




41 Elgin Street
Thornhill, Markham
$2,148,000
**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.**
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| Type | Detached |
| Style | Sidesplit 4 |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $11,933 |
| Lot Size | 55 ft x 469.1 ft |
| mls© Number | N13700390 |
| Listed By | SOLTANIAN REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,994
- Property tax
- $994
- Heat allowance
- $150
- Housing costs
- $12,139 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$374,000
gross annual household income
- Payment at 4%
- $9,039 / mo
- Cash down
- $429,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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