Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Thornhill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,800 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.
Welcome to 16B Elgin Street unit 165. Spacious about 1200 sq feet upgraded two stores, three bedrooms and two bathroom unit in amazing location, next to the Yonge streets transportation/shops, restaurants. Enjoy connectivity to the Langstaff Go station and Finch Subway. A family sized kitchen flows to the oversized Living& Dining room. Good size bedrooms with large windows and closets located on the second floor offer townhouse living style. The Main Floor bedroom has an attached 2-piece bathroom, offering flexibility for an In-Law, Guest Suite or Office. The laundry and additional storage room on the second floor offers lots of additional space. Great Functional layout with two-store living space, separate entrance from the courtyard, walk-out to the green backyard suitable for the family with growing children or for the home office. Maintenance fees include everything: heat, electricity, water, cable TV, high speed Internet, building insurance etc. The complex has a lot of amenities: gym, sauna, swimming pool, billiard, ping pong, party room, kids playground!
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This condo apartment located at 16 B Elgin Street, Markham is currently for sale and has been available on SousaSells for 384 days. This property is listed at $599,800 with an estimated mortgage of $1,997* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 16 B Elgin Street, Markham is in the Thornhill neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.School, Library, Public Transit
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Data-driven valuation for 16 B Elgin Street 165, Markham, ON L3T 4T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.
About Purchasing a Home in Markham, ON
For a property listed at $599,800 in Markham, the legal minimum down payment is $34,980 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 $8,471 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 $8,471.
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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.