$518,888 - 7161 Yonge Street Unit 1728, Markham
Condo for Sale in Markham
New — Listed todayNeighbourhood: Thornhill
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- N14108826
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $2,299
- Maintenance Fees
- $558/mo
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Best1 bedroom! Spacious functional layout better than 1+1 to live comfortably, sun filled &stylish unit with high 9 ft ceilings, a rare WALK-IN closet with additional storage shelves, large bedroom with large window overlooking the city. Upscale unit. PREMIUM SOUTH PANORAMIC views of the City & trees, retreat to 3pc patio set, on the private ~ 80 sgft Full Length Terrace off the spacious living rm which accommodates regular sized furniture, floor to ceiling sliding glass doors. UPGRADED unit with: 8" Wide laminate, fancy faucets, granite & marble counters, deep undermount sink, extra storage shelves & cabinets thru-out. Rare spacious LR accommodates electric fireplace-TV stand & regular sized furniture, a rare feature. The spa like has upgraded marble counters & tiles, his & hers wall cabinets & a rain showerhead. Enjoy cooking on the FULL SIZED S/S Kitchen appliances (stove, dishwasher, microwave above stove, Fridge);Quality new (2025) upgraded white kitchen cabinets add to sophistication of the unit with a rare eat-in kitchen, new (2025) white stacked white front loading Washer + Dryer within a dedicated & tiled space, a dedicated double mirrored sliding doors hallway closet with extra storage greets you at the foyer. One owned & private parking spot located near elevators. A Truly Stunning unit in LUXURIOUS & Prestigious World on Yonge with top notch amenities: fitness gym, pool, hot tubs, sauna, party rm, billiards, golf simulator, + more + 24 hrs security/concierge, connected to indoor mall with grocery, restaurants, retail + medical, close to TTC & VIVA, parks, schools & highways. future subway coming!
Estimate your monthly payments for this property
Estimated Payment
$2,662.16/mo
Includes CMHC insurance ($14,477)
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 Thornhill
Thornhill 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 Thornhill
- •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
Thornhill 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.
7161 Yonge Street Unit 1728, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $865/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 $558/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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 Thornhill
I know Thornhill 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 $2,162 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.