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$2,399,999
Markham
4914 14th Avenue, Markham (Milliken Mills East), Ontario, L3S3K7
This 4-bedroom, 3-bathroom home in Markham is for sale offering roughly 2,250 sq ft of space.
Exceptional Redevelopment Opportunity in Markham Rare Premium Lot on 14th Ave! Whether you're a builder looking to create a new housing development or an investor seeking to capitalize on Markham's real estate market, this is the opportunity you've been waiting for. Offering a stunning 100-foot frontage by 284-foot depth, this flat, premium lot spans approximately 28,180 sqft (~0.65 acres) in one of the most sought-after corridors in the region. Surrounded by upscale neighbourhoods and estate homes, the possibilities here are endless, envision a grand custom luxury residence complete with a circular driveway, 3-car garage, indoor pool, and private backyard oasis, or explore multi-generational living and potential lot severance opportunities. For builders and developers, potential uses include a custom luxury build, multi-unit redevelopment, or lot severance (buyer to verify with municipality), with the purchase of the neighbouring lot. Ideally situated with easy access to major transportation routes, top-rated schools, shopping plazas, dining, transit, Markville Mall, and community centres, everything your future residents or tenants could ask for is minutes away. Opportunities of this caliber rarely come to market. Don't miss your chance to secure this one-of-a-kind asset. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 54 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed single family in Markham (Milliken Mills East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,399,999, about 22.6× the local median household income of $106,000.
Carrying it typically needs a household income of about $468,804 (20% down, 25-yr amortization, stress-tested) — roughly 342% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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