606-60 Inverlochy Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13812556

$528,000
For Sale
Listed 27 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Discover this spacious two-bedroom condo in the highly sought-after Royal Orchard neighborhood.
  • Enjoy large 200 sq. ft. balcony.
  • Residents also enjoy exclusive access to the Orchard Club, with amenities including a hobby room, billiards, tennis and basketball courts, and an indoor pool.

Discover this spacious two-bedroom condo in the highly sought-after Royal Orchard neighborhood. Large south-facing, large windows fill the home with natural light and offer beautiful, unobstructed views. Enjoy large 200 sq. ft. balcony. Located just steps from Yonge Street, the building offers easy access to public transit, parks, shopping, and everyday conveniences.All-inclusive maintenance fee covers cable and internet. Residents also enjoy exclusive access to the Orchard Club, with amenities including a hobby room, billiards, tennis and basketball courts, and an indoor pool. A great opportunity to enjoy comfort, convenience, and plenty of amenities in a desirable community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13812556
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
Yonge/Royal Orchard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,067/mo
Exposure
South
Property tax
$2,181 / 2026
Days on market
27
Listing brokerage
CENTURY 21 NEW CONCEPT

Rooms

Living RoomFlat5.75 × 4.74 m

parquet · w/o to balcony · combined w/dining

KitchenFlat4.84 × 2.20 m

Ceramic Floor

Bedroom 2Flat3.10 × 2.75 m

parquet · south view

Primary BedroomFlat4.45 × 3.30 m

parquet · 2 pc ensuite · south view

Dining RoomFlat5.75 × 4.74 m

parquet · combined w/living

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
What sellers nearby are askingCurrently listed nearby in Royal Orchard · asking prices
$556kavg 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 $520/sqft; this home lists at $556/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
528kThis home500k529k575k579k595kThis home vs active comparables

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.

Thornhill
$588K
Aileen-Willowbrook
$674K
Grandview
$493K
Commerce Valley
$561K
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
$2,406/mo
$121KIncome needed
4.4×Price ÷ income
$555Weekly cost
$7,035Land 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.

66%mortgage
Mortgage $2,406Property tax $182Condo fee $1,067Total carry $3,656

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,336per month

Mortgage amount $422,400 · 4.49% over 25 years

$105,600Down payment (20.0%)
$422,400Loan before insurance
$0CMHC premium
$3,584Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,336
Property tax
$182
Condo / maintenance fees
$1,067
Heating
$0
Estimated monthly cost
$3,584

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

One-time closing costs

Ontario land transfer tax
$7,035
Estimated closing costs
$7,035

Plus your down payment of $105,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,827/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

$278,257Total interest paid
$700,657Total of all payments
Principal $422,400 Interest $278,257
YearPrincipalInterestBalance
1$9,426$18,600$412,974
2$9,854$18,172$403,120
3$10,302$17,725$392,818
4$10,769$17,257$382,049
5$11,258$16,768$370,791
6$11,769$16,257$359,021
7$12,304$15,722$346,717
8$12,862$15,164$333,855
9$13,446$14,580$320,408
10$14,057$13,969$306,351
11$14,695$13,331$291,656
12$15,362$12,664$276,294
13$16,060$11,966$260,234
14$16,789$11,237$243,444
15$17,551$10,475$225,893
16$18,348$9,678$207,545
17$19,181$8,845$188,363
18$20,052$7,974$168,311
19$20,963$7,063$147,348
20$21,915$6,112$125,433
21$22,910$5,117$102,524
22$23,950$4,076$78,574
23$25,037$2,989$53,537
24$26,174$1,852$27,362
25$27,362$664$0

At the end of your 5-year term

Total paid over the term
$140,131
Principal paid down
$51,609
Interest paid
$88,522
Balance remaining
$370,791

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$3,050/mo
$36,600Gross annual rent
3.2%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.

6.9%
Gross yield
− Property tax $2,181− Condo fees $12,809− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,984

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 NEW CONCEPT. MLS®/PropTx.

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