502 - 41 Markbrook Lane
For SaleCascades II CondosEst Sell Timeframe 5 Days
$620,000
2 Beds
2 Bath
1 Parking
1,000 - 1,199 SQFT
109 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$460/mth
Taxes:
$1,199 (2023)
Cost Per Sqft:
$517 - $620/sqft
Locker:
None
Outdoor Space:
None
Exposure:
North
Possession Date:
August 1, 2024
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Laminate
15.49 x 10.27ft
Dining
Laminate
11.65 x 8.53ft
Solarium
Tile Floor
9.51 x 8.53ft
About this Listing
Well Maintained Specious 2 Bedroom 2 Washroom Condo With Lots Of Upgrades. Building With Nice Amenities- Indoor Pool, Exercise Room, Party Room, Security Etc. Close To All other Amenities, Plaza, Highways, Schools, Bank, TTC link to Humber College, York University and prospective New Finch LRT for easy access to Downtown Toronto.
ExtrasStainless Steele Appliances: ( Fridge, Stove) Washer and Dryer.
royal space realtyMLS® #W8402834
Amenities
Gym Room
Concierge
BBQ
Tennis Court
Sauna
Visitor Parking
Explore Neighbourhood
5/10
Walkability
Halfway to a walker's paradise, you might want to invest in a hoverboard.
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
3/10
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
5,436
Average Individual Income
$61,524
Average Household Size
0 persons
Average Age
0
Average Household Income
$96,672
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
43%
High Rise Apartment
29%
Semi Detached
12%
Low Rise Apartment
7%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
English
54%
Mandarin
16%
Cantonese
16%
Other
12%
Tamil
2%
Education
University and Above
32%
High School
26%
None
19%
College
15%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
26%
Architecture & Engineering
18%
Social Sciences
14%
Math & Computer Sciences
8%
Health & Related Fields
7%
Humanities
6%
Physical Sciences
6%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Education
2%
Price Trends
Maintenance Fees
Cascades II Condos vs The Mount Olive | Silvestone | Jamestown Area
Building Trends At Cascades II Condos
Days on Strata
Units at Cascades II Condos spend an average of
28
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mount Olive | Silvestone | Jamestown
Turnover of Units
On average, each unit is owned for
6.8
YEARS before being sold againProperty Value
3%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 15 condos in the Mount Olive | Silvestone | Jamestown area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
3
Units were Rented over the past twelve months
Best Value Rank
Cascades II Condos offers the best value out of 15 condos in the Mount Olive | Silvestone | Jamestown neighbourhood
?
Appreciation Rank
Cascades II Condos has the highest ROI out of 15 condos in the Mount Olive | Silvestone | Jamestown neighbourhood
?
Rental Yield
Cascades II Condos yields the highest rent prices out of 15 condos in the Mount Olive | Silvestone | Jamestown neighbourhood
?
High Demand
Cascades II Condos is the most popular building out of 15 condos in the Mount Olive | Silvestone | Jamestown neighbourhood
?
Transaction Insights at 41 Markbrook Lane
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $428,000 - $495,137 | No Data | $516,000 - $669,000 | No Data | No Data |
Avg. Cost Per Sqft | $552 | No Data | $577 | No Data | No Data |
Price Range | No Data | No Data | $2,600 - $2,850 | No Data | No Data |
Avg. Wait for Unit Availability | 494 Days | 169 Days | 29 Days | 93 Days | No Data |
Avg. Wait for Unit Availability | 762 Days | 404 Days | 144 Days | No Data | No Data |
Ratio of Units in Building | 10% | 11% | 67% | 14% | 1% |
Transactions vs Inventory
Total number of units listed and sold in Mount Olive | Silvestone | Jamestown