Re-listed 37 days ago

8 Elspeth Pl, Markham, Ontario L3T 1C4

Detached
4 + 2
8
~5000 + sqft
$5,288,000
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Detached
4 + 2
8
~5000 + sqft

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Highlights

Property Estimate

Days on market37 days

Total days on market
71 days

Estimated valueNot available

Price/Sqft$529/sqft

Monthly cost

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+2

Properties sold*

$1.8M

Median sold price*

*Based on last 30 days

Description

Introducing 8 Elspeth Place, a newly constructed *RAVINE LOT* luxury estate nestled on the prestigious Grandview enclave of Markham. Situated at the end of a tranquil cul-de-sac and backing onto a serene ravine, this architectural masterpiece offers over 8,200 sq ft of meticulously designed living space on a 0.5-acre lot. The main floor boasts 12-foot ceilings adorned with exquisite chandeliers, while a grand 24-foot raised ceiling enhances the home's opulence. Designed for seamless modern living, the entire home features fully integrated smart technology, including Control4 automation for lighting, security, climate control, audio, and more accessible from your phone or built-in touchscreens throughout the house. The chef's kitchen is equipped with top-of-the-line Wolf and Sub-Zero appliances, complemented by a separate dirty kitchen for effortless entertaining. The residence features four spacious bedrooms upstairs, each with its own ensuite bathroom showcasing premium finishes and fixtures. An additional two bedrooms in the basement, one with an ensuite, provide ample space for family andguests. Additional highlights include a main floor office, a three-car garage with a car lift for luxury vehicles, and a three-lane heated driveway accommodating up to 12 cars. The basement is an entertainer's paradise, featuring a state-of-the-art gym, sauna, steam shower, home theater with surround sound and custom leather recliners, a recreation room, and a bar with a walk up to the ravine. This exceptional property combines unparalleled craftsmanship with cutting-edge smart home amenities, offering a lifestyle of sophistication, comfort, and tranquility.


Property Details

Style2-Storey
View-
Age of property0-5
SqFt~5000 + SqFt
Lot Size8,332 SqFt(144.66 x 57.6)
Parking Spaces16
MLS ®NumberN12221147
Community NameThornhill
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Basement: Walk-Up, Sep Entrance

Main Floor

Living

7.44 x 5.79

hardwood floor / Coffered Ceiling / Large Window

Dining

4.27 x 4.27

hardwood floor / Coffered Ceiling / Large Window

Dining

4.27 x 4.57

hardwood floor / Coffered Ceiling / Large Window

Family

6.4 x 5.18

2 Way Fireplace / hardwood floor / Pot Lights


Features

Lot size: 8,332 SqFt

Parking

Garage spaces 4

Garage type Built-In

Other parking spaces 12

Total parking spaces 16


Property History

Jun 14, 2025
ListedActive
$5,288,000
37 days on market
history photo preview40
Listing by trreb®

Market Data - Thornhill

Geo Zone Map ThumbnailThornhill

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

25 days

2023

9 days

2022

22 days

New Listings

Past 30 days

24 listings

Compared to

2024

14 listings

2023

17 listings

2022

16 listings

Units sold

Past 30 days

4 units

Compared to

2024

2 units

2023

6 units

2022

5 units

Median Sold Price

Past 30 days

$1,657,500

Compared to

2024

$1,835,009

2023

$1,595,000

2022

$1,880,000


Population and Demographics

Overview

Total population 11038
Average household income $154,945

Age (%)

0 to 19
18%
20 to 34
20%
35 to 49
20%
50 to 64
22%
65 and plus
20%

Household composition (%)

Single family
66%
Single person
27%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
39%
Iranian Persian
18%
Korean
10%
Mandarin
9%
Yue (Cantonese)
5%
Russian
5%
Tagalog (Pilipino, Filipino)
4%
Others
2%
Italian
2%
Persian (Farsi)
2%

House tenancy (%)

Owners
68%
Renters
32%

What’s nearby?Essentials within 5 km

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Transportation Scores

Estimated Budget