$1,499,000

$1,650,000For salePrice drop↓ $151,000 (9%)

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9 Wales Avenue, Markham (Old Markham Village) - Single Family for Sale

9 Wales Avenue, Markham (Old Markham Village), Ontario, L3P2C2

4 beds2 baths parking

49 Church Street, Markham (Old Markham Village), Ontario, L3P2M1

3 bd2 ba3 pk1,300 ft²Lot size 60 × 125 ft (7,500 sq ft)

Listed by ANJIA REALTY

20 Strathroy Crescent, Markham (Old Markham Village), Ontario, L3P2E6

For sale

15 days ago

$999K

20 Strathroy Crescent, Markham (Old Markham Village), Ontario, L3P2E6

3 bd1 ba4 pk1,300 ft²Lot size 60 × 125 ft (7,500 sq ft)

Listed by CHESTNUT PARK REAL ESTATE LIMITED

180 & 188 Main Street North, Markham (Old Markham Village), Ontario, L3P1Y3

For sale

76 days ago

$2.00M

180 & 188 Main Street North, Markham (Old Markham Village), Ontario, L3P1Y3

6 bd4 ba8 pk3,250 ft²Lot size 130 × 121 ft (15,768 sq ft)

Listed by HOMELIFE/BAYVIEW REALTY INC.

Investment analysis

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$1,499,000

Markham

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Description

Unlock the potential ! This charming property offers an incredible opportunity for Investors , Builders or Buyers looking to create their dream home or move in as is , where is .This 1 1/2 Storey detached house currently features 4 bedrooms , 2 bathrooms , situated on a very large Lot in very desirable Old Markham Village ( not a heritage home) on 61 x 223 feet irregular lot with approved Permit and drawings for a modern design home of 4278 square feet . Design feature based on addition of second story , 2 + Tandem car garage , Elevator , 10 feet high ceiling on main floor , 9 feet in basement and8 feet on second floor , Surrounded by multi-million dollars homes . Close to shops , restaurants , and Go - Station . The project is shovel ready . (id:66096)

Property Details

MLS®: N13500200
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,750 ft²
Frontage: 19 m
Storeys: 1
Basement: Partially finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,998.96/yr
Listed: 128 days ago

Rooms

Ground level

Primary Bedroom: 3.77 x 2.77 meters
Bedroom 2: 2.86 x 2.74 meters
Living room: 4.62 x 4.06 meters
Dining room: 3.06 x 3.38 meters
Kitchen: 4.48 x 3.38 meters
Mud room: 1.83 x 1.73 meters
Workshop: 5.53 x 3.34 meters

Upper Level

Bedroom 3: 3.96 x 4.59 meters
Bedroom 4: 3.96 x 4.05 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, Stove, Window Coverings
Flooring: Hardwood, Ceramic
Foundation: Block, Poured Concrete
Exterior: Brick
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

128d

Markham (Old Markham Village) listings, avg age

104d

Price / ft²

$857

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 (L3P)

This home lists at $1,499,000, about 13.0× the local median household income of $115,000.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 155% above the area median.

Median household income: $115,000
Population: 37,336
Median age: 47.2
Owner / renter: 85% / 15%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3P)

$1,499,000· $857/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.)$417/mo

Total monthly$8,035

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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9 Wales Avenue, Markham (Old Markham Village) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3P)

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Full Cost Breakdown