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Property Description
2 years new luxury semi-detached home located at Cedardwood community. 4 spacious bedrooms & 3 bathrooms on 2nd flr. 9ft ceiling on main & 2nd floor. Solid oak flooring throughout. Upgraded lighting fixtures w/lots of pot lights(dimmable). Modern open concept kitchen w/large centre island, quartz counter & back splash. Stainless steel appliances. Partially finished basement w/German vinyl flooring & extra washer. Side entrance door by builder. Interlocking driveway offers 2 outdoor parkings. landscaped backyard w/fence, interlocking, flower bed & garden shed. Close to hwy 407, public transit, Costco, grocery stores, home depot & restaurants. Surrounded by top schools.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-21 | 2025-01-18 | 28 | $1,238,880 | - | Terminated |
| 2022-07-31 | 2022-08-23 | 24 | $3,380 | $3,280 | Leased |
Extras
Upgraded lighting fixtures. All window coverings. Gas furnace. Air conditioner. Stainless steel fridge, electric range, hood fan, dish washer. 2 washers & 1 dryer. Garage door opener. Nest door bell. Smart thermostat.
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
25' x 91'
Fronting
East
Taxes
$4,661 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 9.84' x 19.55' | Hardwood Floor, Sliding Doors, W/O To Yard |
| Kitchen | Ground | 8.50' x 20.96' | Ceramic Floor, Centre Island, Quartz Counter |
| Dining | Ground | 9.84' x 10.17' | Ceramic Floor, Large Window |
| Prim Bdrm | 2nd | 15.65' x 11.55' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 10.04' x 8.99' | Hardwood Floor, Window, Closet |
| 3rd Br | 2nd | 9.84' x 8.92' | Hardwood Floor, Semi Ensuite, Closet |
| 4th Br | 2nd | 13.06' x 9.68' | Hardwood Floor, Semi Ensuite, Closet |
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Markham Market Statistics
Markham Price Trend
8 Reign Lane is a 4-bedroom 4-bathroom home listed for sale at $1,090,000, which is $517,683 (32.2%) lower than the average sold price of $1,607,683 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Markham declined by $29,240 (1.8%) compared to the previous 30 day period (November 19 - December 18) and down $67,340 (4.0%) from the same time one year ago.Inventory Change
There were 91 4-bedroom homes listed in Markham over the last 30 days (December 19 - January 17), which is up 18.2% compared with the previous 30 day period (November 19 - December 18) and up 82.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Markham typically sold ($17,928) (1.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $14,895 decrease compared to the previous 30 day period (November 19 - December 18) and ($37,772) 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 4-bedroom homes in Markham over the last 30 days (December 19 - January 17) stood at 51.6%, down from 75.3% over the previous 30 days (November 19 - December 18) and down from 94.0% 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 36 days when successfully sold over the last 30 days (December 19 - January 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with First Class Realty Inc.
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