7161 Yonge Street, Unit 8, Markham, ON
Property no longer active
This property was sold on May 16, 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 Grandview. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $999,000 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 1200-1399 sqft
- Features a none, other basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience Urban Elegance in the Heart of Thornhill. Welcome to this beautifully appointed 3-bedroom, 2-bathroom condo offering 1,210 sq. ft. of bright, open-concept living. Bask in stunning panoramic southwest views from the expansive 160 sq. ft. L-shaped terrace perfectly positioned to capture the CN Tower and the dynamic city skyline.This rare gem includes two side-by-side parking spots and a spacious locker, providing unmatched convenience and storage. The intelligently designed layout is ideal for everyday living and entertaining, with floor-to-ceiling windows that flood the space with natural light.Enjoy a full suite of premium amenities including a 24-hour concierge, state-of-the-art fitness center, indoor pool, sauna, party room, and guest suites delivering the ultimate in hotel-style living. Situated at the vibrant Yonge and Steeles corridor, you're steps away from premier shopping, dining, and entertainment, with seamless access to public transit, major highways, and the upcoming Yonge subway extension. This is a unique opportunity to own a standout unit in a high-demand, rapidly growing neighborhood offered at one of the most competitive prices on the market. Dont miss your chance to make it yours.
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Property Summary
This condo apartment located at 7161 Yonge Street, Markham is currently for sale and has been available on SousaSells for 438 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 7161 Yonge Street, Markham is in the Grandview neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 7161 Yonge Street PH09, Markham, ON L3T 0C8
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 $999,000 in Markham, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.
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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.