$2,148,000
For sale: Detached

**Attention Builders, Investors & Visionary Homeowners! Rare Opportunity at 41 Elgin Street.**An extraordinary opportunity awaits on **Elgin Street, one of Markham's most prestigious and sought-after streets.** This exceptional lot, measuring approximately **55 ft. x 469 ft.**, offers a rare ravine-like setting with privacy, tranquility, and endless possibilities.Renovate the existing residence and enjoy a resort-style backyard retreat, or take advantage of the opportunity to create the luxury estate you have always envisioned. **Ready to build with permit approved for approximately 5,300 sq. ft. across the first and second floors, with approximately 7,000 sq. ft. of total luxury living space.**Ideal for builders, investors, and discerning homeowners, this remarkable property provides the perfect canvas for a spectacular custom residence with expansive living spaces, luxurious finishes, exceptional outdoor living, and a private backyard sanctuary.The extraordinary lot depth creates endless opportunities for gardens, recreation, entertaining, and creating a true family retreat. Located in a highly desirable and established neighborhood, 41 Elgin Street offers the perfect balance of prestige, privacy, and convenience, surrounded by top-rated schools, parks, shopping, restaurants, transit, and major amenities.Whether you are a builder seeking a showcase project, an investor looking for a premium opportunity, or a homeowner ready to create a legacy estate, this property delivers.**Live in it. Renovate it. Expand it. Or build the home you've always dreamed of.****41 Elgin Street - a rare opportunity to create your legacy on one of Markham's finest streets. Truly a rare gem.**
Sold data
Detached homes in Markham (Thornhill) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 37, across 361 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.
The median sale price was $1,449,900.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 32% of sales closed above the list price.
Around 8% of sellers reduced their price before finding a buyer.
Based on 361 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Markham (Thornhill) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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