7400 Markham Rd 222

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7400 Markham Rd 222, Markham
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N4240297
MLSID
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Property Description
Fabulous 2Yr New 'Eco-Friendly' 880 Sq Ft Condo Features 1+1 Bed / 1 Bath Unit, Open Concept Design With Large Living/Dining Area. Spacious Kitchen Inc Breakfast Island. 9 Ft Ceilings, Laminate Floors Thru-Out, Western Exposure, Ensuite Laundry, Lot Maintenance Fees. Walk To Transit, Amenities,, Hwy 407, Hwy 404.
Extras
Fridge, Stove, Dishwasher, Microwave, Stack Washer/Dryer.
Property Features
Place Of Worship, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,906 (2018)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A-27)
Garage Type
Surface
Room Summary
RoomLevelSizeFeatures
KitchenMain12.89' x 8.17'Ceramic Floor, Breakfast Bar, Double Sink
DenMain9.88' x 8.60'Laminate
LivingMain20.08' x 11.98'Laminate, Open Concept, Window
MasterMain13.12' x 11.58'Laminate, Double Closet, Window
Markham Market Statistics
Markham Price Trend
7400 Markham Rd 222 is a 1-bedroom 1-bathroom condo listed for sale at $414,800, which is $235,526 (36.2%) lower than the average sold price of $650,326 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $235 (0.0%) compared to the previous 30 day period (February 23 - March 23) and up $3,878 (0.6%) from the same time one year ago.
Inventory Change
There were 71 1-bedroom condos listed in Markham over the last 30 days (March 24 - April 22), which is up 20.3% compared with the previous 30 day period (February 23 - March 23) and up 91.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $9,543 (1.5%) above asking price over the last 30 days (March 24 - April 22), which represents a $8,192 increase compared to the previous 30 day period (February 23 - March 23) and $2,899 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 24 - April 22) stood at 64.8%, down from 66.1% over the previous 30 days (February 23 - March 23) and down from 105.4% 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 15 days when successfully sold over the last 30 days (March 24 - April 22), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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Beautiful charming studio, sun filled west facing unit at The Liberty Tower, great opportunity for you to own this unit at an affordable price! The unit features 9' ceiling , open concept. Excellent location; minutes to public transit, major highway, park, coffee shop, business area, great for daily live! Do not miss this opportunity, a must see!
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