315-399 Royal Orchard Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13535682

$1,249,000
For Sale
Listed 74 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill.
  • This stunning 2-bedroom, 2.5-bathroom suite offers 1,138 sq. ft. of refined living with a beautifully optimized floor plan, soaring ceilings and thoughtfully upgraded...
  • The open-concept living and dining area flows seamlessly into a beautifully upgraded gourmet kitchen with premium cabinetry and integrated Miele appliances.
  • Royal Bayview offers world-class amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor...
  • Located just minutes from Bayview, Highway 7 and 407, Richmond Hill Centre, Langstaff GO Station, parks, trails, shopping, and dining.

Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill. This stunning 2-bedroom, 2.5-bathroom suite offers 1,138 sq. ft. of refined living with a beautifully optimized floor plan, soaring ceilings and thoughtfully upgraded finishes throughout. Adjacent to the prestigious Ladies' Golf Club of Toronto, this home brings together luxury, nature, and convenience in one of the GTA's most sought-after neighbourhoods.The suite features a bright and functional layout with full-height, floor-to-ceiling windows that fill the space with natural light. The open-concept living and dining area flows seamlessly into a beautifully upgraded gourmet kitchen with premium cabinetry and integrated Miele appliances. Both bedrooms are generously sized, each with its own ensuite, offering excellent privacy and comfort, while the additional powder room adds everyday convenience for guests. Royal Bayview offers world-class amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor terrace, and beautifully designed common spaces. Located just minutes from Bayview, Highway 7 and 407, Richmond Hill Centre, Langstaff GO Station, parks, trails, shopping, and dining. Includes 1 parking space and 1 locker. Experience luxury living with nature at your doorstep at Royal Bayview. Property tax to be assessed.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13535682
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Bayview Ave & Royal Orchard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$882/mo
Exposure
East
Days on market
74
Listing brokerage
EXP REALTY

Rooms

FoyerFlat0.00 × 0.00 m

hardwood floor · closet

Dining RoomFlat5.49 × 4.32 m

hardwood floor · combined w/living · open concept

KitchenFlat4.42 × 2.44 m

hardwood floor · b/i appliances · centre island

Primary BedroomFlat3.45 × 4.11 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Living RoomFlat5.49 × 4.32 m

hardwood floor · combined w/dining · w/o to balcony

Bedroom 2Flat3.18 × 2.92 m

hardwood floor · large window · large closet

Our TakeTeam Asgarian · Broker
Worth a closer look
$576Kautomated comparable-sales estimate

Listed at $1,249,000. Comparable sales put this home around $576K, so the ask is about 117% 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.

List price
$527KBelow recent closings$1.25MAbove recent closings

Total price vs nearby homes. Fair value about $576K, median of 63 comparables.

The market behind the math:

9sold nearby · 90 days
$636Kmedian sold price
93%of asking, on average
+10%prices vs a year ago
~29 dayshomes like this take to sell
74days on market so far
$4,098/moest. rent · 5 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 10 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,136/sqft against an area asking average of $779/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 63 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 highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • 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
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 63 comparable homes that sold in Royal Orchard over the past two years, from 71 closings there.

What sellers nearby are askingCurrently listed nearby in Royal Orchard · asking prices
$752kavg asking

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 $576K, which is where my estimate comes from.

Per square foot, these ask about $684/sqft; this home lists at $1,136/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.25MThis home1.46M599k595k575k529kThis home vs active comparables

Neighbourhood & location

Royal Orchard, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Commerce Valley
$713K
Thornhill
$518K
Grandview
$499K
Unionville
$609K
Wismer
$478K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near E.J. Sand PS
73%
E.J. Sand PSPublic · Elementary · JK-8 · 1.5 km awayAround the GTA average · 73% meet the provincial standard
St. RobertEQAO results not published
Also nearby: 11 more schools within 2.5 km
Thornlea Secondary School · Public secondary0.6 km · 84% at standard
Willowbrook Public School · Public elementary0.7 km · 79% at standard
Woodland Public School · Public elementary0.8 km · 96% at standard
Stornoway Crescent Public School · Public elementary0.9 km
Johnsview Village Public School · Public elementary0.9 km · 84% at standard
St Rene Goupil-St Luke Catholic Elementary School · Catholic elementary1.3 km · 82% at standard
Baythorn Public School · Public elementary1.4 km · 82% at standard
Bayview Fairways Public School · Public elementary1.7 km · 91% at standard
Bayview Glen Public School · Public elementary1.7 km · 86% at standard
Henderson Avenue Public School · Public elementary2.1 km · 81% at standard
St Robert Catholic High School · Catholic secondary2.2 km · 94% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,693/mo
$263KIncome needed
4.7×Price ÷ income
$1,314Weekly cost
$21,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

77%mortgage
Mortgage $5,693Property tax $781Condo fee $882Total carry $7,356

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,469per month

Mortgage amount $999,200 · 4.39% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$7,132Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,469
Property tax
$781
Condo / maintenance fees
$882
Heating
$0
Estimated monthly cost
$7,132

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21,455
Estimated closing costs
$21,455

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,626/monthPayment at the qualifying rate

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

$641,609Total interest paid
$1,640,809Total of all payments
Principal $999,200 Interest $641,609
YearPrincipalInterestBalance
1$22,611$43,022$976,589
2$23,614$42,018$952,975
3$24,662$40,970$928,313
4$25,757$39,876$902,556
5$26,900$38,732$875,656
6$28,094$37,539$847,563
7$29,341$36,292$818,222
8$30,643$34,990$787,579
9$32,003$33,630$755,576
10$33,423$32,209$722,153
11$34,906$30,726$687,247
12$36,456$29,177$650,791
13$38,074$27,559$612,717
14$39,763$25,869$572,954
15$41,528$24,104$531,426
16$43,371$22,261$488,054
17$45,296$20,336$442,758
18$47,307$18,326$395,452
19$49,406$16,226$346,045
20$51,599$14,034$294,447
21$53,889$11,743$240,558
22$56,281$9,352$184,277
23$58,778$6,854$125,499
24$61,387$4,245$64,112
25$64,112$1,521$0

At the end of your 5-year term

Total paid over the term
$328,162
Principal paid down
$123,544
Interest paid
$204,618
Balance remaining
$875,656

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.

Let's connect

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

Rental yield
From 5 whole-home leases in Royal Orchard$4,098/mo
$49,176Gross annual rent
1.9%Cap rate after taxes and upkeep
$3,431 to $4,589Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Royal Orchard signed at a median of $3,036 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,098. 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.

3.9%
Gross yield
− Property tax $8,743− Condo fees $10,589− Insurance $600− Vacancy & upkeep $5,409Net operating income $23,835

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.

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