$1,280,000

$1,398,000For salePrice drop↓ $118,000 (8%)

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7 Tufo Avenue, Markham (Victoria Square) - Single Family for Sale

7 Tufo Avenue, Markham (Victoria Square), Ontario, L6C0H8

4 beds4 baths parking

17 Hammersmith Lane, Markham (Victoria Square), Ontario, L6C0Z5

4 bd4 ba4 pk2,250 ft²Lot size 19 × 76 ft (1,444 sq ft)

Listed by CENTURY 21 ATRIA REALTY INC.

15 Zeng Cheng Drive, Markham (Victoria Square), Ontario, L6C0T6

For sale

13 days ago

$999K

15 Zeng Cheng Drive, Markham (Victoria Square), Ontario, L6C0T6

5 bd4 ba2 pk2,250 ft²Lot size 26 × 89 ft (2,330 sq ft)

Listed by RE/MAX EXCEL REALTY LTD.

82 Prince Of Wales Drive, Markham (Victoria Square), Ontario, L6C0K2

For sale

14 days ago

$1.95M

82 Prince Of Wales Drive, Markham (Victoria Square), Ontario, L6C0K2

6 bd6 ba4 pk3,250 ft²Lot size 38 × 95 ft (3,627 sq ft)

Listed by BAY STREET GROUP INC.

10961 Victoria Square Boulevard, Markham (Victoria Square), Ontario, L6C1J5

For sale

19 days ago

$1.80M

10961 Victoria Square Boulevard, Markham (Victoria Square), Ontario, L6C1J5

4 bd3 ba4 pk3,250 ft²

Listed by ROYAL LEPAGE RCR REALTY

Investment analysis

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$1,280,000

Markham

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Description

Welcome to this bright, spacious, and beautifully kept home in a quiet, family-friendly Markham neighborhood. Featuring a professionally designed open-concept layout with Surround Sound prewiring, this home is perfect for both everyday living and entertaining. The elegant double-door entrance leads to a generous primary bedroom complete with a luxurious 5-piece en-suite and walk-in closet. Enjoy a modern kitchen, sun-filled living spaces, and a private backyard. Close to top-rated schools, parks, shopping, and transit this is the home you've been waiting for! (id:66096)

Property Details

MLS®: N13742778
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 30 × 89 ft (2,661 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,187/yr
Listed: 62 days ago

Rooms

Main level

Living room: 6.09 x 4.42 meters
Dining room: 6.09 x 4.42 meters
Family room: 2.9 x 2.9 meters
Kitchen: 2.9 x 3.4 meters
Eating area: 4.88 x 3.81 meters

Second level

Primary Bedroom: 4.88 x 3.66 meters
Bedroom 2: 3.35 x 3.05 meters
Bedroom 3: 3.35 x 4.42 meters
Bedroom 4: 3.71 x 2.95 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

62d

Markham (Victoria Square) listings, avg age

47d

Price / ft²

$569

List price

$1.28M

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 (L6C)

This home lists at $1,280,000, about 10.8× the local median household income of $118,000.

Carrying it typically needs a household income of about $250,029 (20% down, 25-yr amortization, stress-tested) — roughly 112% above the area median.

Median household income: $118,000
Population: 51,738
Median age: 41.2
Owner / renter: 86% / 14%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L6C)

$1,280,000· $569/ft²

For sale

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Full Cost Breakdown

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Down Payment8.05% · $103,000

Min 8.05%50%

Mortgage payment$6,525/mo

↳ CMHC premium ($47,080 capitalized)

Property tax (est.)$516/mo

Total monthly$7,041

Cash Needed to Close

Down payment (8.05%)$103,000

Land transfer tax$22,075

Est. closing costs$6,340

Total cash needed$131,415

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7 Tufo Avenue, Markham (Victoria Square) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L6C)

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Full Cost Breakdown