$1,588,000

For sale

8 Simsbury Court, Markham (Milliken Mills West) - Single Family for Sale

8 Simsbury Court, Markham (Milliken Mills West), Ontario, L3R3G7

7 beds6 baths7 parking2,250 ft²38 × 131 ft (5,008 sq ft) lot sizeListed 51 days ago

Overview

This 7-bedroom, 6-bathroom home in Markham is for sale offering roughly 2,250 sq ft of space. It has been on the market 51 days, fresher than the Markham average of 86 days.

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Description

Offer Anytime. A turnkey powerhouse and rare investment gem in the heart of Markham! Completely transformed with over $350K in top-to-bottom renovations (2024), this expansive 3,346 sq. ft. 5-level backsplit offers exceptional multi-generational flexibility and unmatched rental income potential-fully renovated with official City Building Permits (2024) and Fire Department safety approvals (2024) for ultimate peace of mind and code-compliant quality! The thoughtfully designed layout features 1+1 modern kitchens (2024) with brand-new stainless steel appliances (2024) plus an entertainer's bar (2024); the upper levels boast 4 spacious bedrooms, each complete with its own private ensuite bathroom (2024), closet, and window, while the separate-entrance lower level houses an additional 3-bedroom suite with its own kitchen (2024) and living area. Extensively upgraded throughout, including a new roof (2024), skylight (2024), windows (2024), complete luxury flooring (2024), designer pot lights (2024), all custom bathrooms (2024), and an upgraded 200-amp electrical panel (2024), while the exterior showcases an oversized double garage and a newly interlocked extra-long driveway (2024) accommodating 7+ vehicles. Perfectly positioned in a high-demand AAA rental hub just steps to TTC and YRT transit, top-ranked public & Catholic schools, parks, T&T Supermarket, Shoppers Drug Mart, banks, and dining, this exceptional, permit-approved masterpiece (2024) is truly an opportunity not to be missed! (id:66096)

Property Details

MLS®: N13781606
Property Type: Single Family
Zoning: R9
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 6
Half Baths: 1
Parking: 7
Interior Size: 2,250 ft²
Lot Size: 38 × 131 ft (5,008 sq ft)
Frontage: 38 ft
Basement: Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $6,366/yr

Rooms

Main level

Living room: 4.54 x 3.25 meters
Dining room: 3.47 x 3.45 meters
Kitchen: 4.56 x 3.48 meters
Bedroom: 2.51 x 3.47 meters

Lower level

Bedroom: 3.41 x 2.82 meters
Bedroom 2: 3.41 x 3.12 meters
Bedroom: 3.8 x 3.01 meters

Basement

Bedroom: 2.22 x 3.83 meters
Bedroom: 2.41 x 2.72 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan, Garage door opener remote(s)
Flooring: Hardwood, Laminate, Porcelain Tile
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Markham (Milliken Mills West) listings, avg age

86d

Price / ft²

$706

List price

$1.59M

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.

Haho

This 7-bed single family in Markham (Milliken Mills West) has been listed for 51 days, which is 35 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RE/MAX EXCEL REALTY LTD. · ERIC LIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $1,588,000, about 17.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $310,192 (20% down, 25-yr amortization, stress-tested) — roughly 234% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$1,588,000· $706/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $317,600

Min 20%50%

Mortgage payment$6,772/mo

Property tax (est.)$531/mo

Total monthly$7,303

Cash Needed to Close

Down payment (20%)$317,600

Land transfer tax$28,235

Est. closing costs$7,264

Total cash needed$353,099

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