$1,650,000

For sale

40 Foundry Crescent East, Markham (Raymerville) - Single Family for Sale

40 Foundry Crescent East, Markham (Raymerville), Ontario, L3P6W4

7 beds4 baths6 parking2,750 ft²53 × 118 ft (6,225 sq ft) lot sizeListed 14 days ago

Overview

This 7-bedroom, 4-bathroom home in Markham is for sale offering roughly 2,750 sq ft of space. It has been on the market 14 days, fresher than the Markham average of 78 days.

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Description

Excellent Location! Beautifully Renovated Detached Home On A Premium 52.78' x 117.89' Lot In The Highly Sought-After Raymerville Community! Double-Car Garage & Over 3,000 Sq.Ft. Of Living Space. Bright & Spacious Interior Featuring Smooth Ceilings & Pot Lights Throughout, Plus Central Vacuum System Throughout The Home. Upgraded Kitchen With Custom Cabinetry, Quartz Countertops, Brand-New Floor Tiles & Stainless Steel Appliances. Spacious Primary Bedroom On The Second Floor Featuring A Walk-In Closet & Luxurious 5-Pc Ensuite. Professionally Finished Basement Offers 3 Additional Bedrooms, A Washroom, New Flooring, Fresh Paint & Pot Lights-Ideal For Extended Family. Newly Installed Furnace; Roof & A/C Unit Less Than 5 Years Old. Exterior Features A Widened All-Brick Driveway. Prime Location Close To Top-Ranked Schools, Parks, Trails, GO Station, Markville Mall, Shopping, Grocery Stores & Restaurants. A Must-See Home-Don't Miss This Rare Opportunity! (id:66096)

Property Details

MLS®: N14104548
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 53 × 118 ft (6,225 sq ft)
Frontage: 53 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Living room: 5.4 x 3.65 meters
Dining room: 4.27 x 3.63 meters
Kitchen: 7.2 x 3.65 meters
Family room: 6 x 3.65 meters

Second level

Primary Bedroom: 8.92 x 3.63 meters
Bedroom 2: 4.27 x 3.35 meters
Bedroom 3: 4.39 x 3.35 meters
Bedroom 4: 3.86 x 3.05 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, Central Vacuum, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Tile, Hardwood, Laminate, Parquet
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Markham (Raymerville) listings, avg age

78d

Price / ft²

$600

List price

$1.65M

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 7-bed single family in Markham (Raymerville) has been listed for 14 days, which is 64 days fresher than the city average of 78. Act while there is still low competition.

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Listed by NEWGEN REALTY EXPERTS · REET BABRAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3P)

This home lists at $1,650,000, about 14.3× the local median household income of $115,000.

Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 180% 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)

$1,650,000· $600/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $330,000

Min 20%50%

Mortgage payment$7,037/mo

Property tax (est.)$527/mo

Total monthly$7,564

Cash Needed to Close

Down payment (20%)$330,000

Land transfer tax$29,475

Est. closing costs$7,450

Total cash needed$366,925

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