$826,540

For sale

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142 Mumbai Drive, Markham (Middlefield) - Single Family for Sale

142 Mumbai Drive, Markham (Middlefield), Ontario, L3S3K5

3 beds baths

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4 bd3 ba3 pk1,750 ft²Lot size 22 × 139 ft (3,102 sq ft)

Listed by HOMELIFE LANDMARK REALTY INC.

19 Kruger Road, Markham (Middlefield), Ontario, L3S3X1

For sale

8 days ago

$1.29M

19 Kruger Road, Markham (Middlefield), Ontario, L3S3X1

6 bd5 ba6 pk2,250 ft²Lot size 30 × 105 ft (3,164 sq ft)

Listed by RE/MAX ACE REALTY INC.

26 Yarl Drive, Markham (Middlefield), Ontario, L3S0G5

For sale

22 days ago

$1.29M

26 Yarl Drive, Markham (Middlefield), Ontario, L3S0G5

3 bd4 ba2 pk1,750 ft²Lot size 20 × 92 ft (1,838 sq ft)

Listed by REAL ONE REALTY INC.

41 Robert Eaton Avenue, Markham (Middlefield), Ontario, L3S0G3

For sale

26 days ago

$1.20M

41 Robert Eaton Avenue, Markham (Middlefield), Ontario, L3S0G3

4 bd5 ba2 pk2,250 ft²Lot size 32 × 73 ft (2,348 sq ft)

Listed by CHESTNUT PARK REAL ESTATE LIMITED

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$826,540

Markham

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Overview

This 3-bedroom, 3-bathroom home in Markham is for sale offering roughly 1,300 sq ft of space. Listed at $826,540, it is attractively priced about 31% below the $1,199,000 median asking price in Markham. It has been on the market 42 days, fresher than the Markham average of 61 days.

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Description

Welcome to Brand-New Freehold Luxury Traditional 2-Storey Townhome with a backyard. The Townhouse is Being Built By a Reputable Builder Remington Homes. Superior Architecturally Designed Elevation with Brick, Stucco, Stone and Stone Accents. ARNICA MODEL 1417 sq.ft. as per Builder's plans PLUS 274 SQ.FT. OF FINISHED BASEMENT (REC ROOM AND 3 PIECE WASHROOM). The Unit is under construction and can only be viewed on the exterior. Includes Complete Central Air-Conditioning. THE PRICE LISTED IS NET OF HST REBATE. 9' ceilings on Ground and Second Floors. Natural Oak hardwood on the Main Floor. Quality Custom Crafted kitchen cabinets. Extra height Kitchen Cabinets plus Kitchen Island . Granite Counters in Kitchen and washrooms. Freestanding Tub in Primary Ensuite. Concrete Block party wall Above Grade separating Living Units. Smart Future Ready Home Wiring Package. This Subdivision is close to Aaniin Community Centre, Schools, Major Highways, Transit Routes, 2,000km Nature Trails, Golf Clubs. Purchasers to go to the Design Studio and choose their colors and finishes. The closing is approximately 6-months. (id:66096)

Property Details

MLS®: N13820996
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 20 × 100 ft (2,000 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Listed: 42 days ago

Rooms

Ground level

Great room: 5.15 x 2.68 meters
Other: 2.44 x 1.84 meters
Kitchen: 3.93 x 2.6 meters

Second level

Primary Bedroom: 4.45 x 3.35 meters
Bedroom 2: 3.2 x 1.83 meters
Bedroom 3: 2.8 x 2.68 meters

Basement

Recreational, Games room: 5.58 x 3.47 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

42d

Markham (Middlefield) listings, avg age

61d

Price / ft²

$636

List price

$827K

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 (L3S)

This home lists at $826,540, about 7.8× the local median household income of $106,000.

Carrying it typically needs a household income of about $161,452 (20% down, 25-yr amortization, stress-tested) — roughly 52% 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)

$826,540· $636/ft²

For sale

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Full Cost Breakdown

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Down Payment6.98% · $57,654

Min 6.98%50%

Mortgage payment$4,263/mo

↳ CMHC premium ($30,755 capitalized)

Est. property tax$0/mo

Total monthly$4,263

Cash Needed to Close

Down payment (6.98%)$57,654

Land transfer tax$13,006

Est. closing costs$4,980

Total cash needed$75,640

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142 Mumbai Drive, Markham (Middlefield) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (L3S)

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