202 Royal Orchard Boulevard, Markham

Price: $838,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13529754

Welcome to this beautifully maintained 2-storey townhouse in the highly sought-after community of Royal Orchard. Perfectly situated in an excellent location, this bright and spacious home offers 3 generously sized bedrooms, 2 bathrooms, and an ideal layout for families, first-time buyers, and investors alike. The main floor features a spacious living and dining area, complemented by a functional kitchen with ample cabinetry and workspace. The home has been updated with flooring throughout, creating a fresh look. Upstairs, you'll find three comfortable bedrooms and a full bathroom, providing plenty of space for the entire family. The attached garage offers the convenience of direct access into the home. Outside, enjoy beautifully maintained front and back gardens, perfect for relaxing, gardening, or entertaining. The property also features a whole-home water softener and drinking water filtration system, while all heating, cooling, electrical systems, and plumbing have been well maintained and are in excellent working order. x Surrounded by friendly neighbours and located near two highly regarded schools, parks, shopping, public transit, and major highways, this exceptional home combines comfort, convenience, and lasting value in one of the area's most desirable communities.

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$838,000 - 202 Royal Orchard Boulevard, Markham

Condo for Sale in Markham

48 days on market

Neighbourhood: Royal Orchard

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13529754
Property Type
Condo
Status
active
Days on Site
48
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Markham
Locker
None
Exposure
East West
Balcony
None
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Welcome to this beautifully maintained 2-storey townhouse in the highly sought-after community of Royal Orchard. Perfectly situated in an excellent location, this bright and spacious home offers 3 generously sized bedrooms, 2 bathrooms, and an ideal layout for families, first-time buyers, and investors alike. The main floor features a spacious living and dining area, complemented by a functional kitchen with ample cabinetry and workspace. The home has been updated with flooring throughout, creating a fresh look. Upstairs, you'll find three comfortable bedrooms and a full bathroom, providing plenty of space for the entire family. The attached garage offers the convenience of direct access into the home. Outside, enjoy beautifully maintained front and back gardens, perfect for relaxing, gardening, or entertaining. The property also features a whole-home water softener and drinking water filtration system, while all heating, cooling, electrical systems, and plumbing have been well maintained and are in excellent working order. x Surrounded by friendly neighbours and located near two highly regarded schools, parks, shopping, public transit, and major highways, this exceptional home combines comfort, convenience, and lasting value in one of the area's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,299.37/mo

Includes CMHC insurance ($23,380)

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5-yr fixed avg.

Principal: $754,200Interest: $512,232
Mortgage Amount$777,580
Total Interest$512,232
Est. Property Tax$594/mo
Total Cost$1,289,812

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Royal Orchard

Discover Royal Orchard

Royal Orchard is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Royal Orchard

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Royal Orchard offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

202 Royal Orchard Boulevard, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$594
Insurance (est.)-$175
Net Cash Flow+$1,371

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $698/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 48 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Royal Orchard

I know Royal Orchard well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,492 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    202 Royal Orchard Boulevard, Markham | $838,000 | Battaglia Team