47 Washington St
Old Markham Village, Markham, L3P 2R4
FOR SALE
$2,100,000
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Property Description
A Development Opportunity In The Heart Of Historic Markham Village. Zoned R3 For Multiple Dwellings, Including Foreplex, Townhouses. This Unique Lot Makes Two Street Corners Featuring Frontage On Three Streets (See Survey). The House Fronting On Washington Street Has A Driveway Off Of Joseph Street, And A Garage With Entrance From Jerman Street. The Circa 1853 Heritage Home On The Corner Has Been Converted Into A Duplex In 1999 With Separate Heating & Ac For Each Of The 2 Spacious One-Bedroom Units.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-29 | 2022-12-31 | 185 | $2,200,000 | - | Expired |
Extras
2 Stoves, 2 Fridges, 2 Dishwashers, 1 Washer, 1 Dryer.
Nearby Intersections
Markham & Highway 7 (19)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
82' x 132'
Fronting
East
Taxes
$5,123 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | 2nd | 8.60' x 13.16' | Vinyl Floor, Centre Island, Open Concept |
| Living | 2nd | 18.96' x 11.48' | Broadloom, Combined W/Dining, W/O To Porch |
| Dining | 2nd | 18.96' x 11.48' | Broadloom, Combined W/Living, Pot Lights |
| Prim Bdrm | 2nd | 12.01' x 10.89' | Broadloom, Mirrored Closet, Window |
| Living | Main | 10.93' x 20.96' | Hardwood Floor, Crown Moulding, Combined W/Dining |
| Dining | Main | 10.93' x 20.96' | Hardwood Floor, Combined W/Living, Pot Lights |
| Kitchen | Main | 8.07' x 12.01' | Hardwood Floor |
| Prim Bdrm | Main | 12.40' x 11.65' | Hardwood Floor, Window, Closet |
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Markham Market Statistics
Markham Price Trend
47 Washington St is a 2-bedroom 2-bathroom home listed for sale at $2,100,000, which is $945,000 (81.8%) higher than the average sold price of $1,155,000 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Markham declined by $951,666 (45.2%) compared to the previous 30 day period (February 27 - March 27) and down $180,000 (13.5%) from the same time one year ago.Inventory Change
There were 3 2-bedroom homes listed in Markham over the last 30 days (March 28 - April 26), which is down 0.0% compared with the previous 30 day period (February 27 - March 27) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Markham typically sold ($124,000) (10.7%) below asking price over the last 30 days (March 28 - April 26), which represents a $114,700 decrease compared to the previous 30 day period (February 27 - March 27) and $91,050 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 2-bedroom homes in Markham over the last 30 days (March 28 - April 26) stood at 66.7%, down from 100.0% over the previous 30 days (February 27 - March 27) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Markham stood at 14 days when successfully sold over the last 30 days (March 28 - April 26), compared to 22 days before being removed from the market upon being suspended or terminated.Listing contracted with Times Realty Group Inc.
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