$500,000 - 7167 Yonge Street Unit 418, Markham
Condo for Sale in Markham
40 days on marketNeighbourhood: Grandview
- MLS Number
- N13564754
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome To This Well-Kept And Wonderfully Bright 1+Den Condo At World On Yonge. This Charming, Sun-Filled Home Features A Practical Open Concept Layout And Soaring 9-Foot Ceilings. Neat Laminate Flooring Runs Throughout The Spacious Unit Where The Versatile Den Easily Functions As A Second Bedroom Or A Home Office. The Practical Kitchen Offers Reliable Granite Countertops, A Ceramic Backsplash, And Stainless Steel Appliances. Step Out Onto Either Of Your Two Balconies To Take In Clean, Unobstructed South-Facing Views. The Comfortable Primary Bedroom Features A Generous Walk-In Closet For Plentiful Storage. Enjoy Exceptional Daily Convenience With Direct Indoor Access To The Shops On Yonge, Grocery Stores, And Medical Offices. Great Building Amenities Include A 24-Hour Concierge, An Indoor Pool, A Gym, And A Party Room. Perfectly Located Steps From TTC And YRT/VIVA Routes With Direct Connections To Finch Subway Station. This Excellent Package Comes Complete With One Parking Space And A Large Locker. A Fantastic Opportunity In An Established, Convenient Community!
Estimate your monthly payments for this property
Estimated Payment
$2,565.26/mo
Includes CMHC insurance ($13,950)
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.
7167 Yonge Street Unit 418, Markham
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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 $833/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.
Market Position
At 40 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.
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 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.
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.