$1,199,999 - 73 Cathedral High Street, Markham
Townhouse for Sale in Markham
137 days on market- MLS Number
- N12671150
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 137
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Lot Size
- 1,800 sqft
- Listing Brokerage
- WORLD CLASS REALTY POINT
**Please Click The Video Tour** Welcome to 73 Cathedral High. A Rarely Offered End Unit Townhouse with Both Residential and Commercial Units. 2,359 Sq. Ft Above Grade. The Commercial Space (Approx. 488 Sq. Ft) Features A Large Open Area With Drywall, Light Fixture and Electrical Outlets Already Installed. There's Also An Oversized 2-Pc Powder Room. This Store Front Has Large Windows on the Front and Side to Allow for Maximum Natural Sunlight. Perfect for An Office, Coffee Shop, Retail, Salon, etc. The Residential Unit Features An Open Concept Layout for Optimal Living With No Wasted Space. The Living and Dining Room Has 4 Large Windows Bringing In Tons of Sunlight. The Dark Hardwood Floors and Gas Fireplace Help Transform the Room into a Cozy Living Space. The Large Modern Kitchen/Breakfast Area Features Quartz Counter tops, Ceramic Floors, And Ample Storage Space. There's Also a Bonus Pantry/Storage Area Below the Staircase. Walkout to a Massive Outdoor Deck for Entertaining Guests. The Primary Bedroom Features a 4 Pc En-suite Bath, Walk-In Closet and a Balcony. Bedrooms 2 and 3 are Spacious with Large Windows and Closets. Conveniently Located Near Top Schools, Parks, Plazas, Restaurants, Shops, Highway 404, etc. This Well Maintained, Move-In Ready Home Is Perfect For Anyone Looking to Start Their Own Business or Someone Looking For Additional Rental Income.
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/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.
73 Cathedral High Street, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $600/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.
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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.
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.
Bathroom Count Matters
With 4 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.