$849,000

$890,000For salePrice drop↓ $41,000 (5%)

#55 65 Quail Valley Lane, Markham (German Mills) - Single Family for Sale

#55 65 Quail Valley Lane, Markham (German Mills), Ontario, L3T4R4

2 beds3 baths4 parking1,900 ft²$1,001/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 3-bathroom condo in Markham is for sale offering roughly 1,900 sq ft of space. It has been on the market 21 days, fresher than the Markham average of 27 days.

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Description

Welcome to Quail Valley Estates, a rare executive 2-bedroom townhouse tucked away in a private and beautifully maintained enclave surrounded by mature greenery and nature. This spacious 1,810 sq. ft. home offers a unique blend of privacy, comfort and convenience, with the flexibility to convert the ground floor into a third bedroom. Featuring 4 walkouts to balconies and the yard, enjoy peaceful ravine views from the private rear balcony or step outside to the fully interlocked and fenced lower patio with direct access to nature, just a short walk from the ravine and ideal for pet owners and outdoor enthusiasts. The home also features 2 gas fireplaces, a skylight and an abundance of natural light throughout. A rare double garage with direct access into the home, plus 2 additional driveway parking spaces, adds exceptional everyday convenience. Located in one of Thornhill/Markham's most desirable private communities, yet minutes from major highways, transit, top schools, recreation and all the amenities of the GTA. A truly special opportunity to enjoy spacious executive living surrounded by nature, without sacrificing convenience. (id:66096)

Property Details

MLS®: N14032202
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,900 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Condo Fee: $1,001/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Second level

Living room: 5.81 x 4.03 meters
Dining room: 4.7 x 3.35 meters
Kitchen: 4.85 x 3.35 meters

Third level

Primary Bedroom: 5.8 x 3.8 meters
Bedroom 2: 6.45 x 2.98 meters

Ground level

Family room: 5.78 x 4.04 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring: Hardwood, Carpeted
Exterior: Brick
Lot Features: Backs on greenbelt, Conservation/green belt, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Markham (German Mills) listings, avg age

27d

Price / ft²

$447

List price

$849K

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 2-bed single family in Markham (German Mills) has been listed for 21 days, which is 6 days fresher than the city average of 27. Act while there is still low competition.

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Listed by RE/MAX EXCEL REALTY LTD. · JOHN KIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $849,000, about 8.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 75% 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)

$849,000· $447/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,900.00

Min 7.06%50%

Mortgage payment$4,375/mo

↳ CMHC premium ($31,564 capitalized)

Property tax (est.)$464/mo

Condo fee$1,001/mo

Total monthly$5,840

Cash Needed to Close

Down payment (7.06%)$59,900

Land transfer tax$13,455

Est. closing costs$5,047

Total cash needed$78,402

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