$598,888 - 7811 Yonge Street Unit 310, Markham
Condo for Sale in Markham
New — Listed 6 days agoNeighbourhood: Thornhill
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- MLS Number
- N13850928
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $2,542
- Maintenance Fees
- $1,458/mo
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Welcome to this spacious North/East corner suite overlooking the Ladies' Golf Course, offering beautiful scenic views and an abundance of natural light. With large, bright principal rooms and a versatile layout, this suite is ready to be customized to suit your personal style and needs. The generous primary bedroom features wall-to-wall closets, while the EnSite bathroom includes a walk-in tub-sized shower for added comfort and accessibility. Located in one of Thornhill's well-established condominium communities, The Thornhill Summit offers exceptional value and convenience. Maintenance fees conveniently include heating, hydro, water, cable, and Wi-Fi. Ideally situated in the heart of Thornhill, with a Walk Score of 78, you're just steps from cafés, restaurants, shopping, parks, trails, schools, and public transit. Highway 407 is only minutes away, and the future Royal Orchard subway station will provide even greater connectivity. An excellent opportunity to create your ideal home while enjoying space, privacy, scenic views, and convenient amenities in one of Thornhill's established communities.
Estimate your monthly payments for this property
Estimated Payment
$3,072.60/mo
Includes CMHC insurance ($16,709)
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.
7811 Yonge Street Unit 310, 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 $499/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.
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 $1458/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,495 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.