2946-2956 Elgin Mills Road, Markham, ON

$13,000,000
MLS#:N13087922
36 beds
36 baths
5000 + sqft
24.0 parking
Residential Freehold
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Added:May 6, 2026(115 days ago)
Updated:Jul 22, 2026(38 days ago)
Last Checked:4 minutes ago

Property Highlights

Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of Victoria Square. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $13,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 36 Bedrooms and 36 Bathrooms with 12 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 150 x 99 ft lot
  • Features a finished, walk-up, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 24.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Built-In Oven, Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Investment Property With Elevator $$$$Luxury Developed Opportunity - Prime Location Near Elgin Mills & Hwy 404. A Rare Offering Of 6 Luxury Semi-Detached Residences Situated On A Private Road With The Potential To Create An Exclusive Gated Community.Each Home Features 5 Spacious Bedrooms, ELEVATOR Accessing All 4 Levels For Convenience. 4-Car parking, Fully Finished Basement With Separate Walk Up Entrance With 1bedroom suite, Currently In The Process Of Conversion To12 Residential units. Strong Potential To Expand To 18 Units, Maximizing Density And Investment Return.Offering Convenient Access To Major Routes, Amenities, And Future Growth. An Exceptional Opportunity For Investors Or Developers Seeking A High-End, Income-Generating Project With Significant Upside. The Most Breathtaking Brand-New Luxury Residences Located In The Sought After Community Of Victoria Square. With $100k+ Upgraded Blending Modern Luxury With Timeless Elegance.Offers Approximately 3700 Sq Ft Of Finished Luxury Living Space Formal Living And Dining For Large Gatherings And Walk-Out To A Large Terrace. A Gourmet Kitchen At The Heart Of The Home Featuring Built-In Appliances, Custom Cabinetry And A Grand Island. The Perfect Retreat For A Multi-Generational Family With A Finished Basement. A Large Master Bedroom With A Walk-Out To A Private Terrace. All 6 Semi-Detached Combined 30 Above Ground Rooms And 6 Rooms In The Bsmt. (Elevator, Alarm System, Ev Charger, Smart Thermostat, Pot lights & Harwood Flooring Through The House)Potential For: Retirment Home, Hotel Botique, Senior Living, Memory Care And Many More...

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Property Summary

This detached home located at 2946-2956 Elgin Mills Road, Markham is currently for sale and has been available on SousaSells for 115 days. This property is listed at $13,000,000 with an estimated mortgage of $43,272* per month. It has 36 beds, 36 bathrooms, and is 5000 + square feet. 2946-2956 Elgin Mills Road, Markham is in the Victoria Square neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 36 bedrooms and 36 bathrooms, this home offers ample space and comfort for growing families in Victoria Square, Markham.

Highly Recommended for Families
What We Love About This Home
  • •36 spacious bedroom layout offering versatile living space
  • •36 well-appointed bathrooms
  • •5000 + sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Victoria Square, Markham.

Target Buyer Match

Key Features

Bedrooms
36
Bathrooms
36
Kitchens
12
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedMay 6, 2026 (115 days ago)
UpdatedJul 22, 2026 (38 days ago)
Last Checked4 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style3-Storey
ConstructionBrick
BasementFinished, Walk-Up, Separate Entrance
Lot Size150 Ă— 99 Feet
CountyYork
Annual Tax$1
Legal DescriptionPART LOT 26, CONCESSION 3; PARTS 2 & 9, PLAN 65R39916 SUBJECT TO AN EASEMENT IN GROSS OVER PART 9, PLAN 65R39916 AS IN YR3522823 SUBJECT TO AN EASEMENT IN GROSS AS IN YR3710008 CITY OF MARKHAM

Parking & Garage

Parking Total24.0
Parking Space12
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Built-In Oven
  • Auto Garage Door Remote
  • Central Vacuum
  • ERV/HRV

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 2946-2956 Elgin Mills Road, Markham, ON

Q.What is the asking price for 2946-2956 Elgin Mills Road, Markham, ON ?

The current listing price for 2946-2956 Elgin Mills Road, Markham, ON in Victoria Square, Markham is $13,000,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 36 bedrooms and 36 bathrooms across approximately 5000 + sqft.

Q.What property type and architectural style is 2946-2956 Elgin Mills Road, Markham, ON ?

2946-2956 Elgin Mills Road, Markham, ON is a Semi-Detached (3-Storey) featuring a Finished, Walk-Up, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Auto Garage Door Remote, Central Vacuum, ERV/HRV.

Q.Is parking available at this property?

Yes, this property offers parking space for 24.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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2946-2956 Elgin Mills Road, Markham, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Victoria Square, Markham

SAFETY RATING9.7 / 10
Low Incident Area
Total Annual Incidents16 incidents / yr
Average Per Month1.3 incidents / mo
Population Benchmark8,000 residents
Personal Safety
Very Low

2 assaults (25.0/100k)

Property Security
Low

4 B&E (50.0/100k)

Auto Theft Risk
Moderate

6 thefts (75.0/100k)

1-Year Trend
â–Ľ 7.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2946-2956 Elgin Mills Road E, Markham, ON L6C 1K9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$3,900,000 (30.0%)
* Minimum Canadian down payment required for this price is $2,600,000.
Amortization Period30 Years
Estimated Monthly Payment$43,272Based on a loan of $9,100,000 over 30 years.
Purchase Price$13,000,000
Loan Amount$9,100,000
Provincial Land Transfer Tax:$311,475
Total Estimated Closing Taxes:$311,475

About Purchasing a Home in Markham, ON

For a property listed at $13,000,000 in Markham, the legal minimum down payment is $2,600,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $311,475 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $311,475.

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Victoria Square, Markham Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Victoria Square, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$2,290,830

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Best Schools in Victoria Square, Markham

Elementary Schools

Victoria Square
Public50 Prince Of Wales Drive, Markham, Ontario, L6C 0K2
7.6
Lincoln Alexander
Public38 Hillmount Road, Buttonville, Markham, Ontario, L6C 2H4
9.0
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5

Victoria Square, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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