11 Backus Court, Markham, ON L3P 6V6
For Sale
17 days on Market
MLS® N12918064
1 / 9
Overview
Active
Don't miss this rare opportunity to develop a prime 73' x 67' lot in the City of Markham community of Old Markham Village / Raymerville. Perfect location for all builders, developers and end users too! This is an exceptional investment opportunity. This vacant lot offers the potential for future detached 2 storey homes or 2+ storey Triplex utilizing maximum height allowance, buyer due diligence is required for planned development. Further opportunity potential to apply to the City of Markham for approval to sever the property. Conveniently located within walking distance to highly popular Markham Main Street, where you can enjoy quaint shops, numerous restaurants and community events and celebrations. Walking distance to GO Train offers commuters easy access to Downtown. This property comes with site plan approval and concept drawings available for building 2 detached homes. It is essential that buyers conduct their own due diligence regarding future development and services of the property. Now is the time to secure your investment in the thriving City of Markham and this prime location, a rare opportunity for the savvy investor in Prestigious Old Markham Village / Raymerville Community. Just Minutes to All Amenities and Go Transit!!
Lot Size
0.1 acres
Type
Vacant Land
Property Details
Year BuiltNot Disclosed
CityMarkham
Postal CodeL3P6V6
Lot Dimensions73.14 × 67.01 ft
Utilities & Services
Heat SourceWell
SewerSeptic Tank
11 Backus Court, Markham, ON L3P 6V6
Purchase Calculator
$789,000.00
$165,690.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
Insured Prefer
💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.
🛠️ Maintenance
⚡ Utilities etc.
Total Monthly Cost
⚙️
0
/month
Principal & interest
Home expenses
Other expenses
Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
11 Backus Court, Markham, ON L3P 6V6
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