7451 Yonge Street, Unit 401, Markham, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Thornhill. Expertly crafted featuring premium brick front and brick construction, this residence presents an exceptional opportunity offered at $597,000 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 3 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
This 2-bedroom apartment offers a spacious and inviting open-concept layout, combining the living, dining, and kitchen areas into a cohesive and airy space. The kitchen is practical and user-friendly, with essential appliances and sufficient counter space, seamlessly flowing into the dining and living areas. Each bedroom is of good size, providing ample room. The apartment includes a functional bathroom and a handy laundry area with necessary storage. Overall, it's a comfortable and practical living space suitable for a variety of lifestyles in a very quiet building with only four units on each floor. Close to all amenities and convenient transportation hubs.
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Property Summary
This condo apartment located at 7451 Yonge Street, Markham is currently for sale and has been available on SousaSells for 673 days. This property is listed at $597,000 with an estimated mortgage of $1,987* per month. It has 2 beds, 3 bathrooms, and is 1000-1199 square feet. 7451 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7451 Yonge Street 401, Markham, ON L3T 2B4
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 $597,000 in Markham, the legal minimum down payment is $34,700 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 $8,415 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 $8,415.
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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.