2 Jennings Gate

FOR SALE
$4,488,000
2 Jennings Gate, Markham
2 Jennings Gate
2 Jennings Gate
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2 Jennings Gate
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5 + 1
BEDROOMS
7
BATHROOMS
1 + 1
KITCHENS
12 + 4
ROOMS
N12010660
MLSID
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Property Description
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.
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
171' x 223'
Lot Irregularities
1.052 Acres
Fronting
West
Taxes
$14,616 (2024)
Basement
Finished, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
12
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.11' x 21.33'Fireplace, Sunken Room, Wainscoting
DiningMain13.45' x 15.42'Hardwood Floor, Formal Rm, W/O To Deck
FamilyMain14.11' x 19.03'Fireplace, Hardwood Floor, O/Looks Backyard
KitchenMain10.50' x 13.45'Granite Counter, Centre Island, B/I Appliances
BreakfastMain12.47' x 19.03'Tile Floor, Open Concept, W/O To Deck
LibraryMain10.17' x 13.45'Hardwood Floor, B/I Bookcase, Panelled
SunroomMain13.45' x 15.42'Tile Floor, French Doors, W/O To Deck
Prim Bdrm2nd13.45' x 18.04'7 Pc Ensuite, W/I Closet, W/O To Balcony
2nd Br2nd11.81' x 14.11'3 Pc Ensuite, Hardwood Floor, Large Window
3rd Br2nd11.48' x 14.11'3 Pc Ensuite, Hardwood Floor, Large Window
4th Br2nd11.81' x 18.04'3 Pc Ensuite, Hardwood Floor, Large Window
5th Br2nd9.19' x 11.81'Hardwood Floor, Skylight, Cathedral Ceiling
Markham Market Statistics
Markham Price Trend
2 Jennings Gate is a 5-bedroom 7-bathroom home listed for sale at $4,488,000, which is $2,645,219 (143.5%) higher than the average sold price of $1,842,781 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Markham declined by $534,819 (22.5%) compared to the previous 30 day period (December 22 - January 20) and down $123,327 (6.3%) from the same time one year ago.
Inventory Change
There were 29 5-bedroom homes listed in Markham over the last 30 days (January 21 - February 19), which is up 123.1% compared with the previous 30 day period (December 22 - January 20) and up 31.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Markham typically sold $36,800 (2.0%) above asking price over the last 30 days (January 21 - February 19), which represents a $122,312 increase compared to the previous 30 day period (December 22 - January 20) and $40,247 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Markham over the last 30 days (January 21 - February 19) stood at 20.7%, down from 38.5% over the previous 30 days (December 22 - January 20) and down from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Markham stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 78 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Lucky Penny Homes Realty
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