$648,000

For sale

#1525 7161 Yonge Street, Markham (Thornhill) - Single Family for Sale

#1525 7161 Yonge Street, Markham (Thornhill), Ontario, L3T0C8

2 beds2 baths1 parking850 ft²$743/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 850 sq ft of space. It has been on the market 35 days, fresher than the Markham average of 95 days.

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Description

Bright & Spacious 2 Bedroom 2 Bath Corner Unit, 835 Sq. Ft.+ 190 Sq.Ft Balcony. Enjoy Unobstructed Amazing South/West View. Fully Upgraded With Laminate Floors Throughout, 9' Ceiling, Open Concept Kitchen W/Granite Counter Top & Stainless Steel Appliances. The Primary Ensuite Has A 3 Piece Ensuite With A Shower & A Toilet Bidet, The Second Bathroom Has a Bathtub & A Toilet Bidet. The Unit Offers Full Size Stacked Washer & Dryer. The Air Conditioning & Heat Can Be Adjusted By The Owner. Parking & Locker Included. Amazing Amenities - Indoor Pool, Sauna, Jacuzzi, Gym, Rooftop Garden, Lots of Visitor Parking, Guest Suites, 24/7 Concierge. In-Door Access To Shopping Mall/Supermarket/Medical Offices/Retail Stores/Salons/Cafe & Much More. Steps To TTC & Viva. Minutes to Highways. (id:66096)

Property Details

MLS®: N13842382
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $743/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,998.16/yr

Rooms

Ground level

Living room: 5.43 x 3.24 meters
Dining room: 5.43 x 3.24 meters
Kitchen: 5.43 x 3.24 meters
Primary Bedroom: 3.65 x 2.97 meters
Bedroom 2: 3.88 x 3.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Markham (Thornhill) listings, avg age

95d

Price / ft²

$763

List price

$648K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Markham (Thornhill) has been listed for 35 days, which is 60 days fresher than the city average of 95. Act while there is still low competition.

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Listed by REAL ESTATE HOMEWARD · HANNE WELSH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $648,000, about 6.8× the local median household income of $95,000.

Carrying it typically needs a household income of about $126,577 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.

Median household income: $95,000
Population: 50,405
Median age: 47.2
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3T)

$648,000· $763/ft²

For sale

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Full Cost Breakdown

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Down Payment6.14% · $39,800

Min 6.14%50%

Mortgage payment$3,372/mo

↳ CMHC premium ($24,328 capitalized)

Property tax (est.)$250/mo

Condo fee$743/mo

Total monthly$4,365

Cash Needed to Close

Down payment (6.14%)$39,800

Land transfer tax$9,435

Est. closing costs$4,444

Total cash needed$53,679

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