43 Colchester St, Markham, Ontario L6B 1K4
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$608/sqft
Monthly cost
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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 $1,700-$1,800/month 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.
Property Details
Interior
Features
2nd Floor
Primary
4.64 x 4.49W/I Closet / Ensuite Bath / B/I Shelves
2nd Br
3.27 x 3.27Semi Ensuite / W/I Closet / B/I Shelves
3rd Br
3.12 x 3.12Semi Ensuite / Double Closet / B/I Shelves
Living
3.75 x 3.03Open Concept / hardwood floor / Large Window
Exterior
Features
Parking
Garage spaces 2
Garage type Detached
Other parking spaces 1
Total parking spaces 3
Property History
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