7811 Yonge Street, Markham, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Thornhill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $534,900 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
'The Summit' Condominium - THE prestige condo building in prime Olde Thornhill Village, Thornhill/Markham. This bright 10th floor, 1 bedroom suite offers stunning south-west, city skyline views and a covered balcony for private outdoor enjoyment. The spacious primary bedroom is designed with comfort in mind. Large ensuite laundry. This well-managed, secure building features on-site management and top-tier amenities including an outdoor swimming pool, a gym, sauna, games room and bike storage. Healthy reserve fund. Maintenance fees include utilities, cable and internet. Additional building features include underground parking and ample visitor parking. Ideally located in the heart of Thornhill with easy access to Highways 401 and 407, walking trails, shops, cafes, restaurants, golf courses, parks, schools and public transit (future subway potential)
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7811 Yonge Street 1007, Markham, ON L3T 4S3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $534,900 in Markham, the legal minimum down payment is $28,490 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 $7,173 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 $7,173.
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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.