$2,980,000 - 2 Jennings Gate, Markham
Detached for Sale in Markham
52 days on market- MLS Number
- N13044296
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Lot Size
- 1 sqft
- Listing Brokerage
- RE/MAX REALTRON LUCKY PENNY HOMES REALTY
Welcome to this exceptional executive mansion in the highly sought-after Jennings Gate Estate, this former builders masterpiece spanning 1.05 acres with 7,000 square feet of luxury living space. A striking circular driveway leads to the grand foyer, showcasing a majestic central hall accented by a Scarlett OHara staircase and expansive skylights. Elegant wainscoting adorns the formal dining rooms, while the living rooms fireplace and large picture window overlook the manicured front yard. The meticulously renovated family-size kitchen is a gourmets delight, featuring a central island, granite countertops & backsplash, high-end built-in appliances, and an open-concept breakfast room adjoining the sunroom, with direct access to the large wrap around deck and backyard oasis, complete with an inground pool for endless summer enjoyment. The expansive family room, warmed by the fireplace, is perfect for relaxed gatherings, and the main-floor library, adorned with custom-built shelves, adds a touch of sophistication. Five generously sized bedrooms on the upper floor, four with ensuites. One of the bedrooms features a loft-style design, providing abundant comfort. The opulent primary suite includes a seven-piece ensuite, his-and-her walk-in dressing rooms, and a balcony walkout. The brilliantly finished walkup basement is an entertainers dream, complete with a recreation room, fireplace, wet bar, sauna, and a deluxe spa area featuring a four-person hot tub, with a walkup to a resort-like backyard haven, accented by an inground swimming pool, wrap-around deck, and lush gardens. A separate basement apartment with its own kitchen, four-piece bath, living room, and bedroom provides endless possibilities for multi-generational living. This stellar property offers a unique opportunity to own a truly one-of-a-kind home in one of York Regions most prestigious enclaves.
Estimate your monthly payments for this property
Estimated Payment
$13,181.55/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Markham
Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2 Jennings Gate, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $851/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 52 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.