$579,900

$599,900For salePrice drop↓ $20,000 (3%)

#508 9700 Ninth Line, Markham (Cornell) - Single Family for Sale

#508 9700 Ninth Line, Markham (Cornell), Ontario, L6B1A8

3 beds2 baths1 parking850 ft²$756/mo condo feeListed 55 days ago

Overview

This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 850 sq ft of space. Its $579,900 asking price sits right in line with the $588,888 median in Markham.

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Description

Welcome to this bright and beautifully upgraded 2-bedroom plus den, 2-bathroom suite offering approximately 880 sq. ft. of thoughtfully designed living space. The functional den is ideal for a home office, study area or flexible living space. Enjoy an open-concept living and dining area filled with natural light, excellent airflow and a walkout to a private open balcony. The modern kitchen features full-size appliances, stylish backsplash and ample cabinetry. Wood flooring throughout provides a seamless, carpet-free interior. The spacious primary bedroom includes a private ensuite upgraded with a sleek frameless glass shower. Complete with ensuite laundry, one parking space and one locker. Conveniently located close to public transit, schools, parks, shopping, restaurants and Markham Stouffville Hospital. An ideal combination of space, comfort and everyday convenience in the desirable Cornell community! (id:66096)

Property Details

MLS®: N13768608
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $756/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $2,484.9/yr
Listed: 55 days ago

Features

Exterior: Brick, Stucco
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Markham (Cornell) listings, avg age

49d

Price / ft²

$683

List price

$580K

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 (Cornell) 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 BAY STREET GROUP INC. · KATHY HU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6B)

This home lists at $579,900, about 4.8× the local median household income of $121,000.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$579,900· $683/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$207/mo

Condo fee$756/mo

Total monthly$3,995

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$8,073

Est. closing costs$4,240

Total cash needed$45,303

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