98 Babcombe Drive, Markham, ON

Bayview Glen, Markham · MLS® N13600494

$3,388,000
For Sale
Listed 88 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
5Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • A rare opportunity to own a truly custom-built 2025 luxury residence on a premium 60' x 130' lot in prestigious Bayview Glen.
  • Offering over 4,000 sq. ft. of refined living space with soaring 11' main floor and 9' second floor ceilings, oversized windows, designer lighting, custom millwork...
  • The expansive backyard is a true blank canvas, ready to become your private oasis with a custom pool, outdoor kitchen, cabana, gardens or entertaining space.
  • As a rare added benefit, the purchaser has the unique opportunity to work directly with the builder after closing to personalize select interior finishes and outdoor...
  • Ideally located on the Toronto-Markham border, enjoy the convenience of a Toronto lifestyle with quick access to Highways 404, 407 and major transit, top-ranked...

A rare opportunity to own a truly custom-built 2025 luxury residence on a premium 60' x 130' lot in prestigious Bayview Glen. Expertly reconstructed and offered directly by the builder, this exceptional property features a reinforced foundation, all-new underground plumbing and service connections to the city, with virtually every structural, mechanical and interior component newly completed. The original exterior walls were strategically retained, offering the benefits of modern construction while maintaining a more favourable property tax position. Offering over 4,000 sq. ft. of refined living space with soaring 11' main floor and 9' second floor ceilings, oversized windows, designer lighting, custom millwork, engineered hardwood floors and premium finishes throughout. The chef-inspired kitchen features custom cabinetry, quartz surfaces, an oversized island, built-in Dacor appliances, smart home technology, EV ready garage, high-efficiency HVAC with HRV, and a professionally finished lower level with additional bedrooms, wet bar and in-law potential. The expansive backyard is a true blank canvas, ready to become your private oasis with a custom pool, outdoor kitchen, cabana, gardens or entertaining space. As a rare added benefit, the purchaser has the unique opportunity to work directly with the builder after closing to personalize select interior finishes and outdoor spaces, creating a true custom-home experience without the delays and complexities of building from scratch. Ideally located on the Toronto-Markham border, enjoy the convenience of a Toronto lifestyle with quick access to Highways 404, 407 and major transit, top-ranked private schools including Bayview Glen, The Crescent School and TFS, Bayview Golf & Country Club, premier shopping and fine dining. Designed for modern living with exceptional craftsmanship and future-ready infrastructure, this is a truly one-of-a-kind luxury offering in one of the GTA's most sought after communities. A must-see!

Key facts

Property type
Detached, 2-Storey
MLS®
N13600494
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
60 × 130.28 ft
Cross streets
E.Bayview/N.Steeles/Laureleaf Rd
Parking
2 garage · 8 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Other
Roof
Other
Sewer
Sewer
Days on market
88
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BedroomBasement2.59 × 3.35 m

b/i closet · hardwood floor · window

Dining RoomGround5.18 × 3.96 m

coffered ceiling(s) · hardwood floor · open concept

Bedroom 2Second4.27 × 3.05 m

semi ensuite · hardwood floor · walk-in closet(s)

Family RoomGround4.27 × 3.05 m

double doors · hardwood floor · picture window

Bedroom 3Second3.20 × 3.51 m

semi ensuite · hardwood floor · walk-in closet(s)

RecreationBasement7.32 × 3.35 m

wet bar · above grade window · hardwood floor

LaundryBasement3.81 × 3.66 m

laundry sink · concrete floor

Primary BedroomSecond4.27 × 6.04 m

his and hers closets · 7 pc ensuite · skylight

LaundrySecond1.52 × 1.00 m

Tile Floor

OtherSecond2.44 × 1.22 m

b/i closet · hardwood floor · pot lights

KitchenGround5.79 × 3.96 m

centre island · b/i appliances · w/o to yard

BathroomSecond3.05 × 3.66 m

separate shower · granite counters · soaking tub

Bedroom 5Basement2.74 × 3.35 m

b/i closet · hardwood floor · large window

FoyerGround4.57 × 5.79 m

tile floor · large closet · picture window

Bedroom 4Second2.90 × 3.05 m

4 pc bath · hardwood floor · walk-in closet(s)

OtherSecond2.44 × 3.66 m

skylight · b/i closet · window floor to ceiling

Living RoomGround4.27 × 4.57 m

coffered ceiling(s) · fireplace · open concept

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 Bayview Glen · asking prices
$2.41Mavg 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 $698/sqft; this home lists at $1,042/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
3.39MThis home2.79M2.29M2.46M2.10MThis home vs active comparables

Neighbourhood & location

Bayview Glen, 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.

Aileen-Willowbrook
$1.47M
Grandview
$1.42M
Royal Orchard
$2.77M
Cachet
$2.30M
Unionville
$2.19M

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
$15,441/mo
$662KIncome needed
5.1×Price ÷ income
$3,563Weekly cost
$71,175Land 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.

88%mortgage
Mortgage $15,441Estimated property tax $2,118Total carry $17,559

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,986per month

Mortgage amount $2,710,400 · 4.49% over 25 years

$677,600Down payment (20.0%)
$2,710,400Loan before insurance
$0CMHC premium
$17,104Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,986
Estimated property tax
$2,118
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,104

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

One-time closing costs

Ontario land transfer tax
$71,175
Estimated closing costs
$71,175

Plus your down payment of $677,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,138/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

$1,785,480Total interest paid
$4,495,880Total of all payments
Principal $2,710,400 Interest $1,785,480
YearPrincipalInterestBalance
1$60,485$119,351$2,649,915
2$63,231$116,604$2,586,685
3$66,102$113,733$2,520,583
4$69,103$110,732$2,451,480
5$72,241$107,595$2,379,239
6$75,521$104,315$2,303,719
7$78,950$100,886$2,224,769
8$82,534$97,301$2,142,235
9$86,282$93,554$2,055,953
10$90,199$89,636$1,965,754
11$94,294$85,541$1,871,460
12$98,576$81,259$1,772,884
13$103,052$76,784$1,669,832
14$107,731$72,105$1,562,102
15$112,622$67,213$1,449,480
16$117,735$62,100$1,331,744
17$123,081$56,754$1,208,663
18$128,669$51,166$1,079,994
19$134,512$45,324$945,482
20$140,619$39,216$804,863
21$147,004$32,832$657,860
22$153,678$26,157$504,182
23$160,656$19,179$343,526
24$167,950$11,885$175,576
25$175,576$4,259$0

At the end of your 5-year term

Total paid over the term
$899,176
Principal paid down
$331,161
Interest paid
$568,015
Balance remaining
$2,379,239

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$6,300/mo
$75,600Gross annual rent
1.2%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.

2.2%
Gross yield
− Property tax $23,716− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $42,168

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

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