118 Wales Avenue, Markham (Old Markham Village), Ontario, L3P3K2

For sale

27 days ago

$540K

118 Wales Avenue, Markham (Old Markham Village), Ontario, L3P3K2

3 bd2 ba1 pk1,100 ft²+$499/mo

Listed by RE/MAX CROSSROADS REALTY INC.

#3 36 Albert Street, Markham (Old Markham Village), Ontario, L3P2T5

For sale

49 days ago

$899K

#3 36 Albert Street, Markham (Old Markham Village), Ontario, L3P2T5

3 bd3 ba2 pk1,900 ft²+$365/mo

Listed by REAL BROKER ONTARIO LTD.

124 Wales Avenue, Markham (Old Markham Village), Ontario, L3P3K2

For sale

55 days ago

$699K

124 Wales Avenue, Markham (Old Markham Village), Ontario, L3P3K2

3 bd2 ba1 pk1,300 ft²+$592/mo

Listed by SUTTON GROUP-HERITAGE REALTY INC.

Investment analysis

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$728,000

Markham

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$728,000

For sale

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23 Marmill Way, Markham (Old Markham Village) - Single Family for Sale

23 Marmill Way, Markham (Old Markham Village), Ontario, L3P7V6

3 beds2 baths2 parking1,500 ft²$703/mo condo feeListed 14 days ago

Overview

This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 1,500 sq ft of space. Its $728,000 asking price sits right in line with the $728,000 median in Markham. It has been on the market 14 days, fresher than the Markham average of 104 days.

Condos for Sale in Markham →All real estate in Markham →

Description

Welcome to 23 Marmill Way in the sought-after community of Old Markham Village! This 1,410 sq. ft. end-unit townhome features 3 bedrooms and 2 bathrooms, offering comfortable living space for families, first-time buyers or downsizers. The bright and spacious second floor boasts an open-concept layout with walkout to a private backyard complete with patio and storage shed. Freshly painted throughout, this home is move-in ready, with the added benefit of a newer air conditioner (2022). Experience the charm of historic Markham Village, with its quaint Main Street shops, local restaurants and welcoming community atmosphere. Conveniently located near schools, parks and public transit and steps to Markham GO Station. A wonderful opportunity to enjoy comfortable living, outdoor space and the convenience of an established Markham neighbourhood! (id:66096)

Property Details

MLS®: N14101480
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $703/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Family room: 4.9 x 3.96 meters

Second level

Living room: 5.18 x 3.96 meters
Dining room: 5.18 x 3.96 meters
Kitchen: 3.05 x 2.74 meters
Eating area: 3.35 x 2.13 meters

Third level

Primary Bedroom: 4.57 x 3.05 meters
Bedroom 2: 2.74 x 2.44 meters
Bedroom 3: 3.05 x 2.74 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Garage door opener, Garage door opener remote(s)
Flooring: Tile, Hardwood
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Markham (Old Markham Village) listings, avg age

104d

Price / ft²

$485

List price

$728K

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 (Old Markham Village) has been listed for 14 days, which is 90 days fresher than the city average of 104. Act while there is still low competition.

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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD. · WAYNE CLEMENTS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3P)

This home lists at $728,000, about 6.3× the local median household income of $115,000.

Carrying it typically needs a household income of about $142,204 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$728,000· $485/ft²

For sale

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Full Cost Breakdown

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Down Payment6.57% · $47,800

Min 6.57%50%

Mortgage payment$3,771/mo

↳ CMHC premium ($27,208 capitalized)

Property tax (est.)$264/mo

Condo fee$703/mo

Total monthly$4,739

Cash Needed to Close

Down payment (6.57%)$47,800

Land transfer tax$11,035

Est. closing costs$4,684

Total cash needed$63,519

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