56 Liam Lane

Cedarwood, Markham, L3S 0E8
FOR SALE
$999,000
56 Liam Lane, Markham
56 Liam Lane
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 1
ROOMS
N9395417
MLSID
Contact Us
Property Description
Welcome to 56 Liam Lane! This exceptionally stunning 2 year old 4 bed and 4 bath 2 storey semi-detached home on an amazing Ravine Lot, is exactly what your family has been looking for! It is perfect for those seeking luxury and comfort. This bright home provides ample space for the entire family. The upgraded modern chef inspired kitchen is complete with stainless steel appliances and quartz countertops . The open concept main floor has 9-foot smooth ceiling, walk to the yard and luxurious hardwood floors that continue throughout the second level.The primary bedroom is a retreat, boasting generous space, a walk-in closet and a lavish 5-piece spa-inspired ensuite bathroom.The second floor also includes 3 additional bedroom and total of 3 baths. Elegant oak stairs with iron pickets enhance the home's sophisticated design. A separate entrance to the full basement offers flexibility and potential for rental income or an in-law suite. The basement is your canvas, you can design it the way you want it! Add Your Personal Touch, And You'll Have Your Perfect Home. Surrounded By Top-Rated York Region Schools. Close To Transit, 407, Costco, Home Depot, Parks, Shops, Restaurants and So Much More!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-13 2024-10-15 32 $1,139,990 - Terminated
2024-07-31 2024-09-06 37 $1,145,000 - Terminated
2024-06-13 2024-08-01 49 $1,240,000 - Terminated
2024-03-14 2024-04-22 39 $1,249,999 - Terminated
2024-02-15 2024-03-11 25 $1,350,000 - Terminated
Nearby Intersections
Property Details
Street
Community
Property Type
Semi-Detached, 2-Storey
Lot Size
25' x 88'
Fronting
South
Taxes
$4,921 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround11.58' x 19.19'Hardwood Floor, Combined W/Dining, Open Concept
DiningGround11.58' x 19.19'Hardwood Floor, Combined W/Living, Open Concept
KitchenGround7.58' x 17.98'Ceramic Floor, Quartz Counter, Breakfast Bar
BreakfastGround10.17' x 18.34'Ceramic Floor, O/Looks Living, W/O To Yard
Prim Bdrm2nd11.58' x 16.67'Hardwood Floor, W/I Closet, 5 Pc Ensuite
2nd Br2nd9.97' x 9.97'Hardwood Floor, B/I Closet, Window
3rd Br2nd9.02' x 9.97'Hardwood Floor, Semi Ensuite, Window
4th Br2nd8.79' x 9.97'Hardwood Floor, W/I Closet, Semi Ensuite
Markham Market Statistics
Markham Price Trend
56 Liam Lane is a 4-bedroom 4-bathroom home listed for sale at $999,000, which is $653,547 (39.5%) lower than the average sold price of $1,652,547 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Markham declined by $5,393 (0.3%) compared to the previous 30 day period (September 1 - September 30) and down $67,506 (3.9%) from the same time one year ago.
Inventory Change
There were 187 4-bedroom homes listed in Markham over the last 30 days (October 1 - October 30), which is down 18.7% compared with the previous 30 day period (September 1 - September 30) and up 8.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Markham typically sold ($1,304) (0.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $5,952 decrease compared to the previous 30 day period (September 1 - September 30) and $41,077 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 (October 1 - October 30) stood at 46.5%, up from 36.1% over the previous 30 days (September 1 - September 30) and up from 45.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Markham stood at 21 days when successfully sold over the last 30 days (October 1 - October 30), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc.
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