Listed 3% above the Royal Orchard benchmark for detached homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Rare Opportunity for Builders, Developers & Investorsall the Hard Work is Done. The Current Owner Has Partnered With Designers, Architects, and the City of Markham to Produce Fully Approved Plans for a Stunning Modern Luxury Home. Priced at Land Value With Approved Building Permits Included, Simply Pull the Permits and Build.the Proposed Home Offers Approximately 3,800 Sq Ft Above Grade Across Two Storeys, Featuring 4 Spacious Bedrooms Each With Their Own Ensuite, a Grand Foyer, Chef's Kitchen, Breakfast Area, Family Room, Formal Living and Dining, and a Dedicated Home Office. The Fully Finished Basement Adds a Gym, Recreation Room, Wet Bar, Wine Cellar, and Sauna. An Elevator, Covered Deck, and 2-car Garage Complete This Exceptional Design.with an Estimated Build Cost of Approximately $1.5m in Premium Finishes, and Comparable New Builds in the Area Valued Near $3.08m, the Upside is Undeniable. Seller Take Back (Loan) May Be Considered for Qualified Buyers. Located on a Premium Ravine Lot in a Sought-after, Family Friendly Markham Neighbourhood With Easy Access to Hwy 407, Top-rated Schools, Dining, and an Upcoming Subway LINE.
Property details
Listed on
May 19, 2026
Days on market
66 days
Property tax
$10,037.24 (2025)
Lot
55 × 110.72 Feet
Style
Backsplit 5
Heating
Forced Air
Cooling
Central Air
MLS®
N13144934
Full details
Parking
GarageBuilt-In
Total parking6
Parking featuresPrivate
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 8.2%
$
Down:or type any amount above
This price requires at least 8.2% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$24,195
Legal · title · inspection$2,800
Closing costs$26,995
Down payment$113,600
Total cash to close$140,595
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.