$498,000

For sale

↓ $13K (3%) price drop

#1702 7171 Yonge Street, Markham (Grandview), Ontario, L3T0C5

2 bd1 ba1 pk650 ft²+$595/mo

Listed by RIGHT AT HOME REALTY

#601 1 Grandview Avenue, Markham (Grandview), Ontario, L3T0G7

For salePrice drop

36 days ago

$478K$483K

↓ $5K (1%) price drop

#601 1 Grandview Avenue, Markham (Grandview), Ontario, L3T0G7

2 bd1 ba1 pk550 ft²+$653/mo

Listed by FIRST CLASS REALTY INC.

#1810 7165 Yonge Street, Markham (Grandview), Ontario, L3T0C9

For sale

56 days ago

$458K

#1810 7165 Yonge Street, Markham (Grandview), Ontario, L3T0C9

1 bd1 ba1 pk550 ft²+$442/mo

Listed by HOMELIFE FRONTIER REALTY INC.

#727 7161 Yonge Street, Markham (Grandview), Ontario, L3T0C8

For sale

61 days ago

$499K

#727 7161 Yonge Street, Markham (Grandview), Ontario, L3T0C8

2 bd1 ba1 pk650 ft²+$562/mo

Listed by ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$498,000

Markham

Book a showing

#1712 7171 Yonge Street East, Markham (Grandview) - Single Family for Sale

#1712 7171 Yonge Street East, Markham (Grandview), Ontario, L3T0C5

2 beds1 bath1 parking650 ft²$583/mo condo feeListed 28 days ago

Overview

This 2-bedroom, 1-bathroom condo in Markham is for sale offering roughly 650 sq ft of space. Its $498,000 asking price sits right in line with the $490,000 median in Markham. It has been on the market 28 days, fresher than the Markham average of 95 days.

Condos for Sale in Markham →All real estate in Markham →

Description

A luxurious One + Den Condo Unit With an amazing south west exposure that gives the perfect amount of natural sunlight to brighten up the open living space and kitchen. Situated at the ultra convenient World On Yonge Condo's, it comes with a plethora of amenities, retail shopping and grocery stores making this an ideal location for anyone who lives a busy life. Having the opportunity to be in close proximity to public transit, medical building and financial institutions, it will definitely help with your day to day needs and convenience. A very well kept & clean space, with 9Ft ceilings, laminate flooring throughout, granite countertops & Stainless Steel Appliance makes this a standout unit for all to enjoy. Move-in ready-an excellent choice for either investment or owner-occupation! (id:66096)

Property Details

MLS®: N13873222
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $583/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,290/yr
Listed: 28 days ago

Rooms

Flat

Living room: 5.5 x 3.5 meters
Dining room: 5.5 x 3.5 meters
Kitchen: 3.5 x 2.3 meters
Den: 2.9 x 2.3 meters
Bedroom: 6.2 x 3.2 meters

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

Features

Appliances: Oven - Built-In
Flooring: Laminate
Exterior: Aluminum siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Markham (Grandview) listings, avg age

95d

Price / ft²

$767

List price

$498K

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 (Grandview) has been listed for 28 days, which is 67 days fresher than the city average of 95. Act while there is still low competition.

Set a price alert Book a showing

Listed by AIMHOME REALTY INC. · JAMES YANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $498,000, about 5.2× the local median household income of $95,000.

Carrying it typically needs a household income of about $97,277 (20% down, 25-yr amortization, stress-tested) — roughly 2% 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)

$498,000· $767/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,900

Min 5%50%

Mortgage payment$2,623/mo

↳ CMHC premium ($18,924 capitalized)

Property tax (est.)$191/mo

Condo fee$583/mo

Total monthly$3,397

Cash Needed to Close

Down payment (5%)$24,900

Land transfer tax$6,435

Est. closing costs$3,994

Total cash needed$35,329

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice