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86 MORGAN AVENUE, Markham (Thornhill) — listed at $1,299,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 86 Morgan Avenue, a beautifully maintained detached home in the heart of Thornhill, offering the perfect balance of comfort, opportunity, and long-term value. Set on a rare 50 x130 ft pool-sized lot, this property delivers exceptional outdoor space for entertaining, gardening, or future expansion. Inside, the home features a bright and functional 3+3 bedroom, 3-bathroom layout, ideal for growing families or multi-generational living. The main level showcases a recently upgraded kitchen with brand-new countertops and high-end stainless steel appliances (2023), along with updated windows (2023) and a new A/C system (2025), ensuring modern comfort throughout. A major highlight is the fully finished LEGAL basement apartment, registered with the City of Markham, offering excellent income potential or private space for extended family. The property also presents outstanding future development opportunities, including the potential to build a custom 2-3 storey home or explore a semi-detached redevelopment option (buyer to verify). Located in a highly desirable Thornhill pocket, residents enjoy access to top-ranked schools including Thornlea Secondary School, E.J. Sand Public School, and nearby private and French immersion options. Lifestyle amenities are just minutes away with local favourites such as Bayview Village Shopping Centre, Vaughan Mills, cafés along Yonge Street, and parks like Dufferin Clark Conservation Area. The area is also positioned for strong future growth with the upcoming Yonge North Subway Extension, bringing new transit connectivity to Richmond Hill and beyond. A rare opportunity to own a versatile property in one of Thornhill's most established and evolving communities-perfect for end-users, investors, and builders alike. MOTIVATED SELLER! (id:60164)
What's the parking situation?+
This property includes 4 spaces — Detached Garage, Garage.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Markham (Thornhill) before counting on it.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,323.51, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 86 MORGAN AVENUE a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office.
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