18 Alai Circ

FOR SALE
$4,999,999
18 Alai Circ, Markham
18 Alai Circ
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6 + 3
BEDROOMS
10
BATHROOMS
1 + 1
KITCHENS
18 + 7
ROOMS
N9362596
MLSID
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Property Description
Discover the epitome of luxury at 18 Alai Circle, a magnificent architectural masterpiece nestled in one of Markhams most prestigious custom estate neighborhoods. This estate offers over 9,300 square feet of above-grade living space and pure elegance, making it a rare find in this exclusive community. Boasting 6+3 bedrooms and 10 full bathrooms, each bedroom features its own ensuite for ultimate privacy and convenience. The home showcases a grand central atrium with soaring ceilings and skylights, flooding the space with natural light and creating a breathtaking focal point. The expansive gourmet kitchen is equipped with high-end appliances, a massive granite center island, and custom cabinetry, perfect for entertaining.The third-floor loft retreat with a roof terrace and a solarium further enhance the luxurious living experience. You'll enjoy the built-in sauna situated on the 2nd floor sunroom suite. The homes exquisite finishes include stone countertops, solid core interior doors, custom iron railings, and ceiling moldings.The well-finished basement, with 10-foot ceilings, offers a dance studio, open recreation room, home theater, games room, and additional bedrooms, all serviced by a convenient elevator. A separate office component, also accessible by elevator, makes working from home a breeze. The fenced yard features a deck, perfect for outdoor gatherings. Additional highlights include a 4-car garage with a door leading to the backyard, and two rooftop walkouts. Conveniently located just minutes from Downtown Markham, top-ranked schools, York University Markham Campus, GO Train stations, and shopping centers like Pacific Mall and CF Markville Mall, this home offers an unparalleled lifestyle. This estate truly represents a rare opportunity to own one of the most distinguished properties in Markham. Don't miss the chance to call this one-of-a-kind home yours!
Extras
Truly unique home in an unparalleled neighbourhood, All Built-in: Appliances, custom shelves and cabinetry and Electric light fixtures included
Nearby Intersections
Property Details
Street
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
5000+
Lot Size
86' x 132'
Lot Irregularities
Slightly Irregular, pls see Geowarehouse
Fronting
North
Taxes
$22,809 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Elevator
Yes
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain25.26' x 15.85'Wet Bar, Hardwood Floor, Crown Moulding
FamilyMain23.49' x 13.16'Fireplace, Hardwood Floor, Crown Moulding
LivingMain35.83' x 37.01'Window Flr to Ceil, Tile Floor, Fireplace
BreakfastMain35.83' x 37.01'Combined W/Living, Tile Floor, Bow Window
OfficeMain21.00' x 24.57'Pot Lights, Hardwood Floor, Elevator
SittingMain23.92' x 18.01'B/I Bookcase, Hardwood Floor, Crown Moulding
Prim Bdrm2nd20.67' x 20.41'6 Pc Ensuite, His/Hers Closets, Hardwood Floor
2nd Br2nd14.99' x 20.51'W/I Closet, 4 Pc Ensuite, B/I Bookcase
Sitting2nd20.67' x 17.75'Wet Bar, Sauna, Combined W/Laundry
LoftUpper20.57' x 15.85'3 Pc Bath, W/O To Terrace, Elevator
Media/EntBsmt14.07' x 37.24'Built-In Speakers, Pot Lights
Markham Market Statistics
Markham Price Trend
18 Alai Circ is a 6-bedroom 10-bathroom home listed for sale at $4,999,999, which is $3,080,599 (160.5%) higher than the average sold price of $1,919,400 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 6 bedroom home in Markham increased by $194,400 (11.3%) compared to the previous 30 day period (September 21 - October 20) and down $2,735,600 (58.8%) from the same time one year ago.
Inventory Change
There were 2 6-bedroom homes listed in Markham over the last 30 days (October 21 - November 19), which is down 50.0% compared with the previous 30 day period (September 21 - October 20) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Markham typically sold $74,961 (3.9%) above asking price over the last 30 days (October 21 - November 19), which represents a $129,961 increase compared to the previous 30 day period (September 21 - October 20) and ($1,107,666) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Markham over the last 30 days (October 21 - November 19) stood at 100.0%, up from 25.0% over the previous 30 days (September 21 - October 20) and down from 300.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 10-bathroom home in Markham stood at 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Excel Realty Ltd.
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