$1,399,900 - 89 Main Street, Markham
Detached for Sale in Markham
50 days on market- MLS Number
- N13047776
- Property Type
- Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Lot Size
- 15,246 sqft
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
Timeless Charm Meets Modern Comfort in This Classic 1863 Home. This is the one you've been waiting for. Set on a rare, private treed corner lot in the heart of town, just a short walk to historic Main Street. This Classic Revival residence offers authentic period details alongside thoughtful modern upgrades. Crafted with enduring quality, the home features triple-brick construction on the main floor, double-brick on the second keeping the home soundproof and peaceful. Soaring 9-foot ceilings in the dining room showcases the home's grand scale. Original millwork, 12-inch baseboards, and two fully operational fireplaces retain the home's historic character, while large windows invite natural light throughout. The layout includes 3 spacious bedrooms, 2 bathrooms, a main floor office, and generous principal rooms perfect for both everyday living and entertaining. Modern updates include: energy efficient boiler (2019), Three-pack air conditioning units (2022), 200-amp electrical service (2011), 40-year fiberglass roof shingles (2017), upgraded insulation (2011). Outside, enjoy more than a third of an acre of fully private, manicured grounds surrounded by mature trees, an in-ground sprinkler system, and a detached 2-car garage with 5 total parking spaces. A rare opportunity to own a meticulously cared-for piece of local history, with quick access to nature trails, Hwy 407, Hwy 7, and GO Transit. Ideal for those who value architectural integrity, craftsmanship, and timeless charm. This is not a designated heritage home, but is in a heritage area district.
Estimate your monthly payments for this property
Estimated Payment
$6,192.23/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.
89 Main Street, Markham
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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 $700/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 50 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 $5,833 (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.