7161 Yonge Street, Unit 2525, Markham, ON

$658,000
MLS#:N12302683
2 beds
2 baths
800-899 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 Thornhill. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $658,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Freshly Painted & Updated Lighting! Live In Style at World On Yonge! This bright and spacious corner unit offers 270 panoramic views from your wrap-aboasts wide plank floors, 9 ft ceilings, and floor-to-ceiling windows that flood the spaceround balcony on a high floor. Featuring a modern split-bedroom layout with 2 large bedrooms and 2 full bathrooms, this suite with natural light. Enjoy the convenience of underground access to supermarkets, plus direct steps to Shops on Yonge with retail stores, banks, restaurants, medical offices & more. TTC & YRT at your doorstep! Fresh Paint & New Light Fixtures Stainless Steel Appliances (Fridge, Stove, B/I Microwave, B/I Dishwasher) Washer & Dryer, One Parking & One Locker Resort-Style Amenities: Pool, Hot Tub, Fitness Centre, BBQ Area, Game Room & More Don't miss this move-in-ready unit in one of the most sought-after buildings in Thornhill!

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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 358 days. This property is listed at $658,000 with an estimated mortgage of $2,190* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 7161 Yonge Street, Markham is in the Thornhill 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
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 27, 2025
Sold price information is available to members only
Listed Date7/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,850

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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7161 Yonge Street, Unit 2525, 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 7161 Yonge Street 2525, Markham, ON L3T 0C8

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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$197,400 (30.0%)
* Minimum Canadian down payment required for this price is $40,800.
Amortization Period30 Years
Estimated Monthly Payment$2,190Based on a loan of $460,600 over 30 years.
Purchase Price$658,000
Loan Amount$460,600
Provincial Land Transfer Tax:$9,635
Total Estimated Closing Taxes:$9,635

About Purchasing a Home in Markham, ON

For a property listed at $658,000 in Markham, the legal minimum down payment is $40,800 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 $9,635 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 $9,635.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,446,892

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.