$1,398,000 - 14 Colborne Street, Markham
Detached for Sale in Markham
64 days on market- MLS Number
- N13003232
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Lot Size
- 5,635 sqft
- Listing Brokerage
- KELLER WILLIAMS REALTY CENTRES
Have you a passion for history and art and home ownership? This is more than a home, it's a living connection to Thornhill's rich past. A tribute to the early settlers who shaped Thornhill, this home is set within a landscape once depicted by the Group of Seven, whose members lived and found inspiration in the village. A rare opportunity to immerse yourself in a community where history continues to shape everyday life. Set within Thornhill's cherished heritage district, where tree-lined streets, picket fences have preserved century homes reflecting a village dating back to the late 1700s. This residence captures the warmth and authenticity that define one of the GTA's most historically significant enclaves. The "Red Cottage" itself blends cozy heritage charm with thoughtful modern updates, creating a warm and inviting space that honours its past while embracing today's lifestyle. Far from cookie-cutter, this is a rare and distinctive opportunity for those seeking character, history, and individuality. This home welcomes a versatile lifestyle, with 2 bedrooms and a bathroom upstairs, along with a main-floor bathroom and bedroom plus flexible use of den, perfect for guests, working from home, or creating your own artist studio. Don't just dream of yesteryear-own it, live it, and make it yours. Come get it.
Estimate your monthly payments for this property
Estimated Payment
$6,183.83/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Markham
Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
14 Colborne Street, Markham
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $932/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 64 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,825 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.