59 Old Kennedy Rd

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59 Old Kennedy Rd, Markham
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
9
ROOMS
N4663762
MLSID
Contact Us
Property Description
Excellent Opportunity.Huge Lot Located In Downtown Milliken ( See Milliken Secondary Plan On Attachment). Surrounded By Many Recent Approved Developments/Projects.Bldg Fronting On Old Kennedy Can Be Used For Retail Or Services While Living On Upper Possible Changed To Mid Rise Under The Secondary Plan.Lots Of Possibilities! Walk To Go Station, Pacific Mall, Many Restaurants.
Extras
Property To Be Sold " As-Is" Condition
Nearby Intersections
Property Details
Property Type
Detached, Bungalow
Lot Size
66' x 165'
Fronting
West
Taxes
$6,100 (2019)
Basement
Crawl Space
Exterior
Stucco/Plaster
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Markham Market Statistics
Markham Price Trend
59 Old Kennedy Rd is a 3-bedroom 1-bathroom home listed for sale at $1,680,000, which is $257,631 (18.1%) higher than the average sold price of $1,422,369 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom home in Markham declined by $22,087 (1.5%) compared to the previous 30 day period (February 9 - March 9) and up $34,745 (2.5%) from the same time one year ago.
Inventory Change
There were 77 3-bedroom homes listed in Markham over the last 30 days (March 10 - April 8), which is down 14.4% compared with the previous 30 day period (February 9 - March 9) and up 2.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Markham typically sold $139,754 (9.8%) above asking price over the last 30 days (March 10 - April 8), which represents a $47,239 increase compared to the previous 30 day period (February 9 - March 9) and $157,174 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 homes in Markham over the last 30 days (March 10 - April 8) stood at 110.4%, up from 58.9% over the previous 30 days (February 9 - March 9) and up from 81.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Markham stood at 11 days when successfully sold over the last 30 days (March 10 - April 8), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc., Brokerage
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