43 Colchester Street,Markham, ON L6B 1K4
Markham, ON L6B 1K4
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.
Details
| MLS # | N13506900 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 70 |
| Listing Provided By | KELLER WILLIAMS COMPLETE REALTY | N13506900 270602 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.07 |
| Water Front | None |
Interior
| Interior Features | Auto Garage Door Remote, Carpet Free, In-Law Suite |
|---|---|
| Lease To Own Equipment | Furnace, Water Heater |
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Features | Natural Gas |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Deck, Patio, Porch |
|---|---|
| Roof | Shingles |
| Foundation Details | Concrete |
| Topography | Flat |
| Construction Materials | Vinyl Siding |
| Security Features | Carbon Monoxide Detectors |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5427.06 |
|---|---|
| Tax Legal Description | LOT 282, PLAN 65M3767 |
| Tax Year | 2026 |
Other
| Docking Type | None |
|---|
Area Information
| Province | ON |
|---|---|
| Region | York |
| City | Markham |
| Postal Code | L6B 1K4 |
| Area | Cornell |
| Listing VS Median (in L6B 1K4) | |
Price: $1,244,900 low | high Med: $0 On site: 70 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | York |
| City | Markham |
| Postal Code | L6B 1K4 |
| Area | Cornell |
| Listing VS Median (in L6B 1K4) | |
Price: $1,244,900 low | high Med: $0 On site: 70 low | high Med: | |
