11 Gleason Ave
Markham Village, Markham, L3P 2B8
FOR SALE
$1,280,000
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Property Description
Large Shaped 191' x 80' Premium Lot At The End Of A Cul-De-Sac In The Heart Of Old Markham Village. Excellent Opportunity For Investors or Builders. This Lot Was Previously Approved By City Of Markham For Severance. Potential Double Lot To Build Two Homes! Walking Distance To Markham GO Station, Easy Access to Highways 407 and 404.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-12-17 | 2020-12-24 | 7 | $1,750 | $1,750 | Leased |
Nearby Intersections
Main & 16th Avenue (25)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
192' x 80'
Fronting
South
Taxes
$5,702 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Markham Market Statistics
Markham Price Trend
11 Gleason Ave is a 3-bedroom 1-bathroom home listed for sale at $1,280,000, which is $33,484 (2.5%) lower than the average sold price of $1,313,484 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Markham declined by $9,151 (0.7%) compared to the previous 30 day period (September 21 - October 20) and down $12,736 (1.0%) from the same time one year ago.Inventory Change
There were 74 3-bedroom homes listed in Markham over the last 30 days (October 21 - November 19), which is down 7.5% compared with the previous 30 day period (September 21 - October 20) and up 37.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Markham typically sold $66,697 (5.1%) above asking price over the last 30 days (October 21 - November 19), which represents a $41,319 increase compared to the previous 30 day period (September 21 - October 20) and $51,491 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 3-bedroom homes in Markham over the last 30 days (October 21 - November 19) stood at 58.1%, down from 66.2% over the previous 30 days (September 21 - October 20) and down from 81.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Markham stood at 15 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Elite Real Estate
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