MLS® listing
16 Rinas Avenue: detached house for sale
$4,280,000
From the listing brokerage
This exceptional family residence features a rare 3+1 tandem garage and is situated on an impressive approximately 72 X 274 ft lot, surrounded by parks, mature greenery and peaceful outdoor spaces. The impressive main floor features soaring 10ft ceilings, a library with wainscotting and French doors, an elegant dining room with a walkout to the deck, and a dramatic open-to-above living room with walkouts to the deck, side yard and overlooking the waterfall feature. The spacious chef's kitchen is equipped with built-in appliances, a gas cooktop, centre island and heated flooring, opening seamlessly to a bright breakfast area with a walkout to the backyard deck. The inviting family room features a coffered ceiling, gas fireplace and beautiful backyard views. The second floor offers five generously sized bedrooms and each room with ensuite and walkin closet. The luxurious primary suite features his-and-hers closets, tranquil backyard views and a spa-inspired 7-piece ensuite with heated flooring. The finished walk-up basement provides exceptional additional living space, complete with a large recreation room, kitchen, two bedrooms, a 3-piece bathroom, laundry room and spacious mirrored gym with direct access to the backyard. The spectacular backyard has been professionally landscaped. Beautiful stonework, a captivating water feature with two fountains( front & back), thoughtfully designed seating and entertaining areas, and a premium hot tub combine to deliver an exceptional resort-style experience at home. Located in an excellent school district with highly ranked elementary and secondary schools, including one of the area's top-ranked high schools. Enjoy outstanding convenience with easy access to highways, Costco, supermarkets, shopping, parks and everyday amenities. An outstanding home offering exceptional space, comfort, privacy and convenience in a highly desirable community.
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Style | 2-Storey |
| Basement | Finished |
| Lot width | 72.39 |
| Lot depth | 274.34 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 10 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $17,261 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | Air Exchanger, Auto Garage Door Remote, Carpet Free, Storage, Water Heater, Water Softener |
| Features | Park, School, Rec./Commun.Centre, Public Transit, Library |
Listing courtesy of RE/MAX REALTRON LUCKY PENNY HOMES REALTY. MLS® N13810484.
About this detached house
16 Rinas Avenue is a 7 bedroom detached house in TRREB's Victoria Square community in Markham, listed for sale at $4,280,000. The listing shows 7 bathrooms and 5000 + square feet. The lot is listed as 72.39 by 274.34 feet. It comes with 10 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is Victoria Square Blvd & Elgin Mills Rd E.
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 16 Rinas Avenue
At the asking price of $4,280,000, 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 | $4,280,000 |
|---|---|
| Ontario land transfer tax | $93,475 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $856,000 |
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) | $17,261 a year, about $1,438 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 $4,280,000, which is $2,898,500 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 72.39 by 274.34 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 10 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 16 Rinas Avenue
How much is land transfer tax on 16 Rinas Avenue?
At the asking price of $4,280,000 the Ontario land transfer tax is $93,475. 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 16 Rinas Avenue?
$856,000 at the asking price of $4,280,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 16 Rinas Avenue?
The listing shows $17,261 a year for 2026, about $1,438 a month.
Is 16 Rinas Avenue priced above or below the Markham median?
It is listed at $4,280,000. TRREB's September 2026 median for detached sales in Markham was $1,381,500 across 108 sales, so the asking price is $2,898,500 higher. The median covers every size and neighbourhood.
How do I book a showing for 16 Rinas Avenue?
Use the form on this page or call us. Quote MLS® N13810484. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 16 Rinas Avenue 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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