2 Jennings Gate, Markham, ON

Victoria Manor-Jennings Gate, Markham · MLS® N13565704

$2,980,000
For Sale
Listed 2 days ago
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6Bedrooms
7Bathrooms
3Garage · 15 parking
3500-5000Sq Ft

About this home

Welcome to this exceptional executive mansion in the highly sought-after Jennings Gate Estate, this former builders masterpiece spanning 1.05 acres with 7,000 square feet of luxury living space. A striking circular driveway leads to the grand foyer, showcasing a majestic central hall accented by a Scarlett OHara staircase and expansive skylights. Elegant wainscoting adorns the formal dining rooms, while the living rooms fireplace and large picture window overlook the manicured front yard. The meticulously renovated family-size kitchen is a gourmets delight, featuring a central island, granite countertops & backsplash, high-end built-in appliances, and an open-concept breakfast room adjoining the sunroom, with direct access to the large wrap around deck and backyard oasis, complete with an inground pool for endless summer enjoyment. The expansive family room, warmed by the fireplace, is perfect for relaxed gatherings, and the main-floor library, adorned with custom-built shelves, adds a touch of sophistication. Five generously sized bedrooms on the upper floor, four with ensuites. One of the bedrooms features a loft-style design, providing abundant comfort. The opulent primary suite includes a seven-piece ensuite, his-and-her walk-in dressing rooms, and a balcony walkout. The brilliantly finished walkup basement is an entertainers dream, complete with a recreation room, fireplace, wet bar, sauna, and a deluxe spa area featuring a four-person hot tub, with a walkup to a resort-like backyard haven, accented by an inground swimming pool, wrap-around deck, and lush gardens. A separate basement apartment with its own kitchen, four-piece bath, living room, and bedroom provides endless possibilities for multi-generational living. This stellar property offers a unique opportunity to own a truly one-of-a-kind home in one of York Regions most prestigious enclaves.

Key facts

Property type
Detached, 2-Storey
MLS®
N13565704
Bedrooms
6 (5 + 1)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
171.16 × 222.66 ft
Cross streets
Woodbine & Major Mackenzie
Parking
3 garage · 15 parking (attached)
Driveway
Circular Drive
Basement
Finished, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Septic
Pool
Inground
Property tax
$15,042 / 2025
Days on market
2
Listing brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY

Rooms

KitchenMain4.10 × 3.20 m

granite counters · centre island · b/i appliances

SunroomMain4.70 × 4.10 m

tile floor · french doors · w/o to deck

Dining RoomMain4.70 × 4.10 m

hardwood floor · formal rm · w/o to deck

PlayBasement7.70 × 4.60 m

hardwood floor · b/i shelves · wet bar

Bedroom 2Second4.30 × 3.60 m

3 pc ensuite · hardwood floor · large window

Primary BedroomSecond5.50 × 4.10 m

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

BreakfastMain5.80 × 3.80 m

tile floor · open concept · w/o to deck

Bedroom 3Second4.30 × 3.50 m

3 pc ensuite · hardwood floor · large window

Bedroom 5Second3.60 × 2.80 m

hardwood floor · skylight · cathedral ceiling(s)

BedroomBasement2.90 × 2.60 m

4 pc bath · separate room · window

Living RoomBasement7.40 × 4.80 m

pot lights · french doors · combined w/kitchen

Bedroom 4Second5.50 × 3.60 m

3 pc ensuite · hardwood floor · large window

Living RoomMain6.50 × 4.30 m

fireplace · sunken room · wainscoting

RecreationBasement6.40 × 5.20 m

fireplace · vinyl floor · walk-out

LibraryMain4.10 × 3.10 m

hardwood floor · b/i bookcase · panelled

Family RoomMain5.80 × 4.30 m

fireplace · hardwood floor · overlooks backyard

Moe’s TakeTeam Asgarian · Broker
In line
$3.03Mest. value

Listed at $2,980,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Victoria Manor-Jennings Gate, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.54M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2.00M
  • Adjusts to $2.00M

That comparable adjusts to $2.00M; the $3.03M estimate above is the median of all 5 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 Pierre Elliott Trudeau 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Major Mackenzie Dr / Hazelton Av is about a 2-minute walk away.

List price
$2.00MGreat deal$3.20MOverpriced

Total price vs nearby homes. Fair value about $3.03M, median of 5 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.59Mavg asking

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

115 Golden Tulip Crescent$2.00M78 Fitzgerald Avenue$2.99M64 SUMMERFELDT Crescent$3.57M75 Boxwood Crescent$1.80M

The 4 closest active listings nearby.

See all comparable homes
2.98MThis home2.00M2.99M3.57M1.80MThis home vs active comparables
Live market pulseActive comparables in Victoria Manor-Jennings Gate · median list $1.99M
$701this home / sqft
6active listings nearby
2days on market

This home lists 2% above the area average of $686/sqft.

2 days faster 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

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.

Getting around

47/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Major Mackenzie Dr / Hazelton Av, about 156 m away

20+ transit stops10 dining12 parks6 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.

Devil's Elbow
$2.09M
Buttonville
$1.69M
Unionville
$2.16M
Berczy
$1.43M
Thornlea
$1.94M

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 Unionville PS
76%
Unionville PSPublic · Elementary · JK-8 · 4.0 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$13,582/mo
$560KIncome needed
5.3×Price ÷ income
$3,134Weekly 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.

92%mortgage
Mortgage $13,582Property tax $1,254Total carry $14,835

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)
$12,722per month

Mortgage amount $2,384,000 · 4.14% over 25 years

$596,000Down payment (20.0%)
$2,384,000Loan before insurance
$0CMHC premium
$13,975Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,722
Property tax
$1,254
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,975

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

One-time closing costs

Ontario land transfer tax
$60,975
Estimated closing costs
$60,975

Plus your down payment of $596,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,452/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

$1,432,573Total interest paid
$3,816,573Total of all payments
Principal $2,384,000 Interest $1,432,573
YearPrincipalInterestBalance
1$55,849$96,814$2,328,151
2$58,185$94,478$2,269,966
3$60,619$92,044$2,209,347
4$63,154$89,509$2,146,193
5$65,796$86,867$2,080,397
6$68,548$84,115$2,011,849
7$71,415$81,247$1,940,433
8$74,403$78,260$1,866,031
9$77,515$75,148$1,788,516
10$80,757$71,906$1,707,759
11$84,135$68,528$1,623,624
12$87,654$65,009$1,535,970
13$91,321$61,342$1,444,649
14$95,141$57,522$1,349,508
15$99,120$53,543$1,250,388
16$103,266$49,397$1,147,122
17$107,586$45,077$1,039,537
18$112,086$40,577$927,451
19$116,774$35,889$810,677
20$121,659$31,004$689,018
21$126,747$25,915$562,271
22$132,049$20,614$430,222
23$137,572$15,090$292,649
24$143,327$9,336$149,322
25$149,322$3,341$0

At the end of your 5-year term

Total paid over the term
$763,315
Principal paid down
$303,603
Interest paid
$459,712
Balance remaining
$2,080,397

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$7,350/mo
$88,200Gross annual rent
2.1%Est. cap rate

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 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.

3.0%
Gross yield
− Property tax $15,042− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $62,056

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

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