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    Markham / Markham Centre

    506 - 8110 Birchmount Rd

    For RentNexus Condos
    $2,450/mth
    1 Bed
    1 Bath
    1 Parking
    659 SQFT
    2 Days on Strata
    Est Lease Timeframe
    26 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    18.01 x 10.5ft
    Dining
    Laminate, Combined with Living, Open Concept
    18.01 x 10.5ft
    Prim Bdrm
    Carpet, Double Closet, Large Window
    11.84 x 9.68ft

    About this Listing

    Located at the heart of downtown Markham. Minutes from entertainment and transpiration. 1+1 west exposure. Sun filled west exposure unit with unobstructed view. Sizable Den, Picture Windows, Large Balcony. O/C Kitchen with Stainless Steel Appliances. Large And Cozy Bedroom.

    ExtrasGranite Countertop, Stainless Steel Appliances. Ensuite Washer/Dryer

    re/max premier inc.MLS® #N10433010

    Amenities

    Party Room
    Security System
    Visitor Parking
    Sauna
    Gym Room
    Bike Storage

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    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

    Nexus Condos vs The Markham Centre Area

    Building Trends At Nexus Condos

    Days on Strata

    Units at Nexus Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 22 condos in the Markham Centre area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    45
    Units were Rented over the past twelve months

    Best Value Rank

    Nexus Condos offers the
    ?
    best value out of 22 condos in the Markham Centre neighbourhood

    Appreciation Rank

    Nexus Condos has the
    ?
    highest ROI out of 22 condos in the Markham Centre neighbourhood

    Rental Yield

    Nexus Condos yields the
    ?
    highest rent prices out of 22 condos in the Markham Centre neighbourhood

    High Demand

    Nexus Condos is the
    ?
    most popular building out of 22 condos in the Markham Centre neighbourhood

    Transaction Insights at 8130 Birchmount Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$633,000$611,500 - $700,000$810,000 - $1,050,000$813,000 - $960,000No Data
    Avg. Cost Per SqftNo Data$1,038$943$806$816No Data
    Avg. Wait for Unit Availability612 Days154 Days25 Days63 Days77 Days1506 Days
    Ratio of Units in Building2%10%59%17%15%1%

    Transactions vs Inventory

    Total number of units listed and leased in Markham Centre