trreb/IMG-N9272040_1.jpg
115 days on Market

9 Meadowview Ave, Markham, Ontario L3T 1K5

Detached
2 + 3
4
- sqft
$5,900,000
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Detached
2 + 3
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$25,338/mo

Tax Amount (2024)$7,077/yr

Days On Market115 days


Description

Prime Investment Opportunity in a High-Demand Area! Discover the exceptional potential of this fully renovated bungalow, ideally situated at the bustling intersection of Yonge St. and Meadowview,directly across from the CarHub North York and World On Yonge Buildings, and adjacent to the popular Golden Star Burger. This property offers immediate comfort with a sun-filled living room, a spacious private backyard, two bedrooms, a 4pc Jack and Jill bathroom, and a convenient powder room. The separate basement entrance reveals additional value with three bedrooms, 1.5 bathrooms, and a kitchen, perfect for extended families or rental income. Strategically positioned a short walk from the future Steeles subway station part of the Yonge North Subway Extension this property is poised to benefit from the area's significant growth and intensification. Investors and developers will appreciate the development potential, while residents will enjoy easy access to public transit,schools, shopping,


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size6,250 SqFt(125 x 50)
Parking Spaces6
MLS ®NumberN9272040
Community NameThornhill
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Living

4.20 x 4.50


Features

Lot size: 6,250 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 5

Total parking spaces 6


Property listed by RE/MAX REALTRON REALTY INC., Brokerage

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Market Data - Thornhill

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

83 days

Compared to

2023

43 days

2022

47 days

2021

19 days

New Listings

Past 30 days

28 listings

Compared to

2023

18 listings

2022

18 listings

2021

14 listings

Units sold

Past 30 days

1 unit

Compared to

2023

4 units

2022

4 units

2021

7 units

Median Sold Price

Past 30 days

$1,300,000

Compared to

2023

$1,767,500

2022

$2,135,400

2021

$1,650,000


Population and Demographics

Overview

Total population 11038
Average household income $154,945

Age (%)

50 to 64
22%
20 to 34
20%
35 to 49
20%
65 and plus
20%
0 to 19
18%

Household composition (%)

Single family
66%
Single person
27%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
39%
Iranian Persian
18%
Korean
10%
Mandarin
9%
Yue (Cantonese)
5%
Russian
5%
Tagalog (Pilipino, Filipino)
4%
Others
2%
Italian
2%
Persian (Farsi)
2%

House tenancy (%)

Owners
68%
Renters
32%

Schools and amenities

Estimated Budget