11584 HIGHWAY 48, Markham
$7,980,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 7 bedrooms, 9 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® N13868554
- Neighbourhood
- Rural Markham
Rare Opportunity! This magnificent modern country estate situated on a prime over 8 acre parcel in Markham boasts 7,450 sq. ft. of ultra-luxurious living space featuring a grand foyer with soaring ceilings and a water feature, 7 spacious bedrooms (6 ensuites), 9 bathrooms, a main-level primary suite with a steam sauna, a main-floor gym, a climate-controlled wine cellar, a heated-floor sunroom, and a chef's kitchen setup with commercial grade appliances and luxury marble slabs. Designed for ultimate relaxation and entertainment, the property offers upper-level rooms with walk-out composite decks, a resort-style indoor saltwater spa pool (completed in 2023) with a Jacuzzi and dedicated bath, and a fully renovated detached barn complete with a bar, KTV lounge, bathroom, and upper loft. The beautifully landscaped grounds showcase a fountain garden, a kids' outdoor playground, and a free-standing 8-car garage with 2 EV chargers alongside parking for 50+ vehicles, all supported by fully owned mechanical systems including a 400 Amp panel, backup generator, well filtration, septic, and propane tanks. Rural privacy in north Markham with the city within easy reach: quick access to Highways 404 & 407, approximately 35 minutes to downtown Toronto, and close to York Region's top-ranked schools, golf clubs, and the shops and dining of Markham and Stouffville. This prime location offers rural tranquility with exceptional future development and investment opportunity. A landmark property for discerning buyers and strategic investors alike!
Sold data
Homes in Markham — recent sold market
Homes in Markham took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 42, across 791 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $1,038,000.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 29% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
- Median days to sell
- 22
- Median sale price
- $1,038,000
- Sale-to-list ratio
- 97.4%
- Sold above asking
- 29%
Based on 791 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Markham
Markham has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.
- Rated schools
- 95
- Elementary
- 76
- Secondary
- 19
- Average rating
- 7.9 / 10
Top-rated schools in Markham
- St. Augustine — secondaryFraser rating 10.0/10
- E T Crowle — elementaryFraser rating 9.5/10
- Pierre Elliott Trudeau — secondaryFraser rating 9.5/10
- Sainte-Marguerite-Bourgeoys — elementaryFraser rating 9.5/10
- Ashton Meadows — elementaryFraser rating 9.4/10
- Castlemore — elementaryFraser rating 9.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 11584 HIGHWAY 48
$6,890,000
Detached7+295,000–100,000 sqft755557 2ND LINE E, Rural Mono, Mono
$14,995,000
Detached9+1175,000–100,000 sqft50 PARK LANE CIRCLE, Bridle Path-Sunnybrook-York Mills, Toronto
$10,795,000
Detached5+185,000–100,000 sqft50 TEDDINGTON PARK AVENUE, Lawrence Park North, Toronto
$9,988,000
Detached6+185,000–100,000 sqft16 SIRONA'S LANE, Bayview Southeast, Aurora
$13,680,000
Detached6+195,000–100,000 sqft90 ARJAY CRESCENT, Bridle Path-Sunnybrook-York Mills, Toronto
$9,980,000
Detached6+2105,000–100,000 sqft55 THORNBANK ROAD, Uplands, Vaughan
$11,500,000
Detached6+185,000–100,000 sqft92 ARJAY CRESCENT, Bridle Path-Sunnybrook-York Mills, Toronto
$5,388,000
Detached7+285,000–100,000 sqft12975 MILL ROAD, Rural King, King