8323 Kennedy Rd 725
Village Green-South Unionville, Markham, L3R 5W7
FOR SALE
$625,000
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Property Description
Experience upscale living in the heart of Markham at The Residences at South Unionville Square. This 1-bedroom condo unit boasts a spacious 9 ft ceiling, providing an open and inviting atmosphere. Nestled in the vibrant centre of Unionville, this exquisite property offers immediate access to the Mall at South Unionville Square and T&T Supermarket, just steps from your doorstep. Within the vicinity, you'll discover a wealth of dining, shopping, and entertainment options, all effortlessly within reach. Whether you're seeking a convenient lifestyle or a thriving community, this condo offers the perfect blend of luxury and accessibility. Don't miss your chance to make it your new home! Plus, it's within walking distance of the York University Markham Campus.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-18 | 2024-01-21 | 34 | $625,000 | - | Terminated |
| 2024-01-16 | 2024-01-18 | 2 | $2,300 | $2,300 | Leased |
| 2023-10-23 | 2023-12-31 | 69 | $2,400 | - | Expired |
Nearby Intersections
Kennedy & Highway 7 (11)
Property Features
Clear View, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,898 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Flat | 9.32' x 13.16' | Broadloom, Large Closet, Large Window |
| Living | Flat | 10.01' x 14.24' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 10.01' x 14.24' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Flat | 10.01' x 11.42' | Stainless Steel Appl, Granite Counter, Tile Floor |
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Markham Market Statistics
Markham Price Trend
8323 Kennedy Rd 725 is a 1-bedroom 1-bathroom condo listed for sale at $625,000, which is $28,184 (4.7%) higher than the average sold price of $596,816 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Markham declined by $19,143 (3.1%) compared to the previous 30 day period (November 19 - December 18) and down $17,828 (2.9%) from the same time one year ago.Inventory Change
There were 52 1-bedroom condos listed in Markham over the last 30 days (December 19 - January 17), which is up 10.6% compared with the previous 30 day period (November 19 - December 18) and up 126.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Markham typically sold ($1,908) (0.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $13,058 increase compared to the previous 30 day period (November 19 - December 18) and ($14,388) 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 1-bedroom condos in Markham over the last 30 days (December 19 - January 17) stood at 23.1%, down from 57.4% over the previous 30 days (November 19 - December 18) and down from 117.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Markham stood at 32 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Superstars Realty Ltd.
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