38 Cedarland Dr 1001

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38 Cedarland Dr 1001, Markham
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
N4022401
MLSID
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Property Description
Brand New Luxury Fontana Condo In The Heart Of Markham, Warden/Hwy 7 Area. 9Ft Ceiling 1+Den With 2 Full Bathrooms & Open Concept Layout. Den Can Be Used As 2nd Bedroom. Big W/I Closet In Master. Great Location. A Two Mins Walk To Viva Bus From Building. Closed To Unionville High School, Shopping Center, Restaurants, Banks, Supermarket, Hwy 404 & 407, And More. Great Amenities: 24-Hr Concierge, Gym, Indoor Basketball Court, Indoor Pool, Guest Suite.
Extras
Builder's Release Of Brand-New (Never Inhabited) Suite. Upgraded Stainless Steel Appliance Package: Fridge, Stove, Dishwasher & Microwave; Range Hood, Stacked Front Loading Washer & Dryer, All Elfs. One Parking & One Locker.
Property Features
Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 10.79'Laminate, W/O To Balcony, Open Concept
DiningFlat7.61' x 12.01'Laminate, W/O To Balcony, Combined W/Kitchen
KitchenFlat7.61' x 12.01'Laminate, Stainless Steel Appl, Combined W/Dining
MasterFlat10.01' x 11.81'Laminate, W/I Closet, 4 Pc Ensuite
DenFlat7.19' x 8.01'Laminate
Markham Market Statistics
Markham Price Trend
38 Cedarland Dr 1001 is a 1-bedroom 2-bathroom condo listed for sale at $470,000, which is $177,212 (27.4%) lower than the average sold price of $647,212 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $5,093 (0.8%) compared to the previous 30 day period (February 25 - March 25) and down $1,579 (0.2%) from the same time one year ago.
Inventory Change
There were 73 1-bedroom condos listed in Markham over the last 30 days (March 26 - April 24), which is up 23.7% compared with the previous 30 day period (February 25 - March 25) and up 121.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $13,446 (2.1%) above asking price over the last 30 days (March 26 - April 24), which represents a $11,712 increase compared to the previous 30 day period (February 25 - March 25) and $4,171 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 26 - April 24) stood at 64.4%, down from 66.1% over the previous 30 days (February 25 - March 25) and down from 109.1% 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 26 - April 24), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Net More Real Estate Inc., Brokerage
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