7811 Yonge St 507

Thornhill, Markham, L3T 4S3
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7811 Yonge St 507, Markham
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
N3615153
MLSID
Contact Us
Property Description
Lovely Spacious One Bedroom Condo At " The Summit" A Boutique Building In Old Thornhill, Light Filled And South Facing, This Suite Has Hardwood Floors And A Comfortable Layout. Lots Of Cupboards In The Kitchen And A Large Ensuite Laundry/Storage Area Make This A Great Space, Custom Closet Doors, Building Recently Extensively Renovated.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-02-04 2020-02-05 1 $420,000 $460,000 Sold
Extras
New Stainless Steel Dishwasher, Stove/ Fridge/ Washer/ Dryer/ Electrical Light Fixtures, Fan, Window Coverings.
Property Features
Clear View, Cul De Sac, Library, Park
Property Details
Street
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,847 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (P1)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain11.75' x 19.03'Hardwood Floor, W/O To Balcony
DiningMain8.01' x 10.17'Hardwood Floor, L-Shaped Room
MasterMain11.32' x 13.71'Double Closet, Hardwood Floor
KitchenMain8.01' x 12.80'Eat-In Kitchen
OtherMain6.50' x 20.80'Wood Floor, Balcony
Markham Market Statistics
Markham Price Trend
7811 Yonge St 507 is a 1-bedroom 1-bathroom condo listed for sale at $324,000, which is $328,305 (50.3%) lower than the average sold price of $652,305 in the last 30 days (February 26 - March 26). During the last 30 days the average sold price for a 1 bedroom condo in Markham increased by $28,935 (4.6%) compared to the previous 30 day period (January 27 - February 25) and up $5,638 (0.9%) from the same time one year ago.
Inventory Change
There were 62 1-bedroom condos listed in Markham over the last 30 days (February 26 - March 26), which is up 44.2% compared with the previous 30 day period (January 27 - February 25) and up 14.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold $1,734 (0.3%) above asking price over the last 30 days (February 26 - March 26), which represents a $7,152 increase compared to the previous 30 day period (January 27 - February 25) 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 26 - March 26) stood at 62.9%, down from 69.8% over the previous 30 days (January 27 - February 25) and down from 83.3% 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 30 days when successfully sold over the last 30 days (February 26 - March 26), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty, Brokerage
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