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3 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 4
ROOMSN11937591
MLSIDContact Us
Property Description
Discover this charming family home nestled in the heart of Markham, offering the perfect blend of comfort, convenience, and investment potential. Prime Location: Close to top-rated schools (Markville SS and Central Park PS), Markville Mall, supermarkets, and all the amenities Markham has to offer; easy access to public transportation and major highways for effortless commuting. Income Potential: The newly renovated basement apartment with a separate entrance and walkout to the backyard offers a fantastic opportunity for rental income or accommodating extended family. Move-in Ready: Updated and meticulously maintained, this home is ready for you to simply unpack and enjoy! Recent upgrades include new windows (2024), heat pump (2024), kitchens (2023 & 2024), and roofing (2022). Hot water tank owned.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-06-05 | 2019-07-04 | 29 | $799,000 | $771,000 | Sold |
Extras
Hot Water Tank Owned.
Nearby Intersections
McCowan & Highway 7 (23)
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Property Details
Street
Community
City
Property Type
Link, 2-Storey
Lot Size
30' x 110'
Fronting
West
Taxes
$4,763 (2024)
Basement
Apartment, Fin W/O
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Markham Market Statistics
Markham Price Trend
85 Madsen Cres is a 3-bedroom 3-bathroom home listed for sale at $1,218,000, which is $86,000 (6.6%) lower than the average sold price of $1,304,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Markham increased by $13,487 (1.0%) compared to the previous 30 day period (November 19 - December 18) and down $76,129 (5.5%) from the same time one year ago.Inventory Change
There were 43 3-bedroom homes listed in Markham over the last 30 days (December 19 - January 17), which is down 17.3% compared with the previous 30 day period (November 19 - December 18) and up 115.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Markham typically sold ($1,731) (0.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $40,815 decrease compared to the previous 30 day period (November 19 - December 18) and $49,394 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 3-bedroom homes in Markham over the last 30 days (December 19 - January 17) stood at 55.8%, down from 73.1% over the previous 30 days (November 19 - December 18) and down from 115.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Markham stood at 31 days when successfully sold over the last 30 days (December 19 - January 17), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Wanthome Realty Inc.
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