16 Elgin St 242

Thornhill, Markham, L3T 4T4
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16 Elgin St 242, Markham
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
N4208769
MLSID
Contact Us
Property Description
** Beautiful 2-Bedroom + Den (Can Be Used As Bedroom), 2-Baths, 2-Storey Suite In Prestigious Old Thornhill ** Enjoy A Bbq On Your Private Terrace With Quiet Tree-Lined East Views ** Maintenance Includes All Utilities And Cable! ** Close To Transit, Schools, Park And Shops ** Fantastic Storage Includes An En-Suite Locker And Full Sized Laundry Room **
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-06-28 2019-08-01 34 $479,900 $472,000 Sold
Extras
** S/S Fridge, Dishwasher, Stove (2010), Washer, Dryer, New Windows'2016, All Elf's And Window Coverings ** Any/All Furniture Can Be Included **
Property Details
Street
Community
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$2,005 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain11.06' x 18.04'
DiningMain7.64' x 8.01'
KitchenMain7.94' x 10.01'
DenMain8.01' x 10.01'
Master2nd10.17' x 16.99'
2nd Br2nd9.02' x 12.20'
Laundry2nd4.99' x 4.99'
Markham Market Statistics
Markham Price Trend
16 Elgin St 242 is a 2-bedroom 2-bathroom condo listed for sale at $489,000, which is $290,181 (37.2%) lower than the average sold price of $779,181 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Markham increased by $960 (0.1%) compared to the previous 30 day period (February 26 - March 26) and down $10,914 (1.4%) from the same time one year ago.
Inventory Change
There were 67 2-bedroom condos listed in Markham over the last 30 days (March 27 - April 25), which is up 36.7% compared with the previous 30 day period (February 26 - March 26) and up 21.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Markham typically sold ($7,503) (1.0%) below asking price over the last 30 days (March 27 - April 25), which represents a $4,054 decrease compared to the previous 30 day period (February 26 - March 26) and $7,196 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Markham over the last 30 days (March 27 - April 25) stood at 49.3%, down from 75.5% over the previous 30 days (February 26 - March 26) and down from 87.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Markham stood at 25 days when successfully sold over the last 30 days (March 27 - April 25), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc., Brokerage
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