$3,380,000 - 98 Babcombe Drive, Markham
Detached for Sale in Markham
105 days on market- MLS Number
- N12762298
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- SOLTANIAN REAL ESTATE INC.
Unbelievable opportunity! This newly custom-built masterpiece sits on a premium 60-ft lot in one of the area's most desirable neighborhoods, offering exceptional value for quality and craftsmanship. This extraordinary residence blends modern architecture with elegant design, delivering a lifestyle of comfort and sophistication. Every detail has been thoughtfully curated for refined, contemporary living. The impressive main level features soaring 11-ft ceilings, coffered detailing, and halogen lighting that create a bright, airy atmosphere. The great room is a true showpiece, highlighted by a striking slab fireplace wall, custom entertainment unit, and oversized picture windows with serene treetop views. The chef-inspired kitchen is both stunning and functional, offering an oversized waterfall island, stone countertops, premium stainless-steel appliances, and seamless flow to the dining and family areas-perfect for entertaining. Custom glass staircase railings, imported porcelain finishes, and designer lighting add timeless appeal throughout. Upstairs, you'll find four spacious bedrooms with custom closets and refined finishes. The primary suite is a private retreat featuring a sculpted accent wall, tray ceiling, and a luxurious 7-piece spa-inspired ensuite with floor-to-ceiling porcelain, gold fixtures, and a body-spray shower system. The fully finished lower level is ideal for entertaining or extended family, complete with a wet bar, beverage fridge, stone breakfast bar, fifth bedroom, and full designer washroom. Additional highlights include a video camera doorbell and countless custom upgrades. Enjoy a private, park-like backyard surrounded by mature trees, offering privacy and tranquility. A true showpiece home don't miss this rare opportunity in today's market.
Estimate your monthly payments for this property
Estimated Payment
$14,950.88/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.
98 Babcombe Drive, 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 $1127/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 105 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 3,000 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 5 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.