2 Spirea Court, Markham, ON
Bayview Glen, Markham · MLS® N13124656
About this home
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.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13124656
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 7 (1 half)
- Size
- 5,000 sq ft
- Lot
- 145.21 × 150.15 ft
- Cross streets
- Bayview and Steeles
- Parking
- 3 garage · 9 parking (attached)
- Driveway
- Circular Drive
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Cedar
- Sewer
- Sewer
- Pool
- Inground, Salt
- Property tax
- $22,877 / 2025
- Days on market
- 65
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
b/i bookcase · gas fireplace · coffered ceiling(s)
hardwood floor · pot lights · b/i bookcase
wet bar · fireplace · w/o to yard
coffered ceiling(s) · recessed lighting · hardwood floor
3 pc ensuite · walk-in closet(s) · pot lights
centre island · b/i appliances · granite counters
3 pc ensuite · walk-in closet(s) · hardwood floor
4 pc ensuite · walk-in closet(s) · hardwood floor
pot lights · closet
w/o to yard · coffered ceiling(s) · open concept
3 pc ensuite · walk-in closet(s) · hardwood floor
coffered ceiling(s) · gas fireplace · hardwood floor
laundry sink · pot lights · window
5 pc ensuite · walk-in closet(s) · coffered ceiling(s)
Listed at $5,288,000, this home is about 14% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,058/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.65M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2.99M
- Bedrooms −$30K
- Adjusts to $2.96M
That comparable adjusts to $2.96M; the $4.65M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Bayview Glen PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Bayview Av / Laureleaf Rd is about a 6-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $4.65M, median of 6 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Elevator: rare and valuable for accessibility and resale.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $1,138/sqft.
61 days longer than the Markham average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bayview Glen, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Bayview Av / Laureleaf Rd, about 479 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $4,230,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $22,575
- Property tax
- $1,906
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $24,481
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $118,675
- Estimated closing costs
- $118,675
Plus your down payment of $1,057,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,354,499
- Principal paid down
- $538,742
- Interest paid
- $815,757
- Balance remaining
- $3,691,658
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.