7400 Markham Rd 608

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7400 Markham Rd 608, Markham
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
1 + 1
ROOMS
N3538992
MLSID
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Property Description
This Spacious 1 Bedroom + Den (845 Square Feet, As Per Builder) Open Concept Is Located Close To Shopping, 401, Ttc And York Transit. Well Built Energy Saving Building.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-11-18 2021-11-22 4 $1,850 $1,900 Leased
Extras
Fridge, Stove, Washer, Dryer, Dishwasher And One Parking Spot, Hot Water Tank (Rental).
Property Details
Community
Property Type
Co-Op Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,811 (2016)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.99' x 19.00'Laminate, Combined W/Dining
DenFlat8.53' x 12.01'Laminate
MasterFlat10.30' x 14.11'Laminate, Large Closet
KitchenFlat9.19' x 11.94'Ceramic Floor, Breakfast Bar
Markham Market Statistics
Markham Price Trend
7400 Markham Rd 608 is a 1-bedroom 1-bathroom condo listed for sale at $299,800, which is $346,507 (53.6%) lower than the average sold price of $646,307 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Markham increased by $22,837 (3.7%) compared to the previous 30 day period (January 28 - February 26) and down $360 (0.1%) from the same time one year ago.
Inventory Change
There were 60 1-bedroom condos listed in Markham over the last 30 days (February 27 - March 27), which is up 33.3% compared with the previous 30 day period (January 28 - February 26) and up 7.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $7,102 (1.1%) above asking price over the last 30 days (February 27 - March 27), which represents a $13,071 increase compared to the previous 30 day period (January 28 - February 26) and $9,220 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 1-bedroom condos in Markham over the last 30 days (February 27 - March 27) stood at 70.0%, up from 68.9% over the previous 30 days (January 28 - February 26) and down from 80.4% 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 26 days when successfully sold over the last 30 days (February 27 - March 27), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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