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    Cascades II Condos

    41 Markbrook Lane

    4for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    224
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    712 - 1,499 SQFT
    Unit Availability:
    Low

    Listing History for Cascades II Condos

    Amenities

    Rec Room
    Sauna
    Squash Court
    Party Room
    Tennis Court
    Indoor Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 41 Markbrook LaneCascades II Condos

    Anyone who’s seeking a Toronto condo for sale should definitely consider Cascades II Condos at 41 Markbrook Lane. Mastercraft Group completed this building back in 1990, but unlike other buildings of that age, maintenance fees are actually very low at $0.43 per-square-foot. The building is 18 storeys tall and is home to 224 suites. Units start at 712 square feet on the low end, and can go up to 1499 square feet.

    Maintenance fees at 41 Markbrook Lane are only $0.43, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 41 Markbrook Lane: 7 units have been sold in the past 12 months, and 4 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $565 and units tend to sell for -1.87% below the list price. Units at 41 Markbrook Lane have a medium probability of receiving more than one offer. On average, a suite will spend 28 days on the market.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Real Island Flavour Restaurant, Pizza Land and Auntie Lizzys Kitchen (African Restaurant) are all within 10 minutes walking distance from 41 Markbrook Lane. In the mornings, become a regular at Tim Hortons, a quick 4-minute walk from Cascades II Condos.

    Grocery shopping is never a chore with stores such as Rabba Fine Foods, Walmart Woodbridge and Sheriff's No Frills in the area.

    Planning for your future is easy with CIBC Branch with ATM in the area.

    Whether you're looking to play, exercise or gather with friends — nearby parks like North Humber Park and Kay Park are the perfect spot for all kinds of activities.

    Those who love to shop will appreciate all the options nearby with Martin Grove Mall, Nails & Spa and Albion and finch mall just 5 minutes from here.

    When the weekend rolls around, efe iyamu media solutions Inc. and Tray Arts are within a short 3-minute drive away. Albion Cinemas is just a short drive away for movie nights.

    There are plenty of nearby school choices — North Kipling Junior Middle School, John D Parker Junior School and Highfield Junior Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Smithfield Middle School, North Albion Collegiate Institute and Humber Summit Middle School.

    Transportation

    Residents have transit options in the Mount Olive | Silvestone | Jamestown neighbourhood; A light transit stop at Steeles Ave West At Markbrook Lane can carry you to your destination in no time at all. Those who live in the area can easily drive to Vaughan Metropolitan Centre, just 17 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 21 Markbrook Lane, 61 Markbrook Lane and 2901 Kipling Avenue.

    4

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    Listings For Rent

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    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.

    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%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mount Olive | Silvestone | Jamestown


    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
    AVERAGE
    chance 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 again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    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

    4
    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 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$428,000 - $495,137No Data$516,000 - $669,000$570,000No Data
    Avg. Cost Per Sqft$552No Data$565$623No Data
    Avg. Wait for Unit Availability266 Days262 Days31 Days101 DaysNo Data
    Ratio of Units in Building12%8%64%17%1%

    Maintenance Fees

    Cascades II Condos vs The Mount Olive | Silvestone | Jamestown Area

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