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9 ALAI CIRCLE
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Beds
8
Baths
7 full + 1 half
Sqft
—
Year
—
Type
Single Family
On market
28d
*NEW PRICE!* Offered For The First Time Ever! A Rare Markham's Bridle Path Custom Estate In The Heart Of It All. Set On An Impressive 88ft x 137ft Lot With Almost 8000sf Of Living Space, This Exceptional Custom Estate Has Been Meticulously Maintained Since Day One And Thoughtfully Renovated With Modern, Sophisticated Finishes Throughout. Tucked Away On A Quiet, Prestigious Circle, The Home Offers Complete Privacy While Remaining Just Minutes From Every Urban Convenience. From The Moment You Enter, You're Greeted By A Grand Double Staircase, Dramatic Skylight, And Soaring 10-Foot Ceilings That Set The Tone For The Home's Elegant Scale And Craftsmanship. Boasting 5+3 Bedrooms And 7 Bathrooms. Every Bedroom Is Equipped With a Full Ensuite Bathroom. A Main-Floor Bedroom Provides The Perfect Setup For An In-Law Suite Or Guest Retreat. This Residence Is Designed For Both Grand Entertaining And Comfortable Everyday Living. Noteable Highlights Include A Rare Half-Circle Driveway, Professionally Landscaped Grounds, A Massive Backyard With A Private Loggia. The Chef's Kitchen Is Equipped With Top-Of-The-Line Stainless Steel Appliances, While Premium Finishes Such As Hardwood Flooring Throughout, Oversized 3' x 6' Tiles On The Main Floor, Detailed Trimwork, And A Metal Roof With Lifetime Warranty Elevate The Home's Quality And Value. The Fully Finished Lower Level Is An Entertainer's Dream, Featuring A Show-Stopping Bar, Full Kitchen, Recreation Area, Living Room, And A Versatile Flex Space Ideal For A Bedroom, Wellness Studio, Or Home Theatre. Ideally Located Just Minutes From Downtown Markham, Top-Ranked IB Schools, York University's Markham Campus, GO Train Stations, Highway 407, And Premier Shopping Destinations Such As CF Markville Mall. This Home Delivers An Unparalleled Lifestyle Of Luxury, Convenience, And Prestige. A Truly Rare Offering In One Of Markham's Most Distinguished Estate Neighbourhood. This Is A Once-In-A-Lifetime Opportunity To Own Something Truly Special. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.48%
Cap rate
4.77%
GRM
13.9
Break-even rent
$24,338
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Markham (Milliken Mills East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.