3,951,922
YearPrincipalInterestBalance
1$133,875$264,167$5,865,235
2$139,953$258,088$5,725,282
3$146,307$251,734$5,578,975
4$152,950$245,091$5,426,024
5$159,895$238,146$5,266,129
6$167,155$230,886$5,098,974
7$174,744$223,297$4,924,230
8$182,678$215,363$4,741,552
9$190,973$207,069$4,550,579
10$199,644$198,398$4,350,935
11$208,708$189,333$4,142,227
12$218,185$179,857$3,924,042
13$228,091$169,950$3,695,951
14$238,447$159,594$3,457,504
15$249,274$148,768$3,208,231
16$260,592$137,450$2,947,639
17$272,424$125,618$2,675,215
18$284,793$113,249$2,390,423
19$297,723$100,318$2,092,699
20$311,241$86,800$1,781,458
21$325,373$72,668$1,456,085
22$340,146$57,895$1,115,939
23$355,590$42,451$760,349
24$371,735$26,306$388,614
25$388,614$9,428$0

At the end of your 5-year term

Total paid over the term
$1,990,206
Principal paid down
$732,980
Interest paid
$1,257,226
Balance remaining
$5,266,129

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 18 whole-home leases in Devil's Elbow$6,373/mo
$76,476Gross annual rent
0.5%Cap rate after taxes and upkeep
$6,036 to $7,159Typical rent range

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 numbers

The last 18 whole-home leases in Devil's Elbow signed at a median of $5,250 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,373. 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.

1.0%
Gross yield
− Property tax $32,832− Insurance $1,400− Vacancy & upkeep $8,412Net operating income $33,832

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

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