$999,000

For sale

15 Zeng Cheng Drive, Markham (Victoria Square) - Single Family for Sale

15 Zeng Cheng Drive, Markham (Victoria Square), Ontario, L6C0T6

5 beds4 baths2 parking2,250 ft²26 × 89 ft (2,330 sq ft) lot sizeListed 13 days ago

Overview

This 5-bedroom, 4-bathroom home in Markham is for sale offering roughly 2,250 sq ft of space. It has been on the market 13 days, fresher than the Markham average of 46 days.

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Description

Spacious Open Concept and Upgraded Semi-Detached Home in Prime Markham Location! Stunning & Bright Two-Storey Home with Open Foyer, Double-Door Entry, 9 ft Smooth Ceilings, Potlights, Upgraded Hardwood Floors and Newer Upgraded Chef's Kitchen w/ Large Quartz Island, Newer Roof (2023) and Much More!! Open Concept Layout and Walk-out to Large Backyard Deck w/Covered Gazebo. Separate Main Floor Office Space. Professionally Finished Basement w/Recreation Room plus Two Bedrooms. Rare Energy Efficient Home w/Many Energy Savings features including Carrier Heat Pump (2022), Hybrid Water Heater Tank (2022) and 7.02 kW Solar Array Panels (2023) installed on South Facing Roof that provides Very Low Energy Costs and Potential Monthly Credits to homeowner. Feng Shui Certified by World Renowned Geomancer Master Paul Ng. Conveniently Located beside Highway 404, Costco, Schools, Parks, Shopping and Amenities. A Fantastic Opportunity to own a Spacious, Upgraded Family Home in a Desirable Markham Community! (id:66096)

Property Details

MLS®: N14109292
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 26 × 89 ft (2,330 sq ft)
Frontage: 26 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Great room: 7.37 x 6.34 meters
Dining room: 7.37 x 6.34 meters
Kitchen: 7.37 x 6.34 meters
Office: 3 x 3.06 meters

Lower level

Bedroom 5: 1.69 x 2.78 meters
Recreational, Games room: 3.06 x 4.26 meters
Bedroom 4: 3.29 x 3.5 meters

Second level

Primary Bedroom: 6.4 x 4.4 meters
Bedroom 2: 3.17 x 3.33 meters

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Humidifier, Window Coverings, Garage door opener, Garage door opener remote(s), Water Heater
Flooring: Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Markham (Victoria Square) listings, avg age

46d

Price / ft²

$444

List price

$999K

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 5-bed single family in Markham (Victoria Square) has been listed for 13 days, which is 33 days fresher than the city average of 46. Act while there is still low competition.

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Listed by RE/MAX EXCEL REALTY LTD. · DENNIS CHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6C)

This home lists at $999,000, about 8.5× the local median household income of $118,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $118,000
Population: 51,738
Median age: 41.2
Owner / renter: 86% / 14%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L6C)

$999,000· $444/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$484/mo

Total monthly$5,607

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$16,455

Est. closing costs$5,497

Total cash needed$96,852

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