Introducing 8 Elspeth Place, a newly constructed *RAVINE LOT* luxury estate nestled on the prestigious Grandview enclave of Markham. Situated at the end of a tranquil cul-de-sac and backing onto a serene ravine, this architectural masterpiece offers over 8,200 sq ft of meticulously designed living space on a 0.5-acre lot. The main floor boasts 12-foot ceilings adorned with exquisite chandeliers, while a grand 24-foot raised ceiling enhances the home's opulence. Designed for seamless modern living, the entire home features fully integrated smart technology, including Control4 automation for lighting, security, climate control, audio, and more accessible from your phone or built-in touchscreens throughout the house. The chef's kitchen is equipped with top-of-the-line Wolf and Sub-Zero appliances, complemented by a separate dirty kitchen for effortless entertaining. The residence features four spacious bedrooms upstairs, each with its own ensuite bathroom showcasing premium finishes and fixtures. An additional two bedrooms in the basement, one with an ensuite, provide ample space for family and guests. Additional highlights include a main floor office, a three-car garage with a car lift for luxury vehicles, and a three-lane heated driveway accommodating up to 12 cars. The basement is an entertainer's paradise, featuring a state-of-the-art gym, sauna, steam shower, home theater with surround sound and custom leather recliners, a recreation room, and a bar with a walk up to the ravine. This exceptional property combines unparalleled craftsmanship with cutting-edge smart home amenities, offering a lifestyle of sophistication, comfort, and tranquility.