62 Peter Street, Markham, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Old Markham Village. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,399,000 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 66 x 133.62 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity in the Heart of Markham! Nestled on a quiet, family-friendly street, this well-maintained bungalow sits on a premium 66 x 134 ft mature lot in one of Markham's most sought-after neighbourhoods. Surrounded by numerous luxury custom-built homes and charming heritage properties, this is one of the few remaining oversized lots offering exceptional potential to live in, renovate, invest, or build your dream home. The home features a fully renovated basement complete with a kitchen and full bathroom, making it ideal as an in-law suite or for extended family. Enjoy an oversized driveway with no sidewalk, a spacious private backyard with mature trees, and a peaceful setting perfect for families. Conveniently located within walking distance to Historic Main Street Markham, parks, shopping, restaurants, public transit, and everyday amenities, with just minutes to Markham Stouffville Hospital, Markville Mall, GO Transit, and major highways. A truly rare offering combining location, lifestyle, and future redevelopment potential.
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Property Summary
This detached home located at 62 Peter Street, Markham is currently for sale and has been available on SousaSells for 13 days. This property is listed at $1,399,000 with an estimated mortgage of $4,657* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 62 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 3 bathrooms, this home offers ample space and comfort for growing families in Old Markham Village, Markham.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 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
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 62 Peter Street, Markham, ON
Q.What is the asking price for 62 Peter Street, Markham, ON ?
The current listing price for 62 Peter Street, Markham, ON in Old Markham Village, Markham is $1,399,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 62 Peter Street, Markham, ON ?
62 Peter Street, Markham, ON is a Detached (Bungalow) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 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 62 Peter Street, Markham, ON L3P 2A6
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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 $1,399,000 in Markham, the legal minimum down payment is $279,800 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 $24,455 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 $24,455.
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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.