43 Colchester St, Markham - Double Garages Detached Home

43 Colchester St

LocationCornell, Markham, L6B 1K4
$1.2M For Sale
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images

Description

What if your next home came with a little help paying the mortgage? Welcome to this charming detached home in Cornell, Markham, where comfort, versatility and income potential come together! A welcoming front porch leads into a bright and inviting interior featuring gleaming hardwood floors, a formal living and dining room, and a separate family room with a cozy fireplace. The spacious eat-in kitchen offers plenty of counter and storage space, with a walkout to the backyard deck-perfect for everyday living and entertaining. The main home features three spacious bedrooms and three bathrooms, along with a separate side entrance to the basement, offering exciting possibilities for additional living space or future income potential, subject to applicable approvals. But the real bonus? A self-contained coach house above the detached two-car garage! Complete with its own private entrance, one bedroom, a full bathroom, kitchen and laundry, this fully legal secondary suite is ideal for extended family, an in-law suite or a nanny-or an excellent opportunity to generate rental income. Step outside to enjoy a beautifully designed three-tier deck, interlocking patio, gas BBQ hookup and additional parking. Located in the heart of Cornell, you're close to parks, trails, schools, Markham Stouffville Hospital, Cornell Community Centre and Highway 407. Whether you're looking for a home that adapts to your family's needs or one with the potential to help offset your monthly expenses, this property offers a little something extra. A charming Cornell home with a hardworking bonus. Don't miss it!

Features

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

Details

  • Front Lot
    Lot size: 30.04 x 104.99 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 5427.06
  • MLS
    N14104036
  • Listing contracted with: RE/MAX PRIME PROPERTIES
Room Size(M) Description
Living Rm5.21x3.15

Hardwood Floor, Combined w/Dining, Large Window

Dining Rm5.19x3.02

Combined w/Living, Open Concept, Window

Kitchen5.56x3.07

Eat-in Kitchen, Stainless Steel Appl, W/O To Deck

Family Rm5.11x3.13

Hardwood Floor, Fireplace, Bow Window

Primary B4.66x4.36

Hardwood Floor, 5 Pc Ensuite, Walk-In Closet(s)

2nd Br3.27x3.27

Semi Ensuite, Walk-In Closet(s), Large Window

3rd Br3.12x3.12

Semi Ensuite, Double Closet, Large Window

Laundry1.61x1.67

Tile Floor, B/I Shelves

Living Rm3.75x3.03

Hardwood Floor, Open Concept, Large Window

Kitchen2.96x2.28

Ceramic Floor, Double Sink, B/I Appliances

Laundry1.60x1.75

Ceramic Floor, Separate Rm

Br2.92x2.96

Hardwood Floor, Combined w/Laundry, 4 Pc Ensuite



Bathroom Pieces Level
1xBath3 pcs

Second

1xBath4 pcs

Second

1xBath2 pcs

In Betwe

1xBath4 pcs

Flat



Property Summary

Located close to the intersection of 16th Ave and Bur Oak 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 Water Heater, Accessory Apartment, In-Law Suite 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 13.5% compared with the same period last year.

Rent levels have decreased 7.3% compared with the same period last year.

Recent Comparable Value Range
$920,000 – $1,220,000
Recent 6-Month Rent Range
$3,200 – $3,300/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
20 Days
Similar homes are selling in about 20 days, faster than the same period last year.
Price Position
11.9% 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

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. Additionally, many houses feature detached garages with laneway access, providing extra space and the potential for rental income. In past 3 months, 14 Detached homes were sold at average of $1.23M. 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. However, the distance to Highway 404 may make it less convenient to travel to downtown Toronto by car. Parks and recreational facilities are abundant in Cornell, with 17 parks and 45 recreational facilities. 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.


Mortgage Calculator

WhatsApp Chat ~