$7,980,000 - 11584 Highway 48 N/A, Markham
Detached for Sale in Markham
New — Listed yesterdayNeighbourhood: Rural Markham
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- MLS Number
- N13868554
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 7
- Bathrooms
- 9
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Markham
- Lot Size
- 9 sqft
- Taxes (2026)
- $10,588
- Listing Brokerage
- HC REALTY GROUP INC.
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!
Estimate your monthly payments for this property
Estimated Payment
$35,298.23/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Rural Markham
Rural Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Rural Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Rural Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
11584 Highway 48 N/A, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1596/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 9 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.