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Hamza Nouman, REALTOR®
43 Colchester Street — property photo
1 / 67 — Click to enlarge
2.7

43 Colchester Street, Markham

Markham

$1,350,000

Detached4 bed / 4 bath32 DOM~2,250 sqft
Suite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by KELLER WILLIAMS COMPLETE REALTY

Investment Analysis

Key Facts

Type

Detached

Bedrooms

4

Bathrooms

4

Days on Market

32

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,190/mo)

Rent Estimate

Main unit (3 bed)$3,850/mo
Basement suite (1 bed)$1,190/mo
Total Est. Rent$5,040/mo

Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga

Remarks

Exceptional Income-Generating Detached Home with Coach House in Prestigious Cornell, Markham! A rare investment opportunity offering multiple income-generating possibilities. This beautifully maintained detached home features a fully self-contained coach house, ideal for homeowners seeking strong rental income, a valuable mortgage helper, multigenerational living, or flexible dual-living arrangements. Situated on a premium lot with parking for 3 vehicles (double garage + 1 driveway), this remarkable property offers approximately 2,000 sq. ft. (Main +Coach) living space, plus additional income potential from the coach house and future basement development.The property features 9-ft ceilings, a bright open-concept layout, elegant finishes, and spacious living and dining areas centered around a cozy fireplace. Enjoy a large front porch veranda and a professionally designed 3-tier deck with interlocking brick patio and gas BBQ hookup at the backyard for entertainment and gatherings. Offering 4 spacious bedrooms and 4 bathrooms (3 in main house, 1 in coach house), this home is ideal for growing families. Additional highlights include a large cold cellar with unfinished basement, ready for future customization. With minor modifications, the existing separate entrance can provide private basement access, creating potential for an additional income-producing suite.The fully self-contained coach house features its own private entrance, kitchen, bathroom, laundry, and separate living space-perfect for extended family/ for stable income generation. Projected rental income of approximately $1,800/month($ 21,600 Annually) makes it an excellent mortgage helper.Includes a full set of appliances for both the main house and coach house. Ideally located near top-ranking schools, parks, trails, Markham Stouffville Hospital, Cornell Community Centre, Mount Joy GO Station, and Highway 407. An excellent opportunity of investment with remarkable returns.

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