50 Inverlochy Boulevard, Unit 05, Markham, ON

$549,900
MLS#:N11981760
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Royal Orchard. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This beautifully updated 2-bedroom, 2-bathroom suite is move-in ready and located in a highly sought-after, well-managed condo in the heart of Thornhill. Enjoy breathtaking south-facing views that overlook the lush golf course and stunning city skyline. The entire unit has been freshly painted, creating a bright and inviting ambiance. The updated semi-open concept kitchen boasts modern cabinetry, a luxurious quartzite countertop, and premium stainless-steel appliances. Both bathrooms have been tastefully renovated with stylish finishes, adding a touch of elegance to this comfortable living space. Additional features include a convenient ensuite locker for extra storage. Enjoy the convenience of all-inclusive maintenance fees covering heat, hydro, water, cable TV, high-speed internet, and home phone. Residents have exclusive access to the renowned Orchard Club, featuring top-tier amenities such as an indoor pool, gym, tennis courts, party room, billiards, and more. This pet-friendly and visitor-friendly community offers a welcoming and inclusive environment for all. An underground parking spot is included, along with a bike room conveniently located next to the elevator. The location is unbeatable, with top-rated schools within walking distance, including Thornhill SS, Baythorn PS (Arts Program), Woodland PS (French Immersion), and St. Anthony Catholic School. Commuting is effortless with easy access to Yonge St., public transit, future subway expansion, and major highways (Hwy 7, 407, and 404).This is a rare opportunity to own a stunning home in one of Thornhills most desirable communities.

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Property Summary

This condo apartment located at 50 Inverlochy Boulevard, Markham is currently for sale and has been available on SousaSells for 511 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 50 Inverlochy Boulevard, Markham is in the Royal Orchard neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 28, 2025
Sold price information is available to members only
Listed Date2/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,048.19

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Virtual Tours

Location

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50 Inverlochy Boulevard, Unit 05, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 Inverlochy Boulevard 1005, Markham, ON L3T 4T6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Markham, ON

For a property listed at $549,900 in Markham, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Royal Orchard, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,431,705

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
E T Crowle
Public
9.5
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Castlemore
Public1580, Markham, Ontario
9.2
Stonebridge
PublicStonebridge Drive, Markham, Ontario, L6C 2Z8
9.1

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.