21 Princess Street, Markham

Price: $1,488,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13759118

Gorgeous Family Home Set On A Large Premium 70' X 141' Lot, Ideally Situated On A Quiet, Sought-After Street Overlooking The Conservation Area. Experience The Rare Combination Of Country Living In The City, With Direct Access To Scenic Trails For Walking, Running & Hiking, Plus Fishing & Kayaking On Milne Lake. This One-Of-A-Kind Home Offers Elegant Formal Principal Rooms & An Impressive Array Of Upgrades, Including Custom Built-Ins, Crown Mouldings, Hardwood Flooring, Pot Lights & More. The Chef-Inspired Kitchen Features Stainless Steel Appliances, Granite Countertops & A Convenient Pantry. Step Outside To Your Own Private Backyard Paradise, Complete With A Spacious Deck, Patio, Beautiful Gardens & Hot Tub-Perfect For Relaxing & Entertaining. Primary Bedroom Includes A Rough-In For A Bathroom, Offering Excellent Potential For Future Enhancement. A Truly Rare Opportunity To Enjoy Privacy, Nature & Exceptional Family Living In The Heart Of Markham!

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$1,488,000 - 21 Princess Street, Markham

Detached for Sale in Markham

Neighbourhood: Vinegar Hill

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
N13759118
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Taxes (2025)
$6,527
Listing Brokerage
ANJIA REALTY
Description

Gorgeous Family Home Set On A Large Premium 70' X 141' Lot, Ideally Situated On A Quiet, Sought-After Street Overlooking The Conservation Area. Experience The Rare Combination Of Country Living In The City, With Direct Access To Scenic Trails For Walking, Running & Hiking, Plus Fishing & Kayaking On Milne Lake. This One-Of-A-Kind Home Offers Elegant Formal Principal Rooms & An Impressive Array Of Upgrades, Including Custom Built-Ins, Crown Mouldings, Hardwood Flooring, Pot Lights & More. The Chef-Inspired Kitchen Features Stainless Steel Appliances, Granite Countertops & A Convenient Pantry. Step Outside To Your Own Private Backyard Paradise, Complete With A Spacious Deck, Patio, Beautiful Gardens & Hot Tub-Perfect For Relaxing & Entertaining. Primary Bedroom Includes A Rough-In For A Bathroom, Offering Excellent Potential For Future Enhancement. A Truly Rare Opportunity To Enjoy Privacy, Nature & Exceptional Family Living In The Heart Of Markham!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,581.93/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,190,400Interest: $784,178
Mortgage Amount$1,190,400
Total Interest$784,178
Est. Property Tax$1,054/mo
Total Cost$1,974,578

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.

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Neighbourhood Guide: Vinegar Hill

Discover Vinegar Hill

Vinegar Hill 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 Vinegar Hill

  • •Convenient location in Markham
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Vinegar Hill 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.

70
Walk Score
Varies
Price Range

21 Princess Street, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,054
Insurance (est.)-$310
Net Cash Flow+$1,836

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $992/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 28 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Vinegar Hill

I know Vinegar Hill 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.

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    21 Princess Street, Markham | $1,488,000 | Battaglia Team