$2,038,800

For sale

108 Roy Rainey Avenue, Markham (Wismer) - Single Family for Sale

108 Roy Rainey Avenue, Markham (Wismer), Ontario, L6E1G1

4 beds5 baths4 parking3,250 ft²40 × 92 ft (3,676 sq ft) lot sizeListed 40 days ago

Overview

This 4-bedroom, 5-bathroom home in Markham is for sale offering roughly 3,250 sq ft of space. It has been on the market 40 days, fresher than the Markham average of 46 days.

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Description

New Construction Luxury Double Garage Detached Home in Markham's Prestigious Wismer Community!Featuring a beautifully selected exterior façade, this exceptional home offers approximately 10' ceilings on the main floor and 9' ceilings on the second floor and basement, creating an impressive sense of space and elegance.All bedrooms feature private ensuites, offering comfort and privacy for every family member. The main floor features a sunken laundry room, while 6" engineered hardwood flooring and smooth ceilings throughout add a sophisticated, contemporary finish.The luxurious primary ensuite includes a freestanding soaker tub. Additional premium features include 200-amp electrical service, full set of kitchen appliances, and ceiling-height kitchen cabinets with soft-close doors at no additional cost. Tankless Water Heater Is Owned, Not Monthly Rental Payment From Pocket. A rare opportunity to own a thoughtfully designed luxury detached home in Wismer, Markham, combining upscale finishes, functional design and exceptional family living.The current property Tax Bill Based On the Land Value Only. (id:66096)

Property Details

MLS®: N13829432
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 4
Interior Size: 3,250 ft²
Lot Size: 40 × 92 ft (3,676 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,783.13/yr
Listed

Rooms

Ground level

Living room: 3.69 x 6.1 meters
Dining room: 4.45 x 5.82 meters
Family room: 5.27 x 5.33 meters

Second level

Primary Bedroom: 4.88 x 5.3 meters
Bedroom 2: 4.02 x 2.77 meters
Bedroom 3: 3.35 x 4.85 meters
Bedroom 4: 3.69 x 4.91 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Markham (Wismer) listings, avg age

46d

Price / ft²

$627

List price

$2.04M

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 (Wismer) has been listed for 40 days, which is 6 days fresher than the city average of 46. Act while there is still low competition.

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Listed by HOME ONE REALTY INC. · KING CHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6E)

This home lists at $2,038,800, about 17.7× the local median household income of $115,000.

Carrying it typically needs a household income of about $398,249 (20% down, 25-yr amortization, stress-tested) — roughly 246% above the area median.

Median household income: $115,000
Population: 38,387
Median age: 39.6
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L6E)

$2,038,800· $627/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $407,760

Min 20%50%

Mortgage payment$8,695/mo

Property tax (est.)$232/mo

Total monthly$8,927

Cash Needed to Close

Down payment (20%)$407,760

Land transfer tax$37,445

Est. closing costs$8,616

Total cash needed$453,821

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