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Listed 11 days ago

62 Peter Street

Old Markham Village, Markham

$1,399,000

Detached|Bungalow
3 | 3 | 5
About this home

Rare Opportunity in the Heart of Markham! Nestled on a quiet, family-friendly street, this well-maintained bungalow sits on a premium 66 x 134 ft mature lot in one of Markham's most sought-after neighbourhoods. Surrounded by numerous luxury custom-built homes and charming heritage properties, this is one of the few remaining oversized lots offering exceptional potential to live in, renovate, invest, or build your dream home. The home features a fully renovated basement complete with a kitchen and full bathroom, making it ideal as an in-law suite or for extended family. Enjoy an oversized driveway with no sidewalk, a spacious private backyard with mature trees, and a peaceful setting perfect for families. Conveniently located within walking distance to Historic Main Street Markham, parks, shopping, restaurants, public transit, and everyday amenities, with just minutes to Markham Stouffville Hospital, Markville Mall, GO Transit, and major highways. A truly rare offering combining location, lifestyle, and future redevelopment potential.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,884
Lot Size66 ft x 133.62 ft
mls© NumberN13605038
Listed ByHOMELIFE LANDMARK 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%
$7,161
Property tax
$490
Heat allowance
$150
Housing costs
$7,801 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,800
25-yr amortization

Income needed

$240,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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