$949,000 - 7165 Yonge Street Unit 2509, Markham
Condo for Sale in Markham
Neighbourhood: Grandview
- MLS Number
- N13245564
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Rare Opportunity to Own a Spacious 3-Bedroom + Office Unit with 3 Bathrooms and 2 Underground Parking Spaces, and a Large Locker for Under $1 Million! This Lower penthouse offers over 1,250 sq. ft. of beautifully designed interior living space, complemented by an impressive 545+ sq. ft. L-shaped wrap-around terrace perfect for outdoor dining, entertaining, gardening, or simply enjoying the breathtaking views. One of the largest 3-bedroom + office floor plans in the building, this exceptional residence features highly functional layout designed for modern living. The spacious office provides the ideal work-from-home space. Bright open-concept living and dining areas with natural light while showcasing stunning views. The interior layout offers the perfect balance of comfort, and practicality for families and professionals alike. Adding tremendous value are two premium underground parking spaces and a large storage locker, providing convenience and ample storage rarely found in condominium living. Ideally located with direct access and just minutes' walk to a supermarket, shopping mall, restaurants, cafes, and everyday amenities, this home offers an unmatched lifestyle of convenience and connectivity. A rare combination of size, outdoor living space, 3 bedrooms plus office,3 bathrooms, 2 parking spaces, and a locker-all at an exceptional price point. ! Current tenant pays $5000.00 rent/month
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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 Grandview
Grandview 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 Grandview
- •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
Grandview 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.
7165 Yonge Street Unit 2509, 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 $791/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 29 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. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
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 Grandview
I know Grandview 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.