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 $649,000 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.
Welcome To Renovated Two-Storey Condo Unit At 16 Elgin Residence Offering Comfort And Space. This Three-Bedroom With Two-Bathrooms Unit Features An Open-Concept Layout With Abundant Natural Light And Seamless Flow Throughout. Two-Storey Layout Comfortably Separated Sleeping And Living Areas. Highlights: *Open-Concept Spacious Kitchen* *Marble Backsplash* *Quartz Countertops* *Stainless Steel Kitchen Appliances* *Electrified Island With Microwave Oven* *Engineered Hardwood Flooring Throughout The Main And Second Floor* *Pot-Lights In The Kitchen And Living Room* *Hardwood Staircase And Railing* *Spacious Laundry Room With Sink* Dedicated In-Suite Storage Room* *Large Master Bedroom With Walk-In Closet* *Ample Closet Space Throughout The Unit* *Spacious Exclusive Use Terrace With BBQ* *Maintenance Fee Includes: Heat, Electricity, Water, Cable TV, High Speed Internet, Building Insurance, Etc.* *Amenities: Gym, Sauna, Indoor Swimming Pool, Ping Pong, Billiards Room, Party Room, Playground* *Underground Garage Parking Space* Steps To York Farmers Market, Galleria Supermarket Thornhill, Restaurants, Centerpoint Shopping Mall At Yonge And Steeles, Public Transportation, Future Yonge North Subway Extension.
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This condo apartment located at 16 Elgin Street, Markham is currently for sale and has been available on SousaSells for 278 days. This property is listed at $649,000 with an estimated mortgage of $2,160* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 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.Park, Place Of Worship, Public Transit, School, School Bus Route, Wooded/Treed
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This could be the first listing for this address.
Data-driven valuation for 16 Elgin Street 260, 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 $649,000 in Markham, the legal minimum down payment is $39,900 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 $9,455 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 $9,455.
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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.