$2,698,000 - 23 Princess Street, Markham
Detached for Sale in Markham
New — Listed 4 days agoNeighbourhood: Vinegar Hill
- MLS Number
- N13519554
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM
Nestled on a quiet, secluded street just steps from Historic Main Street Markham, this custom-built 4,022 sqft home offers an exceptional blend of luxury, privacy, and convenience, complimented by seasonal views of Milne Dam and the Rouge River. Showcasing impressive architectural details including a soaring 29' vaulted ceiling, 10' ceilings, 8' main floor doors, crown moulding, upgraded trim, travertine flooring, and hardwood throughout principal living spaces. Designed for both everyday living and entertaining, the home offers elegant living and dining rooms, a sun-filled family room with built-in speakers, a private main floor office, and a gourmet eat-in kitchen with granite countertops, premium built-in stainless steel appliances, heated floors, custom pantry storage, servery, and walkout to the backyard. The primary suite serves as a private retreat with two walk-in closets, a walkout to a sun-soaked deck, and a luxurious spa-inspired ensuite with heated travertine floors, clawfoot tub, and separate shower. Three additional upper-level bedrooms each enjoy access to a private full bathroom, while a second office with balcony and an upper-level laundry room add further functionality. The finished walkout basement extends the living space with two additional bedrooms, two full bathrooms, a steam room, heated floors, gym area, recreation room, and abundant storage. The resort-style backyard is an entertainer's dream, featuring an inground heated pool, hot tub, waterfall feature, expansive deck with pergola, and dedicated outdoor dining area. Ideally located within walking distance to boutique shops, restaurants, cafés, pubs, the Markham Village Community Centre, arena, and library, with direct access to Milne Park Conservation Area trails and quick connections to Hwy 407 and Hwy 404 for convenient travel throughout the GTA.
Estimate your monthly payments for this property
Estimated Payment
$11,934.16/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 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
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.
23 Princess Street, Markham
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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
Competitive Pricing
At $771/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 6 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.