22 MARKHAM Street, Markham

Price: $1,099,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13034190

Welcome to this charming, well-designed 3-bedroom bungalow in the heart of Old Markham Village. Thoughtfully laid out and full of character, this home offers comfortable living in a highly sought-after location.The primary bedroom features a sliding door walkout to a private deck overlooking a generousbackyard: perfect for morning coffee or evening entertaining. A third bedroom has beencleverly converted into a cozy rear family den, easily restored to a bedroom if needed.Location is everything, and this home delivers. Just steps from Franklin Public School and itspopular French immersion program. Minutes to Main Street Markham with its cafés, Starbucks,restaurants, and boutique shopping. Close to the GO train, Highway 407 ETR, Markville Mall and Markham Stouffville Hospital. 22 Markham Street could be your perfect downsize. Its large 50x155' foot lot could also offer redevelopment potential now or later on.

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$1,099,000 - 22 MARKHAM Street, Markham

Detached for Sale in Markham

54 days on market
3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13034190
Property Type
Detached
Status
active
Days on Site
54
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to this charming, well-designed 3-bedroom bungalow in the heart of Old Markham Village. Thoughtfully laid out and full of character, this home offers comfortable living in a highly sought-after location.The primary bedroom features a sliding door walkout to a private deck overlooking a generousbackyard: perfect for morning coffee or evening entertaining. A third bedroom has beencleverly converted into a cozy rear family den, easily restored to a bedroom if needed.Location is everything, and this home delivers. Just steps from Franklin Public School and itspopular French immersion program. Minutes to Main Street Markham with its cafés, Starbucks,restaurants, and boutique shopping. Close to the GO train, Highway 407 ETR, Markville Mall and Markham Stouffville Hospital. 22 Markham Street could be your perfect downsize. Its large 50x155' foot lot could also offer redevelopment potential now or later on.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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.

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Neighbourhood Guide: Markham

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

22 MARKHAM Street, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$1,793

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $999/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 54 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.

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 $4,579 (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.

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    22 MARKHAM Street, Markham — $1,099,000 | Battaglia Team