3 Forest Downs Way

Cachet, Markham, L6C 2R3
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3 Forest Downs Way, Markham
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
N3900970
MLSID
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Property Description
Located In A Prestigious Gated Community Surrounded By Nature. Freshly Painted With Neutral Decor Throughout This Spectacular Home Awaits You! Main Floor Features 9' Ceilings, Hardwood Floors, Pot Lights And Crown Moulding. Gourmet Chef Style Kitchen Has Granite Counters And Stainless Steel Appliances. Spacious Master Bedroom Has 5Pc. Ensuite And Walk-In Closet. Finished Basement With Rec Room & 4th Bedroom Complete This Stunning Move In Ready Home.
Extras
All Window Coverings, All Broadloom Where Laid, All Electric Light Fixtures, Fridge, Stove, Range Hood, Built-In Dishwasher, Washer & Dryer, Cvac (No Attachments), 2 Garage Door Openers & 1 Remote, Security System, Hot Water Tank (Rental).
Property Details
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
2500-2749
Taxes
$5,700 (2017)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.93' x 11.15'Hardwood Floor, Coffered Ceiling, Crown Moulding
DiningMain11.48' x 8.96'Hardwood Floor, Open Concept, Coffered Ceiling
KitchenMain10.63' x 11.02'Hardwood Floor, Granite Counter, Gas Fireplace
BreakfastMain6.76' x 11.52'Hardwood Floor, W/O To Yard, Combined W/Kitchen
FamilyMain12.43' x 16.37'Gas Fireplace, Pot Lights, Crown Moulding
Master2nd15.42' x 19.59'5 Pc Ensuite, W/I Closet, Ceiling Fan
2nd Br2nd11.22' x 12.96'Window, Semi Ensuite, Closet
3rd Br2nd14.27' x 10.40'Double Doors, Window, W/I Closet
RecBsmt29.20' x 17.19'Wet Bar, Broadloom, Pot Lights
BrBsmt15.42' x 11.65'Window, Pot Lights, Closet
Markham Market Statistics
Markham Price Trend
3 Forest Downs Way is a 3-bedroom 4-bathroom townhome listed for sale at $1,398,000, which is $259,208 (22.8%) higher than the average sold price of $1,138,792 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom townhome in Markham increased by $27,459 (2.5%) compared to the previous 30 day period (February 19 - March 19) and down $50,646 (4.3%) from the same time one year ago.
Inventory Change
There were 77 3-bedroom townhomes listed in Markham over the last 30 days (March 20 - April 18), which is down 16.3% compared with the previous 30 day period (February 19 - March 19) and up 24.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Markham typically sold $38,828 (3.4%) above asking price over the last 30 days (March 20 - April 18), which represents a $33,778 decrease compared to the previous 30 day period (February 19 - March 19) and $166,406 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 3-bedroom townhomes in Markham over the last 30 days (March 20 - April 18) stood at 102.6%, up from 52.2% over the previous 30 days (February 19 - March 19) and up from 87.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Markham stood at 16 days when successfully sold over the last 30 days (March 20 - April 18), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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