$789,000
For sale: Vacant Land

Don't miss this rare opportunity to develop a prime 73' x 67' lot in the City of Markham community of Old Markham Village / Raymerville. Perfect location for all builders, developers and end users too! This is an exceptional investment opportunity. This vacant lot offers the potential for future detached 2 storey homes - concept drawings are available or 2+ storey Triplex utilizing maximum height allowance, buyer due diligence is required for planned development. Further opportunity potential to apply to the City of Markham for approval to sever the property. Conveniently located within walking distance to highly popular Markham Main Street, where you can enjoy quaint shops, numerous restaurants and community events and celebrations. Walking distance to GO Train offers commuters easy access to Downtown. It is essential that buyers conduct their own due diligence regarding future development and services of the property. Now is the time to secure your investment in the thriving City of Markham and this prime location, a rare opportunity for the savvy investor in Prestigious Old Markham Village / Raymerville Community. Just Minutes to All Amenities and Go Transit!!
Sold data
Homes in Markham (Raymerville) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 43, across 839 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $1,038,800.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 28% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 839 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Markham (Raymerville) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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