$852,900

For sale

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47 Saigen Lane, Markham (Cedar Grove) - Single Family for Sale

47 Saigen Lane, Markham (Cedar Grove), Ontario, L6B1R2

4 beds3 baths2 parking ft²

65 Carneros Way, Markham (Cedar Grove), Ontario, L6B1R2

3 bd3 ba2 pk1,750 ft²+$146/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

111 Carneros Way, Markham (Cedar Grove), Ontario, L6B1R2

For sale

29 days ago

$895K

111 Carneros Way, Markham (Cedar Grove), Ontario, L6B1R2

4 bd3 ba3 pk1,750 ft²+$145/mo

Listed by ANJIA REALTY

For salePrice drop

43 days ago

$838K$868K

↓ $30K (3%) price drop

65 Carneros Way, Markham (Cedar Grove), Ontario, L6B1R2

3 bd3 ba2 pk1,750 ft²+$146/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$852,900

Markham

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Description

Parkside Living at Its Best in Desirable Box Grove! Bright and Spacious 3-bedroom Townhome offering approx. 1,670 sq. ft. of modern living space. Features 9-ft ceilings on the ground and main floors, large windows, and two private balconies. Ideally located across from a park and playground, and just steps to Walmart, banks, shopping, medical amenities, and more. Convenient access to Hwy 407 and Hwy 7 makes commuting a breeze. A perfect blend of Space, Style, and Location, this exceptional Townhome is an opportunity not to be missed! (id:66096)

Property Details

MLS®: N13874544
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 15 × 83 ft (1,222 sq ft)
Frontage: 15 ft
Storeys: 3
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $146/mo
Fee Includes: Parcel of Tied Land
Ownership: Freehold
Property Tax: $3,640.42/yr
Listed: 27 days ago

Rooms

Main level

Family room: 4.27 x 4.6 meters
Laundry room: 1 x 1 meters

Second level

Living room: 4.29 x 3.41 meters
Kitchen: 4.18 x 3.42 meters
Dining room: 4.29 x 2.72 meters

Third level

Primary Bedroom: 4.29 x 3.17 meters
Bedroom 2: 3.18 x 3.32 meters
Bedroom 3: 3.04 x 3.37 meters

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

Market Timing

Days on market

27d

Markham (Cedar Grove) listings, avg age

26d

Price / ft²

$487

List price

$853K

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.

Area context

Neighbourhood profile (L6B)

This home lists at $852,900, about 7.0× the local median household income of $121,000.

Carrying it typically needs a household income of about $166,601 (20% down, 25-yr amortization, stress-tested) — roughly 38% above the area median.

Median household income: $121,000
Population: 34,763
Median age: 37.2
Owner / renter: 83% / 17%
Avg. household size: 3.4

Source: Statistics Canada, 2021 Census (FSA L6B)

$852,900· $487/ft²

For sale

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Full Cost Breakdown

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Down Payment7.07% · $60,290

Min 7.07%50%

Mortgage payment$4,394/mo

↳ CMHC premium ($31,704 capitalized)

Property tax (est.)$303/mo

Condo fee$146/mo

Total monthly$4,844

Cash Needed to Close

Down payment (7.07%)$60,290

Land transfer tax$13,533

Est. closing costs$5,059

Total cash needed$78,882

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

47 Saigen Lane, Markham (Cedar Grove) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L6B)

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Full Cost Breakdown