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    8 - 50 Orchid Place Dr

    For SaleDaniels FirstHome Markham Sheppard
    $657,000
    Price Increase: $599,000
    2 Beds
    2 Bath
    1 Parking
    800 - 899 SQFT
    60 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $396/mth
    Taxes:
    $2,332 (2024)
    Cost Per Sqft:
    $731 - $821/sqft
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    East
    Possession Date:
    To Be Determined
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Open Concept
    10.24 x 14.83ft
    Dining
    Laminate, Combined with Kitchen
    8.4 x 4.72ft
    Kitchen
    Laminate, Combined with Dining
    8.4 x 4.72ft

    About this Listing

    A Buyer's Delight! Newly built 2 Bed 2 Bath Condo Townhouse with Parking in a Highly Sought After Location! Mins To Hwy 401/STC, Close To Centennial College, Elementary schools, Parks, Public Transit, Walk To Shops & Grocery. NO carpet - Open concept living - Nothing To Do But Move In & Enjoy!.

    ExtrasStainless Steel Appliances: Fridge, Stove, D/W. Washer & Dryer. 1 Parking, Amenities : Gym, Party Rm,,..Etc

    right at home realtyMLS® #E9365715


    Amenities

    Party Room
    Gym Room
    Bike Storage
    Visitor Parking

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    13,439
    Average Individual Income
    $61,171
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $110,681
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    21%
    65+
    19%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    50%
    High Rise Apartment
    23%
    Semi Detached
    12%
    Duplex
    9%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    72%
    Other
    10%
    Tamil
    6%
    Cantonese
    4%
    Mandarin
    3%
    Tagalog
    2%
    Urdu
    2%
    Punjabi
    1%
    Education
    High School
    28%
    University and Above
    26%
    College
    20%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    18%
    Health & Related Fields
    15%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Humanities
    3%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at Daniels FirstHome Markham Sheppard spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Malvern | White Haven

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 41 condos in the Malvern | White Haven area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    29
    Units were Rented over the past twelve months

    Best Value Rank

    Daniels FirstHome Markham Sheppard offers the
    ?
    N/A
    best value out of 41 condos in the Malvern | White Haven neighbourhood

    Appreciation Rank

    Daniels FirstHome Markham Sheppard has the
    ?
    N/A
    highest ROI out of 41 condos in the Malvern | White Haven neighbourhood

    Rental Yield

    Daniels FirstHome Markham Sheppard yields the
    ?
    N/A
    highest rent prices out of 41 condos in the Malvern | White Haven neighbourhood

    High Demand

    Daniels FirstHome Markham Sheppard is the
    ?
    N/A
    most popular building out of 41 condos in the Malvern | White Haven neighbourhood

    Transaction Insights at 20-70 Orchid Place Drive

    Studio1 Bed1 Bed + Den2 Bed3 Bed
    Price RangeNo Data$440,000 - $450,000$505,000 - $521,000$585,001 - $728,000$690,000 - $775,000
    Avg. Cost Per SqftNo Data$703$798$714$623
    Avg. Wait for Unit Availability206 Days71 Days47 Days30 Days487 Days
    Ratio of Units in Building2%24%19%48%8%

    Transactions vs Inventory

    Total number of units listed and sold in Malvern | White Haven