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            #816 7325 Markham Road

            near Markham/Denison
            $538,800 1+1 bdr • 2 ba • 1 kit • 900-999 sf

            Comm Element Condo • Apartment #816

            #816 7325 Markham Road, Cedarwood, Markham
            • Rooms and Bathrooms 1+1 bedr(s), 2 bath(s)
            • Kitchens 1
            • area 900-999
            • garage 1.0 Undergrnd
            • exposure Sw
            • age n/a
            • locker Owned
            • possession

              August 1st

            $538,800

            $1,494.16
            Tax yr: 2019

            $142.00/m

            84 Very Walkable

            52 Good Transit

            47 Somewhat Bikeable

            • Added to site: 2019-06-14 16:04:58
            • Last updated: 2019-06-15 01:03:10
            • Photos updated: 2019-06-14
            Property Location Details
            • York

            • Markham

            • Cedarwood

            • Markham/Denison

            • #816 7325 Markham Road

            • L3S3J9

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            HOMELIFE/FUTURE REALTY INC., BROKERAGE

            Property Overview
            A Hidden Gem. Enjoy Lowest Condo Fees In Canada. Quick Accessibility To Hwy 407, Yrt, Ttc, New Community Centre And A Highly-Rated Elementary School. Walking Distance To Costco, Sunny Mart, Canadian Tire, Restaurants, Banks. Premium Penthouse Unit With Great Views. High Ceiling, Facing South-West And A Large Balcony.

            Extras: Stainless Steel Fridge, Stove, B/I Dishwasher And Microwave, Washer, Dryer, All Window Coverings, Rental Hot Water Tank $15.22/Month. One Parking And One Locker.

            Rooms details
            Kitchen
            • Stainless Steel Appl
            • Granite Counter
            • Size 2.40x2.49
            Dining
            • Combined W/Living
            • Size 3.35x5.40
            Living
            • Combined W/Living
            • Size 3.35x5.40
            Master
            • Broadloom
            • 4 Pc Ensuite
            • Size 3.00x3.84
            Den
            • Broadloom
            • Size 2.16x2.68

            Buy & Receive up to $5,400


            FOR A LIMITED TIME ONLY

            This property qualifies for a cashback from ITRealty agents.

            ⚠ This is NOT a seller's cashback. This is a cashback paid out from the buyer agent commission and IS NOT offered by the property owner.

            Read more

            Cashback Rules


            Direct clients only

            This service is designated only for consumers not under a representation agreement with another realtor.

            Cashback amount

            A typical cashback amount will be up to 1% of the purchase price. Some conditions apply.

            When Paid

            The cashback is paid to you on closing, when you get possession of the purchased property.

            Cashback Calculator

            Location, Travel distances, Streetview

            30 min
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            commute Commute
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            Cedarwood, Markham Sales History More

            Cedarwood, Markham: Overall Sales Statistics for Condos
            Neighborhood Sales Statistics
            Neighborhood Rent Statistics
            Cedarwood, Markham: Detailed Sales & Rent Statistics for Condos

            Cedarwood, Markham AIDA Analytics

            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Markham Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (81 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 2 to 3 properties like that to be sold in Cedarwood during the next 30 days.
            Seasonal sales fluctuation is showing 82% inventory increase comparing to the average annual number, which is equvalent to 0.92 properties sold per month, and 67% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 3 days, which is 12 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing -46% D.O.M. decrease comparing to the average annual number, which is equvalent to 27 D.O.M., and -40% decrease comparing to the last six months indicating significantly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 1.88% below its asking price in Cedarwood.
            The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in Cedarwood.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4486289 Comparative Market Analysis
            Comparable properties in Cedarwood sold over the last 6 months
            Date MLS Address Br • Bath Sq.ft. D.O.M. Asked for Sold for Price Diff %
            2019-02-05 N4310595 7325 Markham Rd 2 • 2 900-999 73 $529,800 $515,000 -2.79%
            2019-03-18 N4380939 7325 Markham Road 2 • 2 1200-1399 6 $588,500 $575,000 -2.29%
            2019-04-08 N4392899 7325 Markham Rd 3 • 2 1000-1199 14 $569,900 $556,000 -2.44%
            2019-04-24 N4389061 7325 Markham Road 1 • 2 900-999 34 $474,999 $472,000 -0.63%
            2019-05-24 N4447167 7325 Markham Road 2 • 2 900-999 13 $539,000 $520,000 -3.53%
            2019-05-28 N4457140 7325 Markham Road 1 • 1 700-799 7 $449,900 $449,990 0.02%

            Schools and Ratings

            Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            School Type Program Language Fraser Rating EQAO Rating Distance
            Sir Richard W. Scott CES 90 Roxbury St, Markham, ON L3S 3S8, Canada Catholic Elementary English 8.4/10 86/100 1km 389m
            St. Vincent de Paul CES 50 Featherstone Ave, Markham, ON L3S 2H4, Canada Catholic Elementary English 6.1/10 72/100 1km 610m
            Boxwood P.S. 30 Boxwood Crescent, Markham, ON L3S 3P7, Canada Public Elementary English n/a 77/100 1km 70m
            Cedarwood P.S. 399 Elson St, Markham, ON L3S 4R8, Canada Public Elementary English 7.6/10 82/100 0km 730m
            Coppard Glen P.S. 131 Coppard Ave, Markham, ON L3S 2T5, Canada Public Elementary English 6.7/10 85/100 1km 679m
            Ellen Fairclough P.S. 33 Brando Avenue, Markham, ON L3S 4K9, Canada Public Elementary English 7.3/10 75/100 0km 360m
            Markham Gateway P.S. 30 Fonda Road, Markham, ON L3S 3X3, Canada Public Elementary English 7.4/10 81/100 0km 710m
            Parkland P.S. 18 Coxworth Ave, Markham, ON L3S 3B8, Canada Public Elementary English 7.8/10 79/100 1km 50m
            Summary
            Rating Fraser Rating EQAO Rating
            Lowest 6.10 / 10 72 / 100
            Highest 8.40 / 10 86 / 100
            Average 7.3 / 10 80 / 100

            Demographics & Housing Statistics

            $5,900 Cashback
            $588,000
            1+1br 2ba 900-999sf

            Prop Tax

            $n/a

            Condo Fee

            $n/a

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            47

            Compare n/a

            More Details

            This Is An Assignment Sale In Sold Out Cornell Condos - A Mattamy Community. New Infrastructure, Close To Many Amenities. Warm Contemporary Living, Plus The Richness That Community Can Offer. Inclusion Of Common Spaces Like A Modern Fitness Centre, An Entertainment Rm & An Outdoor Barbecuing Area. Suites Are Invitingly Wide & Bright, And Feature A Retractable, Solarium-Style Window Enclosure On Every Balcony That Encourages You To Maximize Square Footage.