$1,590,000

For sale

42 Fred Valley Drive, Markham (Unionville) - Single Family for Sale

42 Fred Valley Drive, Markham (Unionville), Ontario, L3R1S3

4 beds3 baths6 parking1,300 ft²50 × 125 ft (6,250 sq ft) lot sizeListed 16 days ago

Overview

This 4-bedroom, 3-bathroom home in Markham is for sale offering roughly 1,300 sq ft of space. Listed at $1,590,000, it is attractively priced about 9% below the $1,750,000 median asking price in Markham. It has been on the market 16 days, fresher than the Markham average of 63 days.

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Description

Best Location of Unionville! Charming Updated Stone Front Solid Bungalow on a 50 Ft Frontage Good Size Private Fenced Lot Backing Onto An Open Field. Main Level Features A Custom Designed Gourmet Kitchen, Opened Concept L- Shaped Living And Dining, 3 Good Size Bedrooms On And The Primary Room Comes With A 3 Piece Ensuite Bathroom. Thoughtful And Functional Designed, Professionally Finished Full Basement Offers An Extended Entertaining & Living Space Includes A Dedicated Theatre With Sound Proofed Wall And Built In Speakers. Loaded With Pot lights And Speakers On Smooth Ceilings. Side Entrance Exit To Outdoor Hottub With Hydraulic Cover. Unbeatable location , Short Walk To The Popular Historical Unionville Main Street Where You Can Find Cafes, Restaurants And Unique Retail Shops, Seasonal Events, Library, Art Gallery, Togood Pond And Rouges Valley Trails! This Home Is Modernized And Equipped With Smart Home Technology & Automations. Perfect Option For Downsizing, Small Families. Great Potential For Future Rebuilt. Please Refer To The Property Feature Sheet Attached To The Listing For Details Of All Other Features and Extras (id:66096)

Property Details

MLS®: N14095238
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 50 × 125 ft (6,250 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $8,159.59/yr

Rooms

Main level

Living room: 5.22 x 3.6 meters
Dining room: 3.04 x 3.13 meters
Kitchen: 5.34 x 3.18 meters
Primary Bedroom: 3.61 x 4.18 meters
Bedroom 2: 2.79 x 3.81 meters
Bedroom 3: 3.6 x 2.93 meters
Foyer: 1.66 x 1.95 meters

Lower level

Recreational, Games room: 3.96 x 3.92 meters
Laundry room: 3.36 x 7 meters
Family room: 7.23 x 3.31 meters

Features

Appliances: Washer, Refrigerator, Water softener, Gas stove(s), Dishwasher, Dryer, Humidifier, Blinds, Window Coverings, Water Heater
Flooring: Tile, Hardwood, Carpeted
Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Markham (Unionville) listings, avg age

63d

Price / ft²

$1,223

List price

$1.59M

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 (Unionville) has been listed for 16 days, which is 47 days fresher than the city average of 63. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · PEGGY K.M. CHEUNG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $1,590,000, about 17.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $310,583 (20% down, 25-yr amortization, stress-tested) — roughly 234% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$1,590,000· $1,223/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $318,000

Min 20%50%

Mortgage payment$6,781/mo

Property tax (est.)$680/mo

Total monthly$7,461

Cash Needed to Close

Down payment (20%)$318,000

Land transfer tax$28,275

Est. closing costs$7,270

Total cash needed$353,545

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