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              For Sale 4 Days On Site

              #236 16 Elgin Street

              near Yonge & Clark
              $529,000 2+1bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $79,616
              Population Age
              43 y/old
              School Score
              7.93/10
              Price Index Change 1y
              +9.45%
              Price Index Change 3y
              -22.52%
              Rent Index Change 1y
              -6.19%
              Rent Index Change 3y
              -2.54%

              Condo Apt • 2-Storey #236 • 2 Level

              #236 16 Elgin Street, Thornhill, Markham
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure N
              • age n/a
              • locker Ensuite+
              • possession

                Tbd

              $529,000

              $1,936.00
              Tax yr: 2019

              $662.00/m

              CALCULATED NUMBERS:

              $1985.00

              calculator

              $2869

              5

              7.93/10

              Location Details
              • York

              • Markham

              • Thornhill

              • Yonge & Clark

              • L3T4T4

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

              ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

              Property Overview
              Spacious&Upgraded 2+1 Bdrm 2Storey Condo W/ Priv Terrace Overlooking Greenery! Very Quiet And Priv,Large Bdrms,Den On Main Lvl Can Be Used As A 3rd Bdrm. Huge Master Has Newly Installed Closet Organizers In Walk-In-Clst.$ Spent On A Sleek Modern Kchn With Qrtz Counter! Lots Of Storage Space In Clsts! Lndry Rm Has Newly Ss Washr/Dryr! Amzng Amenities -Indoor Pool,Sauna,Party Room &More! Family Friendly,Priv Playground! Viva Transit,Top Schools,Shopping Nearby
              Extras: Fridge, Stove, B/I Dishwasher, Microwave Hood Fan, All Light Fixtures, Washer & Dryer Dining Set & Sofa Set Is Sold For Additional Price (Optional) Locker Rental - $20 Monthly
              Video tour available. Click to watch.
              Property Features
              • Bbqs Allowed
              • Exercise Room
              • Indoor Pool
              • Party/Meeting Room
              • Sauna
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Map Row
              • Cable TV Included
              • CAC Included
              • Condo Taxes Included
              • Exposure
              • Fireplace/Stove
              • Seller Property Info Statement
              • Family Room
              • Central Vac
              Rooms details
              Living
              • Main Level
              • Parquet Floor
              • W/O To Balcony
              • Size 5.75x3.42
              Dining
              • Main Level
              • Parquet Floor
              • Size 2.49x2.40
              Kitchen
              • Main Level
              • Renovated
              • Stainless Steel Appl
              • Quartz Counter
              • Size 3.05x2.43
              Den
              • Parquet Floor
              • Window
              • Size 3.86x2.60
              Master
              • 2nd Level
              • Broadloom
              • Closet Organizers
              • W/I Closet
              • Size 5.16x3.22
              2nd Br
              • 2nd Level
              • Broadloom
              • Closet
              • Size 3.65x2.72
              Laundry
              • 2nd Level
              • Separate Rm
              • Stainless Steel Appl
              • Size 2.19x1.56
              Utility
              • 2nd Level
              • B/I Shelves
              • Size 2.63x1.80
              Basement
              • None
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              • Listing added to site: 2020-11-21 10:06:52
              • Last updated: 2020-11-21 10:12:24
              • Photos updated: 2020-11-21
              • Contract date: 2020-11-21
              • Input date: 2020-11-21
              • Expiry date: 2021-01-20
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • 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:

              236 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 2020-11-21. This unit is located at level 2 of the building and has North exposure of Elgin St. Condo registry office is YCC, corporation number 272.

              Lot Size and Living Area:

              236 16 Elgin Street has 6+0 rooms in total, including 2+1 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.

              Heating and Cooling:

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

              Listing Features:


              AIDA has also identified the following listing features: Swimming Pool, AIDA Recommended.

              Price & Cost Overview

              General:

              236 16 Elgin Street condo apt is listed for $529,000. Property tax for year 2019 was $1,936. And the monthly maintenance fee was $662.

              Comparative Market Analysis:

              There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $613,696.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,985, and total expenses, including the mortgage, property tax and maintenance, fee around $2,202, assuming $529,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 236 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 $1,086,784 Home Price Index, and $2,454 Home Rent 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 32 evaluated neighborhoods in city of Markham is $1,125,180, and average Home Rent Index $2,495.

              Similar Properties & Community Details:

              There are similar to 236 16 Elgin Street 2 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.

              236 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 (65 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 3 to 4 properties like that to be sold in Thornhill during the next 30 days.
              Seasonal sales fluctuation is showing 71% inventory increase comparing to the average annual number, which is equvalent to 1.75 properties sold per month, and 38% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 4 days, which is 8 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 31% D.O.M. increase comparing to the average annual number, which is equvalent to 9 D.O.M., and 22% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Thornhill.
              The selling to asking price ratio is declining in Thornhill.
              This property has been on the market for less than average number of days it takes a home to sell in Thornhill (12.4) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4996463 Comparative Market Analysis
              236 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 +9.45% comparig to the City of Markham average of +27.855%

              Price Index 3y

              Price Index change was -22.52% comparig to the City of Markham average of -1.095%

              Rent Index 1y

              Rent Index change was -6.19% comparig to the City of Markham average of +5.825%

              Rent Index 3y

              Rent Index change was -22.52% comparig to the City of Markham average of -1.095%

              Walkscore

              No sufficient data available

              Transitscore

              No sufficient data available

              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
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (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

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