$2,880,000 - 9 Orchard Street, Markham
Detached for Sale in Markham
65 days on market- MLS Number
- N12995242
- Property Type
- Detached
- Status
- active
- Days on Site
- 65
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Lot Size
- 1 sqft
- Listing Brokerage
- RE/MAX REALTRON LUCKY PENNY HOMES REALTY
Over one acre of land with exceptional redevelopment and expansion potential, located in the heart of Old Markham Village and surrounded by multi million dollar custom homes and a mature tree canopy. This rare property offers outstanding privacy, quiet enjoyment, and one of the largest lots in the neighbourhood. The well built bungalow features a warm and spacious living room, dining room, and an open concept kitchen with stainless steel appliances, granite countertops. The primary bedroom includes a walk in closet and a luxurious six piece ensuite with walkout to the yard. The finished basement provides additional living space with two bedrooms, a family room, and a recreation room/ gym, ideal for extended family or entertaining. A completely livable separate coach house over the garage includes its own water and HVAC systems, gas heating, kitchen, bathroom, two wet bars, and ample private space suitable for a home office, guest suite, or entertainment area.The extra long driveway accommodates up to eighteen vehicles. Pot lights, built in speakers, and abundant storage are found throughout the main residence. The property is extremely well maintained and can be enjoyed as is for many years, or expanded, renovated, or redeveloped due to the exceptional lot size and premium location. Steps to The Ever Popular Morgan Pool/Park, Markham GO, Top-Ranked Schools & Main Street Markham. Minutes From Hwy 407, Markville Mall & All of Markham's Amenities. Excellent Potential in a High-Demand Neighbourhood. Dont Miss Out! New Tankless Hot Water 2025; LG Refridgerator and Dishwasher new as of 2021.
Estimate your monthly payments for this property
Estimated Payment
$12,739.21/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.
9 Orchard 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
Premium Pricing
At $1920/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 65 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
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 $12,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.