$594,900

$599,900For salePrice drop↓ $5,000 (1%)

#112 102 Faithful Way, Markham (Milliken Mills East) - Single Family for Sale

#112 102 Faithful Way, Markham (Milliken Mills East), Ontario, L3R1A1

3 beds2 baths0 parking1,300 ft²$242/mo condo feeListed 72 days ago

Overview

This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 1,300 sq ft of space. Its $594,900 asking price sits right in line with the $575,000 median in Markham.

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

Description

3-storey freehold/condominium townhouse located in a highly desirable Markham community. Features 3 bedrooms, functional layout, hardwood flooring throughout above grade levels, and a fully finished basement. Conveniently situated near Pacific Mall, shopping, supermarkets, public transit, and major amenities. Located within the boundaries of highly rated schools, including Milliken Mills High School (IB Program). Fantastic opportunity to add value and build equity. Ideal for investors, renovators, contractors, or first-time buyers looking to customize a home to their needs. Seller has no knowledge of UFFI Warranty. Buyer agrees to conduct his own investigations and satisfy himself as to any easements/rights of way which may affect the property. Property is being sold "as is" and Seller makes no warranties or representations in this regard. (id:66096)

Property Details

MLS®: N13705578
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 1,300 ft²
Storeys: 3
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Condo Fee: $242/mo
Ownership: Condo/Strata
Property Tax: $3,382/yr
Listed: 72 days ago

Features

Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

72d

Markham (Milliken Mills East) listings, avg age

54d

Price / ft²

$458

List price

$595K

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 3-bed single family in Markham (Milliken Mills East) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE NEW WORLD REALTY INC. · XUANZHE YANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $594,900, about 6.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $116,205 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$594,900· $458/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,490.00

Min 5.80%50%

Mortgage payment$3,107/mo

↳ CMHC premium ($22,416 capitalized)

Property tax (est.)$282/mo

Condo fee$242/mo

Total monthly$3,631

Cash Needed to Close

Down payment (5.80%)$34,490

Land transfer tax$8,373

Est. closing costs$4,285

Total cash needed$47,148

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