9 Forson Court, Markham

Price: $3,880,000

6 bedrooms, 7 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12971696

Exceptional one acre custom estate nestled in a private cul-de-sac within prestigious Jennings Gate, offering approximately 8,000 sq. ft. of ultimate luxury living space, including basement. This masterpiece features an art gallery entry with a 2-storey solid oak circular staircase and a grand living room boasting 18 foot ceiling, a 15 foot Italian marble fireplace, and a Romeo & Juliet balcony. Meticulously crafted with solid oak doors throughout, the home showcases a family room with 11 foot ceilings and Brazilian mahogany floors, plus a formal dining room with pegged oak flooring and decorative plaster ceilings. The main kitchen features an indoor gas BBQ, while a second full kitchen and a sophisticated wet bar with solid oak walls provide the perfect setup for grand scale entertaining. The professionally landscaped resort style oasis features a tennis court and two gazebos. A rare offering representing the pinnacle of craftsmanship and privacy in Markham's most exclusive enclave.

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$3,880,000 - 9 Forson Court, Markham

Detached for Sale in Markham

69 days on market
6Beds
7Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12971696
Property Type
Detached
Status
active
Days on Site
69
Bedrooms
6
Bathrooms
7
Square Feet
5,000+ sqft
Neighbourhood
Markham
Lot Size
1 sqft
Listing Brokerage
HC REALTY GROUP INC.
Description

Exceptional one acre custom estate nestled in a private cul-de-sac within prestigious Jennings Gate, offering approximately 8,000 sq. ft. of ultimate luxury living space, including basement. This masterpiece features an art gallery entry with a 2-storey solid oak circular staircase and a grand living room boasting 18 foot ceiling, a 15 foot Italian marble fireplace, and a Romeo & Juliet balcony. Meticulously crafted with solid oak doors throughout, the home showcases a family room with 11 foot ceilings and Brazilian mahogany floors, plus a formal dining room with pegged oak flooring and decorative plaster ceilings. The main kitchen features an indoor gas BBQ, while a second full kitchen and a sophisticated wet bar with solid oak walls provide the perfect setup for grand scale entertaining. The professionally landscaped resort style oasis features a tennis court and two gazebos. A rare offering representing the pinnacle of craftsmanship and privacy in Markham's most exclusive enclave.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,162.55/mo

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5-yr fixed avg.

Principal: $3,104,000Interest: $2,044,765
Mortgage Amount$3,104,000
Total Interest$2,044,765
Est. Property Tax$2,748/mo
Total Cost$5,148,765

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.

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Neighbourhood Guide: Markham

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

9 Forson Court, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,600/mo
Range: $4,760 - $6,440
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,600
Maintenance Fees-$0
Property Tax (est.)-$2,748
Insurance (est.)-$808
Net Cash Flow+$2,044

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $776/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 69 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 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.

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    9 Forson Court, Markham — $3,880,000 | Battaglia Team