$4,250,000 - 22 Ida Street, Markham
Multi-Family for Sale in Markham
New — Listed 3 days ago- MLS Number
- N13426392
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- PSR
Welcome To 22 Ida - A Custom-Built, French Chateau-Inspired Estate That Stands As A True Masterpiece Of Craftsmanship And Timeless Elegance, Nestled On A Prized Corner Lot In A Quiet Cul-De-Sac Embraced By Mature Trees. Spanning More Than 6,700 Sqft Of Finished Living Space, This Home Offers An Unparalleled Blend Of Sophisticated Design & Modern Comfort. Step Inside To Discover 5 Spacious Bedrooms & 7 Opulent Bathrooms, With Exquisite Hardwood & Marble Flooring Throughout. The Grand Spiral Staircase With Wrought Iron Detailing Sets The Tone For The Refined Interiors, Complemented By Full Panelled Library, Intricate Crown Moldings, & Four Fireplaces. Designed For The Most Discerning Chef, The Gourmet Kitchen Is Equipped With Top-Of-The-Line Wolf & SubZero Appliances, Custom Cabinetry, & An Oversized Island, Perfect For Entertaining. The Primary Suite Is A True Retreat, Boasting A Walk-In Closet & A Spa-Inspired Ensuite. This Extraordinary Residence Is A Rare Offering, Blending Timeless Luxury With Modern Convenience In An Unbeatable Setting. Extras Additional Standout Features Include A Glass-Enclosed Wine Cellar, Nanny Quarters, A Sophisticated Bar, A Private Home Theatre, And More. The Exterior Showcases The Beauty Of Natural Louisiana Stone, Enhancing The Homes Grand Presence.
Estimate your monthly payments for this property
Estimated Payment
$18,799.18/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.
22 Ida 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
Premium Pricing
At $1214/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $17,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.