5108 Major Mackenzie Dr E
Rural Markham, Markham, L6C 1K6
FOR SALE
$8,880,000
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3
BEDROOMS3
BATHROOMS1
KITCHENS7 + 2
ROOMSN5967023
MLSIDContact Us
Property Description
Attention Developers And Investors! Just Under 10 Level Acres In The Rapidly Growing Markham Area. Property Next Door Currently Being Developed For Subdivision. Huge Potential For Future Development. Minutes To Hwy 404/407 And Angus Glen Community Centre/Golf Course. Zoned Rural Residential. Buyer To Do Own Due Diligence With Regards To Future Use Of The Property And Rezoning. Home Sold In As Is Condition. Do Not Walk The Property Without Listing Agent.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-11-21 | 2023-03-14 | 113 | $10,100,000 | - | Terminated |
Extras
Showings Inside The Home With Accepted Offer Only. All Chattels As-Is
Nearby Intersections
Property Features
Golf, Lake/Pond, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
331' x 1,303'
Fronting
North
Taxes
$8,076 (2022)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
None
Water
Well
Parking Spaces
5
Driveway
Private
Garage Type
Attached
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Markham Market Statistics
Markham Price Trend
5108 Major Mackenzie Dr E is a 3-bedroom 3-bathroom home listed for sale at $8,880,000, which is $7,467,157 (528.5%) higher than the average sold price of $1,412,843 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Markham increased by $16,341 (1.2%) compared to the previous 30 day period (February 19 - March 19) and up $22,620 (1.6%) from the same time one year ago.Inventory Change
There were 76 3-bedroom homes listed in Markham over the last 30 days (March 20 - April 18), which is down 22.4% compared with the previous 30 day period (February 19 - March 19) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Markham typically sold $124,638 (8.8%) above asking price over the last 30 days (March 20 - April 18), which represents a $18,868 increase compared to the previous 30 day period (February 19 - March 19) and $152,483 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 homes in Markham over the last 30 days (March 20 - April 18) stood at 97.4%, up from 63.3% over the previous 30 days (February 19 - March 19) and up from 82.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Markham stood at 13 days when successfully sold over the last 30 days (March 20 - April 18), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty, Brokerage
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