$1,386,000Asking Price
Rare Opportunity for Builders, Developers & Investorsall the Hard Work is Done. The Current Owner Has Partnered With Designers, Architects, and the City of Markham to Produce Fully Approved Plans for a Stunning Modern Luxury Home. Priced at Land Value With Approved Building Permits Included, Simply Pull the Permits and Build.the Proposed Home Offers Approximately 3,800 Sq Ft Above Grade Across Two Storeys, Featuring 4 Spacious Bedrooms Each With Their Own Ensuite, a Grand Foyer, Chef's Kitchen, Breakfast Area, Family Room, Formal Living and Dining, and a Dedicated Home Office. The Fully Finished Basement Adds a Gym, Recreation Room, Wet Bar, Wine Cellar, and Sauna. An Elevator, Covered Deck, and 2-car Garage Complete This Exceptional Design.with an Estimated Build Cost of Approximately $1.5m in Premium Finishes, and Comparable New Builds in the Area Valued Near $3.08m, the Upside is Undeniable. Seller Take Back (Loan) May Be Considered for Qualified Buyers. Located on a Premium Ravine Lot in a Sought-after, Family Friendly Markham Neighbourhood With Easy Access to Hwy 407, Top-rated Schools, Dining, and an Upcoming Subway LINE.
Rare Opportunity for Builders, Developers & Investorsall the Hard Work is Done. The Current Owner Has Partnered With Designers, Architects, and the City of Markham to Produce Fully Approved Plans for a Stunning Modern Luxury Home. Priced at Land Value With Approved Building Permits Included, Simply Pull the Permits and Build.the Proposed Home Offers Approximately 3,800 Sq Ft Above Grade Across Two Storeys, Featuring 4 Spacious Bedrooms Each With Their Own Ensuite, a Grand Foyer, Chef's Kitchen, Breakfast Area, Family Room, Formal Living and Dining, and a Dedicated Home Office. The Fully Finished Basement Adds a Gym, Recreation Room, Wet Bar, Wine Cellar, and Sauna. An Elevator, Covered Deck, and 2-car Garage Complete This Exceptional Design.with an Estimated Build Cost of Approximately $1.5m in Premium Finishes, and Comparable New Builds in the Area Valued Near $3.08m, the Upside is Undeniable. Seller Take Back (Loan) May Be Considered for Qualified Buyers. Located on a Premium Ravine Lot in a Sought-after, Family Friendly Markham Neighbourhood With Easy Access to Hwy 407, Top-rated Schools, Dining, and an Upcoming Subway LINE.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 3 4-Piece Bathrooms | ||||
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Royal Orchard, Markham is a north GTA neighbourhood notable for its singles, renters, university grads, executives and education, law & public sector professionals. It has a higher than average population of immigrants from Iran, and Persian and Russian speakers. Residents tend to be older with a significant number of adults aged 50 to 64 and seniors aged 65 to 79 and 65 to 79.
Kids Per Family
1.1
kids per family
in the neighbourhood.
42%
of residents are
single and loving it.
42% singles
Markham (39%)
22%
of residents
are renters.
22% renters
Markham (15%)
54%
of residents are
university grads.
54% university grads
Markham (48%)Average Household Income
$133K
is the average household
income in the neighbourhood.
Professions
| Sales | 12% |
| Business | 11% |
| Government | 9% |
| Management | 9% |
| Sciences | 7% |
48%
of residents were
born outside of Canada.
48% immigrants
Markham (60%)12.3% from Iran
All-time
2.6% from Iran
Recent
Foreign Languages
| Persian | 13% |
| Russian | 6% |
| Mandarin | 5% |
| Cantonese | 4% |
| Korean | 4% |
Religions
| Christian | 60% |
| Muslim | 10% |
| Jewish | 9% |
| Hindu | 2% |
| Buddhist | 2% |