98 Babcombe Drive, Markham

Price: $3,388,000

6 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13600494

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!

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active
New Listing
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$3,388,000 - 98 Babcombe Drive, Markham

Detached for Sale in Markham

New — Listed 3 days ago

Neighbourhood: Bayview Glen

6Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13600494
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
6
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Markham
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

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!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,986.27/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,710,400Interest: $1,785,480
Mortgage Amount$2,710,400
Total Interest$1,785,480
Est. Property Tax$2,400/mo
Total Cost$4,495,880

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Bayview Glen

Discover Bayview Glen

Bayview Glen is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Bayview Glen

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Bayview Glen offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

98 Babcombe Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$2,400
Insurance (est.)-$706
Net Cash Flow+$1,494

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1129/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    98 Babcombe Drive, Markham | $3,388,000 | Battaglia Team