$699,000

For sale

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1 Maple Park Way, Markham (Milliken Mills West) - Single Family for Sale

1 Maple Park Way, Markham (Milliken Mills West), Ontario, L6G1C5

4 beds3 baths2 parking ft²

11 Maple Park Way, Markham (Milliken Mills West), Ontario, L6G1C5

4 bd3 ba2 pk1,500 ft²+$258/mo

Listed by EXP REALTY

Investment analysis

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$699,000

Markham

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Overview

This 4-bedroom, 3-bathroom condo in Markham is for sale offering roughly 1,300 sq ft of space. Listed at $699,000, it is attractively priced about 9% below the $768,000 median asking price in Markham. It has been on the market 28 days, fresher than the Markham average of 86 days.

Condos for Sale in Markham →All real estate in Markham →

Description

Corner Unit With Lots Of Natural Light And Wrap Around Short Deck; 2 Entrances; Close To Shopping, Pacific Mall, Go Station; Bright & Spacious W/9' Ceiling On Main Level; Original 3 Bedrooms Converted To 2 Good Size Bedrooms, Can Be Easily Converted Back; Finished Lower Level With 3Pc Ensuite From Garage Can Be Used As 4th Bedroom. Steps to Shopping Plaza & Public Transit,Pacific mall. Close to Park, School & Supermarket. Mins Drive to Go Train Station & 407, High Ranking Schools: Milliken mills public School , Milliken mills high school.Hot water tank owned. Roof(2023) (id:66096)

Property Details

MLS®: N13874730
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Storeys: 3
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $258/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,525.87/yr
Listed: 28 days ago

Rooms

Second level

Living room: 5.73 x 3.05 meters
Dining room: 4.34 x 2.9 meters
Kitchen: 3.05 x 2.74 meters

Third level

Primary Bedroom: 4.12 x 3.3 meters
Bedroom 2: 3.2 x 2.4 meters

Lower level

Bedroom 3: 5.74 x 2.57 meters

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

Market Timing

Days on market

28d

Markham (Milliken Mills West) listings, avg age

86d

Price / ft²

$538

List price

$699K

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.

Area context

Neighbourhood profile (L6G)

This home lists at $699,000, about 11.4× the local median household income of $61,200.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.

Median household income: $61,200
Population: 8,364
Median age: 35.2
Owner / renter: 54% / 46%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L6G)

$699,000· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$294/mo

Condo fee$258/mo

Total monthly$4,178

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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1 Maple Park Way, Markham (Milliken Mills West) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L6G)

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