48 Pike Lane

Cornell, Markham, L6B 1G3
FOR SALE
$999,000
48 Pike Lane, Markham
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
8
ROOMS
N11894498
MLSID
Contact Us
Property Description
Stunning Quality Freehold Townhouse located In High Demanded Cornell Community. Double Car Garage, Hardwood Floor Throughout Main Floor, Moderm Kitchen with Backsplash And Eat-in Area,Servery between Kitchen and Dining Room.3 Brs are Spacious,Primary Br with 4 pc Ensuite and Walk-in Closet.professionally Finished Bsmt with 1 Bedroom and Creation Area. Interlocked Backyard Etc.Mins To MS Hospital, 407, Go Train, Park,School,Shoppings and more.
Nearby Intersections
Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, School
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
20' x 102'
Fronting
West
Taxes
$4,429 (2024)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain9.84' x 18.34'Hardwood Floor, Combined W/Dining
DiningMain9.84' x 18.34'Hardwood Floor, Combined W/Living
FamilyMain9.84' x 13.68'Hardwood Floor, Open Concept, Large Window
KitchenMain8.56' x 8.99'Ceramic Floor, Backsplash
BreakfastMain8.50' x 11.98'Ceramic Floor, Eat-In Kitchen
Prim Bdrm2nd12.66' x 17.65'Broadloom, 4 Pc Ensuite, W/I Closet
2nd Br2nd9.09' x 12.34'Broadloom, Closet, Window
3rd Br2nd9.09' x 12.37'Broadloom, Closet, Window
Markham Market Statistics
Markham Price Trend
48 Pike Lane is a 3-bedroom 4-bathroom townhome listed for sale at $999,000, which is $145,735 (12.7%) lower than the average sold price of $1,144,735 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 3 bedroom townhome in Markham increased by $86,043 (8.1%) compared to the previous 30 day period (October 18 - November 16) and up $27,239 (2.4%) from the same time one year ago.
Inventory Change
There were 37 3-bedroom townhomes listed in Markham over the last 30 days (November 17 - December 16), which is down 57.0% compared with the previous 30 day period (October 18 - November 16) and up 27.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Markham typically sold ($9,428) (0.8%) below asking price over the last 30 days (November 17 - December 16), which represents a $4,310 decrease compared to the previous 30 day period (October 18 - November 16) and ($10,165) 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 townhomes in Markham over the last 30 days (November 17 - December 16) stood at 110.8%, up from 67.4% over the previous 30 days (October 18 - November 16) and up from 103.4% 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 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Mehome Realty (Ontario) Inc.
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