418-7167 Yonge Street, Markham, ON

Grandview, Markham · MLS® N13564754

$490,000
For Sale
Listed 96 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome To This Well-Kept And Wonderfully Bright 1+Den Condo At World On Yonge.
  • This Charming, Sun-Filled Home Features A Practical Open Concept Layout And Soaring 9-Foot Ceilings.
  • The Comfortable Primary Bedroom Features A Generous Walk-In Closet For Plentiful Storage.
  • Great Building Amenities Include A 24-Hour Concierge, An Indoor Pool, A Gym, And A Party Room.

Welcome To This Well-Kept And Wonderfully Bright 1+Den Condo At World On Yonge. This Charming, Sun-Filled Home Features A Practical Open Concept Layout And Soaring 9-Foot Ceilings. Neat Laminate Flooring Runs Throughout The Spacious Unit Where The Versatile Den Easily Functions As A Second Bedroom Or A Home Office. The Practical Kitchen Offers Reliable Granite Countertops, A Ceramic Backsplash, And Stainless Steel Appliances. Step Out Onto Either Of Your Two Balconies To Take In Clean, Unobstructed South-Facing Views. The Comfortable Primary Bedroom Features A Generous Walk-In Closet For Plentiful Storage. Enjoy Exceptional Daily Convenience With Direct Indoor Access To The Shops On Yonge, Grocery Stores, And Medical Offices. Great Building Amenities Include A 24-Hour Concierge, An Indoor Pool, A Gym, And A Party Room. Perfectly Located Steps From TTC And YRT/VIVA Routes With Direct Connections To Finch Subway Station. This Excellent Package Comes Complete With One Parking Space And A Large Locker. A Fantastic Opportunity In An Established, Convenient Community!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13564754
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge/Steeles
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$520/mo
Exposure
South
Property tax
$2,290 / 2026
Days on market
96
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Living RoomFlat4.06 × 3.04 m

open concept · combined w/dining · w/o to balcony

BedroomFlat3.96 × 2.84 m

walk-in closet(s) · laminate · w/o to balcony

DenFlat2.43 × 2.13 m

laminate · separate room

Dining RoomFlat4.06 × 3.04 m

combined w/kitchen · laminate · open concept

KitchenFlat2.54 × 4.25 m

open concept · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$478Klikely sale price

Listed at $490,000. Going by how homes in Grandview and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $478K, if it sells. A realistic range is $450K to $517K.

Independent value check: $506K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $471K and $532K).

Why $506K. The typical condo sold in Grandview over the past year went for about $534K (30 sales). What sets this one apart:

  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,290 a year; the typical home sold here pays about $2,500.
List price
$450KBelow recent closings$517KAbove recent closings

Total price vs nearby homes. Likely closing about $478K, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$508Kmedian sold price
97%of asking, on average
−18%prices vs a year ago
~41 dayshomes like this take to sell
96days on market so far
$2,389/moest. rent · 53 leases
5.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 11 condo apartment homes for sale in the area against 11 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 $754/sqft against an area asking average of $779/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $472K. Condition and finishes remain an 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.

  • 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 8 homes sold in this building over the past two years, from 90 closings in Grandview.

What sellers nearby are askingCurrently listed nearby in Grandview · asking prices
$494kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $760/sqft; this home lists at $754/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
490kThis home498k498k499k480kThis home vs active comparables

Sold price trend

Median sold price for condos in Markham: $533K in September 2026, down 10% from a year ago, on 676 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$600K61
November 2025$610K53
December 2025$627K34
January 2026$583K40
February 2026$550K53
March 2026$564K54
April 2026$573K68
May 2026$563K52
June 2026$579K88
July 2026$528K61
August 2026$552K60
September 2026$533K52

Neighbourhood & location

Grandview, 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.

Thornhill
$588K
Royal Orchard
$1.64M
Aileen-Willowbrook
$674K
Commerce Valley
$541K
Unionville
$636K

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

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

Affordability & Mortgage

Affordability
$2,233/mo
$104KIncome needed
4.7×Price ÷ income
$515Weekly cost
$6,275Land 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.

76%mortgage
Mortgage $2,233Property tax $191Condo fee $520Total carry $2,944

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,167per month

Mortgage amount $392,000 · 4.49% over 25 years

$98,000Down payment (20.0%)
$392,000Loan before insurance
$0CMHC premium
$2,878Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Property tax
$191
Condo / maintenance fees
$520
Heating
$0
Estimated monthly cost
$2,878

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

One-time closing costs

Ontario land transfer tax
$6,275
Estimated closing costs
$6,275

Plus your down payment of $98,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,231Total interest paid
$650,231Total of all payments
Principal $392,000 Interest $258,231
YearPrincipalInterestBalance
1$8,748$17,261$383,252
2$9,145$16,864$374,107
3$9,560$16,449$364,547
4$9,994$16,015$354,553
5$10,448$15,561$344,105
6$10,922$15,087$333,182
7$11,418$14,591$321,764
8$11,937$14,072$309,827
9$12,479$13,530$297,349
10$13,045$12,964$284,303
11$13,638$12,372$270,666
12$14,257$11,752$256,409
13$14,904$11,105$241,505
14$15,581$10,428$225,924
15$16,288$9,721$209,636
16$17,028$8,981$192,608
17$17,801$8,208$174,807
18$18,609$7,400$156,197
19$19,454$6,555$136,743
20$20,337$5,672$116,406
21$21,261$4,748$95,145
22$22,226$3,783$72,919
23$23,235$2,774$49,683
24$24,290$1,719$25,393
25$25,393$616$0

At the end of your 5-year term

Total paid over the term
$130,046
Principal paid down
$47,895
Interest paid
$82,151
Balance remaining
$344,105

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 53 whole-home leases in Grandview$2,389/mo
$28,668Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,270 to $2,509Typical rent range
~22 daysTo find a tenant, on average

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 53 whole-home leases in Grandview signed at a median of $2,453 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,389. 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.

5.9%
Gross yield
− Property tax $2,290− Condo fees $6,240− Insurance $600− Vacancy & upkeep $3,153Net operating income $16,385

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

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