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Listed 19 days ago

245 Fincham Avenue

Markham Village, Markham

$1,380,000

Detached|2-Storey
4 | 3 | 6
About this home

Welcome To 245 Fincham Ave, A Spacious 4-Bedroom Detached Home Offering Over 3,800 Sq. Ft. Of Total Living Space On An Exceptional Approx. 58 X 179 Ft Lot In Sought-After Markham Village. A Grand Double-Door Entrance Opens To A Bright Foyer Highlighted By A Curved Oak Staircase And Skylight. Carpet Free Interior! The Functional Main-Floor Layout Features A Combined Living And Dining Area, Plus A Separate Family Room With A Floor-To-Ceiling Brick Fireplace. The Generous Eat-In Kitchen Offers Ample Cabinetry, A Breakfast Bar And A Sun-Filled Breakfast Area With Walkout To The Covered Patio And Expansive Backyard. Main-Level Laundry And Direct Interior Access To The Double-Car Garage Provide Added Everyday Convenience. Upstairs, The Oversized Primary Bedroom Includes an Office Area, Walk-In Closet And 4-Piece Ensuite, Complemented By Three Additional Well-Proportioned Bedrooms. The Bright, Open-Concept Finished Basement Provides Flexible Space For Recreation, Entertaining, A Home Office Or Extended Family Living, Along With A Bathroom And Dedicated Laundry Area. Complete With A Double-Car Garage, Interlock Driveway, Mature Trees And A Private, Fully Fenced Backyard With Plenty Of Room To Relax, Garden And Entertain. A Wonderful Opportunity To Personalize A Solid Family Home In A Mature, Established Community Close To Parks, Schools, Transit, Markham Stouffville Hospital, Shopping And Main Street Markham. Tenant Occupied; Tenant Is Willing To Stay, Providing An Excellent Opportunity For Investors Or Buyers Seeking Flexibility.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,674
Lot Size49.26 ft x 178.45 ft
mls© NumberN13673068
Listed ByPROPTECH 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%
$7,063
Property tax
$556
Heat allowance
$150
Housing costs
$7,770 / mo

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

Down payment20% · $276,000
25-yr amortization

Income needed

$239,000

gross annual household income

Payment at 4%
$5,807 / mo
Cash down
$276,000

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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