7171 Yonge Street, Markham, ON

$485,000
MLS#:N13137166
2 beds
1 baths
600-699 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 Grandview. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $485,000 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 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • Features a none, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 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

Welcome to Suite 709 at 7171 Yonge Street. Don't miss this bright and stylish 1 Bed + Den, 1 Bath suite in the highly coveted World on Yonge community by Liberty Development! Offering 616 sq.ft. of thoughtfully designed living space, this freshly painted unit is truly move-in ready with crisp, modern finishes throughout. Step inside to find sleek vinyl flooring throughout, soaring 9-foot ceilings, and an open-concept layout that maximizes every square foot. The functional eat-in kitchen features full-sized stainless steel appliances and flows seamlessly into the living and dining area. The perfect space for entertaining and everyday living. The versatile den makes an ideal home office, nursery, or guest space. Step out onto your large West-facing balcony and enjoy stunning sunset views every evening. An exceptional value, this suite comes complete with one owned parking spot and two owned lockers, which is a rare find in this complex! Building Amenities Include: Indoor pool, gym, sauna, hot tub, party room, theatre/media room, guest suites, rooftop garden with BBQ, and 24/7 security with concierge. Location, Location, Location! Enjoy direct access to the "Shops on Yonge" complex, home to dozens of restaurants, beauty and jewellery stores, professional offices, a food court, and Seasons Supermarket. RBC and Shinlan banks, medical and dentistry clinics are all right at your doorstep. A short walk takes you to TTC at Yonge & Steeles and Centrepoint Mall, with quick access to the subway, Highways 401 & 407, and bus routes to York University. This location boasts a Walk Score of 90 - meaning daily errands are easily done on foot. Whether you're a first-time buyer, downsizer, or savvy investor, Suite 709 checks every box. Don't miss your opportunity to own in one of Thornhill's most sought-after addresses!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 9, 2026
Sold price information is available to members only
Listed Date5/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone, Apartment
CountyYork
Annual Tax$2,358

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Rec./Commun.Centre, Park

Interior Features

Carpet Free

Security Features

Concierge/Security

Community Features

Location

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7171 Yonge Street, 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 7171 Yonge Street 709, Markham, ON L3T 0C5

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 Rate5.25%
Down Payment$24,250 (5.0%)
* Minimum Canadian down payment required for this price is $24,250.
Amortization Period25 Years
Estimated Monthly Payment$2,746Based on a loan of $460,750 over 25 years.
Purchase Price$485,000
Loan Amount$460,750
Provincial Land Transfer Tax:$6,175
Total Estimated Closing Taxes:$6,175

About Purchasing a Home in Markham, ON

For a property listed at $485,000 in Markham, the legal minimum down payment is $24,250 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 $6,175 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 $6,175.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,176,390

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

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Secondary Schools

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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.