$949,000

For sale

511 Caboto Trail, Markham (Village Green-South Unionville) - Single Family for Sale

511 Caboto Trail, Markham (Village Green-South Unionville), Ontario, L3R5S2

3 beds3 baths3 parking1,750 ft²25 × 116 ft (2,841 sq ft) lot sizeListed 35 days ago

Overview

This 3-bedroom, 3-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $949,000, it is attractively priced about 5% below the $998,000 median asking price in Markham. It has been on the market 35 days, fresher than the Markham average of 101 days.

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Description

INCREDIBLE VALUE IN SOUTH UNIONVILLE! An Amazing Opportunity To Own A 3-Bedroom, 3-Bathroom Semi-Detached Home In One Of Markham's Most Sought-After Family-Friendly Communities. Bright, Spacious And Well Maintained With A Functional Layout Designed For Comfortable Everyday Living. South Unionville Park Is Right At Your Doorstep, Offering Beautiful Open Green Space, Kids' Playgrounds, Tennis And Soccer Fields - An Incredible Setting For Families! Enjoy An Enclosed Front Porch, Private Backyard With Garden Shed And An Unfinished Basement Offering Plenty Of Potential For A Recreation Room, Home Gym, Office Or Additional Living Space. Furnace, Air Conditioner And Hot Water Tank Are ALL OWNED - No Monthly Rental Fees! Approximately A 5-Minute Walk To Unionville Meadows Public School And Conveniently Located Close To Shopping, Restaurants, Transit, Parks And Everyday Amenities. A Fantastic Opportunity To Get Into Highly Desirable South Unionville At An Exceptional Price Point. LOCATION, VALUE AND POTENTIAL - DON'T MISS THIS ONE! (id:66096)

Property Details

MLS®: N13846580
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 25 × 116 ft (2,841 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $4,877/yr
Listed: 35 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Hood Fan, Window Coverings, Water Heater
Foundation: Concrete
Exterior: Brick
Lot Features: Ravine

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Markham (Village Green-South Unionville) listings, avg age

101d

Price / ft²

$542

List price

$949K

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 (Village Green-South Unionville) has been listed for 35 days, which is 66 days fresher than the city average of 101. Act while there is still low competition.

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Listed by VALERY REAL ESTATE INC. · CALVIN CUAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $949,000, about 10.2× the local median household income of $93,000.

Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 99% 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)

$949,000· $542/ft²

For sale

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Full Cost Breakdown

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Down Payment7.37% · $69,900

Min 7.37%50%

Mortgage payment$4,874/mo

↳ CMHC premium ($35,164 capitalized)

Property tax (est.)$406/mo

Total monthly$5,280

Cash Needed to Close

Down payment (7.37%)$69,900

Land transfer tax$15,455

Est. closing costs$5,347

Total cash needed$90,702

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