



311 Helen Avenue
Village Green-South Unionville, Markham
$3,795,000
Perfect Residential Infill Redevelopment Opportunity for Townhouse or Single Family Homes. +202 ft Frontage and backing onto municipal parkland. The property is located in the attractive South Unionville neighborhood featuring in-demand schools and abundant park spaces. Markham official plan allows for Singles, Semi-detached, Townhouse or small multi-plex built form. Property may be combined with 313 Helen Ave to create +400 ft frontage and 1.33 acres in area allowing for substantial infill opportunity. *(Legal Description continued) PART 1, 65R33761 SAVE AND EXCEPT PTS 1 & 3, 65R34549 CITY OF MARKHAM
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $10,560 |
| Lot Size | 202.94 ft x 143.78 ft |
| mls© Number | N13424448 |
| Listed By | CUSHMAN & WAKEFIELD |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $19,425
- Property tax
- $880
- Heat allowance
- $150
- Housing costs
- $20,454 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$629,000
gross annual household income
- Payment at 4%
- $15,970 / mo
- Cash down
- $759,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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