601-1 Grandview Avenue, Markham, ON

Grandview, Markham · MLS® N13839140

$478,000
For Sale
Listed 21 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to Vanguard Condos at Yonge and Steeles.
  • This thoughtfully designed 1-bedroom plus den suite offers a comfortable place to call home, with everyday conveniences close by.
  • With 9- foot smooth ceilings and a versatile layout, the space feels open and inviting.

Welcome to Vanguard Condos at Yonge and Steeles! This thoughtfully designed 1-bedroom plus den suite offers a comfortable place to call home, with everyday conveniences close by. With 9- foot smooth ceilings and a versatile layout, the space feels open and inviting. The den gives you room to make the home your own-set it up as a home office, reading nook, creative space or guest area. The kitchen comes equipped with an oven, cooktop, panelled fridge and built-in dishwasher. A stacked washer and dryer add everyday convenience, while one parking space and one locker provide valuable extra storage and flexibility. provide valuable extra storage and flexibility. Plenty to enjoy beyond your front door. Vanguard offers a fitness centre and yoga rooms for your daily routine, a sauna when it is time to unwind, and a children's playroom. Host friends in the party room, enjoy a movie in the theatre room, find a quiet moment in the library, or gather outside on the terrace with BBQs. A guest suite and visitor parking make it easier to welcome family and friends. The Yonge and Steeles location puts grocery stores, restaurants, shopping and transit within easy reach. Whether you are heading out for dinner, picking up essentials or commuting across the GTA, this address offers the convenience of an established neighbourhood. The planned Yonge North Subway Extension adds to the area's future transit appeal. A flexible den, a full range of building amenities, and included parking and locker space make this suite an excellent opportunity to enjoy condo living at Vanguard. Come see how easily it could fit your lifestyle!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13839140
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge St / Steeles Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$653/mo
Exposure
West
Property tax
$2,626 / 2026
Days on market
21
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

DenFlat2.03 × 2.39 m

laminate · open concept

Dining RoomFlat3.66 × 3.05 m

laminate · combined w/living · open concept

BedroomFlat3.56 × 3.05 m

laminate · closet · large window

KitchenFlat2.95 × 2.39 m

laminate · modern kitchen · b/i appliances

Living RoomFlat3.66 × 3.05 m

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

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

Grandview, 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
$632K

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
$2,179/mo
$106KIncome needed
4.5×Price ÷ income
$503Weekly cost
$6,035Land 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.

71%mortgage
Mortgage $2,179Property tax $219Condo fee $653Total carry $3,050

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)
$2,114per month

Mortgage amount $382,400 · 4.49% over 25 years

$95,600Down payment (20.0%)
$382,400Loan before insurance
$0CMHC premium
$2,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,114
Property tax
$219
Condo / maintenance fees
$653
Heating
$0
Estimated monthly cost
$2,986

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

One-time closing costs

Ontario land transfer tax
$6,035
Estimated closing costs
$6,035

Plus your down payment of $95,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,559/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

$251,907Total interest paid
$634,307Total of all payments
Principal $382,400 Interest $251,907
YearPrincipalInterestBalance
1$8,534$16,839$373,866
2$8,921$16,451$364,945
3$9,326$16,046$355,619
4$9,749$15,623$345,870
5$10,192$15,180$335,678
6$10,655$14,717$325,023
7$11,139$14,234$313,884
8$11,644$13,728$302,240
9$12,173$13,199$290,067
10$12,726$12,646$277,341
11$13,304$12,069$264,037
12$13,908$11,465$250,129
13$14,539$10,833$235,590
14$15,199$10,173$220,391
15$15,889$9,483$204,502
16$16,611$8,761$187,891
17$17,365$8,007$170,526
18$18,153$7,219$152,372
19$18,978$6,395$133,394
20$19,839$5,533$113,555
21$20,740$4,632$92,815
22$21,682$3,690$71,133
23$22,666$2,706$48,467
24$23,695$1,677$24,771
25$24,771$601$0

At the end of your 5-year term

Total paid over the term
$126,861
Principal paid down
$46,722
Interest paid
$80,139
Balance remaining
$335,678

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$1,700/mo
$20,400Gross annual rent
1.5%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.

4.3%
Gross yield
− Property tax $2,626− Condo fees $7,836− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,094

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

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