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Property Description
Welcome to 86 Morgan Avenue, a stunning detached home nestled in the heart of Thornhill. This exquisite property offers the perfect blend of modern luxury and classic charm, set on a generous pool-sized 50X130 feet lot that provides endless possibilities for outdoor living and entertaining. This beautifully maintained home boasts a spacious and well-designed layout, featuring 3+3 bedrooms and 3 bathrooms, perfect for growing families or those who love entertaining. The heart of the home is always a kitchen, recently upgraded to include brand-new countertops, and high-end stainless steel appliances from 2022/2023. This property offers development potential for those looking to maximize its value. Consider the option to build a brand-new 2-3 storey home or develop two Semi-Detached homes, ideal for multi-generational families or investors seeking a versatile living arrangement.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-03-03 | 2022-03-24 | 21 | $1,950 | $1,900 | Leased |
Extras
The legal separate entrance basement apartment is currently rented for $1900/month. It features 3 spacious bedrooms, 2 bathrooms, and an open-concept living and dining area ensure comfort and style. Nicely renovated!
Nearby Intersections
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 130'
Fronting
South
Taxes
$6,199 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 12.43' x 13.62' | |
| Living | Main | 12.60' x 18.54' | |
| Kitchen | Main | 12.37' x 12.34' | |
| Prim Bdrm | Main | 9.91' x 12.07' | |
| Office | Main | 12.07' x 8.27' | |
| Living | Bsmt | 10.63' x 14.14' | |
| Kitchen | Bsmt | 10.63' x 7.74' | |
| Prim Bdrm | Bsmt | 12.76' x 10.86' | |
| Br | Bsmt | 10.63' x 10.53' |
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Markham Market Statistics
Markham Price Trend
86 Morgan Ave is a 3-bedroom 3-bathroom home listed for sale at $1,850,000, which is $536,516 (40.8%) higher than the average sold price of $1,313,484 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Markham declined by $9,151 (0.7%) compared to the previous 30 day period (September 21 - October 20) and down $12,736 (1.0%) from the same time one year ago.Inventory Change
There were 74 3-bedroom homes listed in Markham over the last 30 days (October 21 - November 19), which is down 7.5% compared with the previous 30 day period (September 21 - October 20) and up 37.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Markham typically sold $66,697 (5.1%) above asking price over the last 30 days (October 21 - November 19), which represents a $41,319 increase compared to the previous 30 day period (September 21 - October 20) and $51,491 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 3-bedroom homes in Markham over the last 30 days (October 21 - November 19) stood at 58.1%, down from 66.2% over the previous 30 days (September 21 - October 20) and down from 81.5% 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 15 days when successfully sold over the last 30 days (October 21 - November 19), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
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