4560 Elgin Mills Rd E

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4560 Elgin Mills Rd E, Markham
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
N3929315
MLSID
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Property Description
Custom Built Estate On A Private, Mature Treed 2.55 Acre Premium Lot.High Ceilings,Custom Millwork, Open Concept Kitchen/Fam Rm,Luxury Finishing Quality.Master Br Retreat W/ Oversized Exercise/Dressing Rm, Priv Balcony W/ Glass Railing, Juliet Balcony & 5 Pc Ensuite. W/O Bsmt W/ Large Above Gr Windows, Rec Rm, Bdrm, 3Pc Washrm & Games Rm. Backyard Oasis W/ Trex Decks,Hot Tub, Multilevel Patio, Pool, & Deck Overlooking Stream. 7706 Sf Of Renovated Living Space
Extras
4 Br Layout Easily Converted To 5 Br. Four Working Wood Fireplaces, Two Automated Oversized Deck Awnings, Deck Lighting, Two Large Balconies With Trex Decking And Glass Railings On Second Floor, See Sch B For Chattels.
Property Features
Clear View, River/Stream, Treed, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
164' x 643'
Acreage
2-4.99
Lot Irregularities
2.55 Acres As Per Survey
Fronting
North
Taxes
$12,132 (2016)
Basement
Finished, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
16
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain15.32' x 22.57'Hardwood Floor, W/O To Deck, Stone Fireplace
DiningMain14.17' x 16.24'Hardwood Floor, French Doors, Crown Moulding
KitchenMain15.32' x 22.57'Granite Counter, Centre Island, Pantry
LibraryMain10.33' x 14.60'Crown Moulding, W/O To Deck, French Doors
LivingMain15.26' x 25.82'Hardwood Floor, W/O To Deck, Fireplace
Master2nd15.09' x 18.34'Hardwood Floor, W/O To Balcony, Crown Moulding
Sitting2nd16.83' x 26.67'Hardwood Floor, Juliette Balcony, Pot Lights
2nd Br2nd12.34' x 15.09'Hardwood Floor, Crown Moulding, Double Closet
3rd Br2nd11.58' x 14.60'Hardwood Floor, Crown Moulding, Wet Bar
4th Br2nd14.60' x 15.42'Hardwood Floor, Double Closet, W/I Closet
RecBsmt21.92' x 30.51'Broadloom, Pot Lights
5th BrBsmt12.60' x 13.85'Broadloom, W/I Closet
Markham Market Statistics
Markham Price Trend
4560 Elgin Mills Rd E is a 4-bedroom 5-bathroom home listed for sale at $5,388,000, which is $3,619,105 (204.6%) higher than the average sold price of $1,768,895 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Markham declined by $19,845 (1.1%) compared to the previous 30 day period (February 26 - March 26) and down $51,227 (2.8%) from the same time one year ago.
Inventory Change
There were 177 4-bedroom homes listed in Markham over the last 30 days (March 27 - April 25), which is up 16.4% compared with the previous 30 day period (February 26 - March 26) and up 11.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Markham typically sold $115,258 (6.5%) above asking price over the last 30 days (March 27 - April 25), which represents a $17,321 decrease compared to the previous 30 day period (February 26 - March 26) and $184,304 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 4-bedroom homes in Markham over the last 30 days (March 27 - April 25) stood at 62.1%, down from 62.5% over the previous 30 days (February 26 - March 26) and down from 76.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Markham stood at 10 days when successfully sold over the last 30 days (March 27 - April 25), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Rcr Realty, Brokerage
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