708-397 Royal Orchard Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13821830

$2,380,000
For Sale
Listed 25 days agoNo offer date stated
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2Bedrooms
3Bathrooms
2Garage
1800-1999Sq ft

About this home

In short

  • Truly One-of-a-Kind Expansive Corner Suite with Outdoor Terrace and 2 Balconies spanning over 2,000 sqft, 10' Foot High Ceilings and includes 2 Side by Side Parking...
  • Excellent corner floor plan with full unobstructed views of the golf course, approx 1,813 sq.ft of interior living space, soaring 10' foot ceilings and windows facing...
  • This suite features 2 generous size bedrooms, 3 bathrooms, private terrace with BBQ gas line and water bib for your own private gardens and 2 additional balconies.
  • Designer kitchen with large centre island, built-in full size Miele appliances, and exquisite stone counter tops.
  • Enjoy the truly resort-like amenities such as golf simulator, indoor pool and hot tub, gym, yoga studio, Mahjong room, outdoor garden terrace and much more.

Truly One-of-a-Kind Expansive Corner Suite with Outdoor Terrace and 2 Balconies spanning over 2,000 sqft, 10' Foot High Ceilings and includes 2 Side by Side Parking Spots & Storage Locker!! Masterpiece of Luxury Living at Tridel's Royal Bayview Overlooking the Private Golf Course. Brand new upscale and exclusive address delivering a resort lifestyle surrounded by nature and tranquility. Welcome to the golfer and nature-lover's paradise. Excellent corner floor plan with full unobstructed views of the golf course, approx 1,813 sq.ft of interior living space, soaring 10' foot ceilings and windows facing from North East to South West. This suite features 2 generous size bedrooms, 3 bathrooms, private terrace with BBQ gas line and water bib for your own private gardens and 2 additional balconies. Designer kitchen with large centre island, built-in full size Miele appliances, and exquisite stone counter tops. Large principal bedroom with 5 piece en-suite bathroom and spacious walk-in closet, with a second full size closet. The second bedroom also has it's own ensuite bathroom and walk-in closet. Full-size laundry room for those coming from a house plus 2 side by side parking spots and 1 large storage locker right next to the parking for added convenience. Enjoy the truly resort-like amenities such as golf simulator, indoor pool and hot tub, gym, yoga studio, Mahjong room, outdoor garden terrace and much more. Highly secure well-managed building with exceptional security and 24/7 concierge at your service.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13821830
Bedrooms
2
Bathrooms
3 (1 half)
Size
1800-1999 sq ft
Cross streets
Bayview & Royal Orchard Blvd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,269/mo
Exposure
North West
Days on market
25
Listing brokerage
IRISE
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.

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Neighbourhood & location

Royal Orchard, Markham, ON

CommuteTime from this home to where you spend your day

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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
$493K
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
$10,847/mo
$490KIncome needed
4.9×Price ÷ income
$2,503Weekly cost
$45,975Land 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.

80%mortgage
Mortgage $10,847Estimated property tax $1,488Condo fee $1,269Total carry $13,604

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

years
years (your rate-locked period)
$10,528per month

Mortgage amount $1,904,000 · 4.49% over 25 years

$476,000Down payment (20.0%)
$1,904,000Loan before insurance
$0CMHC premium
$13,284Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,528
Estimated property tax
$1,488
Condo / maintenance fees
$1,269
Heating
$0
Estimated monthly cost
$13,284

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

One-time closing costs

Ontario land transfer tax
$45,975
Estimated closing costs
$45,975

Plus your down payment of $476,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,742/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

$1,254,263Total interest paid
$3,158,263Total of all payments
Principal $1,904,000 Interest $1,254,263
YearPrincipalInterestBalance
1$42,489$83,841$1,861,511
2$44,418$81,912$1,817,092
3$46,435$79,895$1,770,657
4$48,543$77,787$1,722,114
5$50,748$75,583$1,671,366
6$53,052$73,279$1,618,315
7$55,460$70,870$1,562,854
8$57,979$68,352$1,504,876
9$60,611$65,719$1,444,265
10$63,363$62,968$1,380,902
11$66,240$60,091$1,314,662
12$69,247$57,083$1,245,414
13$72,392$53,939$1,173,023
14$75,678$50,652$1,097,344
15$79,115$47,216$1,018,230
16$82,707$43,624$935,523
17$86,462$39,869$849,061
18$90,388$35,943$758,673
19$94,492$31,839$664,182
20$98,782$27,549$565,400
21$103,267$23,064$462,133
22$107,956$18,375$354,177
23$112,857$13,473$241,320
24$117,982$8,349$123,338
25$123,338$2,992$0

At the end of your 5-year term

Total paid over the term
$631,653
Principal paid down
$232,634
Interest paid
$399,019
Balance remaining
$1,671,366

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.

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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$6,100/mo
$73,200Gross annual rent
1.4%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.

3.1%
Gross yield
− Property tax $16,660− Condo fees $15,229− Insurance $600− Vacancy & upkeep $8,052Net operating income $32,659

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

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