9 Wales Avenue, Markham

Price: $1,688,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13500200

Unlock the potential ! This charming property offers an incredible opportunity for Investors , Builders or Buyers looking to create their dream home or move in as is , where is .This 1 1/2 Storey detached house currently features 4 bedrooms , 2 bathrooms , situated on a very large Lot in very desirable Old Markham Village ( not a heritage home) on 61 x 223 feet irregular lot with approved Permit and drawings for a modern design home of 4278 square feet . Design feature based on addition of second story , 2 + Tandem car garage , Elevator , 10 feet high ceiling on main floor , 9 feet in basement and8 feet on second floor , Surrounded by multi-million dollars homes . Close to shops , restaurants , and Go - Station . Buyer's due diligence for measurements etc. The project is shovel ready . Please call the Listing agent for Permit Details and Design etc.

9 Wales Avenue - Detached photo 1 of 1 in Markham, Ontario
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$1,688,000 - 9 Wales Avenue, Markham

Detached for Sale in Markham

Popular Listing

Neighbourhood: Old Markham Village

4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13500200
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
CENTURY 21 INNOVATIVE REALTY INC.
Description

Unlock the potential ! This charming property offers an incredible opportunity for Investors , Builders or Buyers looking to create their dream home or move in as is , where is .This 1 1/2 Storey detached house currently features 4 bedrooms , 2 bathrooms , situated on a very large Lot in very desirable Old Markham Village ( not a heritage home) on 61 x 223 feet irregular lot with approved Permit and drawings for a modern design home of 4278 square feet . Design feature based on addition of second story , 2 + Tandem car garage , Elevator , 10 feet high ceiling on main floor , 9 feet in basement and8 feet on second floor , Surrounded by multi-million dollars homes . Close to shops , restaurants , and Go - Station . Buyer's due diligence for measurements etc. The project is shovel ready . Please call the Listing agent for Permit Details and Design etc.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,466.59/mo

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5-yr fixed avg.

Principal: $1,350,400Interest: $889,578
Mortgage Amount$1,350,400
Total Interest$889,578
Est. Property Tax$1,196/mo
Total Cost$2,239,978

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: Old Markham Village

Discover Old Markham Village

Old Markham Village 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 Old Markham Village

  • 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

Old Markham Village 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

9 Wales Avenue, 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)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,196
Insurance (est.)-$352
Net Cash Flow+$1,652

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 $1125/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.

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 Old Markham Village

I know Old Markham Village 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 $7,033 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    9 Wales Avenue, Markham | $1,688,000 | Battaglia Team