35 Peter Street, Markham, ON

$1,275,000
MLS#:N11946352
3 beds
1 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Old Markham Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,275,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 66 x 132 ft lot
  • Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

35 Peter St., is a true treasure nestled in the vibrant heart of Markham, within the esteemed and historic neighbourhood of Old Markham Village in York Region. AAA Location! GO Station is just few minutes away as well as Shops, Grocery, Restaurants and more. This rarely offered bright and spacious 3 bedroom home has been lovingly cared for over the years by its original owner. With a generous 66 x 132 ft. lot, the property offers a wealth of possibilities and potential. Tons of potential for Builders, with city Approval, possibility to either expand with an addition or start fresh with a custom new build. The spacious basement w/ side entrance is perfect for a separate apartment suite, or simply move in and relish the serene and inviting atmosphere this charming home provides. Welcome Home! **EXTRAS** Fridge, Stove, Washer / Dryer, Existing Window Coverings, Existing Electrical light fixtures.

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Property Summary

This detached home located at 35 Peter Street, Markham is currently for sale and has been available on SousaSells for 530 days. This property is listed at $1,275,000 with an estimated mortgage of $4,244* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 35 Peter Street, Markham is in the Old Markham Village neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 11, 2025
Sold price information is available to members only
Listed Date1/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Unfinished
Lot Size66 × 132 Feet
CountyYork
Annual Tax$5,525.36
Legal DescriptionPL 1105 LT35

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Interior Features

In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

Location

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35 Peter Street, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 35 Peter Street, Markham, ON L3P 2A5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate4.00%
Down Payment$382,500 (30.0%)
* Minimum Canadian down payment required for this price is $255,000.
Amortization Period30 Years
Estimated Monthly Payment$4,244Based on a loan of $892,500 over 30 years.
Purchase Price$1,275,000
Loan Amount$892,500
Provincial Land Transfer Tax:$21,975
Total Estimated Closing Taxes:$21,975

About Purchasing a Home in Markham, ON

For a property listed at $1,275,000 in Markham, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Old Markham Village, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,521,711

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

James Robinson
Public90 Robinson Street, Markham, Ontario, L3P 1N9
6.4
Ramer Wood
Public11 Cairns Drive, Markham, Ontario, L3P 7M8
7.1
Franklin Street
Public21 Franklin Street, Markham, Ontario, L3P 2S7
7.8
Roy H Crosby
Public115 Drakefield Road, Markham, Ontario, L3P 1G9
8.6
Central Park
PublicCentral Park Drive, Unionville, Markham, Ontario, L3P 7G2
9.0

Secondary Schools

Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.