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New6 days ago

42 Peter Street

Old Markham Village, Markham

$1,999,990

Detached|2-Storey
4 | 5 | 6
About this home

A Victorian-inspired exterior, luxurious modern-contemporary interior in Old Markham Village. fully renovated (2022-2023), and Designed by Iman, known for timeless, elevated interiors. Features incl soaring high ceilings, cathedral ceilings in the primary suite and library, new oak hardwood floors, custom millwork, and elegant fixtures throughout. Chefs kitchen(2022) includes premium JennAir appliances (gas range, built-in fridge, dishwasher), waterfall island, and hidden pull-out cabinetry. Living room, elegant lighting, is perfect for entertaining. Family room offers custom arched built-ins and a sleek porcelain gas fireplace for relaxed gatherings. Primary retreat boasts a cathedral ceiling, bay window, custom walk-in closet, and French doors leading to a spa-inspired 5-piece ensuite. Library features a soaring cathedral ceiling, flooding natural light, and custom arched bookcases, creating a serene environment for work or reflection. 2nd floor incl 4 spacious bedrooms with custom feature walls and 3 beautifully appointed bathrooms. Finished basement has a separate entrance. It also offers a cozy rec room centered around a porcelain gas fireplace, dining area, 1 bedroom, gym, with wet bar ,wine rack, laundry, and ample storage. The property features a long driveway, private backyard with a large deck, and detached 2 car garage , EV charger. Tankless water heater(owned) and railing at the front porch will be replaced as per the City of Markham requirement (outside the house) and 5-min walk to Markham GO Station, 40-min commute to Union Station, walking distance to Main Street shops, restaurants, parks, top-ranking schools. Min to 407.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$8,535
Lot Size55.07 ft x 128.86 ft
mls© NumberN13617274
Listed ByRE/MAX METROPOLIS REALTY

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%
$10,237
Property tax
$711
Heat allowance
$150
Housing costs
$11,098 / mo

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

Down payment20% · $399,998
25-yr amortization

Income needed

$341,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$399,998

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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