$399,800 - 7171 Yonge Street Unit 506, Markham
Condo for Sale in Markham
Popular ListingNeighbourhood: Grandview
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- MLS Number
- N13822024
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $2,420
- Maintenance Fees
- $547/mo
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Low-rise living with a view that's here to stay! This rare 5th-floor suite at World on Yonge faces lush greenery with fully unobstructed views. It's the sweet spot of the building: Facing away from Yonge St traffic, this suite hits the sweet spot: high enough for privacy and natural light, yet low enough for quick elevator access, easy stair access during fire alarms or elevator maintenance, and hassle-free move-ins. This stylish 622 sq ft 1 Bedroom + Den features a bright, open-concept layout, 9 ft ceilings, High quality Modern flooring throughout, and freshly painted. The spacious den is perfect as a home office or flex space. Enjoy your private balcony overlooking the trees. Includes 1 owned parking space. World class amenities include 24-hr concierge, fitness centre, indoor pool, party room, and Golf Simulator. You'll have direct indoor access to shops, banks, medical offices and restaurants, and you're steps to TTC, VIVA and Yonge St transit and minutes to Hwy 7. A turnkey opportunity in one of the area's most sought-after buildings. Not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$2,051.18/mo
Includes CMHC insurance ($11,154)
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 506, 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 $666/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.
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 $547/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 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.