$558,000

For saleJust listed

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#2732 7161 Yonge Street, Markham (Thornhill) - Single Family for Sale

#2732 7161 Yonge Street, Markham (Thornhill), Ontario, L3T0C8

3 beds2 baths parking

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Listed by HOMELIFE LANDMARK REALTY INC.

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For salePrice drop

8 days ago

$749K$949K

↓ $200K (21%) price drop

#PH09 7165 Yonge Street, Markham (Thornhill), Ontario, L3T0C5

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#1728 7161 Yonge Street, Markham (Thornhill), Ontario, L3T0C8

For sale

12 days ago

$519K

#1728 7161 Yonge Street, Markham (Thornhill), Ontario, L3T0C8

1 bd1 ba1 pk650 ft²+$558/mo

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Investment analysis

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$558,000

Markham

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Description

Bright & Sunny Northeast Corner W/Sunrise View at World on Yonge Luxury Condo. Spacious 2 Bdrms + Den/2 Full Baths, 9ft Ceilings, Laminate Floor, Modern Open Concept Kitchen W/Granite Counter Top. Building Amenities Include 24 hrs Concierge, Party Room, Gym, Indoor Pool, Guest Suites, Visitor Parking, Direct Access to Indoor Shopping Mail, Supermarket, Cafes, Food Court, Banks, Steps to Viva & Ttc, Close to Highway 7/407/401/404 & Finch Subway Station. (id:66096)

Property Details

MLS®: N14142432
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $763/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,070.45/yr
Listed: Yesterday

Market Timing

Days on market

Markham (Thornhill) listings, avg age

97d

Price / ft²

$657

List price

$558K

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.

Area context

Neighbourhood profile (L3T)

This home lists at $558,000, about 5.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $108,997 (20% down, 25-yr amortization, stress-tested) — roughly 15% 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)

$558,000· $657/ft²

For sale

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Full Cost Breakdown

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Down Payment5.52% · $30,800

Min 5.52%50%

Mortgage payment$2,923/mo

↳ CMHC premium ($21,088 capitalized)

Property tax (est.)$256/mo

Condo fee$763/mo

Total monthly$3,942

Cash Needed to Close

Down payment (5.52%)$30,800

Land transfer tax$7,635

Est. closing costs$4,174

Total cash needed$42,609

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

#2732 7161 Yonge Street, Markham (Thornhill) - Single Family for Sale

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