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New4 days ago

41 Elgin Street

Thornhill, Markham

$1,499,000

Detached|Sidesplit 4
4 | 4 | 4
About this home

Attention Builders, Investors & Visionary Homeowners! Rare Opportunity at 41 Elgin Street.An extraordinary and rarely offered opportunity awaits on one of the area's most impressive properties. This exceptional lot measuring approximately 55 ft. x 469 ft. of depth presents endless possibilities for those seeking a unique investment, development opportunity, or private estate setting.Renovate the existing residence and enjoy resort-style living with a stunning backyard retreat, exceptional privacy, and the unmatched tranquility of this extraordinary deep lot - or take advantage of the opportunity to tear down and build the custom dream home you have always envisioned.Permit-ready and ideal for builders, investors, and discerning homeowners, this remarkable property offers the perfect canvas for a signature residence. Imagine creating a spectacular custom home featuring expansive living spaces, luxury finishes, a stunning outdoor oasis, and a backyard experience rarely found in the city.Located in a highly desirable and established neighborhood, 41 Elgin Street combines convenience, privacy, and future potential. The impressive lot depth provides endless opportunities for outdoor living, entertaining, gardens, recreation, and creating a true family sanctuary.Whether you are a builder searching for your next showcase project, an investor looking for a premium opportunity, or a homeowner ready to enjoy a private retreat today while planning your future vision, this property delivers exceptional possibilities.Surrounded by top-rated schools, parks, shopping, restaurants, transit, and major amenities, this location offers the perfect balance of lifestyle and convenience.Opportunities to own a lot of this size and character are exceptionally rare. Live in it. Love it. Renovate it. Expand it. Or build the home you have always dreamed of.41 Elgin Street is more than a property - it is a chance to create your legacy. Truly a rare Gem.

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agent
Milad Momtaz Azad
(647) 510-8858

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleSidesplit 4
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$11,933
Lot Size55 ft x 469.1 ft
mls© NumberN13625216
Listed BySOLTANIAN 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%
$7,673
Property tax
$994
Heat allowance
$150
Housing costs
$8,817 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $299,800
25-yr amortization

Income needed

$271,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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