$499,000

For sale

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#108 50 Clegg Road, Markham (Unionville) - Single Family for Sale

#108 50 Clegg Road, Markham (Unionville), Ontario, L6G0C6

2 beds2 baths1 parking ft²

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Investment analysis

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$499,000

Markham

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Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 950 sq ft of space. Listed at $499,000, it is attractively priced about 24% below the $659,000 median asking price in Markham. It has been on the market 11 days, fresher than the Markham average of 63 days.

Condos for Sale in Markham →All real estate in Markham →

Description

* Luxury Condo "Majestic Court" * Unit Approx. 953 Sq. Ft. As Per Builder's Plan * 9 Ft Ceiling * Functional Layout With 2 Sep Bdrm * Full Height Double Mirror Closets In Foyer, Mirror Cabinet In Baths, Double Sinks In Master Ensuite, Granite Countertop In Kit & Baths * Lots Of Upgrades * Spacious Kitchen * 24 Hrs Security * Convenient Location * Short Walk To First Markham Place * Close To All Amenities, Restaurants & Supermarkets * Easy Access To 404/407, Large W/O Patio W/Lots Of Greens. Feel Like Living In House. (id:66096)

Property Details

MLS®: N14113688
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $671/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,718.06/yr
Listed: 11 days ago

Market Timing

Days on market

11d

Markham (Unionville) listings, avg age

63d

Price / ft²

$526

List price

$499K

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 (L6G)

This home lists at $499,000, about 8.2× the local median household income of $61,200.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.

Median household income: $61,200
Population: 8,364
Median age: 35.2
Owner / renter: 54% / 46%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L6G)

$499,000· $526/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$227/mo

Condo fee$671/mo

Total monthly$3,526

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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

#108 50 Clegg Road, Markham (Unionville) - Single Family for Sale

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Neighbourhood profile (L6G)

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