4572 14th Avenue, Markham

Price: $4,299,999

15 bedrooms, 10 bathrooms

5,000+ sqft

Property Type: New Construction

MLS#: N13659274

**A Rare Markham Gem & Once-In-A-Lifetime Opportunity!** Nestled in one of Markham's most prestigious custom estate neighbourhoods, this exceptional residence offers **6,800+ sq. ft. of above-grade living space**, an expansive estate-sized lot, beautiful mature landscaping, and parking for **20+ vehicles**-an unprecedented combination of scale and location near the core of Markham.The grand Cathedral Granite Foyer/central hall features marble flooring, soaring ceilings open to the second level, and two stairwells. The main floor offers a living room, dining room, multiple family rooms, bedroom, and two offices, with hardwood flooring throughout. The spacious kitchen features **cherry-finish cabinetry and granite countertops**, while the breakfast area provides walkouts to the rear balcony and patio.The second level features an approximately **1,400 sq. ft. banquet party room** with hardwood flooring and gas fireplace, along with **six bedrooms, each with its own ensuite**. The primary suite features a custom 5-piece ensuite, with marble/granite finishes and stone countertops throughout the bathrooms.The **finished private walk-out basement** provides additional living space and flexibility. The beautifully landscaped rear grounds feature a **gazebo, utility shed, and dedicated expansion for a large jacuzzi/pool with its own dedicated washroom**, creating excellent potential for private outdoor entertaining.Ideally located minutes from **Downtown Markham, top-ranked schools, York University Markham Campus, GO stations, Pacific Mall, CF Markville Mall, and major shopping**.**A rare opportunity to own an estate of extraordinary scale, land, landscaping, and location-truly difficult to replicate in its location in Markham.****Power of Sale. Property being sold "As Is, Where Is." Property will be provided to the purchaser vacant upon closing. Buyers and cooperating representatives to conduct their own due diligence.**

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$4,299,999 - 4572 14th Avenue, Markham

New Construction for Sale in Markham

Popular Listing

Neighbourhood: Milliken Mills East

15Beds
10Baths
5,000+Sq Ft
New Construction
Property Details
MLS Number
N13659274
Property Type
New Construction
Status
active
Days on Site
13
Bedrooms
15
Bathrooms
10
Square Feet
5,000+ sqft
Neighbourhood
Markham
Listing Brokerage
BENCHMARK SIGNATURE REALTY INC.
Description

**A Rare Markham Gem & Once-In-A-Lifetime Opportunity!** Nestled in one of Markham's most prestigious custom estate neighbourhoods, this exceptional residence offers **6,800+ sq. ft. of above-grade living space**, an expansive estate-sized lot, beautiful mature landscaping, and parking for **20+ vehicles**-an unprecedented combination of scale and location near the core of Markham.The grand Cathedral Granite Foyer/central hall features marble flooring, soaring ceilings open to the second level, and two stairwells. The main floor offers a living room, dining room, multiple family rooms, bedroom, and two offices, with hardwood flooring throughout. The spacious kitchen features **cherry-finish cabinetry and granite countertops**, while the breakfast area provides walkouts to the rear balcony and patio.The second level features an approximately **1,400 sq. ft. banquet party room** with hardwood flooring and gas fireplace, along with **six bedrooms, each with its own ensuite**. The primary suite features a custom 5-piece ensuite, with marble/granite finishes and stone countertops throughout the bathrooms.The **finished private walk-out basement** provides additional living space and flexibility. The beautifully landscaped rear grounds feature a **gazebo, utility shed, and dedicated expansion for a large jacuzzi/pool with its own dedicated washroom**, creating excellent potential for private outdoor entertaining.Ideally located minutes from **Downtown Markham, top-ranked schools, York University Markham Campus, GO stations, Pacific Mall, CF Markville Mall, and major shopping**.**A rare opportunity to own an estate of extraordinary scale, land, landscaping, and location-truly difficult to replicate in its location in Markham.****Power of Sale. Property being sold "As Is, Where Is." Property will be provided to the purchaser vacant upon closing. Buyers and cooperating representatives to conduct their own due diligence.**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$19,020.34/mo

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5%20%50%

5-yr fixed avg.

Principal: $3,439,999Interest: $2,266,104
Mortgage Amount$3,439,999
Total Interest$2,266,104
Est. Property Tax$3,046/mo
Total Cost$5,706,103

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.

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Neighbourhood Guide: Milliken Mills East

Discover Milliken Mills East

Milliken Mills East 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 Milliken Mills East

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Milliken Mills East 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.

70
Walk Score
Varies
Price Range

4572 14th Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$9,200/mo
Range: $7,820 - $10,580
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$9,200
Maintenance Fees-$0
Property Tax (est.)-$3,046
Insurance (est.)-$896
Net Cash Flow+$5,258

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $860/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 15 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 10 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.

About Milliken Mills East

I know Milliken Mills East well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $17,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    4572 14th Avenue, Markham | $4,299,999 | Battaglia Team