$1,625,000Asking Price
Perfect for investors, renovators, or multi-generational families, 261 Main St North in Old Markham Village offers a unique opportunity to restore and customize a spacious home with income potential. Featuring five bedrooms, two full bathrooms, and two kitchens across the main and second floors, this property provides a versatile layout ideal for extended families or rental options. The unfinished third floor presents an exciting opportunity to create an additional bedroom, home office, or private retreat. A large detached garage adds even more value, with space for two vehicles and an integrated workshop perfect for hobbyists or tradespeople. Above the garage, a separate two-bedroom apartment with its own kitchen, bathroom, and expansive living room and storage loft is accessed via an external staircase. It is currently tenanted and offers immediate rental income. Located just a five-minute walk from the Markham Village GO Station, commuting to downtown Toronto is effortless. This home is also within walking distance of boutique shops, local dining, parks, and top-rated schools. While this property will benefit from a renovators touch, it holds immense potential to become a stunning family home or an income-generating investment in one of Markhams most desirable neighborhoods. Don't miss this opportunity to bring new life to a historic gem in the heart of Old Markham Village. 200A Electrical; Roof 2022; Gas furnace 2009 Property is sold as is, where is.
Perfect for investors, renovators, or multi-generational families, 261 Main St North in Old Markham Village offers a unique opportunity to restore and customize a spacious home with income potential. Featuring five bedrooms, two full bathrooms, and two kitchens across the main and second floors, this property provides a versatile layout ideal for extended families or rental options. The unfinished third floor presents an exciting opportunity to create an additional bedroom, home office, or private retreat. A large detached garage adds even more value, with space for two vehicles and an integrated workshop perfect for hobbyists or tradespeople. Above the garage, a separate two-bedroom apartment with its own kitchen, bathroom, and expansive living room and storage loft is accessed via an external staircase. It is currently tenanted and offers immediate rental income. Located just a five-minute walk from the Markham Village GO Station, commuting to downtown Toronto is effortless. This home is also within walking distance of boutique shops, local dining, parks, and top-rated schools. While this property will benefit from a renovators touch, it holds immense potential to become a stunning family home or an income-generating investment in one of Markhams most desirable neighborhoods. Don't miss this opportunity to bring new life to a historic gem in the heart of Old Markham Village. 200A Electrical; Roof 2022; Gas furnace 2009 Property is sold as is, where is.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 12.50' x 12.34' | Linoleum |
2 | Kitchen | Flat | 7.81' x 6.00' | |
1 4-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom |
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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% |