$535,000

For sale

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#718 7167 Yonge Street, Markham (Thornhill) - Single Family for Sale

#718 7167 Yonge Street, Markham (Thornhill), Ontario, L3T0E1

2 beds1 bath1 parking ft²

53 New Havens Way, Markham (Thornhill), Ontario, L3T5G1

3 bd3 ba3 pk1,500 ft²+$310/mo

Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

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

For saleJust listed

Yesterday

$558K

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

3 bd2 ba1 pk850 ft²+$763/mo

Listed by MASTER'S CHOICE REALTY INC.

#2210 7165 Yonge Street, Markham (Thornhill), Ontario, L3T0C9

For saleJust listed

2 days ago

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#2210 7165 Yonge Street, Markham (Thornhill), Ontario, L3T0C9

1 bd1 ba1 pk550 ft²+$442/mo

Listed by HOMELIFE LANDMARK REALTY INC.

#316 16 Elgin Street, Markham (Thornhill), Ontario, L3T4T4

For sale

8 days ago

$489K

#316 16 Elgin Street, Markham (Thornhill), Ontario, L3T4T4

2 bd2 ba1 pk1,100 ft²+$764/mo

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Investment analysis

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$535,000

Markham

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Description

Experience luxury living in this stylish 1+1 condo, boasting soaring 9' ceilings, sleek stainless steel appliances, granite countertops, upgraded lighting, and a spacious balcony for relaxation or entertaining. Fresh Paint throughout, Superb maintained. Enjoy top-tier amenities, including a fitness center, indoor pool, sauna, party room, and 24-hour concierge, with direct access to shops and services. Perfectly situated with easy access to public transit and all essential conveniences. Includes one parking! Photos taken when staged previously. (id:66096)

Property Details

MLS®: N13816854
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
Pool: Yes
Condo Fee: $508/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,657.02/yr
Listed: 42 days ago

Market Timing

Days on market

42d

Markham (Thornhill) listings, avg age

95d

Price / ft²

$824

List price

$535K

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 $535,000, about 5.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $104,504 (20% down, 25-yr amortization, stress-tested) — roughly 10% 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)

$535,000· $824/ft²

For sale

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Full Cost Breakdown

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Down Payment5.33% · $28,500

Min 5.33%50%

Mortgage payment$2,808/mo

↳ CMHC premium ($20,260 capitalized)

Property tax (est.)$221/mo

Condo fee$508/mo

Total monthly$3,537

Cash Needed to Close

Down payment (5.33%)$28,500

Land transfer tax$7,175

Est. closing costs$4,105

Total cash needed$39,780

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

#718 7167 Yonge Street, Markham (Thornhill) - Single Family for Sale

Rental cashflow calculator

Description

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Market Timing

Location

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Neighbourhood profile (L3T)

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