$945,000

For sale

1 Holloway Road, Markham (Cedarwood) - Single Family for Sale

1 Holloway Road, Markham (Cedarwood), Ontario, L3S4P4

4 beds4 baths3 parking1,750 ft²Listed 34 days ago

Overview

This 4-bedroom, 4-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $945,000, it is attractively priced about 5% below the $999,900 median asking price in Markham. It has been on the market 34 days, fresher than the Markham average of 48 days.

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Description

Welcome to this bright and inviting 3+1 bedroom, 4-bathroom corner-lot home in one of Markham's most desirable communities. Drenched in natural light from windows on multiple sides, this cozy yet spacious home offers a functional layout that flows effortlessly for both everyday living and entertaining. The open-concept main floor features generous living and dining spaces, while upstairs you'll find 3 well-sized bedrooms, including a primary suite with an ensuite bath. A finished basement with a separate entrance, additional bedroom, and full bathroom offers excellent potential for an in-law suite or multi-generational living. Complete with a built-in garage and private driveway, this home is ideally located close to top-rated schools, parks, shopping, Costco, Walmart, Home Depot, and Highways 401 and 407. A fantastic opportunity to own a light-filled family home with great bones, endless potential, and the chance to add your own style and vision in a highly sought-after neighbourhood. (id:66096)

Property Details

MLS®: N13847584
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Frontage: 20 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,357.19/yr
Listed: 34 days ago

Rooms

Main level

Living room: 6.3 x 2.8 meters
Dining room
Kitchen: 5.4 x 3.5 meters

Second level

Primary Bedroom: 5.2 x 3.1 meters
Bedroom 2: 2.1 x 3.1 meters
Bedroom 3: 4 x 3.1 meters

Basement

Kitchen: 3.1 x 3.1 meters
Bedroom 4: 4 x 3 meters
Recreational, Games room

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dishwasher, Dryer, Two stoves, Window Coverings, Garage door opener, Two Refrigerators
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Brick
Lot Features: Irregular lot size, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Markham (Cedarwood) listings, avg age

48d

Price / ft²

$540

List price

$945K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Markham (Cedarwood) has been listed for 34 days, which is 14 days fresher than the city average of 48. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · TORI NGUYEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3S)

This home lists at $945,000, about 8.9× the local median household income of $106,000.

Carrying it typically needs a household income of about $184,592 (20% down, 25-yr amortization, stress-tested) — roughly 74% above the area median.

Median household income: $106,000
Population: 55,403
Median age: 39.6
Owner / renter: 83% / 17%
Avg. household size: 3.7

Source: Statistics Canada, 2021 Census (FSA L3S)

$945,000· $540/ft²

For sale

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Full Cost Breakdown

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Down Payment7.35% · $69,500

Min 7.35%50%

Mortgage payment$4,854/mo

↳ CMHC premium ($35,020 capitalized)

Property tax (est.)$363/mo

Total monthly$5,217

Cash Needed to Close

Down payment (7.35%)$69,500

Land transfer tax$15,375

Est. closing costs$5,335

Total cash needed$90,210

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