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Milliken Mills West, Markham
$1,399,000
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!
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,366 |
| Lot Size | 38.15 ft x 131.06 ft |
| mls© Number | N13781606 |
| Listed By | RE/MAX EXCEL REALTY LTD. |
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%
- $7,161
- Property tax
- $531
- Heat allowance
- $150
- Housing costs
- $7,841 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$241,000
gross annual household income
- Payment at 4%
- $5,887 / mo
- Cash down
- $279,800
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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