595 Riverlands Ave

Cornell, Markham, L6V 0V5
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595 Riverlands Ave, Markham
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5
BEDROOMS
5
BATHROOMS
2
KITCHENS
13
ROOMS
N8022322
MLSID
Contact Us
Property Description
Assignment Sale 5 Bedroom Detached Home In The Cornell Rouge Community By Madison Group, Part Of Markham's Most Successful Master- Planned Community. Currently Under Construction, The Cedar Ridge Model Elevation A- 3011SQFT Is a 4+1 Bedroom Coach House That Includes A Legal, Separate Accessory Dwelling On The 2nd Floor (Above The Garage) Complete With Its Own Entrance, Kitchen, Laundry, & Living Area, Perfect For In- Laws Or Generating Rental Income. Surrounded By The Nature Of Rouge Valley, Parks, Top Schools, Hospitals, Highway 407, Shops & More. 10' Ceiling On Main, 9' Ceiling On Second, Wolf & Sub Zero Appliances, Stained Oak Stairs, Taller Kitchen Upper Cabinets, Smooth Ceilings, Frameless Glass Shower Enclosure, Quartz Or Granite Countertop, Engineered Hardwood On Main, 8' High Interior Doors, Central AC, Value of Over $120,000. Motivated Seller.
Nearby Intersections
Property Features
Arts Centre, Hospital, Library, Rec Centre, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
30' x 90'
Fronting
South
Basement
Unfinished
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Markham Market Statistics
Markham Price Trend
595 Riverlands Ave is a 5-bedroom 5-bathroom home listed for sale at $2,180,000, which is $80,612 (3.8%) higher than the average sold price of $2,099,388 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in Markham declined by $239,425 (10.2%) compared to the previous 30 day period (February 26 - March 26) and up $87,513 (4.3%) from the same time one year ago.
Inventory Change
There were 34 5-bedroom homes listed in Markham over the last 30 days (March 27 - April 25), which is up 47.8% compared with the previous 30 day period (February 26 - March 26) and up 183.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Markham typically sold $120,431 (5.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $17,551 increase compared to the previous 30 day period (February 26 - March 26) and ($6,987) 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 5-bedroom homes in Markham over the last 30 days (March 27 - April 25) stood at 29.4%, down from 65.2% over the previous 30 days (February 26 - March 26) and down from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Markham stood at 11 days when successfully sold over the last 30 days (March 27 - April 25), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ferrow Real Estate Inc.
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