43 Colchester Street
Markham (Cornell), ON L6B 1K4
- 3+1Bedrooms
- 4Bathrooms
- 2Garage
- 2000–2500Sq Ft
- $5,427Tax
- 30×105 ftLot Size
Estimated Value:$1,157,020See Free Estimate Report
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About 43 Colchester Street, Markham, Cornell
Summarized Description
- Exceptional income-generating detached home with coach house.
- Fully self-contained coach house ideal for rental income.
- Approximately 2,000 sq. ft. living space.
- Premium lot with parking for 3 vehicles.
- 9-ft ceilings and open-concept layout enhance space.
- Professionally designed deck perfect for entertaining.
- Located near schools, parks, and public transport.
- Projected rental income of $1,700-$1,800/month.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,427
- Land Transfer Tax Fee
- $21,373
- Basement Type
- Unfinished
Interior Features
- Laundry Level
- Upper Level
- Interior Extras
- Auto Garage Door Remote, Carpet Free, In-Law Suite
- Security Features
- Carbon Monoxide Detectors
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Patio, Porch
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 16-30
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 30.04 ft
- Lot Depth
- 104.99 ft
- Lot Size
- 3153.82
Inclusions
- Inclusions
- All appliances are included in both main house and coach house, 2 Fridges, 2 stoves, 2 dishwashers, 2 set of washer dryers, 2 Microwave ovens. Main house has fireplace, all light fixtures and window covering in both main house as well in coach house. One hot water heater is paid off.
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- No
- Telephone
- No
- Bedrooms
- 3 + 1
- Washrooms
- 4
- Kitchens
- 2
Room sizes
- Primary Bedroom—Second level, Walk-In Closet(s), Ensuite Bath, B/I Shelves
- Living Room—Ground level, Hardwood Floor, Open Concept, Combined w/Dining
- Family Room—Ground level, Hardwood Floor, Fireplace, Bow Window
- Bedroom—Second level, Ensuite Bath, Hardwood Floor, Combined w/Laundry
- Bedroom 2—Second level, Semi Ensuite, Walk-In Closet(s), B/I Shelves
- Kitchen—Ground level, Eat-in Kitchen, Ceramic Floor, W/O To Deck
- Kitchen—Second level, Open Concept, Ceramic Floor, B/I Appliances
- Laundry—Second level, Ceramic Floor, Separate Room
- Bedroom 3—Second level, Semi Ensuite, Double Closet, B/I Shelves
- Living Room—Second level, Open Concept, Hardwood Floor, Large Window
- Dining Room—Ground level, Hardwood Floor, Open Concept, Combined w/Dining
Washrooms
- 3-piece, Second
- 2-piece, Ground
- Municipality
- Markham
- Neighbourhood
- Cornell
- Main cross streets
- 16th Ave and Buroak Ave
- Directions
- The main intersection is 16th and Nineth line
- Waterfront
- None
- MLS® number
- N13506900
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-30
- Listed on
- 2026-06-30
- Days on market
- 92 days
- Possession date
- 2026-07-01
- Possession type
- Immediate
- Co-op commission
- 2.5
- Seller
- Listed by
- KELLER WILLIAMS COMPLETE REALTY
Home Market Value
Current home valuation for 43 Colchester Street, Markham, Cornell, Markham, ON. Listed for $1,244,900
HOMEH Estimate
$1,157,020
Estimated Sales Range
$914,046 - $1,399,994
HOMEH Estimate for 43 Colchester Street, Markham, Cornell
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $744,900 over $500K
$99,490
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $45,812 | $34,733 | $29,629 | $0 |
=Total mortgage | $1,191,120 | $1,155,143 | $1,087,794 | $995,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,816monthly | $5,640monthly | $5,311monthly | $4,863monthly |
Land Transfer Tax
$21,373
$21,373
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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