209-397 Royal Orchard Boulevard, Markham, ON
Royal Orchard, Markham · MLS® N13844644
About this home
In short
- Welcome to Royal Bayview, Thornhill's prestigious new address by Tridel.
- This rarely offered luxury residence offers 1,320 sq. ft. of beautifully designed living space, blending contemporary elegance with everyday comfort.
- The bright, open-concept layout features a sleek modern kitchen with a centre island, premium appliances, and refined finishes, seamlessly flowing into the spacious...
- The thoughtfully designed floor plan features two generous bedrooms, each with a walk-in closet, and two bathrooms, including a spacious primary ensuite.
- Residents enjoy an exceptional collection of resort-inspired amenities, including an indoor pool, fitness centre, saunas, outdoor patio, and stylish party room.
Welcome to Royal Bayview, Thornhill's prestigious new address by Tridel. This rarely offered luxury residence offers 1,320 sq. ft. of beautifully designed living space, blending contemporary elegance with everyday comfort. The bright, open-concept layout features a sleek modern kitchen with a centre island, premium appliances, and refined finishes, seamlessly flowing into the spacious living and dining areas. Step outside to your private balcony, offering additional outdoor living space. The thoughtfully designed floor plan features two generous bedrooms, each with a walk-in closet, and two bathrooms, including a spacious primary ensuite. Enjoy the convenience of in-suite laundry, ample storage, one parking space, and one locker. Residents enjoy an exceptional collection of resort-inspired amenities, including an indoor pool, fitness centre, saunas, outdoor patio, and stylish party room. An exceptional opportunity to enjoy refined, luxurious living at Royal Bayview.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13844644
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Bayview and Royal Orchard
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $924/mo
- Exposure
- East
- Days on market
- 19
- Listing brokerage
- UNION CAPITAL REALTY
Rooms
walk-in closet(s) · 5 pc ensuite
walk-in closet(s) · hardwood floor
combined w/dining · open concept
modern kitchen · open concept
combined w/kitchen · open concept
Listed at $1,750,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.68M, typically $1.58M to $1.82M. Comparable closings on their own put this home around $595K, about 66% below the ask.
Total price vs nearby homes. Likely closing about $1.68M, from 8 recent closings in this pocket.
The market behind the math:
About 5.6 months of inventory: 15 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,347/sqft against an area asking average of $724/sqft.
How this estimate is builtthe short version
I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 8 comparable homes that sold in Royal Orchard over the past two years, from 72 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,203/sqft; this home lists at $1,347/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Markham: $533K in September 2026, down 10% from a year ago, on 676 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $600K | 61 |
| November 2025 | $610K | 53 |
| December 2025 | $627K | 34 |
| January 2026 | $583K | 40 |
| February 2026 | $550K | 53 |
| March 2026 | $564K | 54 |
| April 2026 | $573K | 68 |
| May 2026 | $563K | 52 |
| June 2026 | $579K | 88 |
| July 2026 | $528K | 61 |
| August 2026 | $552K | 60 |
| September 2026 | $533K | 52 |
Neighbourhood & location
Royal Orchard, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,400,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,741
- Estimated property tax
- $1,094
- Condo / maintenance fees
- $924
- Heating
- $0
- Estimated monthly cost
- $9,759
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,475
- Estimated closing costs
- $31,475
Plus your down payment of $350,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $464,450
- Principal paid down
- $171,054
- Interest paid
- $293,396
- Balance remaining
- $1,228,946
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 6 whole-home leases in Royal Orchard signed at a median of $5,835 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,201. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of UNION CAPITAL REALTY. MLS®/PropTx.