397 Royal Orchard Boulevard Unit 209, Markham

Price: $1,750,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13844644

Welcome to Royal Bayview, Thornhill's prestigious new address by Tridel. This rarely offered luxury residence offers 1,320 sq. ft. of beautifully designed living space, blending contemporary elegance with everyday comfort. The bright, open-concept layout features a sleek modern kitchen with a centre island, premium appliances, and refined finishes, seamlessly flowing into the spacious living and dining areas. Step outside to your private balcony, offering additional outdoor living space. The thoughtfully designed floor plan features two generous bedrooms, each with a walk-in closet, and two bathrooms, including a spacious primary ensuite. Enjoy the convenience of in-suite laundry, ample storage, one parking space, and one locker. Residents enjoy an exceptional collection of resort-inspired amenities, including an indoor pool, fitness centre, saunas, outdoor patio, and stylish party room. An exceptional opportunity to enjoy refined, luxurious living at Royal Bayview.

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New Listing
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$1,750,000 - 397 Royal Orchard Boulevard Unit 209, Markham

Condo for Sale in Markham

New — Listed 7 days ago

Neighbourhood: Royal Orchard

2Beds
2Baths
1,200Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
N13844644
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Markham
Maintenance Fees
$924/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
UNION CAPITAL REALTY
Description

Welcome to Royal Bayview, Thornhill's prestigious new address by Tridel. This rarely offered luxury residence offers 1,320 sq. ft. of beautifully designed living space, blending contemporary elegance with everyday comfort. The bright, open-concept layout features a sleek modern kitchen with a centre island, premium appliances, and refined finishes, seamlessly flowing into the spacious living and dining areas. Step outside to your private balcony, offering additional outdoor living space. The thoughtfully designed floor plan features two generous bedrooms, each with a walk-in closet, and two bathrooms, including a spacious primary ensuite. Enjoy the convenience of in-suite laundry, ample storage, one parking space, and one locker. Residents enjoy an exceptional collection of resort-inspired amenities, including an indoor pool, fitness centre, saunas, outdoor patio, and stylish party room. An exceptional opportunity to enjoy refined, luxurious living at Royal Bayview.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,740.84/mo

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5-yr fixed avg.

Principal: $1,400,000Interest: $922,252
Mortgage Amount$1,400,000
Total Interest$922,252
Est. Property Tax$1,240/mo
Total Cost$2,322,252

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

397 Royal Orchard Boulevard Unit 209, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
-0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$924
Property Tax (est.)-$1,240
Insurance (est.)-$365
Net Cash Flow-$9

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

Premium Pricing

At $1458/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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. The $924/month fees should cover building insurance, common elements, and reserve contributions.

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 $7,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    397 Royal Orchard Boulevard Unit 209 | $1,750,000 | Battaglia Team