$1,149,999

For sale

73 Cathedral High Street, Markham (Cathedraltown) - Single Family for Sale

73 Cathedral High Street, Markham (Cathedraltown), Ontario, L6C0P1

3 beds4 baths2 parking2,250 ft²$162/mo condo feeListed 55 days ago

Overview

This 3-bedroom, 4-bathroom condo in Markham is for sale offering roughly 2,250 sq ft of space. It has been on the market 55 days, fresher than the Markham average of 80 days.

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Description

**Please Click The Video Tour** Welcome to 73 Cathedral High. A Rarely Offered End Unit Townhouse with Both Residential and Commercial Units. 2,359 Sq. Ft Above Grade. The Commercial Space (Approx. 488 Sq. Ft) Features A Large Open Area With Drywall, Light Fixture and Electrical Outlets Already Installed. There's Also An Oversized 2-Pc Powder Room. This Store Front Has Large Windows on the Front and Side to Allow for Maximum Natural Sunlight. Perfect for An Office, Coffee Shop, Retail, Salon, etc. The Residential Unit Features An Open Concept Layout for Optimal Living With No Wasted Space. The Living and Dining Room Has 4 Large Windows Bringing In Tons of Sunlight. The Dark Hardwood Floors and Gas Fireplace Help Transform the Room into a Cozy Living Space. The Large Modern Kitchen/Breakfast Area Features Quartz Counter tops, Ceramic Floors, And Ample Storage Space. There's Also a Bonus Pantry/Storage Area Below the Staircase. Walkout to a Massive Outdoor Deck for Entertaining Guests. The Primary Bedroom Features a 4 Pc En-suite Bath, Walk-In Closet and a Balcony. Bedrooms 2 and 3 are Spacious with Large Windows and Closets. Conveniently Located Near Top Schools, Parks, Plazas, Restaurants, Shops, Highway 404, etc. This Well Maintained, Move-In Ready Home Is Perfect For Anyone Looking to Start Their Own Business or Someone Looking For Additional Rental Income. (id:66096)

Property Details

MLS®: N13768698
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 22 × 80 ft (1,796 sq ft)
Frontage: 22 ft
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $162/mo
Fee Includes

Rooms

Main level

Living room: 4.63 x 3.47 meters
Dining room: 4.77 x 4.37 meters
Kitchen: 4.77 x 3.7 meters

Upper Level

Primary Bedroom: 4.95 x 3.5 meters
Bedroom 2: 4.57 x 3.26 meters
Bedroom 3: 3.47 x 2.53 meters

Ground level

Office: 6.72 x 5.89 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Flooring: Tile, Hardwood, Carpeted
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Markham (Cathedraltown) listings, avg age

80d

Price / ft²

$511

List price

$1.15M

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 (Cathedraltown) has been listed for 55 days, which is 25 days fresher than the city average of 80. Act while there is still low competition.

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Listed by WORLD CLASS REALTY POINT · ALEC WONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6C)

This home lists at $1,149,999, about 9.7× the local median household income of $118,000.

Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 90% 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)

$1,149,999· $511/ft²

For sale

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Full Cost Breakdown

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Down Payment7.83% · $89,999.90

Min 7.83%50%

Mortgage payment$5,877/mo

↳ CMHC premium ($42,400 capitalized)

Property tax (est.)$610/mo

Condo fee$162/mo

Total monthly$6,649

Cash Needed to Close

Down payment (7.83%)$90,000

Land transfer tax$19,475

Est. closing costs$5,950

Total cash needed$115,425

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