7658 NINTH Line, Markham

Price: $2,999,999

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N12943740

ATTENTION Investors or developers who might explore redevelopment. Welcome to an rare opportunity to own a sprawling lot in the serene neighbourhood of Box Grove. This 1.24-acre lot 100' frontage by 560' depth , offers peace, privacy, and unlimited potential. With over 1 acre of land complete with mature trees and beautiful hedges around the perimeter which offers natural screening and charm. Major depth to the property/deep back yard excellent privacy backing onto the Rough River. Property features a three bedroom bungalow with plenty of space for gardens, outdoor recreation, complete without buildings with hydro.This property May also appeal to: Owners who may want to renovate, expand, or build additional structures, Families seeking a home with room to spread out and lots of outdoor space Buyers who want privacy and the feel of country with convenience of city amenities of nearby Box Grove known for a slower pace, quiet streets, green surroundings, and family-friendly atmosphere. Close to Rouge National Urban Park, plus many local parks and trails for walking, biking, and outdoor recreation. Easy access to Highway 407, Don-Donald Cousens Parkway, Box Grove By pass, shopping plazas such as the Box Grove Centre, Smart Centres, etc. Amenities like groceries, medical, schools are nearby.

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$2,999,999 - 7658 NINTH Line, Markham

Detached for Sale in Markham

76 days on market
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N12943740
Property Type
Detached
Status
active
Days on Site
76
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Lot Size
1 sqft
Listing Brokerage
SUTTON GROUP - SUMMIT REALTY INC.
Description

ATTENTION Investors or developers who might explore redevelopment. Welcome to an rare opportunity to own a sprawling lot in the serene neighbourhood of Box Grove. This 1.24-acre lot 100' frontage by 560' depth , offers peace, privacy, and unlimited potential. With over 1 acre of land complete with mature trees and beautiful hedges around the perimeter which offers natural screening and charm. Major depth to the property/deep back yard excellent privacy backing onto the Rough River. Property features a three bedroom bungalow with plenty of space for gardens, outdoor recreation, complete without buildings with hydro.This property May also appeal to: Owners who may want to renovate, expand, or build additional structures, Families seeking a home with room to spread out and lots of outdoor space Buyers who want privacy and the feel of country with convenience of city amenities of nearby Box Grove known for a slower pace, quiet streets, green surroundings, and family-friendly atmosphere. Close to Rouge National Urban Park, plus many local parks and trails for walking, biking, and outdoor recreation. Easy access to Highway 407, Don-Donald Cousens Parkway, Box Grove By pass, shopping plazas such as the Box Grove Centre, Smart Centres, etc. Amenities like groceries, medical, schools are nearby.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,270.01/mo

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5-yr fixed avg.

Principal: $2,399,999Interest: $1,581,003
Mortgage Amount$2,399,999
Total Interest$1,581,003
Est. Property Tax$2,125/mo
Total Cost$3,981,002

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

7658 NINTH Line, 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)
0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$2,125
Insurance (est.)-$625
Net Cash Flow+$50

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

Premium Pricing

At $2000/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.

Negotiation Opportunity

At 76 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 $12,500 (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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    7658 NINTH Line, Markham — $2,999,999 | Battaglia Team