217-399 Royal Orchard Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13751514

$3,590,000
For Sale
Listed 41 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
1Garage
2250-2499Sq ft

About this home

In short

  • Welcome to Suite 217 at Royal Bayview by TRIDEL, an extraordinary 2,375 sq. ft. corner unit offering the scale and functionality of a private home in the sky.
  • Featuring 2 bedrooms plus a dedicated office, 2 full bathrooms plus a powder room, and coveted east, south and west exposures, the suite is filled with natural light...
  • The private primary suite features a generous walk-in closet, beautifully finished ensuite and direct balcony access.
  • 3 private outdoor spaces further distinguish this space - a magnificent terrace overlooking the golf course and pond, plus 2 additional balconies.
  • Only 15 storeys, Royal Bayview offers an exclusive luxury lifestyle with 24-hour concierge, grand 2-storey lobby, indoor pool and whirlpool, saunas, fitness centre...

Welcome to Suite 217 at Royal Bayview by TRIDEL, an extraordinary 2,375 sq. ft. corner unit offering the scale and functionality of a private home in the sky. Featuring 2 bedrooms plus a dedicated office, 2 full bathrooms plus a powder room, and coveted east, south and west exposures, the suite is filled with natural light and captivating golf course and pond views. A gracious foyer leads to a private spacious office, walk-in coat closet, powder room and laundry room. The beautifully appointed kitchen features a substantial centre island, premium Miele appliances, separate pantry and coffee bar, and adjoining breakfast area with a stunning built-in cocktail bar. Expansive living and dining areas deliver exceptional scale for everyday living and entertaining. The private primary suite features a generous walk-in closet, beautifully finished ensuite and direct balcony access. The second bedroom offers its own ensuite and walk-in closet. 3 private outdoor spaces further distinguish this space - a magnificent terrace overlooking the golf course and pond, plus 2 additional balconies. Only 15 storeys, Royal Bayview offers an exclusive luxury lifestyle with 24-hour concierge, grand 2-storey lobby, indoor pool and whirlpool, saunas, fitness centre, yoga studio, golf simulator, library and fireplace lounge, party room, private dining room, salon and landscaped outdoor entertaining spaces. Includes 1 underground parking space and 1 storage locker. A rare opportunity to experience home-sized living in one of Royal Bayview's most exceptional suites.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13751514
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
2250-2499 sq ft
Cross streets
Bayview and Royal Orchard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,663/mo
Exposure
South West
Days on market
41
Listing brokerage
NEST SEEKERS INTERNATIONAL REAL ESTATE

Rooms

DenMain2.39 × 2.39 m

hardwood floor · separate room · pot lights

Living RoomMain3.23 × 6.04 m

w/o to terrace · hardwood floor · large window

FoyerMain10.00 × 8.00 m

hardwood floor · walk-in closet(s) · 2 pc bath

FoyerMain10.00 × 8.00 m

hardwood floor · walk-in closet(s) · 2 pc bath

KitchenMain6.40 × 3.20 m

b/i appliances · centre island · combined w/dining

Dining RoomMain8.69 × 5.99 m

hardwood floor · walk-in closet(s) · 2 pc bath

Bedroom 2Main3.81 × 3.35 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

BreakfastMain3.81 × 2.64 m

separate room · b/i bar · w/o to balcony

Primary BedroomMain4.27 × 3.86 m

w/o to balcony · 4 pc ensuite · walk-in closet(s)

LaundryMain8.00 × 6.00 m

laundry sink · separate room · b/i shelves

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.45Mlikely sale price

Listed at $3,590,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $3.45M, typically $3.25M to $3.73M. Comparable closings on their own put this home around $772K, about 78% below the ask.

List price
$3.25MBelow recent closings$3.73MAbove recent closings

Total price vs nearby homes. Likely closing about $3.45M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$610Kmedian sold price
92%of asking, on average
+5%prices vs a year ago
~34 dayshomes like this take to sell
41days on market so far
$4,947/moest. rent · 40 leases
1.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 7 condo apartment homes for sale in the area against 8 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 $1,512/sqft against an area asking average of $1,510/sqft.

How this estimate is builtthe short version

I take the 8 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 highlights2 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
  • Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,512/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 comparable homes that sold in Royal Orchard over the past two years, from 72 closings there.

What sellers nearby are askingCurrently listed nearby in Royal Orchard · asking prices
$3.54Mavg 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 $1,550/sqft; this home lists at $1,512/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.59MThis home3.75M3.58M3.29MThis 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

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.

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
$16,362/mo
$733KIncome needed
4.9×Price ÷ income
$3,776Weekly cost
$76,225Land 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.

81%mortgage
Mortgage $16,362Estimated property tax $2,244Condo fee $1,663Total carry $20,269

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)
$15,880per month

Mortgage amount $2,872,000 · 4.49% over 25 years

$718,000Down payment (20.0%)
$2,872,000Loan before insurance
$0CMHC premium
$19,787Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,880
Estimated property tax
$2,244
Condo / maintenance fees
$1,663
Heating
$0
Estimated monthly cost
$19,787

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

One-time closing costs

Ontario land transfer tax
$76,225
Estimated closing costs
$76,225

Plus your down payment of $718,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$19,220/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

$1,891,934Total interest paid
$4,763,934Total of all payments
Principal $2,872,000 Interest $1,891,934
YearPrincipalInterestBalance
1$64,091$126,467$2,807,909
2$67,001$123,557$2,740,908
3$70,043$120,514$2,670,865
4$73,223$117,334$2,597,642
5$76,548$114,010$2,521,095
6$80,023$110,534$2,441,071
7$83,657$106,901$2,357,415
8$87,455$103,102$2,269,960
9$91,426$99,132$2,178,534
10$95,577$94,980$2,082,957
11$99,917$90,641$1,983,040
12$104,453$86,104$1,878,587
13$109,196$81,362$1,769,391
14$114,154$76,404$1,655,238
15$119,337$71,221$1,535,901
16$124,755$65,802$1,411,146
17$130,419$60,138$1,280,726
18$136,341$54,216$1,144,385
19$142,531$48,026$1,001,854
20$149,003$41,554$852,851
21$155,768$34,789$697,083
22$162,841$27,717$534,242
23$170,234$20,323$364,008
24$177,964$12,594$186,044
25$186,044$4,513$0

At the end of your 5-year term

Total paid over the term
$952,787
Principal paid down
$350,905
Interest paid
$601,881
Balance remaining
$2,521,095

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 40 whole-home leases in Royal Orchard$4,947/mo
$59,364Gross annual rent
0.2%Cap rate after taxes and upkeep
$4,450 to $6,395Typical rent range
~24 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 40 whole-home leases in Royal Orchard signed at a median of $3,627 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,947. 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.

1.7%
Gross yield
− Property tax $25,130− Condo fees $19,956− Insurance $600− Vacancy & upkeep $6,530Net operating income $7,148

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

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