718-7167 Yonge Street, Markham, ON

Thornhill, Markham · MLS® N13816854

$535,000
For Sale
Listed 27 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Experience luxury living in this stylish 1+1 condo, boasting soaring 9' ceilings, sleek stainless steel appliances, granite countertops, upgraded lighting, and a...
  • Enjoy top-tier amenities, including a fitness center, indoor pool, sauna, party room, and 24-hour concierge, with direct access to shops and services.

Experience luxury living in this stylish 1+1 condo, boasting soaring 9' ceilings, sleek stainless steel appliances, granite countertops, upgraded lighting, and a spacious balcony for relaxation or entertaining. Fresh Paint throughout, Superb maintained. Enjoy top-tier amenities, including a fitness center, indoor pool, sauna, party room, and 24-hour concierge, with direct access to shops and services. Perfectly situated with easy access to public transit and all essential conveniences. Includes one parking! Photos taken when staged previously.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13816854
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge St / Steeles Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$508/mo
Exposure
South
Property tax
$2,657 / 2025
Days on market
27
Listing brokerage
BAY STREET GROUP INC.
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

Thornhill, 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
Royal Orchard
$1.64M
Aileen-Willowbrook
$674K
Commerce Valley
$541K
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
$2,438/mo
$113KIncome needed
4.7×Price ÷ income
$563Weekly cost
$7,175Land 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.

77%mortgage
Mortgage $2,438Property tax $221Condo fee $508Total carry $3,168

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)
$2,366per month

Mortgage amount $428,000 · 4.49% over 25 years

$107,000Down payment (20.0%)
$428,000Loan before insurance
$0CMHC premium
$3,096Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,366
Property tax
$221
Condo / maintenance fees
$508
Heating
$0
Estimated monthly cost
$3,096

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

One-time closing costs

Ontario land transfer tax
$7,175
Estimated closing costs
$7,175

Plus your down payment of $107,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,864/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

$281,946Total interest paid
$709,946Total of all payments
Principal $428,000 Interest $281,946
YearPrincipalInterestBalance
1$9,551$18,847$418,449
2$9,985$18,413$408,464
3$10,438$17,960$398,026
4$10,912$17,486$387,114
5$11,408$16,990$375,706
6$11,925$16,472$363,781
7$12,467$15,931$351,314
8$13,033$15,365$338,281
9$13,625$14,773$324,656
10$14,243$14,154$310,413
11$14,890$13,508$295,523
12$15,566$12,832$279,957
13$16,273$12,125$263,684
14$17,012$11,386$246,672
15$17,784$10,614$228,888
16$18,592$9,806$210,296
17$19,436$8,962$190,860
18$20,318$8,080$170,542
19$21,241$7,157$149,301
20$22,205$6,193$127,096
21$23,213$5,184$103,883
22$24,267$4,130$79,615
23$25,369$3,029$54,246
24$26,521$1,877$27,725
25$27,725$673$0

At the end of your 5-year term

Total paid over the term
$141,989
Principal paid down
$52,294
Interest paid
$89,695
Balance remaining
$375,706

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$2,050/mo
$24,600Gross annual rent
2.3%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.

4.6%
Gross yield
− Property tax $2,657− Condo fees $6,095− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,542

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

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