55 Herbert Wales Cres

FOR SALE
$2,188,000
55 Herbert Wales Cres, Markham
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
11 + 1
ROOMS
N11976716
MLSID
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Property Description
Welcome To The Monarch Built Architectural Award Winning Memoir Design In Sought After Area Of Markham. Approx 5531sqft Living Area Per MPAC (3805SqFt 1st & 2nd Flr + 1726SqFt Bsmt Area). The Bright Home Has Been Artfully Designed & Decorated, Featuring Modern Design & Superior Quality & Workmanship. Bright Natural Light Streams Thru Oversized Windows Creating A Cheerful And Welcoming Atmosphere,Mirage Hardwood Flooring Thru Main Floor, Rarely Found 18Ft High Ceilings In Dining Room, Smooth Ceilings On Ground Flr With Amples Of Pot Lights. Gourmet Chefs Kitchen W/ Designer Picked Granite Countertops & Custom Backsplash, Large Centre Island With Six Pots And Pans Drawers. The Designer-Crafted Custom Cabinetry, Highlighting Exquisite Craftsmanship, Extended Cabinet To The Breakfast Area Provides More Hidden Storage. Spacious Breakfast Area W/ An Oversized Sliding Door & Effortless Walkout To A Beautifully Landscaped Backyard Oasis. Main Floor Ofce W/ B/I Shelf & 2-Way Fireplace. Whole-Home Built-In Speaker System For Immersive Sound And Effortless Entertainment. A Stylish Wet Bar With Built-In Shelving Great For Entertaining Or Creating A Cozy Coffee Nook. 2 Large Ensuites & 2 Semi-Ensuite Bedrooms On The 2nd Flr Offers Options Of All Spaces For Your Families And Guests To Rest. Primary Bedroom Is More Than Just A Space For Sleeping, The 5Pc Ensuite Features A Spacious Layout With Sleek, Modern Finishes. Spacious Basement Recreation Room Is Perfect For Family Movie Nights Or Lively Holiday Parties. The Stylish Wet Bar Provides Ample Space To Store Your Favorite Bottles. The Gym Room Offering A Spacious Workout Environment. After A Challenging Workout Or A Calming Stretch, The 3-Piece Bathroom In The Basement Offers The Ultimate Relaxation. Over S60K Spent On Landscaping & The Entire Backyard With Interlocking Pavers For The Patio And River Rock Landscaping, Offers A Seamless Blend Of Style And Functionality. You Will Like It!
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
46' x 99'
Fronting
North
Taxes
$8,839 (2025)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround11.48' x 16.47'Hardwood Floor, Built-In Speakers, W/O To Garden
DiningGround12.01' x 15.49'Hardwood Floor, Pot Lights, W/O To Garden
FamilyGround12.01' x 16.47'Hardwood Floor, Pot Lights, Built-In Speakers
KitchenGround12.99' x 12.99'Stainless Steel Appl, Custom Backsplash, Centre Island
BreakfastGround12.99' x 12.99'B/I Shelves, Hardwood Floor, Sliding Doors
OfficeGround8.99' x 11.98'2 Way Fireplace, Hardwood Floor, B/I Shelves
Prim Bdrm2nd12.99' x 19.98'5 Pc Ensuite, W/I Closet, Large Window
2nd Br2nd12.01' x 12.99'4 Pc Ensuite, Large Closet, Large Window
3rd Br2nd13.32' x 15.98'Semi Ensuite, Large Closet, Large Window
4th Br2nd13.98' x 16.01'Semi Ensuite, Large Window, W/I Closet
RecBsmt22.01' x 27.99'Window, Combined W/Great Rm, Wet Bar
5th BrBsmt10.99' x 12.30'3 Pc Bath, Laminate, Large Window
Markham Market Statistics
Markham Price Trend
55 Herbert Wales Cres is a 4-bedroom 5-bathroom home listed for sale at $2,188,000, which is $472,772 (27.6%) higher than the average sold price of $1,715,228 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Markham increased by $97,445 (6.0%) compared to the previous 30 day period (December 22 - January 20) and down $79,047 (4.4%) from the same time one year ago.
Inventory Change
There were 145 4-bedroom homes listed in Markham over the last 30 days (January 21 - February 19), which is up 54.3% compared with the previous 30 day period (December 22 - January 20) and up 29.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Markham typically sold ($17,247) (1.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,337 increase compared to the previous 30 day period (December 22 - January 20) and $87,337 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 4-bedroom homes in Markham over the last 30 days (January 21 - February 19) stood at 29.7%, down from 43.6% over the previous 30 days (December 22 - January 20) and down from 61.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Markham stood at 25 days when successfully sold over the last 30 days (January 21 - February 19), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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