261 Main St N
Old Markham Village, Markham
$1,625,000
Buy with Dwelly and Save $16,250
Home Details
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Listing Description
Perfect for investors, renovators, or multi-generational families, 261 Main St North in Old Markham Village offers a unique opportunity to restore and customize a spacious home with income potential. Featuring five bedrooms, two full bathrooms, and two kitchens across the main and second floors, this property provides a versatile layout ideal for extended families or rental options. The unfinished third floor presents an exciting opportunity to create an additional bedroom, home office, or private retreat. A large detached garage adds even more value, with space for two vehicles and an integrated workshop perfect for hobbyists or tradespeople. Above the garage, a separate two-bedroom apartment with its own kitchen, bathroom, and expansive living room and storage loft is accessed via an external staircase. It is currently tenanted and offers immediate rental income. Located just a five-minute walk from the Markham Village GO Station, commuting to downtown Toronto is effortless. This home is also within walking distance of boutique shops, local dining, parks, and top-rated schools. While this property will benefit from a renovators touch, it holds immense potential to become a stunning family home or an income-generating investment in one of Markhams most desirable neighborhoods. Don't miss this opportunity to bring new life to a historic gem in the heart of Old Markham Village. 200A Electrical; Roof 2022; Gas furnace 2009 Property is sold as is, where is.
All usuals: light fixtures, window coverings. Fridge and stove in kitchen, main floor, and microwave in sunroom.
City: Markham
Neighborhood: Old Markham Village
Property History
Rooms
Room dimensions for 261 Main St N, Markham
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 261 Main St N is 8407
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1625000 |
| Down Payment | $325000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1300000 |
Monthly Payment
| Mortgage Payment | $8011 |
| Property Taxes | $396 |
| Maintenance Fees | $0 |
| Monthly Payment | $8407 |
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About 261 Main St N, Markham
Located at 261 Main St N , this Markham house is available for sale. This property was listed for $1,625,000 on Fri Mar 28 2025. This house's size is 70.76 x 132.23 Feet. It has 5 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Br, Br, Kitchen, Sunroom, Br, Br, Br, Kitchen, Br, Living, Kitchen, Br, Br, Loft. This property comes with 8 parking spots. 261 Main St N, Markham is situated in the Old Markham Village neighbourhood.
MLS#: N12048858 · $1,625,000 · 5 bedroom house in Old Markham Village, Markham