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$1,350,000Asking Price

261 Main Street, Markham, ON L3P 1Y6

Old Markham Village, Markham

Detached
5
Bedrooms
2
Baths
8
Parking
Days on Market

Attention investors and renovators- 261 Main St North in Old Markham Village offers a unique opportunity to restore and customize a spacious home for income potential. It has five bedrooms, two full bathrooms, and two kitchens across the main and second floors. The main house could easily be divided into two rental units, as was done previously. The unfinished basement and unfinished third floor present opportunities to create additional rental value. The large detached garage adds even more value, with space for two vehicles and a separate workshop space at the back. Above the garage is a separate two-bedroom apartment with its own kitchen, bathroom, and expansive living room and storage loft. Located just a five-minute walk north of 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. 200A Electrical; Roof 2022; Gas furnace 2009 Property is sold as is, where is.

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Attention investors and renovators- 261 Main St North in Old Markham Village offers a unique opportunity to restore and customize a spacious home for income potential. It has five bedrooms, two full bathrooms, and two kitchens across the main and second floors. The main house could easily be divided into two rental units, as was done previously. The unfinished basement and unfinished third floor present opportunities to create additional rental value. The large detached garage adds even more value, with space for two vehicles and a separate workshop space at the back. Above the garage is a separate two-bedroom apartment with its own kitchen, bathroom, and expansive living room and storage loft. Located just a five-minute walk north of 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. 200A Electrical; Roof 2022; Gas furnace 2009 Property is sold as is, where is.

Key Info

  • 3-Storey Detached
  • 6-Car Driveway
  • 2-Car Detached Garage
  • Main St. N. & Ramona Blvd
  • 2000-2500 Approximate Sq Feet
  • Unfinished Basement
  • 2 Kitchens
  • Radiant Gas Heating
  • No A/C

Property

  • Lot Size 70.76 x 132.23 Feet
  • Taxes were $4,749 in 2025
  • Possession: 30/60/90

Details

  • No Fireplace
  • No Family Room
  • Designation: Heritage
  • Sewers
  • Municipal Water
  •  
  • MLS #N12244309
  • CENTURY 21 LEADING EDGE REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 12.50' x 12.34' Linoleum
2 Kitchen Flat 7.81' x 6.00'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Markham  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

46% of residents are
single and loving it.

46% singles

Markham (39%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

37% of residents
are renters.

37% renters

Markham (15%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

41% of residents are
university grads.

41% university grads

Markham (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$123K

is the average household
income in the neighbourhood.

Markham  ($134K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 13%
Business 12%
Management 9%
Government 8%
Sciences 7%

Immigrants

33% of residents were
born outside of Canada.

33% immigrants

Markham (60%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Hong Kong was once home to 5.2% of immigrants.
China 3.8%
UK 2.5%
Caribbean 1.6%
Philippines 1.4%

5.2% from Hong Kong
All-time

Birthplace - Recent

China was once home to 0.7% of immigrants.
India 0.7%
Hong Kong 0.6%
Philippines 0.6%
USA 0.2%

0.7% from China
Recent

Foreign Languages

Foreign Languages

Cantonese 9%
Mandarin 4%
Italian 2%
French 2%
Chinese 1%

Religions

Religions

Christian 62%
Muslim 3%
Hindu 3%
Buddhist 3%
Jewish 1%