31 Glaceport Crescent, Markham, ON
Victoria Manor-Jennings Gate, Markham · MLS® N13503502
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
Listed at $1,988,800. Going by how homes in Victoria Manor-Jennings Gate and the wider GTA have actually closed against their asking prices (about 99%, 6 local closings in 90 days), the likely sale price is near $1.96M, if it sells. A realistic range is $1.84M to $2.21M.
Independent value check: $1.64M. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $1.54M and $1.72M).
Why $1.64M. The typical detached home sold in Victoria Manor-Jennings Gate over the past year went for about $1.55M (23 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,675 a year; the typical home sold here pays about $6,800.
- ▲ Raises it4+1 bedrooms and 5 baths, against 4+1 and 4 typically.
Longer on the market than typical. 112 days on the market against about 27 for homes like it here, and asking 21% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.96M, from 6 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 6 detached homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $723/sqft against an area asking average of $662/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.68M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Victoria Manor-Jennings Gate, so I widened the search to the surrounding area.
Based on 6 comparable homes that sold in Victoria Manor-Jennings Gate over the past two years, from 39 closings there.
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 $1.64M, which is where my estimate comes from.
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 homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
Neighbourhood & location
Victoria Manor-Jennings Gate, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,591,040 · 4.49% over 25 years
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
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
- $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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 15 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 $4,075. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.