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Box Grove, Markham
$1,799,000
Rare Opportunity! luxury basement Suit (2 full bathrooms) market rent could be $2500 and could be used for mortgage qualifications. Welcome to this stunning full-brick Arista-built Lavenham Model, perfectly situated on a premium corner lot. Meticulously maintained and extensively upgraded with approximately $150,000 invested in interior and exterior improvements, this exceptional home offers the perfect blend of luxury, functionality, and income potential. Featuring 4 spacious bedrooms on the second floor, 3 additional bedrooms in the professionally finished basement, and 6 bathrooms, this home is ideal for large or multi-generational families. Step into the impressive 18-foot grand foyer open to above, creating a bright and elegant first impression. The sun-filled open-concept main floor showcases hardwood flooring, pot lights, and expansive living and dining spaces designed for both comfortable family living and effortless entertaining. A unique second-floor office overlooks the home's interior and surrounding streetscape, providing an inspiring work-from-home environment. The newly finished basement, complete with a separate entrance (2020), offers 3 bedrooms, a full bathroom, and outstanding potential for rental income or an in-law suite. Enjoy peace of mind with numerous major updates, including the roof (2022), furnace (2020), hot water tank (2020), and more-all owned. The premium backyard provides an ideal setting for family gatherings, outdoor entertaining, and everyday enjoyment. Conveniently located near multiple GO Stations, Highway 407, top-rated David Suzuki Public School, hospitals, Walmart, Longo's, medical centers, parks, and a wide range of amenities. A rare combination of size, thoughtful design, extensive upgrades, income potential, and prime location-this exceptional home is truly a must-see.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $7,800 |
| Lot Size | 49.92 ft x 92.92 ft |
| mls© Number | N13429650 |
| Listed By | BAY STREET GROUP INC. |
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%
- $9,208
- Property tax
- $650
- Heat allowance
- $150
- Housing costs
- $10,008 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$308,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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