43 Colchester Street, Markham, ON L6B 1K4
Markham, ON, L6B 1K4 · Cornell
About this property
Exceptional Income-Generating Detached Home with Coach House in Prestigious Cornell, Markham! A rare investment opportunity offering multiple income-generating possibilities. This beautifully maintained detached home features a fully self-contained coach house, ideal for homeowners seeking strong rental income, a valuable mortgage helper, multigenerational living, or flexible dual-living arrangements. Situated on a premium lot with parking for 3 vehicles (double garage + 1 driveway), this remarkable property offers approximately 2,000 sq. ft. (Main +Coach) living space, plus additional income potential from the coach house and future basement development.The property features 9-ft ceilings, a bright open-concept layout, elegant finishes, and spacious living and dining areas centered around a cozy fireplace. Enjoy a large front porch veranda and a professionally designed 3-tier deck with interlocking brick patio and gas BBQ hookup at the backyard for entertainment and gatherings. Offering 4 spacious bedrooms and 4 bathrooms (3 in main house, 1 in coach house), this home is ideal for growing families. Additional highlights include a large cold cellar with unfinished basement, ready for future customization. With minor modifications, the existing separate entrance can provide private basement access, creating potential for an additional income-producing suite.The fully self-contained coach house features its own private entrance, kitchen, bathroom, laundry, and separate living space-perfect for extended family/ for stable income generation. Projected rental income of approximately $1,800/month($ 21,600 Annually) makes it an excellent mortgage helper.Includes a full set of appliances for both the main house and coach house. Ideally located near top-ranking schools, parks, trails, Markham Stouffville Hospital, Cornell Community Centre, Mount Joy GO Station, and Highway 407. An excellent opportunity of investment with remarkable returns.
Features & Amenities
- Basement: Unfinished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Lot Size | 3,154 Feet |
| Basement | Unfinished |
| Garage | Detached |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,427 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Auto Garage Door Remote, Carpet Free, In-Law Suite
- Fireplace
- Yes
- Fireplace Features
- Natural Gas
Exterior Features
- Exterior Features
- Deck, Patio, Porch
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Shingles
- Basement
- Unfinished
- Approximate Age
- 16-30
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 1
- Parking Total
- 3.00
- Parking Features
- Available
- Covered Spaces
- 2
Lot & Land
- Lot Size Area
- 3153.82
- Lot Size Units
- Feet
- Lot Depth
- 104.99
- Lot Width
- 30.04
Financial & Tax
- Tax Annual Amount
- $5,427
- Tax Year
- 2026
- Possession Type
- Immediate
- Possession Details
- Immidiate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- East
- County Or Parish
- York
- Cross Street
- 16th Ave and Buroak Ave
- Directions
- The main intersection is 16th and Nineth line
- Special Designation
- Unknown
- Showing Requirements
- Go Direct, Lockbox, See Brokerage Remarks
Location
43 Colchester Street, Markham, ON L6B 1K4, Markham, ON, L6B 1K4