2 Hikers Lane, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cornell. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,475,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 45.28 x 82.02 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity Corner Lot W/ "COACH HOUSE FOR POTENTIAL INCOME" Wrapped Around Porch W/ "PARK VIEW" Setting, Spacious, Very Functional Design In Very Quite Neighbourhood. This Very Well Maintained First Owner House Offers Den/Office Room, Computer Nook On 2nd Floor, "WORK FROM HOME", Large Separate Family Room, Large Dining Room Perfect For Entertaining. Freshly Painted Thru-Out, 2023 Roof, No Carpet Flooring, California Shutters, Minutes To Top Rated Schools, Transit, Cornell Community Centre, Markham Stouffville Hospital.
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Accessory Apartment
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Pricing & Value Insights
Data-driven valuation for 2 Hikers Lane, Markham, ON L6B 0K3
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About Purchasing a Home in Markham, ON
For a property listed at $1,475,000 in Markham, the legal minimum down payment is $295,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,975 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.