$490,000

$500,000For salePrice drop↓ $10,000 (2%)

#418 7167 Yonge Street, Markham (Grandview) - Single Family for Sale

#418 7167 Yonge Street, Markham (Grandview), Ontario, L3T0E1

2 beds1 bath1 parking650 ft²$520/mo condo feeListed 113 days ago

Overview

This 2-bedroom, 1-bathroom condo in Markham is for sale offering roughly 650 sq ft of space. Its $490,000 asking price sits right in line with the $490,000 median in Markham.

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Description

Welcome To This Well-Kept And Wonderfully Bright 1+Den Condo At World On Yonge. This Charming, Sun-Filled Home Features A Practical Open Concept Layout And Soaring 9-Foot Ceilings. Neat Laminate Flooring Runs Throughout The Spacious Unit Where The Versatile Den Easily Functions As A Second Bedroom Or A Home Office. The Practical Kitchen Offers Reliable Granite Countertops, A Ceramic Backsplash, And Stainless Steel Appliances. Step Out Onto Either Of Your Two Balconies To Take In Clean, Unobstructed South-Facing Views. The Comfortable Primary Bedroom Features A Generous Walk-In Closet For Plentiful Storage. Enjoy Exceptional Daily Convenience With Direct Indoor Access To The Shops On Yonge, Grocery Stores, And Medical Offices. Great Building Amenities Include A 24-Hour Concierge, An Indoor Pool, A Gym, And A Party Room. Perfectly Located Steps From TTC And YRT/VIVA Routes With Direct Connections To Finch Subway Station. This Excellent Package Comes Complete With One Parking Space And A Large Locker. A Fantastic Opportunity In An Established, Convenient Community! (id:66096)

Property Details

MLS®: N13564754
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $520/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,290/yr
Listed: 113 days ago

Rooms

Flat

Living room: 4.06 x 3.04 meters
Dining room: 4.06 x 3.04 meters
Kitchen: 2.54 x 4.25 meters
Bedroom: 3.96 x 2.84 meters
Den: 2.43 x 2.13 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, Freezer, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

113d

Markham (Grandview) listings, avg age

97d

Price / ft²

$754

List price

$490K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by REMAX YOUR COMMUNITY REALTY · ALI BOLOURCHI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $490,000, about 5.2× the local median household income of $95,000.

Carrying it typically needs a household income of about $95,714 (20% down, 25-yr amortization, stress-tested) — roughly 1% 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)

$490,000· $754/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,500

Min 5%50%

Mortgage payment$2,581/mo

↳ CMHC premium ($18,620 capitalized)

Property tax (est.)$191/mo

Condo fee$520/mo

Total monthly$3,292

Cash Needed to Close

Down payment (5%)$24,500

Land transfer tax$6,275

Est. closing costs$3,970

Total cash needed$34,745

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