$2,990,000Asking Price
Private Estate Dream or Development Potential. Seize this increasingly rare opportunity-one of the few remaining estate acreage properties in Markham. This sprawling 6.11-acre, west-facing property is strategically positioned in Markham's prime Future Growth Area; there is little land this size left in Markham to acquire. The substantial existing residence is a 6-bedroom, 6-bathroom raised bungalow ready for moving in, rebuilding, rental income, or a grand renovation. Enjoy incredible west-facing vistas of the rolling hills, natural landscape, and daily sunsets. With close proximity to top communities and Markham's top-tier amenities, this property represents the perfect combination of location, lifestyle, and investment potential. Endless possibilities include: 1) Realize your dream vision by building a new, custom luxury home 2) Seize the development opportunity in Markham's prime future growth area 3) Transform the existing large estate bungalow into a sprawling modern masterpiece 4) Explore severance potential and build two or more grand estate homes or 5) Hold for significant land bank appreciation in a rapidly growing and appreciating corridor. Opportunities of this magnitude are increasingly rare. There is nothing else like it. Buyer to verify all details, measurements and complete their own due diligence regarding all aspects of this property, including zoning and future use. Seller makes no representations or warranties.
Private Estate Dream or Development Potential. Seize this increasingly rare opportunity-one of the few remaining estate acreage properties in Markham. This sprawling 6.11-acre, west-facing property is strategically positioned in Markham's prime Future Growth Area; there is little land this size left in Markham to acquire. The substantial existing residence is a 6-bedroom, 6-bathroom raised bungalow ready for moving in, rebuilding, rental income, or a grand renovation. Enjoy incredible west-facing vistas of the rolling hills, natural landscape, and daily sunsets. With close proximity to top communities and Markham's top-tier amenities, this property represents the perfect combination of location, lifestyle, and investment potential. Endless possibilities include: 1) Realize your dream vision by building a new, custom luxury home 2) Seize the development opportunity in Markham's prime future growth area 3) Transform the existing large estate bungalow into a sprawling modern masterpiece 4) Explore severance potential and build two or more grand estate homes or 5) Hold for significant land bank appreciation in a rapidly growing and appreciating corridor. Opportunities of this magnitude are increasingly rare. There is nothing else like it. Buyer to verify all details, measurements and complete their own due diligence regarding all aspects of this property, including zoning and future use. Seller makes no representations or warranties.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 2-Piece Bathroom on Main Floor | ||||
| 2 4-Piece Bathrooms on Main Floor | ||||
| 1 6-Piece Bathroom on Main Floor | ||||
| 2 4-Piece Bathrooms on Lower | ||||
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Rural Markham, Markham is a north GTA neighbourhood notable for its renters, executives, education, law & public sector professionals and tradespeople. It has a higher than average population of immigrants from Italy, and Italian speakers. Residents tend to be older with a significant number of babies, kids aged 5 to 14, adults aged 35 to 44 and 35 to 44 and seniors aged 65 to 74.
Kids Per Family
1.2
kids per family
in the neighbourhood.
38%
of residents are
single and loving it.
38% singles
Markham (39%)
24%
of residents
are renters.
24% renters
Markham (15%)
40%
of residents are
university grads.
40% university grads
Markham (48%)Average Household Income
$133K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Business | 12% |
| Management | 11% |
| Trades | 7% |
| Government | 7% |
39%
of residents were
born outside of Canada.
39% immigrants
Markham (60%)7.2% from China
All-time
2.0% from China
Recent
Foreign Languages
| Cantonese | 10% |
| Italian | 7% |
| Mandarin | 6% |
| Tamil | 2% |
| French | 2% |
Religions
| Christian | 69% |
| Hindu | 4% |
| Muslim | 3% |
| Jewish | 2% |
| Buddhist | 2% |