31 Victoria Avenue, Markham, ON

Unionville, Markham · MLS® N13520376

$3,880,000
For Sale
Listed 14 days ago
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4Bedrooms
4Bathrooms
2Garage
2500-3000Sq Ft

About this home

Welcome to one of Unionville's most iconic heritage homes, a truly one-of-a-kind residence circa 1875 where timeless architecture, rich history, and modern comfort come together. Set on an extraordinary private, tree-lined lot overlooking the ravine and river, this remarkable property is famously known as the home featured in the original Gilmore Girls television production. Offering approximately 2,840 sq. ft. plus a beautifully restored approx. 550 sq. ft. detached commercially zoned heritage building, this is a rare opportunity in the heart of Historic Unionville. Authentic architectural details have been beautifully preserved, including original pine floors, two staircases, a wrap-around verandah, and three fireplaces (2 wood-burning, 1 gas). The open-concept living room showcases exposed wood beams, a wet bar, multiple walkouts to the backyard and patio, and offers flexibility, including the potential for a rear addition behind the fireplace. The renovated kitchen features marble countertops, stainless steel gas stove, built-in range hood, integrated Miele appliances, and a walk-out to a private deck. A formal dining room and separate office complete the main floor. Upstairs, the spacious primary suite offers a charming vintage fireplace and walk-out, along with two additional bedrooms and a cozy sitting room. The finished lower level is ideal as a recreation room or guest suite with a 3-piece ensuite and ample storage. The detached heritage building, formerly the village bakery (1910-1984), has been beautifully restored and is fully serviced with heating, air conditioning, electricity, and internet. Its commercial zoning provides outstanding flexibility for a professional office, studio, gallery, consulting space, or home business, with future expansion potential. Just steps to Historic Unionville Main Street, boutique shops, fine dining, cafés, spas, and scenic Toogood Pond. A truly exceptional property offering history, charm, and endless possibilities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13520376
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
66 × 132 ft
Cross streets
Main St. Unionville/Hwy. 7
Parking
2 garage (none)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Wood , Cedar
Foundation
Concrete
Roof
Cedar, Asphalt Shingle
Sewer
Sewer
Property tax
$8,220 / 2025
Days on market
14
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

RecreationLower7.67 × 5.75 m

broadloom · 3 pc ensuite · fireplace

OtherMain4.16 × 3.78 m

open concept · w/o to yard · bar sink

Primary BedroomSecond7.41 × 6.17 m

w/o to balcony · 4 pc ensuite · walk-in closet(s)

Living RoomMain7.21 × 5.66 m

wet bar · w/o to patio · brick fireplace

KitchenMain4.45 × 4.13 m

pot lights · b/i appliances · breakfast bar

OfficeMain3.88 × 2.83 m

hardwood floor · separate room · window

Bedroom 2Second4.42 × 4.15 m

hardwood floor · closet · window

Bedroom 3Second3.87 × 2.87 m

hardwood floor · closet · window

SittingSecond4.00 × 2.87 m

hardwood floor · window · open concept

Dining RoomMain4.64 × 4.81 m

hardwood floor · separate room · window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On schools, this address is zoned for Unionville HS, 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. Main St Unionville / Fred Varley Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Unionville · asking prices
$2.00Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

92 Braeside Square$2.25M76 Braeside Square$2.48M14 Montrose Crescent$1.78M3 Lancashire Road$1.40M536 Village Parkway$2.09M

The 5 closest of 6 active listings nearby.

See all comparable homes
3.88MThis home2.25M2.48M1.78M1.40M2.09MThis home vs active comparables
Live market pulseActive comparables in Unionville · median list $1.84M
$1,411this home / sqft
17active listings nearby
14days on market

10 days longer than the Markham average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Unionville, 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.

Getting around

75/ 100

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: Main St Unionville / Fred Varley Dr, about 272 m away

20+ transit stops4 grocery20+ dining20+ parks16 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Berczy
$1.43M
Milliken Mills East
$1.42M
Raymerville
$1.37M
Devil's Elbow
$2.09M
Buttonville
$1.69M

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Parkview PS
84%
Parkview PSPublic · Elementary · JK-8 · 0.5 km awayHigher-rated than most nearby · 84% meet the provincial standard

Affordability & Mortgage

Affordability
$17,684/mo
$693KIncome needed
5.6×Price ÷ income
$4,081Weekly cost
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.

96%mortgage
Mortgage $17,684Property tax $685Total carry $18,369

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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,564per month

Mortgage amount $3,104,000 · 4.14% over 25 years

$776,000Down payment (20.0%)
$3,104,000Loan before insurance
$0CMHC premium
$17,249Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,564
Property tax
$685
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,249

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

One-time closing costs

Ontario land transfer tax
$83,475
Estimated closing costs
$83,475

Plus your down payment of $776,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,119/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

$1,865,229Total interest paid
$4,969,229Total of all payments
Principal $3,104,000 Interest $1,865,229
YearPrincipalInterestBalance
1$72,716$126,053$3,031,284
2$75,758$123,012$2,955,526
3$78,926$119,843$2,876,600
4$82,228$116,541$2,794,372
5$85,667$113,102$2,708,705
6$89,251$109,519$2,619,454
7$92,984$105,785$2,526,470
8$96,873$101,896$2,429,597
9$100,925$97,844$2,328,672
10$105,147$93,622$2,223,525
11$109,545$89,224$2,113,980
12$114,127$84,642$1,999,853
13$118,901$79,868$1,880,952
14$123,874$74,895$1,757,078
15$129,056$69,713$1,628,022
16$134,454$64,315$1,493,569
17$140,078$58,691$1,353,491
18$145,937$52,832$1,207,553
19$152,042$46,728$1,055,512
20$158,401$40,368$897,111
21$165,027$33,742$732,084
22$171,930$26,839$560,154
23$179,121$19,648$381,033
24$186,614$12,156$194,419
25$194,419$4,350$0

At the end of your 5-year term

Total paid over the term
$993,846
Principal paid down
$395,295
Interest paid
$598,551
Balance remaining
$2,708,705

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
1.2%Est. cap rate

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.

1.6%
Gross yield
− Property tax $8,220− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,450

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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