MLS® listing
8 Ridgevale Drive: detached bungalow for sale
$2,999,900
From the listing brokerage
Welcome to 8 Ridgevale Dr, Markham! A rare opportunity to own an exceptional 1+ acre property in the prestigious Box Grove community, backing onto the scenic Rouge River and surrounded by impressive multi-million-dollar estates.This spacious home features a stunning upgraded kitchen with a large quartz island and countertops, built-in KitchenAid gourmet appliances, Electrolux side-by-side refrigerator/freezer, warming drawer, built-in wine/drink cooler, and Faber range hood.Enjoy a wonderful combination of privacy, comfort, and outdoor living with a hot tub, inground pool, and security & surveillance system. With 3+2 bedrooms and 12 parking spaces, this property offers exceptional space and flexibility for families and future plans.Whether you choose to move in, renovate, or build your dream estate, this is a truly unique opportunity in one of Markham's desirable communities.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Approximate age | 51-99 |
| Style | Bungalow |
| Basement | Separate Entrance, Walk-Out, Finished |
| Lot width | 135 |
| Lot depth | 342.69 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 12 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $10,791 |
| Tax year | 2026 |
| Parking | Private Double |
| Interior features | Water Heater |
| Features | Fenced Yard, Hospital, Library, Park, Ravine, School |
| View | Creek/Stream, River, Trees/Woods, Valley |
Listing courtesy of ROYAL LEPAGE IGNITE REALTY. MLS® N13858940.
About this detached bungalow
8 Ridgevale Drive is a 5 bedroom detached bungalow in TRREB's Box Grove community in Markham, listed for sale at $2,999,900. The listing shows 4 bathrooms and 2000-2500 square feet. The lot is listed as 135 by 342.69 feet. It comes with 12 parking spaces according to the listing. The garage is listed as attached. The nearest main intersection given is Ninth Line / Ridgevale Dr. The approximate age on the listing is 51-99 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 8 Ridgevale Drive
At the asking price of $2,999,900, 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 | $2,999,900 |
|---|---|
| Ontario land transfer tax | $61,473 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $599,980 |
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) | $10,791 a year, about $899 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 $2,999,900, which is $1,618,400 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 135 by 342.69 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 12 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.
About Box Grove
A nineteenth century hamlet with two thousands subdivisions built around it, tucked into Markham's southeast corner next to Highway 407.
Transit: YRT local routes, Highway 407 immediately south, Markham GO a drive north
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $1,177,500 | 8 sales, average $1,186,250 |
| Detached | About $1,345,000 | 5 sales, average about $1,349,000 |
Figures from TRREB's community housing market report, as listed in our Box Grove guide.
Questions about Box Grove
Is highway noise a problem?
On the streets closest to Highway 407 it can be. This is worth checking in person, with the windows open, before you commit to a specific address.
What is left of the original hamlet?
A small cluster of older buildings and streets that predate the surrounding subdivisions. It gives the neighbourhood a name and a bit of character that the newer streets do not have.
Is it convenient for commuting?
For drivers heading east or west on Highway 407, extremely. For a downtown train commute it is one of the less convenient parts of Markham, since Markham GO is a drive north.
Is there shopping nearby?
The Boxgrove retail area covers day to day needs. Larger shopping is along Markham Road and Highway 7.
Does it suit first time buyers?
It can be, particularly for buyers who drive. Resale supply is thin, though. TRREB recorded 8 sales in all of Box Grove from January to March 2026, so be ready to wait for the right property.
Read the Box Grove neighbourhood guide · All Box Grove homes for sale
Questions about 8 Ridgevale Drive
How much is land transfer tax on 8 Ridgevale Drive?
At the asking price of $2,999,900 the Ontario land transfer tax is $61,473. 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 8 Ridgevale Drive?
$599,980 at the asking price of $2,999,900, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 8 Ridgevale Drive?
The listing shows $10,791 a year for 2026, about $899 a month.
Is 8 Ridgevale Drive priced above or below the Markham median?
It is listed at $2,999,900. TRREB's September 2026 median for detached sales in Markham was $1,381,500 across 108 sales, so the asking price is $1,618,400 higher. The median covers every size and neighbourhood.
How do I book a showing for 8 Ridgevale Drive?
Use the form on this page or call us. Quote MLS® N13858940. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 8 Ridgevale 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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