$458,000 - 7171 Yonge Street Unit 2703, Markham
Condo for Sale in Markham
New — Listed 5 days agoNeighbourhood: Grandview
- MLS Number
- N13498492
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Unbeatable Value & Lifestyle in the Complex! This spacious 1-bedroom suite offers 595 sq. ft. of thoughtfully designed living space, complete with 9-foot ceilings, a large private balcony, and panoramic views of Old Thornhill. Ideally situated on the quiet side of the building, away from Yonge Street traffic, it provides a peaceful living environment. This suite is perfect for first-time buyers, young professionals, downsizers, or savvy investors seeking exceptional value in a prime location. Located in the renowned World on Yonge, a well-managed and impeccably maintained building with direct indoor access to the vibrant Shops on Yonge-home to over 78 retail shops and services, including restaurants, cafés, beauty salons, jewellery stores, professional offices, a hotel, food court, and Seasons Supermarket. Everyday conveniences such as RBC, Shinhan Bank, medical and dental clinics are all right at your doorstep. Enjoy an unbeatable location just steps to TTC transit, Yonge/Steeles, and Centrepoint Mall, with quick access to the subway, Highways 401 & 407, and York University. Benefit from the future nearby subway extension, enhancing both convenience and long-term value. Exceptional building amenities include an indoor pool, fitness centre, sauna, hot tub, party room, theatre, guest suites, rooftop garden with BBQ area, 24-hour security, and ample free underground visitor parking.
Estimate your monthly payments for this property
Estimated Payment
$2,349.78/mo
Includes CMHC insurance ($12,778)
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.
7171 Yonge Street Unit 2703, 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 $916/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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 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.