8228 Birchmount Rd 229

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8228 Birchmount Rd 229, Markham
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
N3277165
MLSID
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Property Description
Luxurious Large 1 Bedroom @ River Park At Uptown Markham, One Year New, 9 Foot Ceiling, Laminate Wood Floor Thruout, Large Kitchen W/ Breakfast Area & Window, Stainless Steel Kitchen Appliances, Granite Kitchen ;, 24 Hr Concierge W/Excellent Facilities, Close To Hwy 404/407, Walk To Public Transit, Mall, Banks & Restaurants.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-03-31 2023-05-12 42 $679,000 $662,800 Sold
Extras
All Elf's, All Window Coverings, S/S Fridge, Stove And B/I Dishwasher, Washer & Dryer.
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,102 (2015)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Markham Market Statistics
Markham Price Trend
8228 Birchmount Rd 229 is a 1-bedroom 1-bathroom condo listed for sale at $319,000, which is $327,307 (50.6%) 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 Homelife New World Realty Inc., Brokerage
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