38 Cedarland Dr 1606

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38 Cedarland Dr 1606, Markham
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
N4193766
MLSID
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Property Description
From The Moment You Step Into The Luxurious Newly Built Grand Entrance Of The Fontana Condominium You Will Be Surrounded In Opulence. Complete With Some Of The Finest Amenities, Indoor Pool, Fitness Room, Badminton Court, To Name A Few. This Stunning 1 Bed+Den With Panoramic Balcony Views Will Be Your Private Oasis That Is Minutes To Downtown Markham Where You Can Dine, Shop And Entertain In Style. Conveniently Located Near Highways; Transit At Your Doorstep
Property Features
Park, Public Transit, School
Property Details
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
700-799
Taxes
$2,241 (2018)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (B)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
MasterFlat10.99' x 9.97'
BathroomFlat4.99' x 8.99'4 Pc Ensuite
BathroomFlat4.99' x 6.99'3 Pc Bath
LivingFlat26.97' x 10.99'Combined W/Kitchen
DenFlat7.97' x 10.99'
Markham Market Statistics
Markham Price Trend
38 Cedarland Dr 1606 is a 1-bedroom 2-bathroom condo listed for sale at $399,900, which is $247,579 (38.2%) lower 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 Re/Max West Realty Inc., Brokerage
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