$1,499,000

For sale

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7822 Ninth Line, Markham (Box Grove) - Single Family for Sale

7822 Ninth Line, Markham (Box Grove), Ontario, L6B0G5

3 beds1 bath parking

87 Stonechurch Crescent, Markham (Box Grove), Ontario, L6B0J1

4 bd3 ba5 pk2,750 ft²Lot size 42 × 89 ft (3,721 sq ft)

Listed by REAL ESTATE HOMEWARD

219 Smoothwater Terrace, Markham (Box Grove), Ontario, L6B0M8

For saleJust listed

3 days ago

$1.20M

219 Smoothwater Terrace, Markham (Box Grove), Ontario, L6B0M8

4 bd3 ba4 pk2,250 ft²Lot size 42 × 89 ft (3,725 sq ft)

Listed by HOMELIFE NEW WORLD REALTY INC.

4 Hawkweed Manor, Markham (Box Grove), Ontario, L6B0E3

For sale

19 days ago

$1.27M

4 Hawkweed Manor, Markham (Box Grove), Ontario, L6B0E3

5 bd4 ba5 pk2,750 ft²Lot size 42 × 89 ft (3,752 sq ft)

Listed by FIRST CLASS REALTY INC.

7607 Ninth Line, Markham (Box Grove), Ontario, L6B0M1

For sale

48 days ago

$2.00M

7607 Ninth Line, Markham (Box Grove), Ontario, L6B0M1

6 bd6 ba8 pk3,250 ft²Lot size 40 × 182 ft (7,351 sq ft)

Listed by RE/MAX ACE REALTY INC.

Investment analysis

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$1,499,000

Markham

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Description

LOT 72 X 165 FT! Rare Opportunity To Secure A Premium 72 X 165 Ft Lot And Build Your Dream Home In One Of Markham's Most Desirable Communities! An Exceptional Opportunity For Builders, Investors Or End Users To Create A One-Of-A-Kind Custom Luxury Residence In The Highly Sought-After Box Grove Community Of Markham. Situated In A Quiet Hamlet Surrounded By Multi-Million-Dollar Homes, This Impressive Property Offers Outstanding Potential. Price Includes Full Architectural Drawings And Approved Permits For 6,600+ Sq. Ft. Of Total Living Space With A 3-Car Garage. The Existing Home Is In Decent Condition, Providing The Flexibility To Move In Or Rent Out While Preparing For Your Future Build. Ideally Located Within Walking Distance To Longo's, Walmart, Highly Ranked York Region Schools, Parks And Everyday Amenities, With Hwy 407 Just Minutes Away. (id:66096)

Property Details

MLS®: N13697960
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 72 × 165 ft (11,880 sq ft)
Frontage: 72 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, No Garage
Ownership: Freehold
Property Tax: $3,150/yr
Listed: 76 days ago

Rooms

Ground level

Living room: 5.4 x 3.6 meters
Dining room: 3.75 x 3.25 meters
Kitchen: 3.8 x 3.5 meters
Bedroom: 3.22 x 2.9 meters

Second level

Primary Bedroom: 4.5 x 4.2 meters
Bedroom: 3.2 x 2.9 meters
Other: 3.91 x 2.21 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

76d

Markham (Box Grove) listings, avg age

79d

Price / ft²

$1,153

List price

$1.50M

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 (L6B)

This home lists at $1,499,000, about 12.4× the local median household income of $121,000.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 142% above the area median.

Median household income: $121,000
Population: 34,763
Median age: 37.2
Owner / renter: 83% / 17%
Avg. household size: 3.4

Source: Statistics Canada, 2021 Census (FSA L6B)

$1,499,000· $1,153/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,900.00

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,964 capitalized)

Property tax (est.)$263/mo

Total monthly$7,881

Cash Needed to Close

Down payment (8.33%)$124,900

Land transfer tax$26,455

Est. closing costs$6,997

Total cash needed$158,352

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

7822 Ninth Line, Markham (Box Grove) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L6B)

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