$1,500,000
10.83 BTC
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261 Main Street, Markham
$1,500,000
PRICE
5
BEDROOMS
2
BATHROOMS
N12048858
MLSID

261 Main Street, Markham

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.
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Summary

Address
261 Main Street
MLSID
N12048858
Property Type
Detached
Property Category
Bedrooms
5
Bathrooms
2
Kitchens
2
Taxes (Annual)
$4,749.63
Tax Year
2025
Published
March 28, 2025
Days on Market
86 Days
Possession Type
Flexible
Possession Details
30/60/90
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Inclusions

All usuals: light fixtures, window coverings. Fridge and stove in kitchen, main floor, and microwave in sunroom.

Details

Property Features
Hospital, Public Transit
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Parking Spaces
6
Parking Total
8
Parking Features
Private
Architectural Style
3-Storey
Lot Width
71 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with CENTURY 21 LEADING EDGE REALTY INC.
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