$1,350,000

For sale

114 Main Street, Markham (Unionville) - Single Family for Sale

114 Main Street, Markham (Unionville), Ontario, L3R2G2

3 beds2 baths10 parking2,250 ft²58 × 140 ft (8,137 sq ft) lot sizeListed 9 days ago

Overview

This 3-bedroom, 2-bathroom home in Markham is for sale offering roughly 2,250 sq ft of space. Listed at $1,350,000, it is attractively priced about 23% below the $1,750,000 median asking price in Markham. It has been on the market 9 days, fresher than the Markham average of 63 days.

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Description

Proudly presenting 114 Main Street Unionville and an opportunity to own and embrace a part of quaint Unionville's history. This charming home is perfectly situated on a premium, beautifully landscaped lot and is ideally located in the heart of old Unionville. You will be welcomed by an inviting covered front porch where you can enjoy watching the world go by or retreat to a backyard oasis enjoying stunning perennial gardens from the spacious deck. This home is a perfect blend of authentic old world charm and modern convenience. Bring you ideas and creative license while viewing the attic, possibly a primary bedroom retreat. The garage hosts a spacious loft offering an opportunity to create a secondary living space, a studio or many other possibilities. 114 is within walking distance to highly ranked elementary and secondary schools and Markham's York University campus as well as the many walking trails, restaurants and shops. Incredible value and opportunity. (id:66096)

Property Details

MLS®: N14118704
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 10
Interior Size: 2,250 ft²
Lot Size: 58 × 140 ft (8,137 sq ft)
Frontage: 58 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,200/yr

Rooms

Ground level

Living room: 4.2 x 3.8 meters
Dining room: 4 x 4.5 meters
Kitchen: 5.5 x 3.65 meters
Family room: 7 x 4 meters

Second level

Primary Bedroom: 4.75 x 3.65 meters
Bedroom 2: 4.5 x 2.75 meters

Basement

Bedroom 3: 6.7 x 3.35 meters

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

Features

Appliances: Refrigerator, Central Vacuum, Gas stove(s), Dishwasher, Blinds, Garage door opener
Flooring: Tile, Hardwood, Carpeted
Foundation: Stone, Poured Concrete
Exterior: Wood
Lot Features: Conservation/green belt, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Unionville) listings, avg age

63d

Price / ft²

$600

List price

$1.35M

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 3-bed single family in Markham (Unionville) has been listed for 9 days, which is 54 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX ALL-STARS REALTY INC. · ROBIN P. TINNEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $1,350,000, about 14.5× the local median household income of $93,000.

Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 184% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$1,350,000· $600/ft²

For sale

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Full Cost Breakdown

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Down Payment8.15% · $110,000.00

Min 8.15%50%

Mortgage payment$6,875/mo

↳ CMHC premium ($49,600 capitalized)

Property tax (est.)$600/mo

Total monthly$7,475

Cash Needed to Close

Down payment (8.15%)$110,000

Land transfer tax$23,475

Est. closing costs$6,550

Total cash needed$140,025

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