$1,298,000 - 14 Colborne Street, Markham
Detached for Sale in Markham
41 days on marketNeighbourhood: Thornhill
- MLS Number
- N13560114
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Lot Size
- 5,635 sqft
- Listing Brokerage
- KELLER WILLIAMS REALTY CENTRES
For those drawn to the uncommon and inspired by history, art, and homes with soul, the Red Cottage offers something truly extraordinary. More than a residence, it is a living connection to Thornhill's storied past. A place where heritage, creativity, and individuality intersect.Nestled within Thornhill's treasured heritage district, this enchanting home is surrounded by tree-lined streets, picket fences, and lovingly preserved century residences that reflect a village dating back to the late 1700s. Once home to artists and landscapes that inspired members of the Group of Seven, Thornhill continues to attract those who value authenticity and the beauty of a life less ordinary.The Red Cottage itself seamlessly blends cozy heritage charm with thoughtful modern updates, creating warm and inviting spaces that honour its history while embracing contemporary living. Far removed from the predictable and cookie-cutter, this is a rare opportunity for buyers with a quirky sensibility and an appreciation for character, craftsmanship, and timeless design. Its versatile layout welcomes a variety of lifestyles, offering two bedrooms and a bathroom on the upper level, complemented by a main-floor bedroom and bathroom, as well as a flexible den ideal for welcoming guests, working from home, or creating the artist's studio you have always imagined.This is more than home ownership, it is an invitation to become part of Thornhill's living history, to embrace a community shaped by generations, and to enjoy a home as unique as those who will cherish it. Don't simply admire the past, live in it, celebrate it, and make it your own.
Estimate your monthly payments for this property
Estimated Payment
$5,741.49/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Thornhill
Thornhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Thornhill
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Thornhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
14 Colborne Street, Markham
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $865/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
About Thornhill
I know Thornhill well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,408 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.