LPH22-399 Royal Orchard Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13646080

$2,995,000
For Sale
Listed 74 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
3Bathrooms
2Garage
1800-1999Sq ft

About this home

In short

  • Welcome to elevated living in this stunning Lower Penthouse residence offering unobstructed golf course views and exceptional space.
  • This beautifully designed suite features 2 large bedrooms plus a versatile den, 3 bathrooms, and a thoughtfully laid-out interior ideal for both everyday living and...
  • Residents enjoy access to state-of-the-art amenities, including an indoor pool, sauna, elegant party room, media room, and a professional golf simulator - delivering...

Welcome to elevated living in this stunning Lower Penthouse residence offering unobstructed golf course views and exceptional space. This beautifully designed suite features 2 large bedrooms plus a versatile den, 3 bathrooms, and a thoughtfully laid-out interior ideal for both everyday living and entertaining. Enjoy a generous laundry room, excellent storage throughout, and sun-filled living spaces framed by breathtaking, open views. The functional layout provides privacy between bedrooms while maintaining seamless flow for hosting and relaxing. Residents enjoy access to state-of-the-art amenities, including an indoor pool, sauna, elegant party room, media room, and a professional golf simulator - delivering resort-style living at home. Two parking spaces and a locker are included for added convenience. An exceptional opportunity to own a premium penthouse-level home with luxury finishes, outstanding amenities, and a truly spectacular outlook.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13646080
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1800-1999 sq ft
Cross streets
Bayview and Royal Orchard
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,600/mo
Exposure
North West
Days on market
74
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Dining RoomFlat6.70 × 6.37 m

combined w/living · w/o to terrace · overlook golf course

DenFlat2.92 × 3.47 m

overlook golf course · hardwood floor · pocket doors

Living RoomFlat6.70 × 6.37 m

combined w/dining · open concept · large window

Bedroom 2Flat4.57 × 3.57 m

3 pc ensuite · w/o to balcony · ne view

KitchenFlat6.70 × 2.40 m

centre island · b/i appliances · open concept

Primary BedroomFlat4.88 × 3.66 m

5 pc ensuite · walk-in closet(s) · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Royal Orchard, Markham, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Aileen-Willowbrook
$674K
Commerce Valley
$541K
Thornhill
$588K
Grandview
$491K
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
$13,650/mo
$616KIncome needed
4.9×Price ÷ income
$3,150Weekly cost
$61,350Land 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.

80%mortgage
Mortgage $13,650Estimated property tax $1,872Condo fee $1,600Total carry $17,122

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$13,248per month

Mortgage amount $2,396,000 · 4.49% over 25 years

$599,000Down payment (20.0%)
$2,396,000Loan before insurance
$0CMHC premium
$16,720Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,248
Estimated property tax
$1,872
Condo / maintenance fees
$1,600
Heating
$0
Estimated monthly cost
$16,720

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

One-time closing costs

Ontario land transfer tax
$61,350
Estimated closing costs
$61,350

Plus your down payment of $599,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,034/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

$1,578,369Total interest paid
$3,974,369Total of all payments
Principal $2,396,000 Interest $1,578,369
YearPrincipalInterestBalance
1$53,469$105,506$2,342,531
2$55,896$103,079$2,286,635
3$58,434$100,541$2,228,201
4$61,087$97,887$2,167,114
5$63,861$95,114$2,103,253
6$66,760$92,214$2,036,493
7$69,792$89,183$1,966,701
8$72,960$86,014$1,893,741
9$76,273$82,702$1,817,468
10$79,736$79,239$1,737,731
11$83,357$75,618$1,654,375
12$87,141$71,833$1,567,233
13$91,098$67,877$1,476,136
14$95,234$63,741$1,380,902
15$99,558$59,417$1,281,344
16$104,078$54,896$1,177,265
17$108,804$50,171$1,068,461
18$113,744$45,231$954,717
19$118,909$40,066$835,809
20$124,307$34,667$711,501
21$129,952$29,023$581,550
22$135,852$23,123$445,698
23$142,020$16,955$303,678
24$148,468$10,506$155,209
25$155,209$3,765$0

At the end of your 5-year term

Total paid over the term
$794,874
Principal paid down
$292,747
Interest paid
$502,127
Balance remaining
$2,103,253

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
Estimate$6,100/mo
$73,200Gross annual rent
0.8%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.4%
Gross yield
− Property tax $20,965− Condo fees $19,200− Insurance $600− Vacancy & upkeep $8,052Net operating income $24,383

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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