42 Peter Street, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Old Markham Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,999,990 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 5 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 55.07 x 128.86 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Victorian-inspired exterior, luxurious modern-contemporary interior in Old Markham Village. fully renovated (2022-2023), and Designed by Iman, known for timeless, elevated interiors. Features incl soaring high ceilings, cathedral ceilings in the primary suite and library, new oak hardwood floors, custom millwork, and elegant fixtures throughout. Chefs kitchen(2022) includes premium JennAir appliances (gas range, built-in fridge, dishwasher), waterfall island, and hidden pull-out cabinetry. Living room, elegant lighting, is perfect for entertaining. Family room offers custom arched built-ins and a sleek porcelain gas fireplace for relaxed gatherings. Primary retreat boasts a cathedral ceiling, bay window, custom walk-in closet, and French doors leading to a spa-inspired 5-piece ensuite. Library features a soaring cathedral ceiling, flooding natural light, and custom arched bookcases, creating a serene environment for work or reflection. 2nd floor incl 4 spacious bedrooms with custom feature walls and 3 beautifully appointed bathrooms. Finished basement has a separate entrance. It also offers a cozy rec room centered around a porcelain gas fireplace, dining area, 1 bedroom, gym, with wet bar ,wine rack, laundry, and ample storage. The property features a long driveway, private backyard with a large deck, and detached 2 car garage , EV charger. Tankless water heater(owned) and railing at the front porch will be replaced as per the City of Markham requirement (outside the house) and 5-min walk to Markham GO Station, 40-min commute to Union Station, walking distance to Main Street shops, restaurants, parks, top-ranking schools. Min to 407.
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Property Summary
This detached home located at 42 Peter Street, Markham is currently for sale and has been available on SousaSells for 8 days. This property is listed at $1,999,990 with an estimated mortgage of $6,657* per month. It has 5 beds, 5 bathrooms, and is 3000-3500 square feet. 42 Peter Street, Markham is in the Old Markham Village neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Old Markham Village, Markham.
- •5 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Old Markham Village, Markham.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 42 Peter Street, Markham, ON
Q.What is the asking price for 42 Peter Street, Markham, ON ?
The current listing price for 42 Peter Street, Markham, ON in Old Markham Village, Markham is $1,999,990.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 5 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 42 Peter Street, Markham, ON ?
42 Peter Street, Markham, ON is a Detached (2-Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 42 Peter Street, Markham, ON L3P 2A6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $1,999,990 in Markham, the legal minimum down payment is $399,998 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 $36,475 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 $36,475.
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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.