40 New Port Way

Thornhill, Markham, L3T 5G4
FOR SALE
$898,000
40 New Port Way, Markham
40 New Port Way
40 New Port Way
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
6
ROOMS
N11966811
MLSID
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Property Description
** Offers Anytime ** Most Affordable SEMI-DETACHED in all of Markham Thornhill! This RARE 3+1 Bed, 4 Bath Condo Semi is Located in One of The Most Peaceful & Desirable Neighborhoods w/ a Prime School Zone in the Heart of Thornhill. A Great Opportunity for a Growing Family. Exceptional Future Potential and Highly Desirable to Future Investors & Developers Due to the Rare Property Type & Location Potential. Great Basement Rental Opportunity Includes - Spacious Bedroom, 3 Pc Bath, Kitchenette, Living & Dining Room. Boasting Great Sized Bedrooms Upstairs, Spacious Living & Dining Room and a Kitchen w/ a Thoughtful Layout. Conveniently Situated Directly Across From Visitor Parking, Making it Ideal for Accommodating Guests. Whole Complex Was Refurbished by the Builder in 2012. Prime School Zone: Thornhill SS, St. Roberts Catholic High School, Westmount Collegiate Institute, Henderson Public School (Gifted Program), & Alexander Mackenzie High School (IB Program). Just Steps to Public Transport, Stores, Restaurants, Green Space/Parks & Yonge St and a Few Mins Drive to Hwy 407 & 404, Thornhill Community Centre, Thornhill Square Shopping Centre and Centerpoint Mall & More! Don't Miss This Rare Chance To Own A Well-Priced Semi In Markham Before The Market Picks Up!
Extras
ELFS & Window Coverings. POTL Fees Include Lawn Mowing & Snow Removal.
Nearby Intersections
Property Details
Community
Property Type
Semi-Det Condo, 2-Storey
Approximate Sq.Ft.
1400-1599
Taxes
$3,314 (2024)
Basement
Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Parking Spaces
2
Parking 1
Exclusive
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround10.07' x 21.75'Laminate, Combined W/Dining, Large Window
DiningGround10.07' x 21.75'Laminate, Combined W/Living, Large Window
KitchenGround8.83' x 8.99'Ceramic Floor, Eat-In Kitchen, Large Window
BreakfastGround7.97' x 8.83'Ceramic Floor, W/O To Yard
Prim Bdrm2nd11.98' x 13.65'Broadloom, 2 Pc Ensuite, Large Window
2nd Br2nd9.48' x 10.43'Broadloom, Closet, Large Window
3rd Br2nd9.91' x 11.48'Broadloom, Closet, Large Window
4th BrBsmt9.84' x 11.48'Laminate, Closet
Markham Market Statistics
Markham Price Trend
40 New Port Way is a 3-bedroom 4-bathroom townhome listed for sale at $898,000, which is $147,189 (14.1%) lower than the average sold price of $1,045,189 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in Markham declined by $34,609 (3.2%) compared to the previous 30 day period (December 22 - January 20) and down $110,744 (9.6%) from the same time one year ago.
Inventory Change
There were 75 3-bedroom townhomes listed in Markham over the last 30 days (January 21 - February 19), which is up 53.1% compared with the previous 30 day period (December 22 - January 20) and up 13.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Markham typically sold $717 (0.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $4,621 increase compared to the previous 30 day period (December 22 - January 20) and $46,995 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 townhomes in Markham over the last 30 days (January 21 - February 19) stood at 29.3%, down from 32.7% over the previous 30 days (December 22 - January 20) and down from 62.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Markham stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Excel Realty Ltd.
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