706-397 Royal Orchard Boulevard, Markham, ON
Royal Orchard, Markham · MLS® N13790450
About this home
In short
- The Last Opportunity at Royal Bayview.
- Thoughtfully refined throughout with bespoke upgrades and elegant finishes, this residence features a large master bedroom suite wing with his and hers walk-in closets.
- The suite is accompanied by two premium parking spaces with adjacent private storage locker room, conveniently located near the elevator.
The Last Opportunity at Royal Bayview. Discover the only fully west-facing upper floor suite remaining at Royal Bayview. This exceptional residence offers elevated and serene views of the trees, golf course, and greenery. This never before lived-in suite has abundant natural light, with extraordinary natural vistas, and an enviable sense of privacy. This customized and upgraded suite boasts two spacious private terraces, complete with barbecue hookup, for outdoor enjoyment. Thoughtfully refined throughout with bespoke upgrades and elegant finishes, this residence features a large master bedroom suite wing with his and hers walk-in closets. The suite is accompanied by two premium parking spaces with adjacent private storage locker room, conveniently located near the elevator. This is a rare opportunity to secure one of Royal Bayview's most desirable residences - sparkling new, sophisticated, and truly one of a kind. A residence that harmonizes modern luxury with timeless tranquility - welcome to Royal Bayview, where sophistication meets serenity. A world of magnificence awaits.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13790450
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3 (1 half)
- Size
- 1800-1999 sq ft
- Cross streets
- Bayview & John St
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,555/mo
- Exposure
- West
- Days on market
- 33
- Listing brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
Rooms
combined w/dining · overlook golf course · w/o to terrace
5 pc ensuite · his and hers closets · w/o to terrace
combined w/living · overlook golf course · w/o to terrace
open concept · combined w/dining · centre island
3 pc ensuite · overlook golf course · double closet
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.
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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 $1,470/sqft; this home lists at $1,731/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
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Typical asking price of active listings of the same type, per area (outliers removed). Markham.
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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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $2,630,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,544
- Estimated property tax
- $2,055
- Condo / maintenance fees
- $1,555
- Heating
- $0
- Estimated monthly cost
- $18,154
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $68,675
- Estimated closing costs
- $68,675
Plus your down payment of $657,600. 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
- $872,636
- Principal paid down
- $321,386
- Interest paid
- $551,250
- Balance remaining
- $2,309,014
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAMMOND INTERNATIONAL PROPERTIES LIMITED. MLS®/PropTx.