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Middlefield, Markham
$1,099,000
Welcome To 47 Elson St! Beautifully Renovated Detached 2-Storey Home In A Highly Sought-After Markham Neighbourhood! This Spacious Home Features 4 Generously Sized Bedrooms, 4 Full Bathrooms, And A Functional Layout Perfect For Growing Families. Finished Basement With 2 Bedrooms, Large Kitchen, Laundry, And Separate Entrance Offers Excellent In-Law Suite Or Rental Income Potential. Spacious Primary Bedroom Features A Walk-In Closet And Updated Ensuite. Modern Eat-In Kitchen Boasts Quartz Countertops, Oversized Centre Island, Stainless Steel Appliances, And Ample Cabinetry. Hardwood Flooring, Oak Staircase, And Pot Lights Throughout. Main Floor Family Room Can Easily Be Converted Into An Additional Bedroom With Closet And Access To A Full Bathroom. Professionally Finished Stone Interlock Driveway And Numerous Upgrades Throughout. Prime Location Close To Walmart, Costco, Home Depot, Banks, Grocery Stores, Restaurants, Shopping, Schools, Parks, Transit, And Just Minutes To Highways 401 & 407. A Fantastic Move-In Ready Home Offering Space, Style, And Income Potential!
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,715 |
| Lot Size | 45.93 ft x 114.83 ft |
| mls© Number | N13608440 |
| Listed By | CENTURY 21 LEADING EDGE 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%
- $5,625
- Property tax
- $560
- Heat allowance
- $150
- Housing costs
- $6,335 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$195,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
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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Comparable sales
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