519-399 Royal Orchard Boulevard, Markham, ON
Royal Orchard, Markham · MLS® N13222410
About this home
In short
- Tridel's Royal Bayview in Thornhill offers exclusive, home-sized residences overlooking the private Ladies' Golf Club of Toronto, blending luxury with modern serenity...
- This 2-bedroom plus den, 2.5-bath suite features large windows, an open-concept layout, a complete kitchen with a large built-in island, high end Miele appliances and...
- This suite includes 1 large locker room and 3 parking spots including 2 side-by-side parking spots and 1 handicap spot with EV-compatible space right beside the...
- Residents enjoy resort-style amenities including an saunas, indoor swimming pool, fitness centre, entertainment and mahjong rooms, a golf simulator, a stylish party...
Tridel's Royal Bayview in Thornhill offers exclusive, home-sized residences overlooking the private Ladies' Golf Club of Toronto, blending luxury with modern serenity in a premier neighbourhood. This 2-bedroom plus den, 2.5-bath suite features large windows, an open-concept layout, a complete kitchen with a large built-in island, high end Miele appliances and finishes, complemented by upgraded 10-foot ceilings and engineered hardwood throughout. This suite includes 1 large locker room and 3 parking spots including 2 side-by-side parking spots and 1 handicap spot with EV-compatible space right beside the underground elevator entrance.Residents enjoy resort-style amenities including an saunas, indoor swimming pool, fitness centre, entertainment and mahjong rooms, a golf simulator, a stylish party lounge, and an outdoor patio with fireplace. Crafted with exceptional attention to detail, this Royal Bayview suite offers a sophisticated lifestyle with the added convenience of parking spots and a locker room.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13222410
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599 sq ft
- Cross streets
- Bayview Ave and Royal Orchard
- Parking
- 3 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,369/mo
- Exposure
- West
- Days on market
- 111
- Listing brokerage
- HOMELIFE GOLD PACIFIC REALTY INC.
Rooms
open concept · combined w/dining · centre island
3 pc ensuite · walk-in closet(s)
open concept · combined w/living
open concept · w/o to terrace · west view
5 pc ensuite · walk-in closet(s)
Listed at $2,588,000. Comparable sales put this home around $662K, so the ask is about 291% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.
Longer on the market than typical. 111 days on the market against about 60 for homes like it here, and asking 291% above where comparable closings put it.
Total price vs nearby homes. Fair value about $662K, median of 49 comparables.
The market behind the math:
About 4.7 months of inventory: 14 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,726/sqft against an area asking average of $949/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 49 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Thornhill SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 49 comparable homes that sold in Royal Orchard over the past two years, from 71 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $662K, which is where my estimate comes from.
Per square foot, these ask about $662/sqft; this home lists at $1,726/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Royal Orchard, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 11 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $2,070,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,333
- Property tax
- $1,618
- Condo / maintenance fees
- $1,369
- Heating
- $0
- Estimated monthly cost
- $14,319
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,175
- Estimated closing costs
- $51,175
Plus your down payment of $517,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $679,970
- Principal paid down
- $255,990
- Interest paid
- $423,981
- Balance remaining
- $1,814,410
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 33 whole-home leases in Royal Orchard signed at a median of $3,914 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,261. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE GOLD PACIFIC REALTY INC.. MLS®/PropTx.