MLS® listing
118 Village Gate Drive: detached house for sale
$2,555,000
From the listing brokerage
** Lucky Spiritual #118 ** Luxury Living In Prestigious Cachet Community * 4+2 Bedrooms * 7 Bathrooms * 9 Ft Ceiling * Crown Moulding * Carpet Free Home* (New Kitchen, New 5 Bathrooms, New Tile Floor, New Zebra Blinds, All New Main Floor Appliances In 2025) Bright Open-Concept Layout * Updated Flooring Throughout Main * Elegant Dining Room With Cathedral Ceiling * Spacious Family Room With Gas Fireplace * Main Floor Office Perfect For Working From Home * Staircase Featuring Modern Metal Railings * Skylight On Second Floor For Natural Light * Every bedroom with a Renovated Ensuite Bathroom * Primary Retreat Featuring Brand New 7Pc Ensuite & Walk-In Closet * Separate Entrance To 2 Bedroom Basement In-Law Suite with Separate Laundry Room Perfect for Multi Generational Families * Pot Lights Throughout * 3 Car Garage & Parking For 9 Vehicles * Patterned Concrete Driveway* Located Close To Top-Rated Schools, Parks, Shopping, Transit & Major Highways * Exceptional Opportunity In One Of Markham's Most Sought-After Neighbourhoods. Furnace (4yrs)
Facts on the listing
| Square feet | 3500-5000 |
|---|---|
| Style | 2-Storey |
| Basement | Separate Entrance, Finished |
| Lot width | 61.62 |
| Lot depth | 147 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 9 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Rooms | 11 |
| Property tax | $11,138 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | Auto Garage Door Remote, Central Vacuum, Carpet Free |
Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS® N13804274.
About this detached house
118 Village Gate Drive is a 6 bedroom detached house in TRREB's Cachet community in Markham, listed for sale at $2,555,000. The listing shows 7 bathrooms and 3500-5000 square feet. The lot is listed as 61.62 by 147 feet. It comes with 9 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is Woodbine/ Major Mackenzie.
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 118 Village Gate Drive
At the asking price of $2,555,000, 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 | $2,555,000 |
|---|---|
| Ontario land transfer tax | $50,350 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $511,000 |
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 (2026) | $11,138 a year, about $928 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 $2,555,000, which is $1,173,500 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 61.62 by 147 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 9 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.
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 118 Village Gate Drive
How much is land transfer tax on 118 Village Gate Drive?
At the asking price of $2,555,000 the Ontario land transfer tax is $50,350. 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 118 Village Gate Drive?
$511,000 at the asking price of $2,555,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 118 Village Gate Drive?
The listing shows $11,138 a year for 2026, about $928 a month.
Is 118 Village Gate Drive priced above or below the Markham median?
It is listed at $2,555,000. TRREB's September 2026 median for detached sales in Markham was $1,381,500 across 108 sales, so the asking price is $1,173,500 higher. The median covers every size and neighbourhood.
How do I book a showing for 118 Village Gate Drive?
Use the form on this page or call us. Quote MLS® N13804274. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 118 Village Gate Drive 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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