16 Elgin Street, Unit 3, Markham, ON
Property no longer active
This property was sold on November 4, 2025. This listing is for reference purposes only. to view the sold price.
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 $649,800 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage Area Lockers, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This fully renovated 3-bedroom, 2-bathroom condo features $50,000 in upgrades and one of the lowest all-inclusive maintenance fees at $752/month, covering all utilities, amenities and Internet.Highlights Include Modern Upgrades: Brand new luxury vinyl flooring, red oak stairs/handrails, fully updated kitchen with new stainless steel appliances, fresh paint, new light fixtures, Both bathrooms recently renovated. Layout: Unique two-story layout separates living and sleeping areas for enhanced privacy. The main floor bedroom is ideal for an in-law suite, office, or guest room. Outdoor Space: Private terrace with street view perfect for barbecues. Storage & Laundry: Generous ensuite storage and second-floor laundry room. Location & Amenities: Close to future Yonge/Clark subway station (Yonge North Subway Extension). Excellent nearby schools, transit, shopping, and restaurants. Building amenities: Indoor pool, sauna, billiards, ping pong, gym, game and party rooms.
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Property Summary
This condo apartment located at 16 Elgin Street, Markham is currently for sale and has been available on SousaSells for 390 days. This property is listed at $649,800 with an estimated mortgage of $2,163* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 16 Elgin Street, Markham is in the Thornhill neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Storage Area Lockers, Carpet Free
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Elgin Street 202, Markham, ON L3T 4T4
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 $649,800 in Markham, the legal minimum down payment is $39,980 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 $9,471 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 $9,471.
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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.