$420,000

$485,000For salePrice drop↓ $65,000 (13%)

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#401 21 Upper Duke Crescent, Markham (Unionville) - Single Family for Sale

#401 21 Upper Duke Crescent, Markham (Unionville), Ontario, L6G0B7

1 bed1 bath parking

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Investment analysis

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$420,000

Markham

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Overview

This 1-bedroom, 1-bathroom condo in Markham is for sale offering roughly 650 sq ft of space. Listed at $420,000, it is attractively priced about 37% below the $668,000 median asking price in Markham. It has been on the market 57 days, fresher than the Markham average of 63 days.

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

Description

You Won't Want to Miss this! Spacious 1 Bed, 1 Bath Apartment in Desirable Unionville, Markham with Parking and Locker. Open-Concept Layout - Perfect for Entertaining w/9ft Ceilings, Modern Kitchen with Stainless Steel Appliances and Breakfast Bar, Spacious Bedroom, and Tasteful full Bathroom. Tons of Storage. Walk-Out To The Private Balcony Offering View of Downtown Markham. Only steps away from Shopping, Restaurants, Cinema, Transit, GO station, Hwy 407, Hwy 404 and YORK UNIVERSITY. (id:66096)

Property Details

MLS®: N13753626
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $492/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,050.79/yr
Listed: 57 days ago

Market Timing

Days on market

57d

Markham (Unionville) listings, avg age

63d

Price / ft²

$647

List price

$420K

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 $420,000, about 6.9× the local median household income of $61,200.

Carrying it typically needs a household income of about $82,041 (20% down, 25-yr amortization, stress-tested) — roughly 34% 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)

$420,000· $647/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,000

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,960 capitalized)

Property tax (est.)$171/mo

Condo fee$492/mo

Total monthly$2,875

Cash Needed to Close

Down payment (5%)$21,000

Land transfer tax$4,875

Est. closing costs$3,760

Total cash needed$29,635

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

#401 21 Upper Duke Crescent, Markham (Unionville) - Single Family for Sale

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Description

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Market Timing

Location

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Neighbourhood profile (L6G)

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