$656,000

For sale

34 Stately Way, Markham (Royal Orchard) - Single Family for Sale

34 Stately Way, Markham (Royal Orchard), Ontario, L3T3Z8

3 beds2 baths2 parking1,500 ft²$791/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 1,500 sq ft of space. It has been on the market 13 days, fresher than the Markham average of 55 days.

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Description

Discover this bright and spacious south-facing 3-bedroom townhome in the desirable Royal Orchard community of Markham. Well-maintained and thoughtfully designed for comfortable family living, this inviting home features a functional layout, direct access to the attached garage, and a family room with a walkout to a lovely, peaceful patio overlooking beautiful greenspace. Residents also benefit from convenient community amenities, including a park and basketball court. Ideally located just steps from top-rated schools, public transit, direct bus to Finch subway and shopping, and only minutes from Highway 7 and Highway 407, this home offers an exceptional combination of comfort, privacy, and convenience. Don't miss this wonderful opportunity to make this beautiful townhome your new home! Some images have been virtually staged. (id:66096)

Property Details

MLS®: N14108352
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: 2
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $791/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Living room: 4.56 x 3.31 meters
Dining room: 3.53 x 2.77 meters
Kitchen: 2.8 x 2.75 meters

Second level

Primary Bedroom: 4.57 x 3 meters
Bedroom 2: 3.91 x 2.72 meters
Bedroom 3: 3.51 x 2.54 meters

Ground level

Family room: 5.65 x 3.32 meters

In between

Foyer: 3.49 x 1.24 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, Window Coverings, Garage door opener
Flooring: Hardwood, Parquet, Ceramic
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Markham (Royal Orchard) listings, avg age

55d

Price / ft²

$437

List price

$656K

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 (Royal Orchard) has been listed for 13 days, which is 42 days fresher than the city average of 55. Act while there is still low competition.

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Listed by AIMHOME REALTY INC. · JADE LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $656,000, about 6.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $128,140 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $95,000
Population: 50,405
Median age: 47.2
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3T)

$656,000· $437/ft²

For sale

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Full Cost Breakdown

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Down Payment6.19% · $40,600.00

Min 6.19%50%

Mortgage payment$3,412/mo

↳ CMHC premium ($24,616 capitalized)

Property tax (est.)$280/mo

Condo fee$791/mo

Total monthly$4,483

Cash Needed to Close

Down payment (6.19%)$40,600

Land transfer tax$9,595

Est. closing costs$4,468

Total cash needed$54,663

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