$1,088,000

For sale

19 Backus Court, Markham (Raymerville) - Single Family for Sale

19 Backus Court, Markham (Raymerville), Ontario, L3P6V6

4 beds3 baths3 parking1,750 ft²28 × 121 ft (3,326 sq ft) lot sizeListed 34 days ago

Overview

This 4-bedroom, 3-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $1,088,000, it is attractively priced about 14% below the $1,269,999 median asking price in Markham. It has been on the market 34 days, fresher than the Markham average of 79 days.

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Description

Premium Lot Backing To Ravine W/Walking Trails.Sitting in the heart of Markham village. well kept family home on a decent lot with spacious interior layout. Hard wood floor on main & upper floor. fully finished one bedroom apartment in basement with separate entrance in backyard. ideal for potential rental income or in -law suite. lots of storage. yard with extra privacy with 2 level deck to the beautiful ravine, situated on a quiet cul-de-sac 2 min walk to Go train. The area is well known for its excellent school districts, with access to top rated public and Catholic schools. Transportation is highly convenient with easy access to Highway 7, McCowan Road, Nearby Highway 407 and York region Transit and walking distance to Go Transit. Residents enjoy close proximity to CF Markham mall, super markets, restaurants and daily amenities, Markham is recognizes as one of the safest city in GTA and this neighbourhood is valued for its quiet streets, friendly neighbours and strong community atmosphere. (id:66096)

Property Details

MLS®: N13849456
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 28 × 121 ft (3,326 sq ft)
Frontage: 28 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan, Water Heater
Foundation: Brick
Exterior: Brick Facing

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Markham (Raymerville) listings, avg age

79d

Price / ft²

$622

List price

$1.09M

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 (Raymerville) has been listed for 34 days, which is 45 days fresher than the city average of 79. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · ZAHRA G RASEKH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3P)

This home lists at $1,088,000, about 9.5× the local median household income of $115,000.

Carrying it typically needs a household income of about $212,524 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income: $115,000
Population: 37,336
Median age: 47.2
Owner / renter: 85% / 15%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3P)

$1,088,000· $622/ft²

For sale

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Full Cost Breakdown

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Down Payment7.70% · $83,800

Min 7.70%50%

Mortgage payment$5,567/mo

↳ CMHC premium ($40,168 capitalized)

Property tax (est.)$413/mo

Total monthly$5,980

Cash Needed to Close

Down payment (7.70%)$83,800

Land transfer tax$18,235

Est. closing costs$5,764

Total cash needed$107,799

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