6 Albert Street, Markham

Price: $1,180,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N12710056

Client Remarks$$Thousands spent renovated Link Bangalow(by Garage Only) Located in the Mature Neighborhood of Markham village, A Premium Lot(41.25*132 Feet) , 3 Bedrooms in main floor with Closets ,Furnace (2018)Newer Main Floor Washroom(2019), Newly painting in main floor and Basement(2023) ,Bed Rooms door in Main floor(2023) New Pot Light(2023) ,Main Floor With Hard wood Floor,3 Pc Bathroom in main floor ,Large Kitchen With Brandnew countertops and Ss appliances, Convenient Main floor Laundry, Finished Basement With Separate Entrance and 2 Bedrooms and 3 pc Bathroom with Kitchen and Separate Laundry, Laminate in Basement(2023) Ready For Rent ,Walk to Historic Main Street, Shops ,Restaurant, Markham Public Library ,Bilingual Elementary School, Nearby Hospital and go Station ,Big Driveway and also Garage connect to the Backyard , park cars in the back yard available.

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$1,180,000 - 6 Albert Street, Markham

Detached for Sale in Markham

137 days on market
5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N12710056
Property Type
Detached
Status
active
Days on Site
137
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Listing Brokerage
REAL ONE REALTY INC.
Description

Client Remarks$$Thousands spent renovated Link Bangalow(by Garage Only) Located in the Mature Neighborhood of Markham village, A Premium Lot(41.25*132 Feet) , 3 Bedrooms in main floor with Closets ,Furnace (2018)Newer Main Floor Washroom(2019), Newly painting in main floor and Basement(2023) ,Bed Rooms door in Main floor(2023) New Pot Light(2023) ,Main Floor With Hard wood Floor,3 Pc Bathroom in main floor ,Large Kitchen With Brandnew countertops and Ss appliances, Convenient Main floor Laundry, Finished Basement With Separate Entrance and 2 Bedrooms and 3 pc Bathroom with Kitchen and Separate Laundry, Laminate in Basement(2023) Ready For Rent ,Walk to Historic Main Street, Shops ,Restaurant, Markham Public Library ,Bilingual Elementary School, Nearby Hospital and go Station ,Big Driveway and also Garage connect to the Backyard , park cars in the back yard available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,219.54/mo

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5-yr fixed avg.

Principal: $944,000Interest: $621,861
Mortgage Amount$944,000
Total Interest$621,861
Est. Property Tax$836/mo
Total Cost$1,565,861

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

6 Albert Street, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$836
Insurance (est.)-$246
Net Cash Flow+$2,518

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 $1073/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 137 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.

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.

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 $4,917 (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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