$799,000

For sale

83 Mikayla Lane, Markham (Cornell) - Single Family for Sale

83 Mikayla Lane, Markham (Cornell), Ontario, L6B1R1

4 beds3 baths5 parking1,750 ft²15 × 78 ft (1,157 sq ft) lot sizeListed 14 days ago

Overview

This 4-bedroom, 3-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $799,000, it is attractively priced about 21% below the $1,010,000 median asking price in Markham. It has been on the market 14 days, fresher than the Markham average of 50 days.

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Description

Welcome To 83 Mikayla Lane! Beautifully Maintained 2023-Built Freehold Townhome Offering Approx. 1,620 Sq. Ft. Above Grade, Featuring A Functional 4-Bedroom, 3-Washroom Layout Ideal For Families And Multi-Generational Living. Enjoy Hardwood Flooring Throughout The Main Living Areas, With Comfortable Broadloom In The Bedrooms, Fresh Paint. The Modern Kitchen Features Quartz Countertops, Stainless Steel Appliances And A Brand New Dishwasher. The two bedrooms on the third floor can be changed to a big en suite. The Convenient Ground-Level Bedroom With A Full Bath Offers Excellent Flexibility For Guests, In-Laws Or A Home Office. Step Out To The Balcony And Enjoy The Beautiful Open Farm View. Upgraded Washer & Dryer (2024), All Existing Window Coverings, Garage Door Opener And Upgraded Interlocking Driveway Providing Parking For Up To 4 Cars Plus 1-Car Garage. No POTL Fee! A Move-In Ready Freehold Home With Modern Finishes, Flexible Living Space And Plenty Of Parking - Don't Miss It! (id:66096)

Property Details

MLS®: N14102868
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 15 × 78 ft (1,157 sq ft)
Frontage: 15 ft
Storeys: 3
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $3,995.75/yr
Listed

Features

Appliances: Garage door opener remote(s)
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Markham (Cornell) listings, avg age

50d

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 4-bed single family in Markham (Cornell) has been listed for 14 days, which is 36 days fresher than the city average of 50. Act while there is still low competition.

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Listed by ANJIA REALTY · HARRY SIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6B)

This home lists at $799,000, about 6.6× the local median household income of $121,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$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.)$333/mo

Total monthly$4,458

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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