43 Colchester St Markham near 16th Ave and Buroak Ave | Double Car Garage Detached home for sale

Description

Exceptional Income-Generating Detached Home with Coach House in Prestigious Cornell, Markham! A rare investment opportunity offering multiple income-generating possibilities. This beautifully maintained detached home features a fully self-contained coach house, ideal for homeowners seeking strong rental income, a valuable mortgage helper, multigenerational living, or flexible dual-living arrangements. Situated on a premium lot with parking for 3 vehicles (double garage + 1 driveway), this remarkable property offers approximately 2,000 sq. ft. (Main +Coach) living space, plus additional income potential from the coach house and future basement development.The property features 9-ft ceilings, a bright open-concept layout, elegant finishes, and spacious living and dining areas centered around a cozy fireplace. Enjoy a large front porch veranda and a professionally designed 3-tier deck with interlocking brick patio and gas BBQ hookup at the backyard for entertainment and gatherings. Offering 4 spacious bedrooms and 4 bathrooms (3 in main house, 1 in coach house), this home is ideal for growing families. Additional highlights include a large cold cellar with unfinished basement, ready for future customization. With minor modifications, the existing separate entrance can provide private basement access, creating potential for an additional income-producing suite.The fully self-contained coach house features its own private entrance, kitchen, bathroom, laundry, and separate living space-perfect for extended family/ for stable income generation. Projected rental income of approximately $1,800/month($ 21,600 Annually) makes it an excellent mortgage helper.Includes a full set of appliances for both the main house and coach house. Ideally located near top-ranking schools, parks, trails, Markham Stouffville Hospital, Cornell Community Centre, Mount Joy GO Station, and Highway 407. An excellent opportunity of investment with remarkable returns.

Features

Facing: East
Bedrooms: 3
Bathrooms: 4
Garages: 2
Kitchens: 1

Details

Lot size: 30.04 x 104.99 Feet
Space: 2000-2500
Tax: $ 5427.06
N13506900
Listing contracted with: KELLER WILLIAMS COMPLETE REALTY

Room	Size(M)	Description
Living Rm	5.19x3.02	Hardwood Floor, Open Concept, Combined w/Dining
Dining Rm	5.19x3.02	Hardwood Floor, Open Concept, Combined w/Dining
Kitchen	5.56x3.07	Eat-in Kitchen, Ceramic Floor, W/O To Deck
Family Rm	5.20x4.19	Hardwood Floor, Fireplace, Bow Window
Primary B	4.64x4.49	Walk-In Closet(s), Ensuite Bath, B/I Shelves
2nd Br	3.27x3.27	Semi Ensuite, Walk-In Closet(s), B/I Shelves
3rd Br	3.12x3.12	Semi Ensuite, Double Closet, B/I Shelves
Living Rm	3.75x3.03	Open Concept, Hardwood Floor, Large Window
Kitchen	2.96x2.28	Open Concept, Ceramic Floor, B/I Appliances
Br	2.92x2.96	Ensuite Bath, Hardwood Floor, Combined w/Laundry
Laundry	1.60x1.75	Ceramic Floor, Separate Rm

Bathroom	Pieces	Level
3xBaths	3 pcs	Second
1xBath	2 pcs	Ground

Property Summary

Located close to the intersection of 16th Ave and Buroak Ave, 43 Colchester St is a 3+1 bedrooms 4 washrooms Detached. The unit has a Double Detached Parking Spaces. The property has many nice features including In-Law Suite, Carpet Free and Auto Garage Door Remot. Living Room Rm, Dinning Room Rm, Kitchen and Family Room Rm are on the Ground floor.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with a mix of detached homes, townhouses and apartments and condominiums. Approximately 53% of residents hold a bachelor's degree or higher, while about 18% have a college credential. The large majority of local commuters travel by car.

School Information

Elementary Schools
Black Walnut Public School (Grade: JK-08) | School Boundary

Home school

Rank: 299 out of 3022 (Score: 8.1)

Distance to school: 0.8 km (~14 min walk)
Fred Varley Public School (Grade: 01-02) | School Boundary

French Immersion school

Rank: 387 out of 3022 (Score: 7.9)

Distance to school: 4.5 km (~13 min drive)
Sam Chapman Public School (Grade: 03-08) | School Boundary

French Immersion school

Distance to school: 2.1 km (~6 min drive)
ST. JULIA BILLIART (Grade: JK - 8) | School Boundary

Catholic Gifted program school

Rank: 963 out of 3022 (Score: 6.9)

Distance to school: 1.9 km (~35 min walk)
ST. EDWARD (Grade: 1 - 8) | School Boundary

Catholic French Immersion school

Rank: 626 out of 3022 (Score: 7.4)

Distance to school: 4.2 km (~13 min drive)
Secondary Schools
Bill Hogarth Secondary School (Grade: 09-12) | School Boundary

Home school

Rank: 52/746 (Score: 8.4)

Distance to school: 0.5 km (~9 min walk)
Bill Hogarth Secondary School (Grade: 09-12) | School Boundary

French Immersion school

Rank: 52/746 (Score: 8.4)

Distance to school: 0.5 km (~9 min walk)
Unionville High School (Grade: 09-12) | School Boundary

Arts program school

Rank: 24/746 (Score: 8.9) 5 year average: 9/746 (Score: 8.9)

Distance to school: 9.6 km (~29 min drive)
Milliken Mills High School (Grade: 09-12) | School Boundary

AP program school

Rank: 16/746 (Score: 9.1) 5 year average: 41/746 (Score: 8.2)

Distance to school: 9.0 km (~27 min drive)
ST. BROTHER ANDRE (Grade: 9 - 12) | School Boundary

Catholic Home school

Rank: 67/746 (Score: 8.2) 5 year average: 152/746 (Score: 7.3)

Distance to school: 2.3 km (~7 min drive)
ST. BROTHER ANDRE (Grade: 9 - 12) | School Boundary

Catholic AP program school

Rank: 67/746 (Score: 8.2) 5 year average: 152/746 (Score: 7.3)

Distance to school: 2.3 km (~7 min drive)
ST. BROTHER ANDRE (Grade: 9 - 12) | School Boundary

Catholic Gifted program school

Rank: 67/746 (Score: 8.2) 5 year average: 152/746 (Score: 7.3)

Distance to school: 2.3 km (~7 min drive)

Commute Information

Mount Joy Go Train Station (2.6km) - Free Parking available, parking lots: 1322

Location

Community Overview

43 Colchester St is at North West Corner of Cornell Community. Located in the northeast part of Markham, Cornell is bounded by Highway 407, Ninth Line, Donald Cousens Parkway, and Reesor Road. The area is mainly bordered by farmland and the Rouge River Valley, making it a natural and serene place to call home. The community's roots are surprisingly enjoyable, with its name derived from William Cornell, a Rhode Island resident related to the founder of Cornell University, Ezra Cornell. In terms of housing, Cornell features mostly town, semi-detached, or detached houses with garage parking spaces at the rear, creating an aesthetically pleasing streetscape free of parked cars. In past 3 months, 18 Detached homes were sold at average of $1.27M. Families with children comprise a significant portion of the community, with 63% of households containing children. In 43 Colchester St neighbourhood, you will find many residents are Chinese, East-Indian, Canadian, Filipino, and English. The station provides regular service to downtown Toronto and other parts of the GTA. Parks and recreational facilities are abundant in Cornell, with 17 parks and 45 recreational facilities. Cornell residents are well-served by a range of shopping options, with everything from small businesses and specialty shops to larger retail venues. Lastly, Cornell is considered a safe and secure community, with many wellness clinics and the Markham Stouffville hospital conveniently across the southern border. Cornell is an excellent neighborhood with great homes, parks, schools, and amenities, making it an excellent place for anyone seeking a diverse and communal living experience.