1016-7825 Bayview Avenue, Markham, ON

Aileen-Willowbrook, Markham · MLS® N13804892

$769,000
For Sale
Listed 31 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • Located in the heart of the Thornhill community, this impressive 2-bedroom plus den suite offers over 1,500 sq. ft. of thoughtfully designed living space, combining...
  • The open-concept living and dining areas create an inviting setting for family gatherings and entertaining.
  • The kitchen features sleek quartz countertops (2026), new and newer stainless steel appliances, and a good-sized breakfast area.
  • The spacious primary bedroom includes a renovated 3-piece ensuite, a large walk-in closet, an additional closet, and a linen closet for exceptional storage.
  • Residents enjoy a comprehensive selection of amenities, including an indoor pool, exercise room, party room, sauna, tennis court, guest suite, billiards room, 24/7...

Located in the heart of the Thornhill community, this impressive 2-bedroom plus den suite offers over 1,500 sq. ft. of thoughtfully designed living space, combining comfort, functionality, and everyday convenience. The open-concept living and dining areas create an inviting setting for family gatherings and entertaining. The kitchen features sleek quartz countertops (2026), new and newer stainless steel appliances, and a good-sized breakfast area. The generously sized den, enclosed with glass doors and completed with windows, is ideal for a home office or a quiet reading space. The spacious primary bedroom includes a renovated 3-piece ensuite, a large walk-in closet, an additional closet, and a linen closet for exceptional storage. The ensuite is tastefully updated with a quartz vanity, a modern walk-in shower with glass enclosure, and built-in storage. Additional convenient storage is also found in the walk-in front closet and the oversized laundry room. This suite also offers updated vinyl plank flooring, brand-new stainless steel stove and range hood (2026), dishwasher (2023), washer (2024), and abundant natural light from expansive windows. Residents enjoy a comprehensive selection of amenities, including an indoor pool, exercise room, party room, sauna, tennis court, guest suite, billiards room, 24/7 concierge, and ample visitor parking both on the surface and underground. The unbeatable location provides exceptional convenience with easy access to public transit (one bus to Finch subway), nearby plazas with a supermarket and shops, parks, the Thornhill Community Centre, and Highways 407 and 404. The all-inclusive maintenance fees cover electricity, heat, central air conditioning, water, basic cable TV, and internet. Top-ranking schools are located nearby. One parking space and one huge locker are included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13804892
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Bayview/Green Lane
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$1,362/mo
Exposure
West
Property tax
$3,193 / 2026
Days on market
31
Listing brokerage
HOMELIFE FRONTIER REALTY INC.

Rooms

DenFlat2.92 × 2.33 m

glass doors · window

Living RoomFlat5.30 × 3.40 m

open concept · window

BreakfastFlat2.38 × 2.24 m

Open Concept

Dining RoomFlat3.36 × 2.97 m

Open Concept

KitchenFlat4.34 × 2.93 m

eat-in kitchen · stainless steel appl

BedroomFlat3.45 × 3.08 m

walk-in closet(s) · window

Primary BedroomFlat5.10 × 3.36 m

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

Our TakeTeam Asgarian · Broker
A small discount is typical
$745Klikely sale price

Listed at $769,000. Going by how homes in Aileen-Willowbrook and the wider GTA have actually closed against their asking prices (about 97%, 5 local closings in 90 days), the likely sale price is near $745K, if it sells. A realistic range is $702K to $807K.

Independent value check: $743K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $691K and $781K).

Why $743K. The typical condo sold in Aileen-Willowbrook over the past year went for about $703K (18 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightlyIts maintenance fee is $1,362 a month; the typical unit sold here pays about $1,190.
List price
$702KBelow recent closings$807KAbove recent closings

Total price vs nearby homes. Likely closing about $745K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$715Kmedian sold price
97%of asking, on average
−18%prices vs a year ago
~21 dayshomes like this take to sell
31days on market so far
$3,533/moest. rent · 14 leases
5.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.6 months of inventory: 11 condo apartment homes for sale in the area against 5 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 $513/sqft against an area asking average of $540/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $718K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 11 homes sold in this building over the past two years, from 47 closings in Aileen-Willowbrook.

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

Aileen-Willowbrook, 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.

Royal Orchard
$1.64M
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
$3,505/mo
$171KIncome needed
4.5×Price ÷ income
$809Weekly cost
$11,855Land 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.

68%mortgage
Mortgage $3,505Property tax $266Condo fee $1,362Total carry $5,133

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)
$3,402per month

Mortgage amount $615,200 · 4.49% over 25 years

$153,800Down payment (20.0%)
$615,200Loan before insurance
$0CMHC premium
$5,030Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,402
Property tax
$266
Condo / maintenance fees
$1,362
Heating
$0
Estimated monthly cost
$5,030

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

One-time closing costs

Ontario land transfer tax
$11,855
Estimated closing costs
$11,855

Plus your down payment of $153,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,117/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

$405,264Total interest paid
$1,020,464Total of all payments
Principal $615,200 Interest $405,264
YearPrincipalInterestBalance
1$13,729$27,090$601,471
2$14,352$26,467$587,119
3$15,004$25,815$572,116
4$15,685$25,134$556,431
5$16,397$24,422$540,034
6$17,141$23,677$522,892
7$17,920$22,899$504,973
8$18,733$22,085$486,239
9$19,584$21,235$466,655
10$20,473$20,345$446,182
11$21,403$19,416$424,779
12$22,375$18,444$402,405
13$23,390$17,428$379,014
14$24,452$16,366$354,562
15$25,563$15,256$328,999
16$26,723$14,095$302,276
17$27,937$12,882$274,339
18$29,205$11,613$245,134
19$30,531$10,287$214,603
20$31,917$8,901$182,686
21$33,367$7,452$149,319
22$34,881$5,937$114,438
23$36,465$4,353$77,973
24$38,121$2,698$39,852
25$39,852$967$0

At the end of your 5-year term

Total paid over the term
$204,093
Principal paid down
$75,166
Interest paid
$128,927
Balance remaining
$540,034

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 14 whole-home leases in Aileen-Willowbrook$3,533/mo
$42,396Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,356 to $3,709Typical rent range
~26 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 14 whole-home leases in Aileen-Willowbrook signed at a median of $3,405 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,533. 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.

5.5%
Gross yield
− Property tax $3,193− Condo fees $16,340− Insurance $600− Vacancy & upkeep $4,664Net operating income $17,599

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

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