$528,000 - 60 Inverlochy Boulevard Unit 606, Markham
Condo for Sale in Markham
Neighbourhood: Royal Orchard
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- MLS Number
- N13812556
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $2,181
- Maintenance Fees
- $1,067/mo
- Locker
- Ensuite
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 NEW CONCEPT
Discover this spacious two-bedroom condo in the highly sought-after Royal Orchard neighborhood. Large south-facing, large windows fill the home with natural light and offer beautiful, unobstructed views. Enjoy large 200 sq. ft. balcony. Located just steps from Yonge Street, the building offers easy access to public transit, parks, shopping, and everyday conveniences.All-inclusive maintenance fee covers cable and internet. Residents also enjoy exclusive access to the Orchard Club, with amenities including a hobby room, billiards, tennis and basketball courts, and an indoor pool. A great opportunity to enjoy comfort, convenience, and plenty of amenities in a desirable community.
Estimate your monthly payments for this property
Estimated Payment
$2,708.91/mo
Includes CMHC insurance ($14,731)
5-yr fixed avg.
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.
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
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.
60 Inverlochy Boulevard Unit 606, Markham
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $587/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.
Market Position
At 15 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 $1067/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,200 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.