$5,288,000 - 2 Spirea Court, Markham
Detached for Sale in Markham
31 days on market- MLS Number
- N13124656
- Property Type
- Detached
- Status
- active
- Days on Site
- 31
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Markham
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
A harlequin marble rotunda. A curved staircase spiralling three storeys. A foyer that tells you, before you've seen a single room, that this home is different. 2 Spirea Court is a French château-inspired estate on one of Bayview Glen's most coveted cul-de-sacs - 5,500+ sq ft above grade, 8,000+ sq ft total, on a 145 x 100 ft lot wrapped in mature evergreens. 4+2 beds, 7 baths, 3-car garage, circular drive + 8-car parking. The main floor reveals itself with intention: grand office, formal living with coffered ceilings and gas fireplace, oval-dome dining room served by a butler's pantry, chef's kitchen with green island and gold pendants, a sun-drenched oval breakfast room with built-in coffee bar and walkout to the resort-level backyard, and a family room with coffered ceiling, gas fireplace, and custom built-in wall unit. Upstairs: a primary suite centred by a sculptural chandelier, opening onto a private terrace overlooking the backyard oasis, with a spa-level 6-piece ensuite with steam shower, soaker tub, heated floors and a boutique-level custom dressing room born from the 2020 redesign of the original 5-bedroom layout. Three additional bedrooms each with ensuite and walk-in closet complete the upper level. The lower level walks up to the backyard and delivers a grand entertainment space with wood-burning fireplace, wet bar with high-top seating, nanny quarters with full bedroom, ensuite, walk-in closet and kitchen, plus a dedicated gym and steam shower. Outside, a private resort: heated saltwater concrete pool, louvred pergola with TV and fire pit, built-in BBQ, smoker, and poolhouse. Level 2 EV charger, 3-stop elevator, enterprise-grade security. Bayview Glen: Markham's most prestigious address, Toronto's northern doorstep. Steps to Bayview Golf & Country Club, top-ranked schools, Hwys 404/407. A home of this intention, on a street of this distinction, does not come twice.
Estimate your monthly payments for this property
Estimated Payment
$23,390.61/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 Spirea Court, 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 $1058/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.
Market Position
At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 5,000 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.