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Rural Markham, Markham
$1,598,000
Attention investors and builders: this is a rare opportunity in a highly sought-after Markham location with tremendous upside potential. Set on a beautiful 1/2-acre lot just north of Unionville and only minutes to Main Street, this warm and welcoming ranch-style bungalow offers space, privacy, and endless potential. With a 100 ft frontage and 200 ft depth, the property is surrounded by mature trees, lush greenery, and impressive estate homes. Inside, the home has been lovingly maintained and features hardwood flooring throughout, bright oversized windows in the living room, and a cozy wood-burning fireplace that creates the perfect gathering space. The renovated eat-in kitchen is both functional and inviting, while the dining room showcases elegant crown moulding and a decorative pillar for added charm.The double car garage includes a carpenter's workshop, and the expansive driveway can comfortably accommodate up to 10 vehicles. Whether you're looking to move in and enjoy, renovate and expand, or build your dream home, this property offers incredible flexibility and value.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,315 |
| Lot Size | 100 ft x 200 ft |
| mls© Number | N13650650 |
| Listed By | CENTURY 21 LEADING EDGE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,179
- Property tax
- $526
- Heat allowance
- $150
- Housing costs
- $8,856 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$272,000
gross annual household income
- Payment at 4%
- $6,725 / mo
- Cash down
- $319,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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