$1,798,000Asking Price
Opportunity awaits at 249 Main Street North in Markham! This exceptional triplex property, located in the heart of Old Markham Village, is perfect for families seeking multi-generational living, investors looking for stable rental income ($6,000+ per month rental income), or entrepreneurs in need of a home-based business space. It offers excellent visibility and potential for future expansion.The spacious lot provides both privacy and generous outdoor space. The property features three self-contained units: a 4-bedroom main house, a 1-bedroom basement unit, and a bachelor suite on the side each with separate meters for easy rental management. The main house boasts a modern, updated kitchen, new flooring, and a versatile layout with four spacious bedrooms, four bathrooms, a living room, dining area, family room, and a flex space. As a bonus, a heated auxiliary building is included ideal for a workshop, studio, or private office. Situated in the vibrant Old Markham Village, the home is surrounded by charming local shops and cafés, and just steps from the GO Station perfect for commuters and business owners alike. UPDATED: Roof (2018), Floor (2022), Windows (2022), Bathroom Renovation (2021), Appliances (2021), Side Bachelor Apt Renovation (2021), BasementApt Renovation (2024), Auxiliary Building Renovation (2024), Portable AC Units throughout.
Opportunity awaits at 249 Main Street North in Markham! This exceptional triplex property, located in the heart of Old Markham Village, is perfect for families seeking multi-generational living, investors looking for stable rental income ($6,000+ per month rental income), or entrepreneurs in need of a home-based business space. It offers excellent visibility and potential for future expansion.The spacious lot provides both privacy and generous outdoor space. The property features three self-contained units: a 4-bedroom main house, a 1-bedroom basement unit, and a bachelor suite on the side each with separate meters for easy rental management. The main house boasts a modern, updated kitchen, new flooring, and a versatile layout with four spacious bedrooms, four bathrooms, a living room, dining area, family room, and a flex space. As a bonus, a heated auxiliary building is included ideal for a workshop, studio, or private office. Situated in the vibrant Old Markham Village, the home is surrounded by charming local shops and cafés, and just steps from the GO Station perfect for commuters and business owners alike. UPDATED: Roof (2018), Floor (2022), Windows (2022), Bathroom Renovation (2021), Appliances (2021), Side Bachelor Apt Renovation (2021), BasementApt Renovation (2024), Auxiliary Building Renovation (2024), Portable AC Units throughout.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 12.73' x 13.98' | Tile Floor, Stainless Steel Appliances, Beamed Ceilings |
2 | Den | Main | 8.63' x 10.07' | Tile Floor, Large Window, Built-in Shelves |
3 | Other | Flat | 22.97' x 11.68' | Laminate, Combined with Kitchen, 3-PieceEnsuite |
4 | Kitchen | Flat | 22.97' x 11.68' | Laminate, Combined with Living, Large Window |
1 2-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom | ||||
1 3-Piece Bathroom | ||||
1 3-Piece Bathroom in Flat | ||||
2 3-Piece Bathrooms |
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Old Markham Village, Markham is a north GTA neighbourhood notable for its singles, renters, executives, education, law & public sector professionals and tradespeople. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 79.
Kids Per Family
1.1
kids per family
in the neighbourhood.
46%
of residents are
single and loving it.
46% singles
Markham (39%)
37%
of residents
are renters.
37% renters
Markham (15%)
41%
of residents are
university grads.
41% university grads
Markham (48%)Average Household Income
$123K
is the average household
income in the neighbourhood.
Professions
Sales | 13% |
Business | 12% |
Management | 9% |
Government | 8% |
Sciences | 7% |
33%
of residents were
born outside of Canada.
33% immigrants
Markham (60%)5.2% from Hong Kong
All-time
0.7% from China
Recent
Foreign Languages
Cantonese | 9% |
Mandarin | 4% |
Italian | 2% |
French | 2% |
Chinese | 1% |
Religions
Christian | 62% |
Muslim | 3% |
Hindu | 3% |
Buddhist | 3% |
Jewish | 1% |