$708,800

For saleJust listed

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#503 58 Adam Sellers Street, Markham (Cornell) - Single Family for Sale

#503 58 Adam Sellers Street, Markham (Cornell), Ontario, L6B1P5

3 beds2 baths parking

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Listed by Advent Realty Inc.

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Listed by PROPERTY.CA INC.

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For sale

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#801 1 Blanche Lane, Markham (Cornell), Ontario, L6B1N3

For sale

21 days ago

$568K

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Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$708,800

Markham

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Description

Luxury Condo building by Mattamy in Prime Cornell. A stunning sun-filled Two-bedroom unit with Two full washroom plus Den, glass enclosed Balcony with an excellent view.Open Concept 9ft ceiling, Upgraded and extended Kitchen W/Pantry and island, upgraded Quartz Countertop. $$$ Upgrade with Backsplash, Cabinetry, custom closets and more. Walking Distance to Markham Stouffville Hospital, Cornell Community Centre, Cornell Bus terminal, Mins to Highway 7 and 407 ETR. Building with a well-equipped gym, party room, Roof-Top Patio. 2 Parkings and 1 Locker. (id:66096)

Property Details

MLS®: N14145590
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $653/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,926.14/yr
Listed: Today

Market Timing

Days on market

Markham (Cornell) listings, avg age

50d

Price / ft²

$645

List price

$709K

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 (L6B)

This home lists at $708,800, about 5.9× the local median household income of $121,000.

Carrying it typically needs a household income of about $138,453 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $121,000
Population: 34,763
Median age: 37.2
Owner / renter: 83% / 17%
Avg. household size: 3.4

Source: Statistics Canada, 2021 Census (FSA L6B)

$708,800· $645/ft²

For sale

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Full Cost Breakdown

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Down Payment6.47% · $45,880

Min 6.47%50%

Mortgage payment$3,675/mo

↳ CMHC premium ($26,517 capitalized)

Property tax (est.)$244/mo

Condo fee$653/mo

Total monthly$4,573

Cash Needed to Close

Down payment (6.47%)$45,880

Land transfer tax$10,651

Est. closing costs$4,626

Total cash needed$61,157

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

#503 58 Adam Sellers Street, Markham (Cornell) - Single Family for Sale

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Description

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Neighbourhood profile (L6B)

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