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Box Grove, Markham
$1,999,999
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 offersnatural 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 with out 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 Bypass, shopping plazas such as the Box Grove Centre, Smart Centres, etc. Amenities like groceries, medical, schools are nearby.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,310 |
| Lot Size | 100 ft x 560.05 ft |
| mls© Number | N13601004 |
| Listed By | SUTTON GROUP - SUMMIT 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%
- $10,237
- Property tax
- $526
- Heat allowance
- $150
- Housing costs
- $10,913 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$336,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $400,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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