+ 24 photos43 Colchester Street, Markham, ON L6B 1K4
About this home
Exceptional Income-Generating Detached Home with Coach House in Prestigious Cornell, Markham! A rare investment opportunity offering multiple income-generating possibilities. This beautifully maintained detached home features a fully self-contained coach house, ideal for homeowners seeking strong rental income, a valuable mortgage helper, multigenerational living, or flexible dual-living arrangements. Situated on a premium lot with parking for 3 vehicles (double garage + 1 driveway), this remarkable property offers approximately 2,000 sq. ft. (Main +Coach) living space, plus additional income potential from the coach house and future basement development.The property features 9-ft ceilings, a bright open-concept layout, elegant finishes, and spacious living and dining areas centered around a cozy fireplace. Enjoy a large front porch veranda and a professionally designed 3-tier deck with interlocking brick patio and gas BBQ hookup at the backyard for entertainment and gatherings. Offering 4 spacious bedrooms and 4 bathrooms (3 in main house, 1 in coach house), this home is ideal for growing families. Additional highlights include a large cold cellar with unfinished basement, ready for future customization. With minor modifications, the existing separate entrance can provide private basement access, creating potential for an additional income-producing suite.The fully self-contained coach house features its own private entrance, kitchen, bathroom, laundry, and separate living space-perfect for extended family/ for stable income generation. Projected rental income of approximately $1,700-$1,800/month makes it an excellent mortgage helper.Includes a full set of appliances for both the main house and coach house. Ideally located near top-ranking schools, parks, trails, Markham Stouffville Hospital, Cornell Community Centre, Mount Joy GO Station, and Highway 407. An excellent opportunity of investment with remarkable returns.
Property details
Full details
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Ground | 5.19 × 3.02 | Hardwood Floor, Open Concept, Combined w/Dining |
| Dining Room | Ground | 5.19 × 3.02 | Hardwood Floor, Open Concept, Combined w/Dining |
| Kitchen | Ground | 5.56 × 3.07 | Eat-in Kitchen, Ceramic Floor, W/O To Deck |
| Family Room | Ground | 5.2 × 4.19 | Hardwood Floor, Fireplace, Bow Window |
| Primary Bedroom | Second | 4.64 × 4.49 | Walk-In Closet(s), Ensuite Bath, B/I Shelves |
| Bedroom 2 | Second | 3.27 × 3.27 | Semi Ensuite, Walk-In Closet(s), B/I Shelves |
| Bedroom 3 | Second | 3.12 × 3.12 | Semi Ensuite, Double Closet, B/I Shelves |
| Living Room | Second | 3.75 × 3.03 | Open Concept, Hardwood Floor, Large Window |
| Kitchen | Second | 2.96 × 2.28 | Open Concept, Ceramic Floor, B/I Appliances |
| Bedroom | Second | 2.92 × 2.96 | Ensuite Bath, Hardwood Floor, Combined w/Laundry |
| Laundry | Second | 1.6 × 1.75 | Ceramic Floor, Separate Room |
Property & sold history
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