Home with brick exterior material, street for 261 Main St, Markham Ontario L3P 1Y6
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6 days on Market

261 Main St, Markham, Ontario L3P 1Y6

Detached
5
2
- sqft
$1,625,000
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Detached
5
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,979/mo

Tax Amount (2025)$4,750/yr

Days On Market6 days


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.


Property Details

Style3-Storey
View-
Age of property-
SqFt-
Lot Size9,356 SqFt(132.23 x 70.76)
Parking Spaces8
MLS ®NumberN12048858
Community NameMarkham Village
Data SourceTRREB
Listing byCENTURY 21 LEADING EDGE REALTY INC.

Features

Heating: Radiant
Basement: Sep Entrance, Unfinished

Flat Floor

Loft

6.2 x 2.87

Living

4.2 x 5.66

Cathedral Ceiling

Kitchen

2.38 x 1.83

Br

2.87 x 3.32

Closet


Features

Lot size: 9,356 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 6

Total parking spaces 8


Property History

Mar 26, 2025
ListedActive
$1,625,000
6 days on market
history photo preview24
Listing by trreb®
Property listed by CENTURY 21 LEADING EDGE REALTY INC., Brokerage

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Market Data - Markham Village

Geo Zone Map ThumbnailMarkham Village

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2024

8 days

2023

10 days

2022

8 days

New Listings

Past 30 days

25 listings

Compared to

2024

15 listings

2023

16 listings

2022

23 listings

Units sold

Past 30 days

7 units

Compared to

2024

8 units

2023

10 units

2022

13 units

Median Sold Price

Past 30 days

$1,328,000

Compared to

2024

$1,430,000

2023

$1,369,400

2022

$1,570,000


Schools and amenities

Estimated Budget