31 Glaceport Crescent, Markham, ON

Victoria Manor-Jennings Gate, Markham · MLS® N13503502

$1,988,800
For Sale
Listed 112 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Detached 2-storey home in Victoria Manor-Jennings Gate, built 2003.
  • Approximately 2,855 sq ft above grade plus a finished basement.
  • Main floor has hardwood flooring, pot lights, crown moulding, a gas fireplace in the family room, and a kitchen with breakfast bar and walkout to the yard.
  • Four bedrooms on the second floor: primary with bay window, walk-in closet, and 5-piece ensuite; remaining bedrooms with walk-in closets and ensuite or semi-ensuite...
  • Close to schools, parks, transit, and Hwy 404.

Detached 2-storey home in Victoria Manor-Jennings Gate, built 2003. Approximately 2,855 sq ft above grade plus a finished basement. Main floor has hardwood flooring, pot lights, crown moulding, a gas fireplace in the family room, and a kitchen with breakfast bar and walkout to the yard. Direct access to the garage from the main floor. Four bedrooms on the second floor: primary with bay window, walk-in closet, and 5-piece ensuite; remaining bedrooms with walk-in closets and ensuite or semi-ensuite baths. Finished basement with two recreation areas, a second kitchen, and an additional bedroom. Includes central air, central vacuum, alarm system, and water softener. Attached 2-car garage. Close to schools, parks, transit, and Hwy 404.

Key facts

Property type
Detached, 2-Storey
MLS®
N13503502
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
50.85 × 88.5 ft
Cross streets
Woodbine Ave / Major MacKenzie Dr E
Parking
2 garage · 6 parking (built-in)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,675 / 2026
Days on market
112
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Dining RoomGround7.62 × 3.35 m
KitchenGround3.66 × 3.51 m
Bedroom 4Second3.71 × 3.30 m
Bedroom 2Second5.16 × 3.96 m
Family RoomGround5.48 × 3.96 m
BreakfastGround3.43 × 2.44 m
Living RoomGround7.62 × 3.35 m
Primary BedroomSecond5.79 × 3.81 m
Bedroom 3Second3.96 × 3.35 m
BedroomBasement3.71 × 4.40 m
RecreationBasement5.16 × 4.89 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Victoria Manor-Jennings Gate · asking prices
$1.69Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $643/sqft; this home lists at $723/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.99MThis home2.05M1.90M1.55M1.25MThis home vs active comparables

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
$9,064/mo
$368KIncome needed
5.4×Price ÷ income
$2,092Weekly cost
$36,251Land 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.

93%mortgage
Mortgage $9,064Property tax $640Total carry $9,704

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)
$8,797per month

Mortgage amount $1,591,040 · 4.49% over 25 years

$397,760Down payment (20.0%)
$1,591,040Loan before insurance
$0CMHC premium
$9,437Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,797
Property tax
$640
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,437

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

One-time closing costs

Ontario land transfer tax
$36,251
Estimated closing costs
$36,251

Plus your down payment of $397,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,648/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

$1,048,100Total interest paid
$2,639,140Total of all payments
Principal $1,591,040 Interest $1,048,100
YearPrincipalInterestBalance
1$35,505$70,060$1,555,535
2$37,117$68,448$1,518,417
3$38,803$66,763$1,479,615
4$40,564$65,001$1,439,050
5$42,406$63,159$1,396,644
6$44,332$61,234$1,352,313
7$46,344$59,221$1,305,968
8$48,449$57,117$1,257,520
9$50,648$54,917$1,206,871
10$52,948$52,618$1,153,923
11$55,352$50,214$1,098,571
12$57,865$47,700$1,040,706
13$60,493$45,073$980,213
14$63,239$42,326$916,974
15$66,111$39,455$850,863
16$69,112$36,453$781,751
17$72,250$33,315$709,501
18$75,531$30,035$633,970
19$78,960$26,606$555,010
20$82,545$23,020$472,465
21$86,293$19,273$386,172
22$90,211$15,355$295,961
23$94,307$11,259$201,654
24$98,589$6,977$103,065
25$103,065$2,500$0

At the end of your 5-year term

Total paid over the term
$527,828
Principal paid down
$194,396
Interest paid
$333,432
Balance remaining
$1,396,644

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
Estimate$5,250/mo
$63,000Gross annual rent
2.4%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

3.2%
Gross yield
− Property tax $7,675− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,995

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

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