7161 Yonge Street, Unit 13, Markham, ON

$830,000
MLS#:N13554772
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Grandview. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $830,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Welcome to this luxurious penthouse suite offering breathtaking panoramic views and one of the largest 3-bedroom floorplans in the building. Recently updated with brand new hardwood flooring and fresh paint, this elegant home comes with both parking and a locker. Enjoy the warmth and space perfect for entertaining family and friends, with a sun-filled living room that provides a peaceful retreat. This modern building features luxury amenities and direct access to an indoor shopping mall, a large grocery store, retail shops, banks, and a food court. Conveniently located just steps to TTC, Viva transit, and close to Finch Subway Station.

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Property Summary

This condo apartment located at 7161 Yonge Street, Markham is currently for sale and has been available on SousaSells for 1 day. This property is listed at $830,000 with an estimated mortgage of $2,763* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 7161 Yonge Street, Markham is in the Grandview neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$5,044

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Clear View, Park, Public Transit, Terraced

Interior Features

Other

Security Features

Community Features

Location

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7161 Yonge Street, Unit 13, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 7161 Yonge Street LPH316, Markham, ON L3T 0C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$249,000 (30.0%)
* Minimum Canadian down payment required for this price is $58,000.
Amortization Period30 Years
Estimated Monthly Payment$2,763Based on a loan of $581,000 over 30 years.
Purchase Price$830,000
Loan Amount$581,000
Provincial Land Transfer Tax:$13,075
Total Estimated Closing Taxes:$13,075

About Purchasing a Home in Markham, ON

For a property listed at $830,000 in Markham, the legal minimum down payment is $58,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,075 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grandview, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,351,838

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.