2946-2956 Elgin Mills Rd E, Markham - Semi-Detached Home

2946-2956 Elgin Mills Rd E

LocationVictoria Square, Markham, L6C 1K9
$13M For Sale
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Property Images
Property Images
Property Images
Property Images

Description

Investment Property With Elevator $$$$Luxury Developed Opportunity - Prime Location Near Elgin Mills & Hwy 404. A Rare Offering Of 6 Luxury Semi-Detached Residences Situated On A Private Road With The Potential To Create An Exclusive Gated Community.Each Home Features 5 Spacious Bedrooms, ELEVATOR Accessing All 4 Levels For Convenience. 4-Car parking, Fully Finished Basement With Separate Walk Up Entrance With 1bedroom suite, Currently In The Process Of Conversion To12 Residential units. Strong Potential To Expand To 18 Units, Maximizing Density And Investment Return.Offering Convenient Access To Major Routes, Amenities, And Future Growth. An Exceptional Opportunity For Investors Or Developers Seeking A High-End, Income-Generating Project With Significant Upside. The Most Breathtaking Brand-New Luxury Residences Located In The Sought After Community Of Victoria Square. With $100k+ Upgraded Blending Modern Luxury With Timeless Elegance.Offers Approximately 3700 Sq Ft Of Finished Luxury Living Space Formal Living And Dining For Large Gatherings And Walk-Out To A Large Terrace. A Gourmet Kitchen At The Heart Of The Home Featuring Built-In Appliances, Custom Cabinetry And A Grand Island. The Perfect Retreat For A Multi-Generational Family With A Finished Basement. A Large Master Bedroom With A Walk-Out To A Private Terrace. All 6 Semi-Detached Combined 30 Above Ground Rooms And 6 Rooms In The Bsmt. (Elevator, Alarm System, Ev Charger, Smart Thermostat, Pot lights & Harwood Flooring Through The House)Potential For: Retirment Home, Hotel Botique, Senior Living, Memory Care And Many More...

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 30
  • Bathrooms
    Bathrooms: 36
  • Garages
    Garages: 12
  • Kitchens
    Kitchens: 6

Details

  • Front Lot
    Lot size: 150.00 x 99.00 Feet
  • Lot Depth
    Space: 5000 +
  • Tax Amount
    Tax: $ 1.00
  • MLS
    N13087922
  • Listing contracted with: CENTRAL HOME REALTY INC.
Bathroom Pieces Level
24xBaths3 pcs

6xBaths2 pcs

6xBaths4 pcs



Property Summary

Located close to the intersection of Elgin Mills Rd E & Woodbine Av, 2946-2956 Elgin Mills Rd E is a 30+6 bedrooms 36 washrooms Semi-Detached. The unit has a 12 Attached Parking Spaces. The property has a finished Walk-Up basement. The property has many nice features including ERV/HRV, Central Vacuum, Auto Garage Door Remot and Built-In Oven. .

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 10.7% compared with the same period last year.

Rent levels have decreased 27.2% compared with the same period last year.

Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan
Recent 6-Month Rent Range
$2,000 – $2,950/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
12 Days
Similar homes are selling in about 12 days, faster than the same period last year.
Price Position
Need a More Precise Value?
Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.
Contact Alan

Local Area Profile

This property is located in a predominantly owner-occupied residential area with a mix of detached homes and townhouses. Approximately 62% of residents hold a bachelor's degree or higher, while about 16% have a college credential. The large majority of local commuters travel by car.





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