49 Colchester St, Markham - Double Garages Detached Home

49 Colchester St

LocationCornell, Markham, L6B 1K3
$1.399M For Sale
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Description

Beautifully maintained detached Home On A Premium Corner Lot In Cornell. Hardwood Floors Throughout main level, Laminate floors on 2nd and basement, main level kitchen has pantry and walk out to yard. 4 Bedrooms plus 1 bedroom in the basement & 4 Baths In Total, 2nd kitchen in basement. Finished Basement Provides Great Extra Living & Entertainment Space or use it as an In-Law suite. Low-Maintenance Backyard Ideal For Outdoor Gathering & Extra Privacy. Detached double car garage. Steps To Top-Rated Schools & Parks and Cornell community centre and library. A True Gem Move In & Enjoy! 2,738 SF above grade. Air Conditioner is owned. Rough in laundry on 2nd floor. 200 amps Electric Panel,

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 73.74 x 105.00 Feet
  • Lot Depth
    Space: 2500-3000
  • Tax Amount
    Tax: $ 7049.00
  • MLS
    N13803808
  • Listing contracted with: RE/MAX PROFESSIONALS INC.
Room Size(M) Description
Living Rm7.60x5.40

Hardwood Floor, Combined w/Dining, Open Concept

Dining Rm7.60x5.40

Hardwood Floor, Combined w/Living, Crown Moulding

Kitchen8.30x4.00

Breakfast Area, Centre Island, Stainless Steel Appl

Family Rm5.56x5.34

Hardwood Floor, Fireplace, Large Window

Primary B5.91x5.00

Combined w/Office, Walk-In Closet(s), 4 Pc Ensuite

2nd Br4.76x4.10

Laminate, Closet, Large Window

3rd Br3.86x3.34

Laminate, Closet, Window

4th Br3.66x3.00

Laminate, Walk-In Closet(s), Window

5th Br4.86x4.80

Laminate, Fireplace, Closet

Recreatio7.30x4.66

Laminate, Open Concept

Kitchen4.70x1.70

Ceramic Floor, Eat-in Kitchen

Den2.22x1.70

Laminate, Window, Combined w/Br



Bathroom Pieces Level
1xBath4 pcs

Second

1xBath3 pcs

Second

1xBath2 pcs

Main

1xBath3 pcs

Basement



Property Summary

Located close to the intersection of 16th Avenue and Bur Oak, 49 Colchester St is a 4+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 Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 3.8% compared with the same period last year.

Rent levels have increased 4% compared with the same period last year.

Recent Comparable Value Range
$1,210,000 – $1,450,000
Recent 6-Month Rent Range
$3,700 – $3,900/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
27 Days
Similar homes are selling in about 27 days, slower than the same period last year.
Price Position
5.3% Higher
The asking price is above the estimated value of comparable homes.

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



Commute Information

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

Location





Community Overview

49 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. Additionally, many houses feature detached garages with laneway access, providing extra space and the potential for rental income. In past 3 months, 17 Detached homes were sold at average of $1.25M. Additionally, 49% of residents in this neighborhood are first-generation immigrants, while 32% are second-generation immigrants, contributing to the community's diversity. In 49 Colchester St neighbourhood, you will find many residents are Chinese, East-Indian, Canadian, Filipino, and English. YRT/Viva buses also operate in the area, with several routes connecting to nearby communities and transit hubs. The Cornell Community Centre is another hub for community activities and is a great place to stay active, learn, and socialize. The Main Street Markham shopping district, just a short drive south on Markham Road, features charming architecture, sidewalk cafes, and a variety of unique shops and boutiques. 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.


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