$1,218,000

For sale

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70 Highland Park Boulevard, Markham (Grandview) - Single Family for Sale

70 Highland Park Boulevard, Markham (Grandview), Ontario, L3T1B5

3 beds1 bath5 parking ft²

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4 bd2 ba6 pk1,300 ft²Lot size 60 × 114 ft (6,887 sq ft)

Listed by ROYAL LEPAGE TERREQUITY REALTY

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For sale

7 days ago

$3.89M

9 Bayview Forest Lane, Markham (Grandview), Ontario, L3T7S4

7 bd7 ba7 pk5,000 ft²Lot size 139 × 170 ft (23,616 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

22 Grandview Avenue, Markham (Grandview), Ontario, L3T1G8

For sale

8 days ago

$2.00M

22 Grandview Avenue, Markham (Grandview), Ontario, L3T1G8

3 bd1 ba4 pk900 ft²Lot size 50 × 125 ft (6,230 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

215 Grandview Avenue, Markham (Grandview), Ontario, L3T1J3

For sale

11 days ago

$1.30M

215 Grandview Avenue, Markham (Grandview), Ontario, L3T1J3

3 bd3 ba6 pk1,750 ft²Lot size 60 × 125 ft (7,500 sq ft)

Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Investment analysis

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$1,218,000

Markham

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Overview

This 3-bedroom, 1-bathroom home in Markham is for sale offering roughly 900 sq ft of space. Listed at $1,218,000, it is attractively priced about 34% below the $1,839,000 median asking price in Markham. It has been on the market 9 days, fresher than the Markham average of 95 days.

Houses for Sale in Markham →All real estate in Markham →

Description

Attention builders, investors and end-users! Rarely offered 50 x 140 ft lot with a solid bungalow, set in a fast-growing pocket surrounded by new custom homes.Live in, rent out, or build your dream home on this generous, level lot. Just minutes to Yonge St, with transit, shops, restaurants, schools and parks close by.Quick access to major highways makes commuting anywhere in the GTA easy.An exceptional opportunity to secure prime land in a high-demand neighbourhood. (id:66096)

Property Details

MLS®: N14118184
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 50 × 140 ft (7,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $7,451/yr
Listed: 9 days ago

Market Timing

Days on market

Markham (Grandview) listings, avg age

95d

Price / ft²

$1,353

List price

$1.22M

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 (L3T)

This home lists at $1,218,000, about 12.8× the local median household income of $95,000.

Carrying it typically needs a household income of about $237,918 (20% down, 25-yr amortization, stress-tested) — roughly 150% above the area median.

Median household income: $95,000
Population: 50,405
Median age: 47.2
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3T)

$1,218,000· $1,353/ft²

For sale

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Full Cost Breakdown

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Down Payment7.95% · $96,800

Min 7.95%50%

Mortgage payment$6,216/mo

↳ CMHC premium ($44,848 capitalized)

Property tax (est.)$621/mo

Total monthly$6,837

Cash Needed to Close

Down payment (7.95%)$96,800

Land transfer tax$20,835

Est. closing costs$6,154

Total cash needed$123,789

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

70 Highland Park Boulevard, Markham (Grandview) - Single Family for Sale

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Neighbourhood profile (L3T)

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