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New2 days ago

55 James Edward Drive

Middlefield, Markham

$1,050,000

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to 55 James Edward Drive-a spacious, original-owner home offering over 2,000 sq. ft., four bedrooms, three bathrooms and an exciting opportunity to create a home that truly reflects your style.Generous proportions and a well-established layout provide an excellent foundation, with only cosmetic updating needed to unlock the home's full potential. Upstairs, four spacious bedrooms offer plenty of room to spread out, highlighted by an impressive primary retreat complete with a private 4-piece ensuite. An updated upper-level bathroom adds a welcome modern touch.The unfinished basement presents a true blank canvas, ready to be transformed to suit your needs-whether you envision additional living, recreation or workspace. A two-car garage provides added everyday convenience and storage.Set within Markham's established Middlefield community, the location adds even more appeal. Enjoy nearby James Edward Park with its playground, splash pad and sports fields, convenient access to schools, shopping and public transit, along with the recreational amenities of Aaniin Community Centre & Library. Major routes including McCowan Road and Steeles Avenue are also within easy reach.Lovingly held by its original owner, this is a rare opportunity to take a substantial four-bedroom home with great bones and generous space, add your own finishing touches, and make it entirely your own.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$4,937
Lot Size31.55 ft x 113.21 ft
mls© NumberN13795232
Listed ByEXP 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%
$5,374
Property tax
$411
Heat allowance
$150
Housing costs
$5,936 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$183,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

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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