$799,000

For sale

55 Jackson Eli Way, Markham (Cedarwood) - Single Family for Sale

55 Jackson Eli Way, Markham (Cedarwood), Ontario, L3S0C4

3 beds3 baths2 parking1,750 ft²$80/mo condo feeListed 26 days ago

Overview

This 3-bedroom, 3-bathroom condo in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $799,000, it is attractively priced about 20% below the $999,000 median asking price in Markham. It has been on the market 26 days, fresher than the Markham average of 47 days.

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Description

Welcome to this beautifully maintained, sun-filled home in the highly sought-after Markham and Steeles community! This charming residence features an inviting open-concept layout with 9-foot ceilings on the main floor, complemented by elegant hardwood flooring in the living and dining areas. The separate family room offers a lovely view of the backyard, creating the perfect space for relaxing and entertaining. The modern kitchen is equipped with stainless steel appliances and a stylish backsplash, combining functionality with contemporary appeal. The spacious primary bedroom features a luxurious 4-piece ensuite, offering comfort and privacy. Move-in ready and ideally located close to schools, parks, shopping, and public transit, this home is an excellent opportunity for families and professionals alike. Don't miss your chance to make this wonderful home yours! (id:66096)

Property Details

MLS®: N13882504
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 24 × 91 ft (2,182 sq ft)
Frontage: 23 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $80/mo
Fee Includes: Parcel of Tied Land

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Brick
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Markham (Cedarwood) listings, avg age

47d

Price / ft²

$457

List price

$799K

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 (Cedarwood) has been listed for 26 days, which is 21 days fresher than the city average of 47. Act while there is still low competition.

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Listed by HOMELIFE/FUTURE REALTY INC. · KRISH SIVAPATHAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3S)

This home lists at $799,000, about 7.5× the local median household income of $106,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.

Median household income: $106,000
Population: 55,403
Median age: 39.6
Owner / renter: 83% / 17%
Avg. household size: 3.7

Source: Statistics Canada, 2021 Census (FSA L3S)

$799,000· $457/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$388/mo

Condo fee$80/mo

Total monthly$4,593

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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