399 Royal Orchard Boulevard Unit 215, Markham

Price: $1,460,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13709320

Welcome to Royal Bayview, Thornhill's prestigious new address by Tridel. This rarely offered2-bedroom, 2-bathroom residence offers an impressive 1,134 sq. ft. of beautifully designedliving space, combining sophisticated finishes, exceptional functionality, and modern comfort.Floor-to-ceiling windows fill the suite with natural light, while the expansive private terraceextends the living space outdoors, perfect for morning coffee, alfresco dining, entertaining,or relaxing at the end of the day.The elegant open-concept layout is anchored by a beautifully appointed kitchen featuringpremium Miele appliances, sleek cabinetry, and contemporary finishes, seamlessly flowing intothe generous living and dining areas.Both bedrooms are exceptionally well proportioned, including a spacious primary retreatfeaturing two large closets and a beautifully finished ensuite. A second full bathroom andthoughtfully designed floor plan provide added comfort and flexibility.Set within one of Thornhill's most sought-after new communities, Royal Bayview delivers thequality and craftsmanship Tridel is known for, paired with refined amenities and an exceptionallocation.

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active

$1,460,000 - 399 Royal Orchard Boulevard Unit 215, Markham

Condo for Sale in Markham

43 days on market

Neighbourhood: Royal Orchard

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
N13709320
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Maintenance Fees
$794/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to Royal Bayview, Thornhill's prestigious new address by Tridel. This rarely offered2-bedroom, 2-bathroom residence offers an impressive 1,134 sq. ft. of beautifully designedliving space, combining sophisticated finishes, exceptional functionality, and modern comfort.Floor-to-ceiling windows fill the suite with natural light, while the expansive private terraceextends the living space outdoors, perfect for morning coffee, alfresco dining, entertaining,or relaxing at the end of the day.The elegant open-concept layout is anchored by a beautifully appointed kitchen featuringpremium Miele appliances, sleek cabinetry, and contemporary finishes, seamlessly flowing intothe generous living and dining areas.Both bedrooms are exceptionally well proportioned, including a spacious primary retreatfeaturing two large closets and a beautifully finished ensuite. A second full bathroom andthoughtfully designed floor plan provide added comfort and flexibility.Set within one of Thornhill's most sought-after new communities, Royal Bayview delivers thequality and craftsmanship Tridel is known for, paired with refined amenities and an exceptionallocation.

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Estimated Payment

$6,458.07/mo

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5-yr fixed avg.

Principal: $1,168,000Interest: $769,422
Mortgage Amount$1,168,000
Total Interest$769,422
Est. Property Tax$1,034/mo
Total Cost$1,937,422

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

399 Royal Orchard Boulevard Unit 215, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$794
Property Tax (est.)-$1,034
Insurance (est.)-$304
Net Cash Flow+$228

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 $1460/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.

Market Position

At 43 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $794/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 $6,083 (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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    399 Royal Orchard Boulevard Unit 215 | $1,460,000 | Battaglia Team