8 Prescott Court, Markham, ON
Bayview Glen, Markham · MLS® N13572134
About this home
WOW! Very Motivated Seller!Client Remarks A Rare Luxury Offering In Prestigious Bayview Glen On A Quiet Cul-De-Sac! Custom Built By Renowned Shane Baghai, This Impeccably Maintained Residence Showcases Timeless Elegance, Exceptional Craftsmanship, A Circular Drive, Triple Car Garage And No Sidewalk. Featuring A Rare And Functional 5+2 Bedroom Layout, Ideal For Large Or Multi-Generational Families. A Soaring Grand Foyer With Marble Finishes And A Dramatic Curved Staircase Creates A Stunning First Impression. The Main Floor Offers A Complete And Functional Layout With Separate Formal Living And Dining Rooms, A Spacious Family Room With Walk-Out To The Interlocked Patio, And A Beautiful Open-Concept Gourmet Kitchen Featuring Marble Countertops, Gas Cooktop, And An Oversized Breakfast Area. Solid Hardwood Floors Throughout And Brilliant Pot Lights On The Main Level Add Warmth And Sophistication. The Professionally Finished Walk-Out Basement With Separate Entrance Includes A Wet Bar, Kitchen, Bedroom And Washroom, Perfect For Entertaining, Extended Family Living, Or A Nanny Suite. Step Outside To A Spectacular Private Backyard Retreat With Extensive Landscaping, Inground Sprinkler System, Heated Inground Pool, Large Patio Area, And Exceptional Outdoor Space For Relaxation And Entertaining. Renovated Kitchen And Baths, Elaborate Mouldings, Excellent Maintenance, And True Pride Of Ownership Throughout. Unbeatable Location Just Minutes To Bayview Golf & Country Club, Top-Ranked Public And Private Schools, Parks, Trails, Transit, And Highways. New Furnace And A/C (2017), Newer Roof And Insulation. A Truly Exceptional Family Home In One Of Markham's Most Sought-After Communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13572134
- Bedrooms
- 7 (5 + 2)
- Bathrooms
- 5 (2 half)
- Size
- 3000-3500
- Lot
- 100 × 149.93 ft
- Cross streets
- Bayview Ave & Steeles
- Parking
- 3 garage · 13 parking (attached)
- Driveway
- Circular Drive
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Pool
- Inground, Outdoor
- Property tax
- $14,944 / 2026
- Days on market
- 1
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
hardwood floor · double closet
3 pc ensuite · hardwood floor
hardwood floor · plaster ceiling · overlooks garden
wet bar · hardwood floor
Hardwood Floor
hardwood floor · double closet
hardwood floor · double closet
5 pc ensuite · walk-in closet(s) · renovated
hardwood floor · wainscoting · overlooks garden
hardwood floor · double closet
renovated · hardwood floor · overlooks garden
w/o to patio · hardwood floor · marble fireplace
Listed at $2,650,000, this home is about 30% 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 ($815/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Bayview Glen, so I widened the search to the surrounding area.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.26M, higher than the comparables and worth a second look. 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 $1.77M
- Adjusts to $1.77M
That comparable adjusts to $1.77M; the $2.04M estimate above is the median of all 12 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 / Doncrest Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.04M, median of 12 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Walk-out basement: natural light and strong in-law or income potential.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 28% below the area average of $1,134/sqft.
3 days faster 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 / Doncrest Dr, about 137 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 $2,120,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,313
- Property tax
- $1,245
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,558
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $52,725
- Estimated closing costs
- $52,725
Plus your down payment of $530,000. 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
- $678,786
- Principal paid down
- $269,983
- Interest paid
- $408,804
- Balance remaining
- $1,850,017
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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.