249 Main St N
Old Markham Village, Markham, L3P 1Y6
FOR SALE
$2,100,000
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5 + 4
BEDROOMS6
BATHROOMS2 + 1
KITCHENS12 + 4
ROOMSN10409135
MLSIDContact Us
Property Description
Opportunity awaits at 249 Main Street North in Markham! This exceptional triplex property, located in the heart of Old Markham Village, is perfect for investors, those seeking multi-generational living or home occupations. The spacious lot offers abundant privacy and outdoor space, featuring three self-contained units: a 4-bedroom main house, a 1-bedroom basement unit, and a side bachelor suite, each with separate meters for easy rental management. The main house boasts an updated modern kitchen and new flooring, with a versatile layout that includes four spacious bedrooms and four baths, as well as a living room, dining area, family room, and flex space. As a bonus, there is a heated auxiliary building, which presents potential for a workshop, studio, or private office. The prime location in vibrant Old Markham Village places you surrounded by local shops and cafes, just steps from the GO Station, making it ideal for commuters!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-07-08 | 2020-07-18 | 10 | $2,500 | $2,750 | Leased |
Extras
Roof (2018), Floor (2022), Windows (2022), Bathroom Renovation (2021), Appliances (2021), Side Bachelor Apt Renovation (2021), Basement Apt Renovation (2024), Auxiliary Building Renovation (2024), Portable AC Units throughout.
Nearby Intersections
Kennedy & Carlton (11)
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
71' x 199'
Lot Irregularities
L Shape 70.56 / 199.12 / 132.13 / 66.19
Fronting
East
Taxes
$7,654 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Garage Type
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.73' x 15.06' | Laminate, Large Window, Overlook Patio |
| Family | Main | 16.99' x 13.91' | Laminate, Large Window, Combined W/Dining |
| Kitchen | Main | 13.98' x 12.73' | Ceramic Floor, Stainless Steel Appl, Beamed |
| Den | Main | 10.07' x 8.63' | Ceramic Floor, Large Window |
| Sunroom | Main | 11.06' x 11.38' | Laminate, Large Window, W/O To Yard |
| Prim Bdrm | 2nd | 13.75' x 13.91' | Laminate, Large Window, 3 Pc Ensuite |
| 2nd Br | 2nd | 9.42' x 13.06' | Laminate, Large Window, Ceiling Fan |
| 3rd Br | 2nd | 16.08' x 13.06' | Laminate, Large Window, Ceiling Fan |
| 4th Br | 2nd | 9.81' x 10.89' | Laminate, Large Window, Ceiling Fan |
| Other | Flat | 11.68' x 22.97' | Laminate, Combined W/Kitchen, 3 Pc Ensuite |
| Br | Bsmt | 9.81' x 10.89' | Laminate, Above Grade Window |
| Living | Bsmt | 13.98' x 12.73' | Laminate, Combined W/Kitchen |
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Markham Market Statistics
Markham Price Trend
249 Main St N is a 5-bedroom 6-bathroom home listed for sale at $2,100,000, which is $130,108 (6.6%) higher than the average sold price of $1,969,892 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Markham increased by $145,837 (8.0%) compared to the previous 30 day period (September 21 - October 20) and up $182,892 (10.2%) from the same time one year ago.Inventory Change
There were 27 5-bedroom homes listed in Markham over the last 30 days (October 21 - November 19), which is down 22.9% compared with the previous 30 day period (September 21 - October 20) and up 125.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Markham typically sold $2,520 (0.1%) above asking price over the last 30 days (October 21 - November 19), which represents a $30,985 increase compared to the previous 30 day period (September 21 - October 20) and ($13,600) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Markham over the last 30 days (October 21 - November 19) stood at 66.7%, up from 25.7% over the previous 30 days (September 21 - October 20) and up from 41.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Markham stood at 21 days when successfully sold over the last 30 days (October 21 - November 19), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max All-Stars Realty Inc.
Similar Listings
Welcome to an exceptional investment opportunity in the heart of a Tarion 2017 Homeowners Choice Award Winning community, crafted by Arista Homes. This expansive three-unit property combines the best of residential and commercial spaces, offering a unique live/work lifestyle with no maintenance fees.The property features a commercial unit on the ground floor, ideal for business ventures, complemented by two spacious 3-bedroom residential units, each with separate entrances for privacy and convenience.Enjoy impressive rental income potential from all three units, making it a lucrative opportunity for investors or those seeking multi-family living arrangements.Situated on a premium corner lot, the ground floor boasts soaring 11-foot ceilings, enhancing the spaciousness and appeal of the commercial space. The second level offers 9-foot ceilings, ensuring a bright and airy atmosphere throughout.Enhanced with numerous upgrades straight from the builder, including a fully interlocked exterior and an extended driveway providing ample parking space, this property promises both aesthetic charm and practical functionality.Conveniently located near all amenities, this property is poised to deliver a rental income of approximately $100,000 per year, making it an irresistible prospect for savvy investors and business owners alike.Don't miss out on this exceptional opportunity to own a versatile property that combines luxury living with income-generating potential.
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