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New5 days ago

8 Simsbury Court

Milliken Mills West, Markham

$1,399,000

Detached|Backsplit 5
4 | 6 | 7
About this home

A turnkey powerhouse and rare investment gem in the heart of Markham! Completely transformed with over $350K in top-to-bottom renovations (2024), this expansive 3,346 sq. ft. 5-level backsplit offers exceptional multi-generational flexibility and unmatched rental income potential-fully renovated with official City Building Permits (2024) and Fire Department safety approvals (2024) for ultimate peace of mind and code-compliant quality! The thoughtfully designed layout features 1+1 modern kitchens (2024) with brand-new stainless steel appliances (2024) plus an entertainer's bar (2024); the upper levels boast 4 spacious bedrooms, each complete with its own private ensuite bathroom (2024), closet, and window, while the separate-entrance lower level houses an additional 3-bedroom suite with its own kitchen (2024) and living area. Extensively upgraded throughout, including a new roof (2024), skylight (2024), windows (2024), complete luxury flooring (2024), designer pot lights (2024), all custom bathrooms (2024), and an upgraded 200-amp electrical panel (2024), while the exterior showcases an oversized double garage and a newly interlocked extra-long driveway (2024) accommodating 7+ vehicles. Perfectly positioned in a high-demand AAA rental hub just steps to TTC and YRT transit, top-ranked public & Catholic schools, parks, T&T Supermarket, Shoppers Drug Mart, banks, and dining, this exceptional, permit-approved masterpiece (2024) is truly an opportunity not to be missed!

Extras

No extras listed.

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Open houses

  • Sat, Sep 19

    2:00 PM – 4:00 PM

  • Sun, Sep 20

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

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.

TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,366
Lot Size38.15 ft x 131.06 ft
mls© NumberN13781606
Listed ByRE/MAX EXCEL REALTY LTD.

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
$531
Heat allowance
$150
Housing costs
$7,841 / mo

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

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

Income needed

$241,000

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

Estimated rent, cap rate and monthly cash flow for this property

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