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Listed 9 days ago

47 Elson Street

Middlefield, Markham

$1,099,000

Detached|2-Storey
4 | 4 | 5
About this home

Welcome To 47 Elson St! Beautifully Renovated Detached 2-Storey Home In A Highly Sought-After Markham Neighbourhood! This Spacious Home Features 4 Generously Sized Bedrooms, 4 Full Bathrooms, And A Functional Layout Perfect For Growing Families. Finished Basement With 2 Bedrooms, Large Kitchen, Laundry, And Separate Entrance Offers Excellent In-Law Suite Or Rental Income Potential. Spacious Primary Bedroom Features A Walk-In Closet And Updated Ensuite. Modern Eat-In Kitchen Boasts Quartz Countertops, Oversized Centre Island, Stainless Steel Appliances, And Ample Cabinetry. Hardwood Flooring, Oak Staircase, And Pot Lights Throughout. Main Floor Family Room Can Easily Be Converted Into An Additional Bedroom With Closet And Access To A Full Bathroom. Professionally Finished Stone Interlock Driveway And Numerous Upgrades Throughout. Prime Location Close To Walmart, Costco, Home Depot, Banks, Grocery Stores, Restaurants, Shopping, Schools, Parks, Transit, And Just Minutes To Highways 401 & 407. A Fantastic Move-In Ready Home Offering Space, Style, And Income Potential!

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,715
Lot Size45.93 ft x 114.83 ft
mls© NumberN13608440
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$560
Heat allowance
$150
Housing costs
$6,335 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $219,800
25-yr amortization

Income needed

$195,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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