16 Lepp Drive
Middlefield, Markham
$1,368,000
Welcome to 16 Lepp Drive in Markham's sought-after Middlefield community! This three-year-old home features 9-foot ceilings, extensive upgrades throughout, and nearly 3,000 sq. ft. of living space. Enjoy a spacious, open-concept layout ideal for everyday living and entertaining, complemented by four generously sized bedrooms.The finished basement apartment offers a separate side entrance, two bedrooms, a full bathroom, its own laundry, and a kitchen, with potential rental income of up to $2,000 per month.Situated in a quiet neighbourhood, this home offers convenient access to restaurants, grocery stores, Costco, Home Depot, Markville Mall, Highway 407, and Aaniin Community Centre. An exceptional opportunity to enjoy space, comfort, and convenience in an established Markham community!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,359 |
| Lot Size | 36.12 ft x 91.95 ft |
| mls© Number | N13852526 |
| Listed By | SUPERSTARS REALTY LTD. |
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%
- $7,002
- Property tax
- $530
- Heat allowance
- $150
- Housing costs
- $7,682 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$236,000
gross annual household income
- Payment at 4%
- $5,757 / mo
- Cash down
- $273,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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