All photos · 10

Raymerville

11 Backus Court, Markham, ON L3P 6V6

$789,000

Beds

0

Baths

0

Type

Freehold

About this home

Don't miss this rare opportunity to develop a prime 73' x 67' lot in the City of Markham community of Old Markham Village / Raymerville. Perfect location for all builders, developers and end users too! This is an exceptional investment opportunity. This vacant lot offers the potential for future detached 2 storey homes - concept drawings are available or 2+ storey Triplex utilizing maximum height allowance, buyer due diligence is required for planned development. Further opportunity potential to apply to the City of Markham for approval to sever the property. Conveniently located within walking distance to highly popular Markham Main Street, where you can enjoy quaint shops, numerous restaurants and community events and celebrations. Walking distance to GO Train offers commuters easy access to Downtown. It is essential that buyers conduct their own due diligence regarding future development and services of the property. Now is the time to secure your investment in the thriving City of Markham and this prime location, a rare opportunity for the savvy investor in Prestigious Old Markham Village / Raymerville Community. Just Minutes to All Amenities and Go Transit!!

What it could cost monthly

Estimated monthly

$3,613

Principal & interest, per month


Mortgage amount
$631,200
Down payment
$157,800
Total interest paid
$452,735

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

CENTURY 21 LEADING EDGE REALTY INC.

Each office independently owned and operated.