$4,588,000 - 57 Joseph Street, Markham
Multi-Family for Sale in Markham
107 days on market- MLS Number
- N12840962
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 107
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Markham
- Lot Size
- 1 sqft
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
EXPERIENCE THE CHARM OF MUSKOKA LIVING RIGHT IN THE HEART OF MARKHAM. THIS BEAUTIFULLY CRAFTED HOME BLENDS RUSTIC ELEGANCE WITH MODERN COMFORT ,FEATURING NATURAL WOOD FINISHES ,EXPOSEDBEAMS , VAULTED CEILING ,AND LARGE WINDOWS THAT FLOOD THE SPACE WITH NATURAL LIGHT.THE SERENESETTING OFFERS A PRIVATE COTTAGE/RESORT-LIKE AMBIANCE WHILE BEING MINUTES FROM SHOPPING, TRANSIT IN OLD MARKHAM VILLAGE.WHETHER YOUR'E RELAXING BY THE FIRE PLACE OR ENTERTAINING ON THEEXPANSIVE DECK SURROUNDED BY MATURE,THIS UNIQUE RETREAT IS PERFECT FOR FAMILIES TO ENJOY THEBEAUTY AND TRANQUILITY OF NATURAL LIVING,A RARE OPPORTUNITY TO OWN A TIMELESS PIECE OF MUSKOKARIGHT HERE IN MARKHAM. FENG SHUI CERTIFIED BY MASTER PAUL NG-HOME ON HIGH-LIFE CYCLE FOR WEALTH. OVER 7000 SQUARE FEET OF FINISHED LIVING SPACE. OVER SIZE 3-CAR GARAG (TANDEM)WITH HEIGHT TO ACCOMMODATE CAR-LIFT. 3-FLOOR OAK-PANELED ELEVATOR. IN-FLOOR RADIANT HEATING, WITH INDIVIDUAL ROOM TEMPERATURE CONTROL. HEATED OUTDOOR FRONT-PORCH AND STEPS FOR WINTER ICE-MELT. INTERIOR WALL FULLY INSULATED FOR NOISE REDUCTION. TOP QUALITY ENGINEERED HARDWOOD, TRIM AND CASING ECO-FRIENDLY CONSTRUCTION WITH REDUCED ALLERGENS. CUSTOM INGROUND POOL WITH WATER FALL5 BEDROOM, 5 BATHROOM, RECREATION ROOMS, GYM, SAUNA OPEN CONCEPT KITCHEN AND FAMILY ROOM. CUSTOM OPEN -TREAD HARDWOOD STAIRS AND RAILLING. COFFERED CEILING IN DINING ROOM. VAULTED CEILING WITH EXPOSED SUSPENDED BEAMS IN MAIN FLOOR
Estimate your monthly payments for this property
Estimated Payment
$20,294.27/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.
57 Joseph 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 $918/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 107 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.
Larger Home Realities
At 5,000 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 5 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 5 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 $19,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.