31 Wembley Ave
Unionville, Markham, L3R 1Z1
FOR SALE
$7,488,800
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4 + 3
BEDROOMS8
BATHROOMS1
KITCHENS9
ROOMSN9354820
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Property Description
Your search for the most picturesque home, in the most picturesque setting stops here! Presenting a rare opportunity to own an inviting landmark estate in the highly sought-after Unionville community, situated on a premium 100 ft x 222 ft resort-style lot just steps (literally) from Toogood Pond and the shoppes and restaurants of story-book-like Main St Unionville. This private, never-before-offered, custom-built estate boats over 6,885 sqft on the main and upper levels, and an additional 3,130 sqft in the finished walk-out lower level (Over 10,000 sqft of living space!). Meticulously maintained by the original owners, this luxurious home features an ideal open-concept layout, starting with a grand great room showcasing soaring cathedral ceilings open to the second level above, a striking floor-to-ceiling limestone gas fireplace, custom built-ins and two double French-door walk-outs to the backyard. The formal dining room impresses with its elegant ceiling design, connection to the servery and charming Juliette balcony. The gourmet, eat-in kitchen is a chef's dream with top-of-line appliances and a backyard view you can never get enough of! Additional main floor highlights include an executive office, a spacious den, two powder rooms, a large laundry room, and a service/second entry with access to all levels. Make your way up the grand staircase to a wide and spacious landing overlooking the great room with views of the backyard as well as a 2nd overlook to the foyer. Additional features include a 2nd laundry & 4 generously sized bedrooms, each w/ensuites, including a luxurious retreat primary bedroom, complete with a Juliette balcony w/stunning backyard views, his & hers walk-in closets & a 5-piece spa-like ensuite. The walk-out lower level provides a bright open recreational space that is perfect for entertaining as well as a 5th bedroom w/ensuite, a theater room, a gym, and a 3-piece bath with direct access to the backyard (perfect for a rinse after a swim).
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Extras
This one-of-kind estate also features an entertainers delight backyard w/a Gunite pool, stone waterfall, hot tub, cabana & award-winning landscaping; 3 car-heated garage+ A true piece of paradise in the heart of Unionville! *See full media*
Nearby Intersections
Birchmount & Highway 7 (165)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
100' x 222'
Fronting
South
Taxes
$24,660 (2024)
Basement
Fin W/O
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
12
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Great Rm | Main | 20.47' x 26.25' | Hardwood Floor, Cathedral Ceiling, Floor/Ceil Fireplace |
| Dining | Main | 14.07' x 16.40' | Hardwood Floor, Crown Moulding, Juliette Balcony |
| Office | Main | 13.91' x 18.14' | Hardwood Floor, Crown Moulding, Gas Fireplace |
| Kitchen | Main | 14.83' x 29.49' | Slate Flooring, Stainless Steel Appl, Granite Counter |
| Breakfast | Main | 14.83' x 29.49' | Slate Flooring, Crown Moulding, Combined W/Kitchen |
| Den | Main | 9.91' x 15.06' | Hardwood Floor, Crown Moulding, California Shutters |
| Prim Bdrm | Upper | 14.90' x 24.31' | 5 Pc Ensuite, Hardwood Floor, His/Hers Closets |
| 2nd Br | Upper | 18.73' x 25.82' | 3 Pc Ensuite, Hardwood Floor, Gas Fireplace |
| 3rd Br | Upper | 14.07' x 17.91' | 4 Pc Ensuite, Hardwood Floor, His/Hers Closets |
| 4th Br | Upper | 12.14' x 14.90' | 4 Pc Ensuite, Hardwood Floor, Double Closet |
| Br | Bsmt | 13.22' x 14.40' | 3 Pc Ensuite, W/I Closet, Large Window |
| Media/Ent | Bsmt | 13.91' x 17.32' | Pot Lights, Separate Rm, Broadloom |
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Markham Market Statistics
Markham Price Trend
31 Wembley Ave is a 4-bedroom 8-bathroom home listed for sale at $7,488,800, which is $5,754,259 (331.7%) higher than the average sold price of $1,734,541 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 4 bedroom home in Markham declined by $81,673 (4.5%) compared to the previous 30 day period (July 21 - August 19) and down $68,554 (3.8%) from the same time one year ago.Inventory Change
There were 207 4-bedroom homes listed in Markham over the last 30 days (August 20 - September 18), which is up 36.2% compared with the previous 30 day period (July 21 - August 19) and up 27.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Markham typically sold ($4,917) (0.3%) below asking price over the last 30 days (August 20 - September 18), which represents a $26,676 decrease compared to the previous 30 day period (July 21 - August 19) and $16,833 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 4-bedroom homes in Markham over the last 30 days (August 20 - September 18) stood at 41.1%, down from 48.7% over the previous 30 days (July 21 - August 19) and up from 39.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 8-bathroom home in Markham stood at 27 days when successfully sold over the last 30 days (August 20 - September 18), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max All-Stars The Pb Team Realty
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