7871 Ninth Line

Box Grove, Markham, L6B 1A8
FOR SALE
$1,399,900
7871 Ninth Line, Markham
7871 Ninth Line
7871 Ninth Line
7871 Ninth Line
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7871 Ninth Line
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
N9302311
MLSID
Contact Us
Property Description
Nestled In The Heart Of Markham, This Expansive Property Boasts A Large, Buildable Lot Measuring 98 Feet By 164.98 Feet. Discover The Charm Of This Freshly Painted 4-Bedroom, 2-Bathroom Heritage Home Set On A Generously Sized Lot. Perfect For Families Or Investors, This Property Presents A Unique Opportunity To Build An Extension Or An Additional Dwelling, With Potential For Severance To Enhance Its Value And Versatility. Detailed Zoning Information Is Available In The Attached Documents To Help You Explore The Full Potential Of This Exceptional Property. Don't Miss The Chance To Transform This Into Your Dream Home Or Next Project. Explore The Possibilities Today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-18 2024-08-13 92 $1,599,900 - Expired
2024-04-17 2024-05-18 31 $1,249,900 - Terminated
Extras
Municipal Water, Gas, Electricity & Septic (Septic there is a possibility to convert to city) *Hertiage Property*
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
98' x 165'
Acreage
.50-1.99
Fronting
East
Taxes
$4,487 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain10.99' x 14.99'
LivingMain13.98' x 17.98'
BrMain8.99' x 11.98'
BrMain8.99' x 9.97'
Br2nd9.88' x 12.99'
Br2nd10.04' x 11.35'
Markham Market Statistics
Markham Price Trend
7871 Ninth Line is a 4-bedroom 2-bathroom home listed for sale at $1,399,900, which is $361,141 (20.5%) lower than the average sold price of $1,761,041 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in Markham declined by $42,167 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $37,108 (2.1%) from the same time one year ago.
Inventory Change
There were 215 4-bedroom homes listed in Markham over the last 30 days (August 16 - September 14), which is up 38.7% compared with the previous 30 day period (July 17 - August 15) and up 27.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Markham typically sold ($14,502) (0.8%) below asking price over the last 30 days (August 16 - September 14), which represents a $43,978 decrease compared to the previous 30 day period (July 17 - August 15) and $20,987 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 (August 16 - September 14) stood at 38.6%, down from 47.1% over the previous 30 days (July 17 - August 15) and down from 42.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Markham stood at 28 days when successfully sold over the last 30 days (August 16 - September 14), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Royal Properties Realty
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