4914 14th Avenue, Markham, ON
Milliken Mills East, Markham · MLS® N13683094
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About this home
In short
- Exceptional Redevelopment Opportunity in Markham Rare Premium Lot on 14th Ave.
- Offering a stunning 100-foot frontage by 284-foot depth, this flat, premium lot spans approximately 28,180 sqft (~0.65 acres) in one of the most sought-after...
- Surrounded by upscale neighbourhoods and estate homes, the possibilities here are endless, envision a grand custom luxury residence complete with a circular driveway...
- For builders and developers, potential uses include a custom luxury build, multi-unit redevelopment, or lot severance (buyer to verify with municipality), with the...
Exceptional Redevelopment Opportunity in Markham Rare Premium Lot on 14th Ave! Whether you're a builder looking to create a new housing development or an investor seeking to capitalize on Markham's real estate market, this is the opportunity you've been waiting for. Offering a stunning 100-foot frontage by 284-foot depth, this flat, premium lot spans approximately 28,180 sqft (~0.65 acres) in one of the most sought-after corridors in the region. Surrounded by upscale neighbourhoods and estate homes, the possibilities here are endless, envision a grand custom luxury residence complete with a circular driveway, 3-car garage, indoor pool, and private backyard oasis, or explore multi-generational living and potential lot severance opportunities. For builders and developers, potential uses include a custom luxury build, multi-unit redevelopment, or lot severance (buyer to verify with municipality), with the purchase of the neighbouring lot. Ideally situated with easy access to major transportation routes, top-rated schools, shopping plazas, dining, transit, Markville Mall, and community centres, everything your future residents or tenants could ask for is minutes away. Opportunities of this caliber rarely come to market. Don't miss your chance to secure this one-of-a-kind asset.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- N13683094
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 100 × 300 ft
- Cross streets
- Mccowan & 14th
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $8,788 / 2026
- Days on market
- 57
- Listing brokerage
- UNION CAPITAL REALTY
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
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Milliken Mills East, Markham, ON
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Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,919,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,616
- Property tax
- $732
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,348
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,475
- Estimated closing costs
- $46,475
Plus your down payment of $480,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $636,960
- Principal paid down
- $234,588
- Interest paid
- $402,372
- Balance remaining
- $1,685,411
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of UNION CAPITAL REALTY. MLS®/PropTx.