$529,990

For saleJust listed

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#1108 1 Grandview Avenue East, Markham (Grandview) - Single Family for Sale

#1108 1 Grandview Avenue East, Markham (Grandview), Ontario, L3T0G7

2 beds1 bath parking

#1712 7171 Yonge Street East, Markham (Grandview), Ontario, L3T0C5

2 bd1 ba1 pk650 ft²+$583/mo

Listed by AIMHOME REALTY INC.

#1702 7171 Yonge Street, Markham (Grandview), Ontario, L3T0C5

For salePrice drop

36 days ago

$485K$498K

↓ $13K (3%) price drop

#1702 7171 Yonge Street, Markham (Grandview), Ontario, L3T0C5

2 bd1 ba1 pk650 ft²+$595/mo

Listed by RIGHT AT HOME REALTY

#601 1 Grandview Avenue, Markham (Grandview), Ontario, L3T0G7

For salePrice drop

38 days ago

$478K$483K

↓ $5K (1%) price drop

#601 1 Grandview Avenue, Markham (Grandview), Ontario, L3T0G7

2 bd1 ba1 pk550 ft²+$653/mo

Listed by FIRST CLASS REALTY INC.

#1810 7165 Yonge Street, Markham (Grandview), Ontario, L3T0C9

For sale

58 days ago

$458K

#1810 7165 Yonge Street, Markham (Grandview), Ontario, L3T0C9

1 bd1 ba1 pk550 ft²+$442/mo

Listed by HOMELIFE FRONTIER REALTY INC.

Investment analysis

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$529,990

Markham

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Description

Unobstructed east view overlooking a 3/4-acre park. One bedroom plus den with 9-foot ceilings, upgraded kitchen backsplash and cabinets, and a customized closet in the primary bedroom. Modern finishes and a private balcony. Steps to shopping, restaurants and schools. Building amenities include 24-hour concierge, library, theatre, yoga studio and fitness centre. One underground parking space. Vacant and available for immediate possession. (id:66096)

Property Details

MLS®: N14155426
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $653/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,626/yr
Listed: Today

Market Timing

Days on market

Markham (Grandview) listings, avg age

93d

Price / ft²

$964

List price

$530K

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 (L3T)

This home lists at $529,990, about 5.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $103,526 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.

Median household income: $95,000
Population: 50,405
Median age: 47.2
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3T)

$529,990· $964/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,999

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,080 capitalized)

Property tax (est.)$219/mo

Condo fee$653/mo

Total monthly$3,655

Cash Needed to Close

Down payment (5.28%)$27,999

Land transfer tax$7,075

Est. closing costs$4,090

Total cash needed$39,164

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

#1108 1 Grandview Avenue East, Markham (Grandview) - Single Family for Sale

Rental cashflow calculator

Description

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Neighbourhood profile (L3T)

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