7171 Yonge Street, Markham, ON
Property no longer active
This property was sold on July 24, 2024. 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 $550,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 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
World on Yonge is an incredible mixed use development that offers convenience and a vibrant lifestyle. Located on Yonge and just north of Steeles, the building complex consists of retail shops, food court and supermarket. It is also steps to public transit and restaurants! This bright, open concept and functional unit offers 9 ft ceilings, clear unobstructed SW view of the city, modern finishes, granite countertops & S/S appliances, ensuite laundry and includes 1 parking spot. Excellent amenities including Conierge, Gym, Indoor Pool, and Visitor Parking.
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Property Summary
This condo apartment located at 7171 Yonge Street, Markham is currently for sale and has been available on SousaSells for 746 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 7171 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 7171 Yonge Street 2011, Markham, ON L3T 0C5
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 $550,000 in Markham, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.