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    Toronto / Scarborough / Woburn

    1502 - 1275 Markham Rd

    For Rent1275 Markham Road Condos
    $3,200/mth
    Price Cut: $3,300
    2 Beds
    2 Bath
    1 Parking
    1,200 - 1,399 SQFT
    54 Days on Strata
    Est Lease Timeframe
    22 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Enclosed/Solarium
    Furnished:
    No
    Exposure:
    North East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Pot Lights, Fireplace
    13.16 x 20.87ft
    Dining
    Laminate, Pot Lights, Mirrored Walls
    14.73 x 13.88ft
    Kitchen
    Ceramic Floor, Ceiling Fan, Built-in Dishwasher
    12.73 x 7.94ft

    About this Listing

    Welcome to The Wilshire! This Spacious Penthouse Offers Over 1,300+ Sq Ft of comfortable living space with Stunning East Views From a Large Enclosed Balcony, Overlooking a Serene Ravine and River. The Suite Features 2 Generously Sized Bedrooms with LED Pot Lights, Including a Primary Bedroom with a Walk-in Closet and a 4-Piece Ensuite Bathroom. Both Bathrooms Have Been Renovated with Granite Counters. The Living & Dining Room are Enhanced by Bright LED Pot Lights, and Mirrored Walls. Cozy Up to the Wood-Burning Fireplace in the Living Room. Kitchen Incl Built-in Dishwasher, and There is a Laundry Room Within the Unit with a Washer and Dryer For Your Convenience. The Suite Comes with One Garage Parking Space in the Underground Parking. The Condo is Conveniently Located Near Highway 401 & is a Perfect Blend of Comfort, Style, and Convenience!

    ExtrasAppliances Incl Fridge, Stove, Built in Dishwasher and Washer & Dryer. No Smoking.

    royal heritage realty ltd.MLS® #E9353225

    Amenities

    Business Centre
    Outdoor Pool
    Sauna
    Security System
    Games Room
    BBQs Allowed

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

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

    Population
    11,938
    Average Individual Income
    $63,489
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $113,834
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    17%
    50 - 64
    23%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    28%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    23%
    High Rise Apartment
    19%
    Duplex
    9%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    60%
    Cantonese
    12%
    Other
    9%
    Mandarin
    6%
    Tamil
    6%
    Tagalog
    3%
    Urdu
    3%
    Gujarati
    1%
    Education
    High School
    29%
    University and Above
    26%
    None
    19%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    1275 Markham Road Condos vs The Woburn Area

    Building Trends At 1275 Markham Road Condos

    Days on Strata

    Units at 1275 Markham Road Condos spend an average of
    56
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    20.6
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 13 condos in the Woburn area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    1275 Markham Road Condos offers the
    ?
    best value out of 13 condos in the Woburn neighbourhood

    Appreciation Rank

    1275 Markham Road Condos has the
    ?
    highest ROI out of 13 condos in the Woburn neighbourhood

    Rental Yield

    1275 Markham Road Condos yields the
    ?
    highest rent prices out of 13 condos in the Woburn neighbourhood

    High Demand

    1275 Markham Road Condos is the
    ?
    most popular building out of 13 condos in the Woburn neighbourhood

    Transaction Insights at 1275 Markham Road

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$573,000$490,000$565,000No Data
    Avg. Cost Per Sqft$531$396$427No Data
    Avg. Wait for Unit Availability295 Days183 Days429 Days1075 Days
    Ratio of Units in Building21%52%25%5%

    Transactions vs Inventory

    Total number of units listed and leased in Woburn