16A Elgin Street, Unit 12, Markham, ON
Property Highlights
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 $715,000 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 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
Don't miss the opportunity to make this gem your home! Meticulously maintained sundrenched and spacious 3 br 2 story penthouse with large balcony and private terrace. The main floor offers a functional kitchen with a granite countertop, Hardwood floors, 3rd bedroom/den with a large closet, dining/living room with a walk-out to a large balcony. Upgraded modern stair railings to the second floor where you find two oversized bedrooms with floor-to-ceiling windows and double closets, a laundry room, ensuite locker/storage room. The prime bedroom has a walk-out to the private terrace ideal for sunbathing or sipping a glass of wine and enjoying the Toronto skyline. Steps to shopping, dining, parks, the best schools, transit, and future Yonge North Subway extension. **EXTRAS** Building amenities include pool, party room, sauna, billiard room, gym, ping-pong room, private children's playground. Maintenance fee includes ALL utilities with Rogers Ignite TV and Internet.
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Property Summary
This condo apartment located at 16A Elgin Street, Markham is currently for sale and has been available on SousaSells for 541 days. This property is listed at $715,000 with an estimated mortgage of $2,380* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 16A 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16A Elgin Street 311, 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 $715,000 in Markham, the legal minimum down payment is $46,500 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 $10,775 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 $10,775.
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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.