43 Colchester Street, Markham, ON

$1,280,000
MLS#:N13506900
4 beds
4 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Added:Jun 30, 2026(60 days ago)
Updated:Aug 11, 2026(18 days ago)
Last Checked:10 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cornell. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,280,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 30.04 x 104.99 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 43 Colchester Street, Markham is currently for sale and has been available on SousaSells for 60 days. This property is listed at $1,280,000 with an estimated mortgage of $4,261* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 43 Colchester Street, Markham is in the Cornell neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Cornell, Markham.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Cornell, Markham.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedJun 30, 2026 (60 days ago)
UpdatedAug 11, 2026 (18 days ago)
Last Checked10 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size30.04 × 104.99 Feet
CountyYork
Annual Tax$5,427.06
Legal DescriptionLOT 282, PLAN 65M3767

Parking & Garage

Parking Total3.0
Parking Space1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Auto Garage Door Remote
  • Carpet Free
  • In-Law Suite

Security Features

  • Carbon Monoxide Detectors

Community Features

None listed

Frequently Asked Questions about 43 Colchester Street, Markham, ON

Q.What is the asking price for 43 Colchester Street, Markham, ON ?

The current listing price for 43 Colchester Street, Markham, ON in Cornell, Markham is $1,280,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 43 Colchester Street, Markham, ON ?

43 Colchester Street, Markham, ON is a Detached (2-Storey) featuring a Unfinished basement.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Carpet Free, In-Law Suite.

Q.What security features are installed at 43 Colchester Street, Markham, ON ?

Security features include: Carbon Monoxide Detectors.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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43 Colchester Street, Markham, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Cornell, Markham

SAFETY RATING9.5 / 10
Low Incident Area
Total Annual Incidents65 incidents / yr
Average Per Month5.4 incidents / mo
Population Benchmark34,000 residents
Personal Safety
Very Low

14 assaults (41.2/100k)

Property Security
Very Low

13 B&E (38.2/100k)

Auto Theft Risk
Moderate

22 thefts (64.7/100k)

1-Year Trend
▼ 5.8%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 43 Colchester Street, Markham, ON L6B 1K4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$384,000 (30.0%)
* Minimum Canadian down payment required for this price is $256,000.
Amortization Period30 Years
Estimated Monthly Payment$4,261Based on a loan of $896,000 over 30 years.
Purchase Price$1,280,000
Loan Amount$896,000
Provincial Land Transfer Tax:$22,075
Total Estimated Closing Taxes:$22,075

About Purchasing a Home in Markham, ON

For a property listed at $1,280,000 in Markham, the legal minimum down payment is $256,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,075 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,075.

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Cornell, Markham Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cornell, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$981,818

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Best Schools in Cornell, Markham

Elementary Schools

Cornell Village
Public186 Country Glen Road, Markham, Ontario, L6B 1B5
7.2
Reesor Park
Public69 Wootten Way North, Markham, Ontario, L3P 2Y5
7.0
St Joseph
Public388 White's Hill Avenue, Markham, Ontario, L6B 0J3
7.6
Kateri Tekakwitha
Public230 Fincham Avenue, Markham, Ontario, L3P 4B5
8.4
Rouge Park
Public568 Riverlands Avenue, Markham, Ontario, L6B 1A6
8.2

Secondary Schools

Bill Hogarth
Public100 Donald Sim Avenue, Markham, Ontario, L6B 0R4
8.3
Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9

Cornell, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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