9 Forson Court, Markham, ON

Victoria Manor-Jennings Gate, Markham · MLS® N12971696

$3,500,000
For Sale
Listed 194 days agoNo offer date statedSitting longer than typical
4+2Bedrooms
7Bathrooms
3Garage
5,000Sq ft

About this home

In short

  • 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...
  • 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...
  • 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...
  • The professionally landscaped resort style oasis features a tennis court and two gazebos.

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.

Key facts

Property type
Detached, 2-Storey
MLS®
N12971696
Bedrooms
4+2 (6 total)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
101 × 200.7 ft
Cross streets
Woodbine / Major Mackenzie
Parking
3 garage (attached)
Driveway
Circular Drive
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Flat
Sewer
Septic
Property tax
$17,884 / 2025
Days on market
194
Listing brokerage
HC REALTY GROUP INC.

Rooms

Family RoomMain0.00 × 0.00 m

skylight · stone fireplace · hardwood floor

KitchenMain0.00 × 0.00 m

granite counters · centre island · overlooks backyard

OfficeMain0.00 × 0.00 m

b/i bookcase · hardwood floor · 2 pc bath

Living RoomMain0.00 × 0.00 m

marble fireplace · hardwood floor · juliette balcony

Bedroom 2Second0.00 × 0.00 m

window · large closet

Bedroom 4Second0.00 × 0.00 m

window · large closet

BedroomBasement0.00 × 0.00 m

above grade window · walk-in closet(s)

KitchenBasement0.00 × 0.00 m

w/o to yard · w/o to sunroom

Primary BedroomSecond0.00 × 0.00 m

5 pc ensuite · sauna · w/o to balcony

Dining RoomMain0.00 × 0.00 m

coffered ceiling(s) · hardwood floor

RecreationBasement0.00 × 0.00 m

open concept · 4 pc bath

Bedroom 3Second0.00 × 0.00 m

window · large closet

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.47 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Victoria Manor-Jennings Gate · asking prices
$2.09Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.46M, which is where my estimate comes from.

Per square foot, these ask about $688/sqft; this home lists at $700/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
3.50MThis home2.98M1.90M1.99M2.05M1.55MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

Neighbourhood & location

Victoria Manor-Jennings Gate, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Devil's Elbow
$5.30M
Cachet
$2.30M
Unionville
$2.16M
Berczy
$1.61M
Wismer
$1.53M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$15,952/mo
$658KIncome needed
5.3×Price ÷ income
$3,681Weekly cost
$73,975Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $15,952Property tax $1,490Total carry $17,442

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,482per month

Mortgage amount $2,800,000 · 4.49% over 25 years

$700,000Down payment (20.0%)
$2,800,000Loan before insurance
$0CMHC premium
$16,972Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,482
Property tax
$1,490
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,972

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$73,975
Estimated closing costs
$73,975

Plus your down payment of $700,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,738/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,844,504Total interest paid
$4,644,504Total of all payments
Principal $2,800,000 Interest $1,844,504
YearPrincipalInterestBalance
1$62,484$123,296$2,737,516
2$65,321$120,459$2,672,195
3$68,287$117,493$2,603,908
4$71,387$114,393$2,532,520
5$74,629$111,151$2,457,892
6$78,017$107,763$2,379,875
7$81,559$104,221$2,298,315
8$85,263$100,518$2,213,052
9$89,134$96,646$2,123,919
10$93,181$92,599$2,030,738
11$97,412$88,369$1,933,326
12$101,835$83,946$1,831,492
13$106,458$79,322$1,725,033
14$111,292$74,488$1,613,741
15$116,345$69,435$1,497,396
16$121,627$64,153$1,375,769
17$127,150$58,630$1,248,619
18$132,923$52,857$1,115,696
19$138,958$46,822$976,738
20$145,267$40,513$831,470
21$151,863$33,917$679,607
22$158,758$27,022$520,849
23$165,967$19,813$354,882
24$173,502$12,278$181,380
25$181,380$4,400$0

At the end of your 5-year term

Total paid over the term
$928,901
Principal paid down
$342,108
Interest paid
$586,793
Balance remaining
$2,457,892

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 19 whole-home leases in Victoria Manor-Jennings Gate$5,615/mo
$67,380Gross annual rent
1.2%Cap rate after taxes and upkeep
$5,334 to $5,896Typical rent range

About the suite: in Victoria Manor-Jennings Gate basements rarely rent out (4 of 30 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 19 whole-home leases in Victoria Manor-Jennings Gate signed at a median of $4,041 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,615. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

1.9%
Gross yield
− Property tax $17,884− Insurance $1,400− Vacancy & upkeep $7,412Net operating income $40,684

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HC REALTY GROUP INC.. MLS®/PropTx.

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