1525-7161 Yonge Street, Markham, ON

Thornhill, Markham · MLS® N13842382

$648,000
For Sale
Listed 19 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Bright & Spacious 2 Bedroom 2 Bath Corner Unit, 835 Sq.
  • Fully Upgraded With Laminate Floors Throughout, 9' Ceiling, Open Concept Kitchen W/Granite Counter Top & Stainless Steel Appliances.
  • The Primary Ensuite Has A 3 Piece Ensuite With A Shower & A Toilet Bidet, The Second Bathroom Has a Bathtub & A Toilet Bidet.
  • Amazing Amenities - Indoor Pool, Sauna, Jacuzzi, Gym, Rooftop Garden, Lots of Visitor Parking, Guest Suites, 24/7 Concierge.

Bright & Spacious 2 Bedroom 2 Bath Corner Unit, 835 Sq. Ft.+ 190 Sq.Ft Balcony. Enjoy Unobstructed Amazing South/West View. Fully Upgraded With Laminate Floors Throughout, 9' Ceiling, Open Concept Kitchen W/Granite Counter Top & Stainless Steel Appliances. The Primary Ensuite Has A 3 Piece Ensuite With A Shower & A Toilet Bidet, The Second Bathroom Has a Bathtub & A Toilet Bidet. The Unit Offers Full Size Stacked Washer & Dryer. The Air Conditioning & Heat Can Be Adjusted By The Owner. Parking & Locker Included. Amazing Amenities - Indoor Pool, Sauna, Jacuzzi, Gym, Rooftop Garden, Lots of Visitor Parking, Guest Suites, 24/7 Concierge. In-Door Access To Shopping Mall/Supermarket/Medical Offices/Retail Stores/Salons/Cafe & Much More. Steps To TTC & Viva. Minutes to Highways.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13842382
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge & Steeles
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$743/mo
Exposure
South West
Property tax
$2,998 / 2026
Days on market
19
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Primary BedroomGround3.65 × 2.97 m

laminate · large window · 4 pc ensuite

KitchenGround5.43 × 3.24 m

stainless steel appl · laminate · granite counters

Dining RoomGround5.43 × 3.24 m

laminate · sw view · large window

Bedroom 2Ground3.88 × 3.05 m

laminate · w/o to balcony · double closet

Living RoomGround5.43 × 3.24 m

laminate · open concept · 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

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.

Royal Orchard
$1.64M
Aileen-Willowbrook
$676K
Commerce Valley
$566K
Unionville
$636K
Cathedraltown
$530K

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
$2,953/mo
$138KIncome needed
4.7×Price ÷ income
$682Weekly cost
$9,435Land 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.

75%mortgage
Mortgage $2,953Property tax $250Condo fee $743Total carry $3,946

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)
$2,866per month

Mortgage amount $518,400 · 4.49% over 25 years

$129,600Down payment (20.0%)
$518,400Loan before insurance
$0CMHC premium
$3,859Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,866
Property tax
$250
Condo / maintenance fees
$743
Heating
$0
Estimated monthly cost
$3,859

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

One-time closing costs

Ontario land transfer tax
$9,435
Estimated closing costs
$9,435

Plus your down payment of $129,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,469/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

$341,497Total interest paid
$859,897Total of all payments
Principal $518,400 Interest $341,497
YearPrincipalInterestBalance
1$11,568$22,827$506,832
2$12,094$22,302$494,738
3$12,643$21,753$482,095
4$13,217$21,179$468,878
5$13,817$20,579$455,061
6$14,444$19,952$440,617
7$15,100$19,296$425,517
8$15,786$18,610$409,731
9$16,502$17,893$393,228
10$17,252$17,144$375,977
11$18,035$16,361$357,942
12$18,854$15,542$339,088
13$19,710$14,686$319,378
14$20,605$13,791$298,773
15$21,540$12,855$277,232
16$22,518$11,877$254,714
17$23,541$10,855$231,173
18$24,610$9,786$206,563
19$25,727$8,669$180,836
20$26,895$7,501$153,941
21$28,116$6,279$125,824
22$29,393$5,003$96,431
23$30,728$3,668$65,704
24$32,123$2,273$33,581
25$33,581$815$0

At the end of your 5-year term

Total paid over the term
$171,979
Principal paid down
$63,339
Interest paid
$108,640
Balance remaining
$455,061

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$2,700/mo
$32,400Gross annual rent
2.5%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.

5.0%
Gross yield
− Property tax $2,998− Condo fees $8,915− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,323

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

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