MLS® listing
113 Elgin Street: detached house for sale
$12,000,000
From the listing brokerage
Offered fully furnished, The One presents a rare turnkey opportunity for the most discerning buyer. Every room has been professionally designed and thoughtfully curated, allowing for a seamless transition into refined living. From bespoke furnishings to designer lighting and artful details, this residence is ready to be enjoyed from day one - simply arrive with your suitcase. The ONE - A Cutting-Edge Escape Beyond Imagination that unites architecture, innovation, and nature in flawless harmony. Designed by David Small Architects with interiors by Coz Design Inc., this modern masterpiece redefines luxury through serene sophistication and bold contemporary expression. Expansive glass, natural limestone, and seamless indoor-outdoor transitions dissolve boundaries between home and horizon.Interiors flow in a soft, neutral palette with custom Italian millwork, quarter-sawn walnut, and elegant stone detailing. The chef's kitchen, with granite waterfall island, Miele appliances, Muti cabinetry, and Bertazzoni double oven, pairs with a prep kitchen and walk-through servery for effortless entertaining. The owner's suite offers a private terrace, Large terrace with saltwater pool views, spa-inspired ensuite and fully appointed dressing room. Three additional suites feature breathtaking vistas and refined finishes. Smart home automation, private three-floor elevator, and discreet staff corridors elevate daily living. The lower level invites indulgence with a home theatre, glass wine cellar, nanny suite, fitness studio with Himalayan salt-wall sauna, and entertainment lounge. Outdoors, The One backs onto natural conservation land, so that you can naturally enjoy a covered living room with phantom screens, wood-burning fireplace, TEC grill, saltwater infinity edge pool and hot tub merging with the horizon. A year-round pool house with gourmet kitchen, pizza oven, and Kalamazoo grill completes this resort-inspired estate. A world of magnificence awaits!
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Approximate age | 0-5 |
| Style | 2-Storey |
| Basement | Finished, Walk-Up |
| Lot width | 88.32 |
| Lot depth | 278.14 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 18 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $28,564 |
| Tax year | 2025 |
| Parking | Circular Drive |
| Interior features | Bar Fridge, Generator - Full, Sauna, Sump Pump |
| Features | Electric Car Charger, Fenced Yard, School |
Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS® N13034458.
About this detached house
113 Elgin Street is a 5 bedroom detached house in TRREB's Thornhill community in Markham, listed for sale at $12,000,000. The listing shows 8 bathrooms and 5000 + square feet. The lot is listed as 88.32 by 278.14 feet. It comes with 18 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is Yonge St and Elgin St. The approximate age on the listing is 0-5 years.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing and written into the agreement of purchase and sale.
What it costs to buy 113 Elgin Street
At the asking price of $12,000,000, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $12,000,000 |
|---|---|
| Ontario land transfer tax | $286,475 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $2,400,000 |
The down payment figure is the federal minimum: 20 percent of the price, which applies at $1.5 million or more. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $28,564 a year, about $2,380 a month |
|---|
That is before a mortgage payment, home insurance and utilities. These are the figures on the listing, so check the current tax bill before you rely on them.
How the asking price compares
TRREB's Market Watch recorded 108 detached sales in Markham in September 2026, at a median of $1,381,500 and an average of $1,534,139. This home is listed at $12,000,000, which is $10,618,500 above that median.
A city-wide median covers every size, age and neighbourhood, so it is a reference point and not a valuation of this home. Lot, size, condition and location all move the price. Our September 2026 market report and our Markham house prices page have the figures for each home type.
What to check before you make an offer
- Book a home inspection. An inspection looks at the parts of a house you cannot judge at a showing. Our guide explains what a home inspection covers and misses.
- Ask for the survey. The listing gives the lot as 88.32 by 278.14 feet. If the seller has a survey, check the lot lines, fences and any easements against it.
- Confirm what stays. Have the appliances, fixtures and any rented equipment written into the offer.
- Confirm the parking. The listing shows 18 parking spaces.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the condition of the roof, the basement and the yard.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
About Thornhill
Thornhill is split down Yonge Street between Markham and Vaughan. The Markham side is the eastern half and it is the oldest established housing in the city.
Transit: YRT and Viva on Yonge Street and Highway 7, TTC connections at Steeles, Highway 404 and 407 nearby
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $663,000 | 13 sales, average $903,808 |
| Detached | About $1,495,000 | 5 sales, average about $1,391,000 |
| Condo apartment | About $525,000 | 7 sales, average about $542,000 |
Figures from TRREB's community housing market report, as listed in our Thornhill guide.
Questions about Thornhill
Is Thornhill the same as Markham?
No. Thornhill is a community that sits in two cities. The part east of Yonge Street is in the City of Markham and the part west of Yonge Street is in the City of Vaughan. This guide covers the Markham side.
Which side of Thornhill is Markham?
Yonge Street is the dividing line. East of Yonge is Markham, west is Vaughan. Two houses facing each other across Yonge sit in different municipalities, with different taxes and different city services.
How old is the housing?
Much of it dates from the 1950s through the 1980s, which makes this the most mature housing stock in Markham. Expect older systems and budget for them.
Is there a lot of rebuilding?
Yes. Large mature lots close to Toronto attract builders and several pockets have seen steady teardown and rebuild activity for years.
How is transit?
Better than most of Markham. Viva and YRT run on Yonge Street and Highway 7 and TTC connections at Steeles put the subway within reach without a car.
Who is buying here?
A mix. Downsizers who have been in the area for decades, families drawn by proximity to Toronto and builders. That mix keeps competition for good lots high.
Read the Thornhill neighbourhood guide · All Thornhill homes for sale
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Questions about 113 Elgin Street
How much is land transfer tax on 113 Elgin Street?
At the asking price of $12,000,000 the Ontario land transfer tax is $286,475. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 113 Elgin Street?
$2,400,000 at the asking price of $12,000,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 113 Elgin Street?
The listing shows $28,564 a year for 2025, about $2,380 a month.
Is 113 Elgin Street priced above or below the Markham median?
It is listed at $12,000,000. TRREB's September 2026 median for detached sales in Markham was $1,381,500 across 108 sales, so the asking price is $10,618,500 higher. The median covers every size and neighbourhood.
How do I book a showing for 113 Elgin Street?
Use the form on this page or call us. Quote MLS® N13034458. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 113 Elgin Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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