MLS® listing
2946-2956 Elgin Mills Road E: semi-detached house for sale
$13,000,000
From the listing brokerage
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...
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Approximate age | New |
| Style | 3-Storey |
| Basement | Finished, Walk-Up, Separate Entrance |
| Lot width | 150 |
| Lot depth | 99 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 24 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 12 |
| Property tax | $1 |
| Tax year | 2025 |
| Interior features | Built-In Oven, Auto Garage Door Remote, Central Vacuum, ERV/HRV |
Listing courtesy of CENTRAL HOME REALTY INC.. MLS® N13087922.
About this semi-detached house
2946-2956 Elgin Mills Road E is a 36 bedroom semi-detached house in TRREB's Victoria Square community in Markham, listed for sale at $13,000,000. The listing shows 36 bathrooms and 5000 + square feet. The lot is listed as 150 by 99 feet. It comes with 24 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is Elgin Mills Rd E & Woodbine Ave. The approximate age on the listing is New.
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 2946-2956 Elgin Mills Road E
At the asking price of $13,000,000, 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 | $13,000,000 |
|---|---|
| Ontario land transfer tax | $311,475 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $2,600,000 |
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) | $1 a year, about $0 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 18 semi-detached sales in Markham in September 2026, at a median of $999,000 and an average of $1,019,322. This home is listed at $13,000,000, which is $12,001,000 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 150 by 99 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 24 parking spaces.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. 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.
Markham homes and neighbourhoods
This site covers Markham neighbourhood by neighbourhood, with TRREB prices, housing and transit for each one. The search also lists homes in the cities around Markham.
Markham neighbourhood guides · Markham house prices · All Markham homes for sale
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Questions about 2946-2956 Elgin Mills Road E
How much is land transfer tax on 2946-2956 Elgin Mills Road E?
At the asking price of $13,000,000 the Ontario land transfer tax is $311,475. 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 2946-2956 Elgin Mills Road E?
$2,600,000 at the asking price of $13,000,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 2946-2956 Elgin Mills Road E?
The listing shows $1 a year for 2025, about $0 a month.
Is 2946-2956 Elgin Mills Road E priced above or below the Markham median?
It is listed at $13,000,000. TRREB's September 2026 median for semi-detached sales in Markham was $999,000 across 18 sales, so the asking price is $12,001,000 higher. The median covers every size and neighbourhood.
How do I book a showing for 2946-2956 Elgin Mills Road E?
Use the form on this page or call us. Quote MLS® N13087922. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 2946-2956 Elgin Mills Road E 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.
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