23 Princess Street, Markham, ON

$2,698,000
MLS#:N13519554
6 beds
6 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Vinegar Hill. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,698,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 6 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 70.8 x 159.65 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Central Vacuum, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled on a quiet, secluded street just steps from Historic Main Street Markham, this custom-built 4,022 sqft home offers an exceptional blend of luxury, privacy, and convenience, complimented by seasonal views of Milne Dam and the Rouge River. Showcasing impressive architectural details including a soaring 29' vaulted ceiling, 10' ceilings, 8' main floor doors, crown moulding, upgraded trim, travertine flooring, and hardwood throughout principal living spaces. Designed for both everyday living and entertaining, the home offers elegant living and dining rooms, a sun-filled family room with built-in speakers, a private main floor office, and a gourmet eat-in kitchen with granite countertops, premium built-in stainless steel appliances, heated floors, custom pantry storage, servery, and walkout to the backyard. The primary suite serves as a private retreat with two walk-in closets, a walkout to a sun-soaked deck, and a luxurious spa-inspired ensuite with heated travertine floors, clawfoot tub, and separate shower. Three additional upper-level bedrooms each enjoy access to a private full bathroom, while a second office with balcony and an upper-level laundry room add further functionality. The finished walkout basement extends the living space with two additional bedrooms, two full bathrooms, a steam room, heated floors, gym area, recreation room, and abundant storage. The resort-style backyard is an entertainer's dream, featuring an inground heated pool, hot tub, waterfall feature, expansive deck with pergola, and dedicated outdoor dining area. Ideally located within walking distance to boutique shops, restaurants, cafés, pubs, the Markham Village Community Centre, arena, and library, with direct access to Milne Park Conservation Area trails and quick connections to Hwy 407 and Hwy 404 for convenient travel throughout the GTA.

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Key Features

Bedrooms
6
Bathrooms
6
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Stucco (Plaster)
BasementFinished with Walk-Out
Lot Size70.8 × 159.65 Feet
CountyYork
Annual Tax$12,710.04
Legal DescriptionPT LT 9 CON 7 MARKHAM AS IN R282216 TOWN OF MARKHAM

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Fenced Yard, River/Stream, Library, Cul de Sac/Dead End

Interior Features

Carpet Free, Central Vacuum, ERV/HRV

Security Features

Community Features

Location

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23 Princess Street, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 23 Princess Street, Markham, ON L3P 1K4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate5.25%
Down Payment$539,600 (20.0%)
* Minimum Canadian down payment required for this price is $539,600.
Amortization Period25 Years
Estimated Monthly Payment$12,862Based on a loan of $2,158,400 over 25 years.
Purchase Price$2,698,000
Loan Amount$2,158,400
Provincial Land Transfer Tax:$53,925
Total Estimated Closing Taxes:$53,925

About Purchasing a Home in Markham, ON

For a property listed at $2,698,000 in Markham, the legal minimum down payment is $539,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $53,925 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $53,925.

Nearby Listings

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No current listings found in Markham.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Vinegar Hill, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,151,386

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

St Patrick
PublicMarkham, Ontario
8.5
Roy H Crosby
Public115 Drakefield Road, Markham, Ontario, L3P 1G9
8.6
James Robinson
Public90 Robinson Street, Markham, Ontario, L3P 1N9
6.4
Franklin Street
Public21 Franklin Street, Markham, Ontario, L3P 2S7
7.8
Ramer Wood
Public11 Cairns Drive, Markham, Ontario, L3P 7M8
7.1

Secondary Schools

Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
Father Michael McGivney
Public5300 14th Avenue, Markham, Ontario, L3S 3K8
8.5
Middlefield
Public525 Highglen Avenue, Markham, Ontario, L3S 3L5
7.4
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.