5020 19th Ave
Rural Markham, Markham, L6C 1M4
FOR SALE
$6,090,000
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BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSN10425605
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Property Description
Excellent land banking opportunity for future development. Clean property Tenanted by reliable occupant (please do not disturb). Over 10 acres of pure agricultural land, free of forests and bodies of water. Tranquil countryside living near ongoing development in neighborhood, near foreseen growth and development potential. Greatly maintained family home sitting in flat, serene meadows
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-20 | 2024-01-20 | 61 | $5,998,000 | - | Expired |
Extras
Land banking. All information and measurements to be confirmed by Buyer.
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Property Details
Street
Community
City
Property Type
Rural Resid, Backsplit 4
Lot Size
327' x 1,347'
Acreage
10-24.99
Fronting
North
Taxes
$2,870 (2023)
Basement
Full
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
12
Driveway
Available
Garage Type
Attached
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Markham Market Statistics
Markham Price Trend
5020 19th Ave is a 3-bedroom 2-bathroom home listed for sale at $6,090,000, which is $4,776,516 (363.7%) higher 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 2-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 Living Realty Inc.
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