36 Jondan Cres
Royal Orchard, Thornhill, L3T 3Z5
FOR SALE
$1,850,000
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Property Description
Attention Builders, Developers, and Investors! This property is priced for land value andincludes building permits, with the house being sold as-is. Located on ravine lot, this primepiece of real estate offers an incredible chance to create your dream home in a serene, family-friendly neighbourhood. Enjoy convenient access to Hwy 407, local restaurants, schools, and anupcoming subway line. The current owner has invested significant time and effort working alongwith the designers and architects and the City of Markham to design a stunning 5,000 sq. ft.modern home. This presents a fantastic opportunity for a small builder or developer to capitalizeon building a new house and achieving significant returns. With numerous developments already underway in the area, now is the perfect time to invest!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-23 | 2024-11-23 | 92 | $1,799,999 | - | Expired |
Extras
Basement 10ft, radiant heated flrs, 2 laundries, elevator,steam sauna, gym, wine cellar+wet bar, w/o basement. Open-concept main floor, Living room open toabove, Din&Kit 13ft.4 bdrs, 10ft each w an ensuite bath, walk-in closet. 6 skylights.
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 5
Lot Size
55' x 111'
Fronting
South
Taxes
$10,037 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Built-In
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Thornhill Market Statistics
Thornhill Price Trend
36 Jondan Cres is a 4-bedroom 3-bathroom home listed for sale at $1,850,000, which is $231,059 (14.3%) higher than the average sold price of $1,618,941 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 4 bedroom home in Thornhill declined by $81,366 (4.8%) compared to the previous 30 day period (October 12 - November 10) and down $49,065 (2.9%) from the same time one year ago.Inventory Change
There were 114 4-bedroom homes listed in Thornhill over the last 30 days (November 11 - December 10), which is down 23.5% compared with the previous 30 day period (October 12 - November 10) and up 37.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Thornhill typically sold ($15,153) (0.9%) below asking price over the last 30 days (November 11 - December 10), which represents a $16,576 decrease compared to the previous 30 day period (October 12 - November 10) and ($14,339) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Thornhill over the last 30 days (November 11 - December 10) stood at 68.4%, up from 56.4% over the previous 30 days (October 12 - November 10) and down from 85.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Thornhill stood at 24 days when successfully sold over the last 30 days (November 11 - December 10), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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