7161 YONGE Street, Markham, ON
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 $619,990 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: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime North York Location! Situated just north of Steeles Ave on Yonge Street, this bright corner unit offers one of the best layouts in the building with 2 spacious bedrooms and 2 full bathrooms. Enjoy breathtaking panoramic views and abundant natural light through floor-to-ceiling windows. The modern upgraded kitchen features granite countertops, while the oversized L-shaped balcony provides the perfect space to relax or entertain. Elegant walnut flooring throughout completes this move-in ready home.
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Pricing & Value Insights
Data-driven valuation for 7161 YONGE Street 2231, Markham, ON L3T 0C8
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About Purchasing a Home in Markham, ON
For a property listed at $619,990 in Markham, the legal minimum down payment is $36,999 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 $8,875 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 $8,875.
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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.