16 Elgin Street, Unit 316, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Thornhill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $489,000 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 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Sauna, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover spacious two-level living at 16 Elgin Street, Suite 316, a rarely offered 2-storey condo featuring 1,039 sqft., 2 bedrooms, 2 bathrooms & 1 exclusive underground parking space in Markham's established Thornhill community. Laminate & ceramic tile flooring welcome you into the main level, where the kitchen features a centre island with breakfast bar seating, mirrored backsplash & pot lights. Open-concept living & dining areas provide an inviting setting for everyday living & entertaining, with a walkout to a spacious balcony. A main-floor bedroom offers a large window & double closet, complemented by a 2-piece powder room with a pedestal sink. Upstairs, broadloom adds comfort, while a secondary entrance provides added convenience. The primary bedroom features a generous walk-in closet with organizers, a 3-piece ensuite with a jetted soaker tub & pedestal sink, plus its own walkout to a spacious rooftop terrace. Two levels of private outdoor space create welcoming settings to relax & enjoy the fresh air. A separate upper-level laundry room adds everyday practicality. Residents enjoy an exercise room, indoor pool, sauna, party/meeting room, recreation room, outdoor playground & ample visitor parking. Comprehensive maintenance fees include heat, hydro, water, central air conditioning, cable TV, internet & parking for exceptional convenience. Enjoy nearby Woodland Park & Pomona Mills Park, with The Thornhill Golf Club, Thornhill Outdoor Swimming Pool, Garnet A. Williams Community Centre & Thornhill Community Centre offering further recreation options. Nearby schools include Thornhill Public School, Thornhill Secondary School, E.J. Sand Public School & Baythorn Public School. Ideally situated just off Yonge Street, close to restaurants, shopping, YRT/Viva service & connections to GO Transit, with the planned Yonge North Subway Extension adding future transit appeal. Convenient access to Highways 7 & 407 makes travelling across the GTA easy.
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Property Summary
This condo apartment located at 16 Elgin Street, Markham is currently for sale and has been available for 0 days. This property is listed at $489,000 with an estimated mortgage of $1,628* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 16 Elgin Street, Markham is in the Thornhill neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Thornhill, Markham.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1000-1199 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Markham.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Golf
- Library
- Park
- Public Transit
- School
- Rec./Commun.Centre
Interior Features
- Auto Garage Door Remote
- Sauna
- Storage
- Water Heater
- Primary Bedroom - Main Floor
- In-Law Capability
Security Features
- Concierge/Security
- Carbon Monoxide Detectors
- Monitored
- Smoke Detector
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Markham?
If you are looking for a house in Markham or researching Markham real estate for sale, this 2-bedroom condo apartment at 16 Elgin Street, Unit 316, Markham, ON offers an exceptional opportunity to buy a home in Markham, Ontario. Whether you are a first-time Markham home buyer or comparing active Markham MLS® homes for sale, working with a dedicated Markham buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Markham Buyer Budget & Costs
Estimated mortgage: $1,628*/month*. Estimated Ontario Land Transfer Tax: $6,255. First-time Markham home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Markham
Frequently Asked Questions about 16 Elgin Street, Unit 316, Markham, ON
Q.What is the asking price for 16 Elgin Street, Unit 316, Markham, ON ?
The current listing price for 16 Elgin Street, Unit 316, Markham, ON in Thornhill, Markham is $489,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.
Q.What property type and architectural style is 16 Elgin Street, Unit 316, Markham, ON ?
16 Elgin Street, Unit 316, Markham, ON is a Condo Apartment (2-Storey) featuring a None basement.
Q.What key property features does 16 Elgin Street, Unit 316, Markham, ON offer?
Key property features include: Golf, Library, Park, Public Transit, School, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Sauna, Storage, Water Heater, Primary Bedroom - Main Floor, In-Law Capability.
Q.What security features are installed at 16 Elgin Street, Unit 316, Markham, ON ?
Security features include: Concierge/Security, Carbon Monoxide Detectors, Monitored, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Virtual Tour & 3D Walkthrough
Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Thornhill, Markham
18 assaults (37.5/100k)
20 B&E (41.7/100k)
34 thefts (70.8/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 16 Elgin Street 316, Markham, ON L3T 4T4
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 $489,000 in Markham, the legal minimum down payment is $24,450 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 $6,255 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 $6,255.
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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.
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