$659,900 - 7811 Yonge Street Unit 701, Markham
Condo for Sale in Markham
New — Listed 7 days agoNeighbourhood: Thornhill
- MLS Number
- N13681176
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- Ensuite
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- PAUL ZAMMIT REAL ESTATE LTD.
1,235 sf of bright, beautifully proportioned condo living with incredible golf-course views - and space that's increasingly hard to find. This exceptional 2-bedroom + oversized den suite at The Thornhill Summit offers generous room sizes, a functional layout, and a peaceful setting overlooking the historic Ladies' Golf Club.The expansive living and dining area is ideal for both everyday living and entertaining, while the oversized den offers exceptional flexibility as a home office, family room, media room, or guest space. A separate oversized laundry room with abundant storage provides a level of practicality rarely found in condo living.Large windows fill the suite with natural light, while the spacious terrace overlooks the golf course, creating a private, green and tranquil backdrop year-round.Residents enjoy an impressive array of amenities including an outdoor pool, gym, sauna, library, games room, party room, and ample visitor parking. Maintenance fees conveniently include heating, hydro, water, cable, and Wi-Fi.Ideally located in the heart of Thornhill with a Walk Score of 78, you're steps from cafes, restaurants, shopping, parks, trails, schools, and transit. Highway 407 is just minutes away, with the future Royal Orchard subway station adding even greater convenience.Exceptional value for spacious condo living in one of Thornhill's most established and connected communities. A rare opportunity to enjoy the space, views, privacy, and amenities that make The Thornhill Summit such a desirable place to call home.Virtual staging used on balcony.
Estimate your monthly payments for this property
Estimated Payment
$3,385.63/mo
Includes CMHC insurance ($18,411)
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 701, 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 $550/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. We'll want to verify the monthly fees and what they include.
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 $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.