$2,100,000

For sale

93 Lee Avenue, Markham (Milliken Mills East) - Single Family for Sale

93 Lee Avenue, Markham (Milliken Mills East), Ontario, L3R8G2

2 beds1 bath12 parking1,300 ft²100 × 180 ft (18,000 sq ft) lot sizeListed 33 days ago

Overview

This 2-bedroom, 1-bathroom home in Markham is for sale offering roughly 1,300 sq ft of space. It has been on the market 33 days, fresher than the Markham average of 54 days.

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Description

Welcome to 93 Lee Ave, a rare opportunity to own a unique property with an exceptionally large 100-foot by 180-foot-deep lot. This rare premium property presents an incredible opportunity for building your dream home. Great for builders or for majestic principle residence. Quiet location with lots of mature trees in established Markham area. Surrounded by upscale neighbourhoods and many multi-million dollar estate homes. The property is ideally positioned for everyday convenience. Enjoy easy access to Highway 7 and Highway 407, York Region Transit, shopping, restaurants, supermarkets, Milliken Mills park, community centres, and top rated schools (private schools and Milliken Mills HS & Father Michael McGivney Catholic HS, both with IB Program). Nearby destinations include Unionville Main Street, Markham Main Street, First Markham Place, Smart Centres Markham Woodside, and Downtown Markham, providing an abundance of shopping, dining and entertainment options. A rare land offering with exceptional frontage and depth in a highly connected Markham location - 93 Lee Ave is a property with both immediate appeal and long-term possibilities. (id:66096)

Property Details

MLS®: N13854672
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 12
Interior Size: 1,300 ft²
Lot Size: 100 × 180 ft (18,000 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $7,761.99/yr
Listed

Rooms

Main level

Living room: 5.75 x 3.66 meters
Dining room: 3.8 x 2.48 meters
Kitchen: 3.8 x 2.48 meters
Primary Bedroom: 4.52 x 3.65 meters
Bedroom 2: 3.4 x 3.07 meters

Basement

Recreational, Games room: 7.39 x 3.78 meters
Other: 8.56 x 7.6 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, Dryer, Freezer, Window Coverings, Garage door opener, Water Heater
Flooring: Tile, Carpeted
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Markham (Milliken Mills East) listings, avg age

54d

Price / ft²

$1,615

List price

$2.10M

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 2-bed single family in Markham (Milliken Mills East) has been listed for 33 days, which is 21 days fresher than the city average of 54. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · JOHN R. PROCENKO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $2,100,000, about 22.6× the local median household income of $93,000.

Carrying it typically needs a household income of about $410,204 (20% down, 25-yr amortization, stress-tested) — roughly 341% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$2,100,000· $1,615/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $420,000

Min 20%50%

Mortgage payment$8,956/mo

Property tax (est.)$647/mo

Total monthly$9,603

Cash Needed to Close

Down payment (20%)$420,000

Land transfer tax$38,975

Est. closing costs$8,800

Total cash needed$467,775

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