$499,000
Markham
49 Main St. South Unionville, Markham (Unionville), Ontario, L3P1L2
** Motivated Seller ** Calling all builders and investors! Don't miss this exceptional opportunity to acquire a prime lot in a highly sought-after neighbourhood. This fully serviced lot offers the potential for a future detached 2-storey/3-storey home/tiny home and is conveniently located just steps away from the charm of Historic Main Street, where you can enjoy shops, galleries, and dining options. Stroll to the scenic Toogood Pond, and easily access the GO Train, York University, and Downtown Markham.The lot comes with site plan approval for building a detached home, subject to the extension of Richard Maynard Cres. Once the extension is approved and connected to the north end of the existing street, the easement will be removed. It's essential that buyers conduct their own due diligence. Secure your investment in this thriving area today! Land Info Package Available Under Attachments. **Please note that the planning department stated that the land adjacent to 49 Main Street needs to be developed before the road can be built. It is up to the owner of the land to build this road. There is an extra cost of approx. $300k on top** (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 63 days across the listings currently for sale in this city
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.
This vacant land in Markham (Unionville) has been listed for 62 days, which is 1 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 4.3× the local median household income of $115,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L3P)
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