$1,600,000 - 202 Main Street, Markham
Detached for Sale in Markham
Popular Listing- MLS Number
- N13176502
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Markham Village heritage home Circa 1870 * Corner lot * Walk to GO Transit * Original character details * Flexible layout * 5-car parking* Set on a spacious corner lot in the heart of Old Markham Village, this charming circa 1870 Station Master's House blends preserved historic character with flexible modern-day living potential. Offering approximately 2,229 sq ft, 202 Main Street N features original wood floors and staircase, impressive 10'6" ceilings on the main level, oversized 15" baseboards, arch windows with wood shutters, and a second-floor cupola skylight that brings natural light into the upper level. The adaptable layout allows for a variety of uses including single-family living, multi-generational living, home office space, duplex potential, or live/work flexibility under R3 zoning. The home is currently configured with office space and residential areas, providing options for both homeowners and investors. Professional basement waterproofing and sealing were completed in 2021. Additional highlights include central air conditioning, forced air gas heating, a full basement, ramp access to the main floor, landscaped lawns, mature perennial gardens, and parking for up to five vehicles. Located within walking distance to GO Transit, Main Street restaurants, shops, and local services, this distinctive heritage property offers timeless character and flexible use opportunities in one of Markham's most established neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$7,077.34/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.
202 Main Street, Markham
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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
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $6,667 (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.