11584 Highway 48, Markham, ON L3P 3J3
Markham, ON L3P 3J3
Quick cost estimateKnown monthly subtotal$38,012.04 / monthLand transfer tax $185,975One-time estimate
Quick cost estimate
$38,012.04 / monthKnown monthly subtotal
- Mortgage principal & interest
- $37,129.66
- Property tax / month
- $882.37
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $185,975
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $185,975
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Rare Opportunity! This magnificent modern country estate situated on a prime over 8 acre parcel in Markham boasts 7,450 sq. ft. of ultra-luxurious living space featuring a grand foyer with soaring ceilings and a water feature, 7 spacious bedrooms (6 ensuites), 9 bathrooms, a main-level primary suite with a steam sauna, a main-floor gym, a climate-controlled wine cellar, a heated-floor sunroom, and a chef's kitchen setup with commercial grade appliances and luxury marble slabs. Designed for ultimate relaxation and entertainment, the property offers upper-level rooms with walk-out composite decks, a resort-style indoor saltwater spa pool (completed in 2023) with a Jacuzzi and dedicated bath, and a fully renovated detached barn complete with a bar, KTV lounge, bathroom, and upper loft. The beautifully landscaped grounds showcase a fountain garden, a kids' outdoor playground, and a free-standing 8-car garage with 2 EV chargers alongside parking for 50+ vehicles, all supported by fully owned mechanical systems including a 400 Amp panel, backup generator, well filtration, septic, and propane tanks. Rural privacy in north Markham with the city within easy reach: quick access to Highways 404 & 407, approximately 35 minutes to downtown Toronto, and close to York Region's top-ranked schools, golf clubs, and the shops and dining of Markham and Stouffville. This prime location offers rural tranquility with exceptional future development and investment opportunity. A landmark property for discerning buyers and strategic investors alike!
Home details
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- N13868554
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 9
- Postal code
- L3P 3J3
- Kitchens
- 2
- Kitchens above grade
- 2
- Family room / den
- Yes
- Interior size (reported range)
- 5000 +
- Lot size
- 8.60 acres
- Lot depth
- 1,061.58 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 58
- Occupancy
- Owner
- Possession type
- Flexible
- Garage
- Detached
- Annual property tax
- 10588.49
- Basement
- Crawl Space
- Interior features
- Other
- Architectural style
- 2-Storey
- Parking features
- Private
- Pool features
- Indoor
- Fireplace
- Yes
- Waterfront
- No
- Garage available
- Yes
- Heating system
- Forced Air
- Heating fuel
- Propane
- Cooling
- Central Air
- Sewer
- Septic
- Direction facing
- West
- Construction materials
- Board & Batten , Other
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- MLS entry age (not confirmed DOM)
- 31 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Septic
- Heating system
- Forced Air
- Heating fuel
- Propane
- Cooling
- Central Air
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 7
- Rooms above grade
- 15
- Den / family room reported
- Yes
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $7,980,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- YORK
- Municipality
- MARKHAM
- MLS® community
- Rural Markham
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
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Nearby schools
No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.
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Transit near this property
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Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in Markham
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
11584 Highway 48, Markham, ON L3P 3J3, Markham is listed for sale as a Detached. The listing reports 7 bedrooms, 9 bathrooms, reported interior area of 5000 + (units not reported), kitchens reported as 2, parking spaces reported as 58, lot size reported as 8.60 acres. Asking price: $7,980,000. Occupancy is reported as Owner. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® N13868554.
Local context
Explore the area: Markham · Rural Markham.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: HC REALTY GROUP INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® N13868554. Information deemed reliable but not guaranteed.