7161 Yonge St #1427

Thornhill, Markham, L3T 0C8
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7161 Yonge St #1427, Markham
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
N4186092
MLSID
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Property Description
Recently Upgraded 1 Bedroom + 1 Den Suite Located At The Prestigious "World On Yonge: Development Where Thornhill Meets Toronto. This Sun-Filled And Spacious Suite Offers Unobstructed South Views Of Toronto! Fully Modern Kitchen And Counter Tops, Undermount Sinks, S/S Appliance, Flawless Engineered Floors & 9Ft Ceilings. Direct Indoor Access To Mall, Supermarket & Steps To Ttc And Viva Transit To Finch Subway And York University
Extras
1 Parking Spot Included, Amenities Include 24 Hour Security, Abundant Visitor Parking, Grocery Store Steps Away, Fitness Room And Guest Suites Available. Offers To Be Accepted Tuesday, July 24th.
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,220 (2018)
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 (Level C)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat85.30' x 32.81'Laminate
KitchenFlat39.37' x 25.59'Laminate
MasterFlat34.45' x 31.17'Laminate
DenFlat23.29' x 22.97'Laminate
Markham Market Statistics
Markham Price Trend
7161 Yonge St #1427 is a 1-bedroom 1-bathroom condo listed for sale at $399,999, which is $261,453 (39.5%) lower than the average sold price of $661,452 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Markham increased by $14,259 (2.2%) compared to the previous 30 day period (February 9 - March 9) and up $22,092 (3.5%) from the same time one year ago.
Inventory Change
There were 54 1-bedroom condos listed in Markham over the last 30 days (March 10 - April 8), which is down 5.3% compared with the previous 30 day period (February 9 - March 9) and up 22.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $12,456 (1.9%) above asking price over the last 30 days (March 10 - April 8), which represents a $19,186 increase compared to the previous 30 day period (February 9 - March 9) and ($1,752) 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 10 - April 8) stood at 101.9%, up from 50.9% over the previous 30 days (February 9 - March 9) and up from 97.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Markham stood at 27 days when successfully sold over the last 30 days (March 10 - April 8), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Premier Inc., Brokerage
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