MLS® listing
15 Sylvia Court: detached house for sale
$8,800,000
From the listing brokerage
** The Grand Palazzo Cachet ** A rare opportunity to own one of Markham's most distinguished luxury residences. Set on *1.93 acres* in prestigious *Cachet Estates*, The Grand Palazzo Cachet is an extraordinary Italian Renaissance-inspired estate offering over 15,000 square feet of luxurious living space*, timeless European elegance, exceptional craftsmanship, and unparalleled privacy. A stately arrival introduces interiors of remarkable scale and sophistication, featuring soaring ceilings, exquisite architectural detailing, custom millwork, imported finishes, and *radiant heated limestone floors throughout *. Every element has been thoughtfully designed to create an atmosphere of warmth, grandeur, and refined living. The magnificent Great Room serves as the heart of the residence, seamlessly combining an elegant living room and piano salon. Bathed in natural light, multiple French doors open onto an expansive terrace framed with elegant wrought-iron detailing, creating a seamless indoor-outdoor setting ideal for sophisticated entertaining, musical evenings, and cherished family gatherings. The home offers beautifully appointed formal entertaining spaces, inviting family areas, and a gourmet kitchen designed for both everyday living and exceptional hospitality. Luxurious bedroom suites provide comfort and privacy, while the impressive primary retreat offers a spa-inspired ensuite and refined dressing areas. The expansive walk-out lower level extends the living experience with versatile spaces for recreation, entertainment, relaxation, and multi-generational living, all opening directly to the spectacular grounds. Outside, professionally landscaped gardens, mature trees, manicured lawns, elegant terraces, and a *private tennis court* create a private European-inspired retreat rarely found in the Greater Toronto Area. Ideally located in Cachet Estates, close to renowned schools, championship golf courses, dining, shopping, and major transportation.
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Style | 2-Storey |
| Basement | Partially Finished |
| Lot width | 280.27 |
| Lot depth | 306.54 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 20 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $36,758 |
| Tax year | 2025 |
| Parking | Circular Drive |
| Interior features | Air Exchanger, Atrium, Auto Garage Door Remote, Built-In Oven, Central Vacuum, ERV/HRV |
| Features | Clear View, Cul de Sac/Dead End, Golf, Greenbelt/Conservation, Wooded/Treed, Hospital |
Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS® N13537014.
About this detached house
15 Sylvia Court is a 6 bedroom detached house in TRREB's Devil's Elbow community in Markham, listed for sale at $8,800,000. The listing shows 7 bathrooms and 5000 + square feet. The lot is listed as 280.27 by 306.54 feet. It comes with 20 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is Major Mackenzie Dr/Woodbine Ave.
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 15 Sylvia Court
At the asking price of $8,800,000, 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 | $8,800,000 |
|---|---|
| Ontario land transfer tax | $206,475 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $1,760,000 |
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) | $36,758 a year, about $3,063 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 $8,800,000, which is $7,418,500 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 280.27 by 306.54 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 20 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 15 Sylvia Court
How much is land transfer tax on 15 Sylvia Court?
At the asking price of $8,800,000 the Ontario land transfer tax is $206,475. 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 15 Sylvia Court?
$1,760,000 at the asking price of $8,800,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 15 Sylvia Court?
The listing shows $36,758 a year for 2025, about $3,063 a month.
Is 15 Sylvia Court priced above or below the Markham median?
It is listed at $8,800,000. TRREB's September 2026 median for detached sales in Markham was $1,381,500 across 108 sales, so the asking price is $7,418,500 higher. The median covers every size and neighbourhood.
How do I book a showing for 15 Sylvia Court?
Use the form on this page or call us. Quote MLS® N13537014. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 15 Sylvia Court 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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