8806 Ninth Line

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8806 Ninth Line, Markham
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3 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
N3614863
MLSID
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Property Description
Attention All Builders+ Investment!! Professional Use For Office Or Small Business. Prime Building Lot In The Heart Of Markham!! 68X200 Lot Size! Located In An Area Of Million Dollar Homes!! Existing Bungalow With 3+ 1 Bedrooms And Finished Basement - Seperate Entrance Into Basement. Enjoy "Paradise Found" In Your Private Backyard Retreat! Steps To All Amenities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-12-06 2022-12-29 23 $3,550 - Terminated
2022-01-07 2022-01-18 11 $1,689,000 $1,670,000 Sold
2022-01-07 2022-01-18 11 $1,689,000 $1,670,000 Sold
2020-11-27 2020-12-03 6 $2,250 $2,300 Leased
Extras
All Elf's, All Window Covering, Fridge, Stove, Washer, Dryer.
Property Details
Property Type
Detached, Bungalow
Lot Size
68' x 200'
Fronting
West
Taxes
$4,500 (2016)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Markham Market Statistics
Markham Price Trend
8806 Ninth Line is a 3-bedroom 3-bathroom home listed for sale at $1,388,000, which is $26,412 (1.9%) lower than the average sold price of $1,414,412 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 3 bedroom home in Markham increased by $7,885 (0.6%) compared to the previous 30 day period (February 23 - March 23) and up $23,355 (1.7%) from the same time one year ago.
Inventory Change
There were 72 3-bedroom homes listed in Markham over the last 30 days (March 24 - April 22), which is down 26.5% compared with the previous 30 day period (February 23 - March 23) and down 2.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Markham typically sold $114,582 (8.1%) above asking price over the last 30 days (March 24 - April 22), which represents a $1,714 decrease compared to the previous 30 day period (February 23 - March 23) and $143,206 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 3-bedroom homes in Markham over the last 30 days (March 24 - April 22) stood at 94.4%, up from 67.3% over the previous 30 days (February 23 - March 23) and up from 85.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Markham stood at 13 days when successfully sold over the last 30 days (March 24 - April 22), compared to 30 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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