399 Royal Orchard Boulevard Unit 315, Markham

Price: $888,000

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13862842

Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill. This stunning 2-bedroom, 2.5-bathroom suite offers 1,138 sq. ft. of refined living with a beautifully optimized floor plan, soaring ceilings and thoughtfully upgraded finishes throughout. Adjacent to the prestigious Ladies' Golf Club of Toronto, this home brings together luxury, nature, and convenience in one of the GTA's most sought-after neighbourhoods.The suite features a bright and functional layout with full-height, floor-to-ceiling windows that fill the space with natural light. The open-concept living and dining area flows seamlessly into a beautifully upgraded gourmet kitchen with premium cabinetry and integrated Miele appliances. Both bedrooms are generously sized, each with its own ensuite, offering excellent privacy and comfort, while the additional powder room adds everyday convenience for guests. Royal Bayview offers world-class amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor terrace, and beautifully designed common spaces. Located just minutes from Bayview, Highway 7 and 407, Richmond Hill Centre, Langstaff GO Station, parks, trails, shopping, and dining. Includes 1 parking space and 1 locker. Experience luxury living with nature at your doorstep at Royal Bayview. Property tax to be assessed.

399 Royal Orchard Boulevard Unit 315 - Condo photo 1 of 18 in Markham, Ontario
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active
New Listing

$888,000 - 399 Royal Orchard Boulevard Unit 315, Markham

Condo for Sale in Markham

New — Listed 2 days ago

Neighbourhood: Royal Orchard

2Beds
3Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
N13862842
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Markham
Maintenance Fees
$882/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
META REALTY INC.
Description

Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill. This stunning 2-bedroom, 2.5-bathroom suite offers 1,138 sq. ft. of refined living with a beautifully optimized floor plan, soaring ceilings and thoughtfully upgraded finishes throughout. Adjacent to the prestigious Ladies' Golf Club of Toronto, this home brings together luxury, nature, and convenience in one of the GTA's most sought-after neighbourhoods.The suite features a bright and functional layout with full-height, floor-to-ceiling windows that fill the space with natural light. The open-concept living and dining area flows seamlessly into a beautifully upgraded gourmet kitchen with premium cabinetry and integrated Miele appliances. Both bedrooms are generously sized, each with its own ensuite, offering excellent privacy and comfort, while the additional powder room adds everyday convenience for guests. Royal Bayview offers world-class amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor terrace, and beautifully designed common spaces. Located just minutes from Bayview, Highway 7 and 407, Richmond Hill Centre, Langstaff GO Station, parks, trails, shopping, and dining. Includes 1 parking space and 1 locker. Experience luxury living with nature at your doorstep at Royal Bayview. Property tax to be assessed.

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Estimated Payment

$4,555.90/mo

Includes CMHC insurance ($24,775)

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5-yr fixed avg.

Principal: $799,200Interest: $542,795
Mortgage Amount$823,975
Total Interest$542,795
Est. Property Tax$629/mo
Total Cost$1,366,770

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 315, 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)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$882
Property Tax (est.)-$629
Insurance (est.)-$185
Net Cash Flow+$664

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

Fair Market Value

At $888/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 $882/month fees should cover building insurance, common elements, and reserve contributions.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    399 Royal Orchard Boulevard Unit 315 | $888,000 | Battaglia Team