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Devil's Elbow, Markham
$3,900,000
Rare 1.596-acre property** offering endless potential for homeowners, builders, and investors alike. If you're looking for privacy and a peaceful connection to nature without sacrificing convenience, this is the perfect opportunity. The existing home features a bright **open-concept layout**, **wood flooring throughout**, and a warm, cottage-inspired atmosphere. Enjoy the serenity of country-style living while remaining just **minutes from major highways, shopping, schools, and all essential amenities**. An exceptional property with outstanding future potential.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $13,957 |
| Lot Size | 230.24 ft x 477.45 ft |
| mls© Number | N13626708 |
| Listed By | RE/MAX REALTRON REALTY INC. |
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%
- $19,962
- Property tax
- $1,163
- Heat allowance
- $150
- Housing costs
- $21,275 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$655,000
gross annual household income
- Payment at 4%
- $16,412 / mo
- Cash down
- $780,000
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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