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BEDROOMS2
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ROOMSN4007617
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Property Description
Attention Investors...First Time Offered, Great Income With Aaa Tenants!!! Free Hold End Unit Live-Work Townhouse With Commercial & Residential Use In Cornell. 2 Separate Entrances. Apartment (1100 Sqft) Has A 1 Bedroom Plus Den With A 3 Pc Bathroom Rented To The Same Tenant For The Last 6 Yrs. Tenant Wants To Stay! . Salon Is The Original Tenant (10 Yrs) With 5Year Lease.(700 Sqft) Business Not For Sale, Building Only!!!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-03-15 | 2023-03-18 | 3 | $2,200 | $2,350 | Leased |
Extras
Washer, Dryer, S/S Fridge, Black Stove, Black Dishwasher, New Boiler System (Owned) All Window Coverings, Tankless Water Heater Owned, All Elfs.
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Property Details
Street
Community
City
Property Type
Store W/Apt/Offc, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
29' x 80'
Fronting
East
Taxes
$4,655 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Markham Market Statistics
Markham Price Trend
2732 Bur Oak Ave is a 1-bedroom 2-bathroom condo listed for sale at $1,100,000, which is $452,521 (69.9%) higher than the average sold price of $647,479 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $4,826 (0.7%) compared to the previous 30 day period (February 26 - March 26) and down $1,885 (0.3%) from the same time one year ago.Inventory Change
There were 71 1-bedroom condos listed in Markham over the last 30 days (March 27 - April 25), which is up 14.5% compared with the previous 30 day period (February 26 - March 26) and up 108.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $12,750 (2.0%) above asking price over the last 30 days (March 27 - April 25), which represents a $11,016 increase compared to the previous 30 day period (February 26 - March 26) and $4,058 more 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 1-bedroom condos in Markham over the last 30 days (March 27 - April 25) stood at 67.6%, up from 62.9% over the previous 30 days (February 26 - March 26) and down from 108.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Markham stood at 15 days when successfully sold over the last 30 days (March 27 - April 25), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Heritage Realty Inc., Brokerage
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