8111 Yonge Street, Unit 07, Markham, ON

$899,900
MLS#:N9302067
3 beds
2 baths
1400-1599 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 Royal Orchard. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

BRAND NEW - NEVER LIVED IN & FULLY RENOVATED W/Top Of The Line Designer Finishes Located In Prime Thornhill/Markham Walking Distance To Parks, Future Subway, Transit, Grocery Stores & Endless Amenities. High End Features Include: Enormous Balcony & Locker, Wide Plank Flooring Throughout, Enormous Modern Kitchen With Ample Counter Space, Centre Island, Quartz Counter Tops & Backsplash, Pot Lights, Smooth Ceiling's Everywhere, Stunning Mouldings & Premium Extensive Carpentry Work T-Out. Exotic Porcelain Tiles & Floors From Spain & Walls In Washrooms, Designer Paint, Custom Contemporary Closet Organizers T-Out & Doors, Rich Mat Black Hardware T-Out. An Abundance Of Gigantic Windows In The Living Room Allowing In An Immense Of Natural Light. Gigantic Balcony & Locker, Large Walk-In Laundry Room, Ultra Low Maintenance Fees Includes ALL Utilities, Even Cable. Exceptional Well Maintained & Extremely Quiet Building. Leveled Out Concrete Floors. Electrical Safety Authority Certificate. Brand New Upgraded Electrical Panel. Undoubtedly The Best Renovated Condo In The Building. Won't Last Long.

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Property Summary

This condo apartment located at 8111 Yonge Street, Markham is currently for sale and has been available on SousaSells for 677 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 3 beds, 2 bathrooms, and is 1400-1599 square feet. 8111 Yonge Street, Markham is in the Royal Orchard neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 24, 2024
Sold price information is available to members only
Listed Date9/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$2,803.25

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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8111 Yonge Street, Unit 07, 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 8111 Yonge Street 1507, Markham, ON L3T 4V9

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$269,970 (30.0%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period30 Years
Estimated Monthly Payment$2,995Based on a loan of $629,930 over 30 years.
Purchase Price$899,900
Loan Amount$629,930
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Markham, ON

For a property listed at $899,900 in Markham, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,433,782

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.