7400 Markham Rd 515

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7400 Markham Rd 515, Markham
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N4069309
MLSID
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Property Description
Fantastic One Plus Den " Green Living " Condo Located In A Highly Desirable Community * Bright And Spacious Layout With Open Concept Dining And Living Combines * Very Low Maintenance Fee Of $148.29/Month * Steps Away From Variety Of Amenities, Such As Banks, Costco, Supermarket, Canadian Tire, Shopping Center, Walmart And Restaurants * Convenient Location Close To Hwy 407 And Ttc Right On The Street * Excellent Opportunity For First-Time Buyers. *
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-11 2022-04-06 26 $1,950 $1,950 Leased
2021-03-19 2021-04-23 35 $1,800 $1,800 Leased
2020-10-22 2020-12-14 53 $514,500 $506,000 Sold
Extras
All Elfs, All Window Coverings, All Appliances Incl Refrigerator, Stove, Built-In Microwave, Built-In Dishwasher, Stackable Washer & Dryer.
Property Features
Place Of Worship, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,736 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.83' x 20.28'Laminate, Open Concept, Window
DiningFlat10.83' x 20.28'Laminate, Open Concept, Combined W/Living
KitchenFlat9.35' x 13.12'Ceramic Floor, Breakfast Bar, Double Sink
BrFlat11.88' x 9.97'Broadloom, Closet, Window
DenFlat7.38' x 7.97'Broadloom
Markham Market Statistics
Markham Price Trend
7400 Markham Rd 515 is a 1-bedroom 1-bathroom condo listed for sale at $438,000, which is $209,479 (32.4%) 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 1-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 Tradeworld Realty Inc, Brokerage
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