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    Markham / Markham Centre

    702 - 40 Baif Blvd

    For Sale40 Baif Condos
    $570,000
    Price Cut: $599,000
    2 Beds
    1 Bath
    2 Parking
    1,000 SQFT
    26 Days on Strata
    Est Sell Timeframe
    40 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $904/mth
    Taxes:
    $2,289 (2024)
    Cost Per Sqft:
    $570/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    September 19, 2024
    Laundry:
    Upper
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Laminate
    17.72 x 10.5ft
    Dining
    Combined with Living, Laminate
    13.62 x 9.84ft
    Kitchen
    O/Looks Dining, Country Kitchen
    13.62 x 7.38ft

    About this Listing

    This Spacious Bright 2 Bedroom & 1 Full Bath, Unit (>1000 Sqft), Offers Ample Living Space And Comes Equipped With A large Country Kitchen, big Balcony With Fabulous Unobstructed North View, Lots Of Natural Light; This Prestigious Building Located Next To Vibrant Hillcrest Mall, Grocery Shops, Restaurants, Schools, Public Transit,& Parks Perfectly Suited For Your Urban Lifestyle. The unit comes with a locker & 2 Tandem Underground Parking spots. Great Opportunity To Renovate To Your Own Liking. Don't Miss This One.

    ExtrasFridge, Stove, Dishwasher, Washer, Dryer, All Light Fixtures, Window Coverings **Maintenance Fee Includes All Utilities.

    royal lepage your community realtyMLS® #N9268392

    Amenities

    BBQ
    Outdoor Pool
    Rec Room
    Bike Storage
    Games Room
    Security System

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    23,055
    Average Individual Income
    $81,662
    Average Household Size
    3 persons
    Average Age
    34
    Average Household Income
    $139,968
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    20%
    50 - 64
    24%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    10%
    Low Rise Apartment
    4%
    Duplex
    4%
    High Rise Apartment
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    84%
    Other
    6%
    Mandarin
    5%
    Cantonese
    4%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    28%
    College
    20%
    None
    14%
    Apprenticeship
    6%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    22%
    Architecture & Engineering
    21%
    Social Sciences
    13%
    Health & Related Fields
    11%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    40 Baif Condos vs The Markham Centre Area

    Building Trends At 40 Baif Condos

    Days on Strata

    Units at 40 Baif Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Markham Centre

    Turnover of Units

    On average, each unit is owned for
    17.2
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 23 condos in the Markham Centre area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    40 Baif Condos offers the
    ?
    best value out of 23 condos in the Markham Centre neighbourhood

    Appreciation Rank

    40 Baif Condos has the
    ?
    highest ROI out of 23 condos in the Markham Centre neighbourhood

    Rental Yield

    40 Baif Condos yields the
    ?
    highest rent prices out of 23 condos in the Markham Centre neighbourhood

    High Demand

    40 Baif Condos is the
    ?
    most popular building out of 23 condos in the Markham Centre neighbourhood

    Transaction Insights at 40 Baif Boulevard

    1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$760,000No Data$658,000 - $820,000
    Avg. Cost Per SqftNo Data$692No Data$530
    Avg. Wait for Unit AvailabilityNo Data117 DaysNo Data108 Days
    Ratio of Units in Building1%39%2%59%

    Transactions vs Inventory

    Total number of units listed and sold in Markham Centre