









10729 Victoria Square Boulevard
Victoria Square, Markham
$2,200,000
Rare opportunity to acquire a heritage-designated property in Markham's historic Victoria Square community with significant lot value and future upside. The property is the subject of a previously approved consent application, subject to conditions, to create two residential parcels: one proposed lot of approximately 23.38 m frontage and 1,109 m, and one retained lot of approximately 23.39 m frontage and 1,094.8 m.This is a unique offering for buyers, investors, or builders seeking a character property with planning momentum already established. The existing home is a designated heritage property, adding architectural character and historical significance that is increasingly rare in Markham. The area has also been identified for municipal infrastructure improvements and service upgrades, supporting the long-term appeal of the location.Property is being sold in as-is, where-is condition. Buyers and buyers' agents must complete their own due diligence regarding severance conditions, heritage approvals, municipal servicing, permits, zoning, redevelopment potential, and all future intended uses.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $5,847 |
| Lot Size | 46.76 metres x 47.81 metres |
| mls© Number | N13021898 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $11,261
- Property tax
- $487
- Heat allowance
- $150
- Housing costs
- $11,898 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$366,000
gross annual household income
- Payment at 4%
- $9,258 / mo
- Cash down
- $440,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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