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Featured
New4 days ago

38 Coleluke Lane

Middlefield, Markham

$994,900

Semi-Detached |2-Storey
3 | 4 | 2
About this home

Welcome To 38 Coleluke Lane, An Impeccably Maintained Carpet-Free Semi-Detached Home Located In One Of Markham's Most Desirable Family-Friendly Communities. This Bright And Spacious Home Offers An Exceptional Layout Designed For Modern Living, Featuring A Versatile Second-Floor Family Room That Can Easily Be Converted Into A 4th Bedroom. The Contemporary Kitchen Is Equipped With Stainless Steel Appliances And Overlooks The Inviting Living And Dining Areas, Making It Ideal For Everyday Living And Entertaining. Retreat To The Generous Primary Bedroom Featuring A Walk-In Closet And A Private Ensuite Bathroom. Step Outside To A Fully Fenced Backyard Complete With A Large Deck-Perfect For Summer BBQs, Entertaining Guests, Or Simply Unwinding. Additional Upgrades Include A Water Purification System For Added Comfort And Convenience. Situated In An Unbeatable Location, Just Minutes To Top-Rated Schools, Parks, Costco, Shopping, Restaurants, TTC And YRT Transit, And Major Highways, This Home Offers The Perfect Blend Of Comfort, Style, And Convenience. A Fantastic Opportunity To Own A Move-In-Ready Home In One Of Markham's Most Sought-After Neighbourhoods.The Property Also Includes A Basement Apartment Currently Occupied By A Long-Term, Excellent Tenant Who Has Been Residing There Since 2021. The Tenant Is Willing To Remain, Providing An Attractive Opportunity For Buyers Seeking Rental Income, Or Is Willing To Vacate Should The New Owner Prefer.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. Age6-15
Size1500-2000 sq. ft.
Property Tax$4,545
Lot Size24.61 ft x 95.21 ft
mls© NumberN13629254
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$5,092
Property tax
$379
Heat allowance
$150
Housing costs
$5,621 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $198,980
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$4,187 / mo
Cash down
$198,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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