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              #B 160 16 Elgin Street

              near Yonge/ Clark
              $579,000 3+0bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $79,616
              Population Age
              43 y/old
              School Score
              7.93/10
              Price Index Change 1y
              +15.55%
              Price Index Change 3y
              -20.39%
              Rent Index Change 1y
              n/a
              Rent Index Change 3y
              n/a

              Condo Apt • 2-Storey #B 160 • 1 Level

              #B 160 16 Elgin Street, Thornhill, Markham
              • Rooms and Bathrooms 3+0 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure S
              • age n/a
              • locker Ensuite+
              • possession

                30 Days

              $579,000

              $1,966.24
              Tax yr: 2020

              $662.00/m

              CALCULATED NUMBERS:

              $2173.00

              calculator

              $2550

              4

              63 Somewhat Walkable

              52 Good Transit

              55 Bikeable

              7.93/10

              Location Details
              • York

              • Markham

              • Thornhill

              • Yonge/ Clark

              • L3T4T4

              • Rm3

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ENGEL & VOLKERS TORONTO CENTRAL, BROKERAGE

              Property Overview
              Wonderful And Convenient Location On Yonge! This 3 Bedroom 2 Bath Condo In The Heart Of Thornhill. Freshly Painted Top To Bottom.Have Patio Access From The Living Room. Master Bedroom Has A Spacious Walk In Closet. Large Laundry Room On The Second Floor. Brand New Luxury Plank Flooring. Good Elementary And High School Nearby. Steps To Viva,Go,Hwy 7, 407 Etr, New To Be Built Yonge Subway Extension.
              Extras: Fridge, Stove, Washer, Dryer (2015) Is Included. Upstairs Washroom Renovated (2018).Windows And Patio Doors (2013) Ducts/Vents,A/C Cleaned (2020)
              Video tour available. Click to watch.
              Property Features
              • Golf
              • Library
              • Public Transit
              • Rec Centre
              • School
              • Brick
              • Bbqs Allowed
              • Exercise Room
              • Indoor Pool
              • Party/Meeting Room
              • Sauna
              • Visitor Parking
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Map Row
              • Cable TV Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Seller Property Info Statement
              • Family Room
              • Energy Certification
              • Green Property Information Statement
              • Central Vac
              Rooms details
              Kitchen
              • Main Level
              • Vinyl Floor
              • O/Looks Dining
              • Backsplash
              • Size 3.04x2.43
              Dining
              • Main Level
              • O/Looks Living
              • Vinyl Floor
              • Size 2.46x2.43
              Living
              • Main Level
              • Vinyl Floor
              • O/Looks Backyard
              • Size 3.35x6.05
              Laundry
              • 2nd Level
              • B/I Shelves
              • Size 2.67x1.47
              Master
              • 2nd Level
              • Broadloom
              • W/I Closet
              • Large Window
              • Size 2.94x5.79
              2nd Br
              • 2nd Level
              • Closet
              • Broadloom
              • Large Window
              • Size 2.81x3.73
              Basement
              • None
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              • Listing added to site: 2020-10-16 15:10:56
              • Last updated: 2020-10-23 00:35:51
              • Photos updated: 2020-10-16
              • Contract date: 2020-10-16
              • Input date: 2020-10-16
              • Expiry date: 2020-12-17
              • Closed date: 0000-00-00
              • Condition expiry date: 2020-10-24
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              B 160 16 Elgin Street is a condo apt 2-storey, located in Thornhill of city of Markham, York region, near Yonge/ Clark, and has been available for sale on CondosDirect since 2020-10-16. This unit is located at level 1 of the building and has South exposure of Elgin St. Condo registry office is YCC, corporation number 272.

              Lot Size and Living Area:

              B 160 16 Elgin Street has 6+0 rooms in total, including 3+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1000-1199 square feet.
              1.0 parking space(s) are owned and located undergrnd at level . The locker is ensuite+. An ensuite laundry is available at the unit. The Zoning is described as rm3, but we suggest you to confirm it with your realtor.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Golf, Library, Public Transit, Rec Centre, School at, or near the property.
              AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, AIDA Recommended.

              Price & Cost Overview

              General:

              B 160 16 Elgin Street condo apt is listed for $579,000. Property tax for year 2020 was $1,966. And the monthly maintenance fee was $662.

              Comparative Market Analysis:

              There are similar 3+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $616,051.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,173, and total expenses, including the mortgage, property tax and maintenance, fee around $2,392, assuming $579,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for B 160 16 Elgin Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Thornhill, where 16 Elgin Street is located, has $1,137,931 Home Price Index. Average household income at dissemination area of 16 Elgin Street is $79,616, and average polulation age is 43 years old.
              Average Home Price Index among 31 evaluated neighborhoods in city of Markham is $1,107,693, and average Home Rent Index $2,494.

              Similar Properties & Community Details:

              There are similar to B 160 16 Elgin Street 3 bedr condo apt condos listed For Sale and For Rent in city of Markham.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 16 Elgin Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Thornhill neighborhood in city of Markham.

              Schools:

              There are at least 3 school(s) located near 16 Elgin Street, or schools, which boundaries this address belongs to with an average School Score 7.93 out of 10. Here are more details about these schools:
              1. Woodland Public School FI, Public, Elementary, ranked as Excellent.
              2. E.J. Sand Public School, Public, Elementary, ranked as Good.
              3. Thornhill S.S., Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 63, 52, and 55 accordingly, location of 16 Elgin Street overall can be described as Somewhat Walkable, Good Transit, and Bikeable.

              B 160 16 Elgin Street Listings History Powered by AIDA
              Thornhill, Markham Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Markham Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (67 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 2 to 3 properties like that to be sold in Thornhill during the next 30 days.
              Seasonal sales fluctuation is showing 50% inventory increase comparing to the average annual number, which is equvalent to 1.33 properties sold per month, and 33% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 7 days, which is 1 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing -20% D.O.M. decrease comparing to the average annual number, which is equvalent to 10 D.O.M., and -7% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 2.72% above its asking price in Thornhill.
              The selling to asking price ratio is growing in Thornhill.
              This property has been on the market for less than average number of days it takes a home to sell in Thornhill (8.3) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4956385 Comparative Market Analysis
              B 160 16 Elgin Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Thornhill, Markham, to the City of Markham for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +15.55% comparig to the City of Markham average of +13.435%

              Price Index 3y

              Price Index change was -20.39% comparig to the City of Markham average of -1.09%

              Rent Index 1y

              No sufficient data available

              Rent Index 3y

              Rent Index change was -20.39% comparig to the City of Markham average of -1.09%

              Walkscore

              Walkscore 63 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 52 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.93 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
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              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $9,000 Cashback
              $599,000
              3br 2ba 1000-1199sf

              Prop Tax

              $1,859

              Condo Fee

              $662

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              63

              Compare$624,166

              $9,400 Cashback
              $629,900
              3br 2ba 1000-1199sf

              Prop Tax

              $1,909

              Condo Fee

              $662

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              63

              Compare$624,166

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