

9 Wales Avenue
Old Markham Village, Markham
$1,688,000
Unlock the potential ! This charming property offers an incredible opportunity for Investors , Builders or Buyers looking to create their dream home or move in as is , where is .This 1 1/2 Storey detached house currently features 4 bedrooms , 2 bathrooms , situated on a very large Lot in very desirable Old Markham Village ( not a heritage home) on 61 x 223 feet irregular lot with approved Permit and drawings for a modern design home of 4278 square feet . Design feature based on addition of second story , 2 + Tandem car garage , Elevator , 10 feet high ceiling on main floor , 9 feet in basement and8 feet on second floor , Surrounded by multi-million dollars homes . Close to shops , restaurants , and Go - Station . The project is shovel ready .
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,160 |
| Lot Size | 18.59 metres x 68.17 metres |
| mls© Number | N13500200 |
| Listed By | CENTURY 21 INNOVATIVE 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%
- $8,640
- Property tax
- $430
- Heat allowance
- $150
- Housing costs
- $9,220 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$284,000
gross annual household income
- Payment at 4%
- $7,103 / mo
- Cash down
- $337,600
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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