418-399 Royal Orchard Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13844952

$3,580,000
For Sale
Listed 19 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
1Garage
2000-2249Sq ft

About this home

In short

  • PANORAMIC VIEWS OF C.N.
  • TOWER AND TORONTO SKYLINE W/ APPROX 388 SQ.FT.
  • Life here is quietly elevated: 24-hour concierge, indoor pool and sauna, a fully equipped fitness centre, private party and meeting rooms, and secure underground parking.
  • Moments from Bayview Avenue and Royal Orchard Boulevard, with seamless access to Highways 7, 407, and 404, transit, fine dining, boutique shopping, parks, and...
  • 1 PARKING+ 1 LOCKER INCLUDED

*** PANORAMIC VIEWS OF C.N. TOWER AND TORONTO SKYLINE W/ APPROX 388 SQ.FT. WRAP AROUND TERRACE *** @ Royal Bayview by Tridel.A rare offering in one of Thornhill's most private addresses. Royal Bayview is Tridel's boutique residence overlooking the Ladies' Golf Club of Toronto, set within the tree-lined enclave of Royal Orchard. Generously scaled layouts, refined finishes, and expansive windows bring in soft natural light and uninterrupted views of the fairways and city skyline beyond. Life here is quietly elevated: 24-hour concierge, indoor pool and sauna, a fully equipped fitness centre, private party and meeting rooms, and secure underground parking. Moments from Bayview Avenue and Royal Orchard Boulevard, with seamless access to Highways 7, 407, and 404, transit, fine dining, boutique shopping, parks, and well-regarded schools. A serene retreat, minutes from everything. Designed for those who value discretion, space, and an address that speaks for itself. 1 PARKING+ 1 LOCKER INCLUDED

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13844952
Bedrooms
2+1 (3 total)
Bathrooms
3
Size
2000-2249 sq ft
Cross streets
Bayview and Royal Orchard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,485/mo
Exposure
South West
Days on market
19
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenMain3.05 × 4.27 m

window · w/o to terrace

Bedroom 2Main3.61 × 3.05 m

walk-in closet(s) · 3 pc ensuite

KitchenMain7.31 × 4.87 m

open concept · centre island · combined w/dining

Living RoomMain7.31 × 4.87 m

combined w/dining · w/o to terrace

Primary BedroomMain3.81 × 5.03 m

walk-in closet(s) · window · 5 pc ensuite

Dining RoomMain7.62 × 0.00 m

combined w/living · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.44Mlikely sale price

Listed at $3,580,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $3.44M, typically $3.24M to $3.72M. Comparable closings on their own put this home around $760K, about 79% below the ask.

List price
$3.24MBelow recent closings$3.72MAbove recent closings

Total price vs nearby homes. Likely closing about $3.44M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$610Kmedian sold price
92%of asking, on average
+5%prices vs a year ago
~34 dayshomes like this take to sell
19days on market so far
$6,713/moest. rent · 8 leases
2.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 10 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,685/sqft against an area asking average of $1,348/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 highlights1 point 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

Based on 8 comparable homes that sold in Royal Orchard over the past two years, from 72 closings there.

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$600K61
November 2025$610K53
December 2025$627K34
January 2026$583K40
February 2026$550K53
March 2026$564K54
April 2026$573K68
May 2026$563K52
June 2026$579K88
July 2026$528K61
August 2026$552K60
September 2026$533K52

Neighbourhood & location

Royal Orchard, 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.

Aileen-Willowbrook
$674K
Commerce Valley
$541K
Thornhill
$588K
Grandview
$491K
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
$16,316/mo
$727KIncome needed
4.9×Price ÷ income
$3,765Weekly cost
$75,975Land 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.

81%mortgage
Mortgage $16,316Estimated property tax $2,238Condo fee $1,485Total carry $20,039

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)
$15,836per month

Mortgage amount $2,864,000 · 4.49% over 25 years

$716,000Down payment (20.0%)
$2,864,000Loan before insurance
$0CMHC premium
$19,558Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,836
Estimated property tax
$2,238
Condo / maintenance fees
$1,485
Heating
$0
Estimated monthly cost
$19,558

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

One-time closing costs

Ontario land transfer tax
$75,975
Estimated closing costs
$75,975

Plus your down payment of $716,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$19,166/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

$1,886,664Total interest paid
$4,750,664Total of all payments
Principal $2,864,000 Interest $1,886,664
YearPrincipalInterestBalance
1$63,912$126,114$2,800,088
2$66,814$123,212$2,733,274
3$69,848$120,179$2,663,426
4$73,019$117,007$2,590,407
5$76,335$113,692$2,514,072
6$79,800$110,226$2,434,272
7$83,424$106,603$2,350,848
8$87,211$102,815$2,263,637
9$91,171$98,855$2,172,465
10$95,311$94,716$2,077,155
11$99,638$90,388$1,977,516
12$104,162$85,864$1,873,354
13$108,892$81,135$1,764,463
14$113,836$76,191$1,650,627
15$119,004$71,022$1,531,623
16$124,408$65,619$1,407,215
17$130,056$59,970$1,277,159
18$135,961$54,065$1,141,198
19$142,134$47,892$999,063
20$148,588$41,439$850,475
21$155,334$34,692$695,141
22$162,387$27,639$532,754
23$169,760$20,266$362,994
24$177,468$12,559$185,526
25$185,526$4,501$0

At the end of your 5-year term

Total paid over the term
$950,133
Principal paid down
$349,928
Interest paid
$600,205
Balance remaining
$2,514,072

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
From 8 whole-home leases in Royal Orchard$6,713/mo
$80,556Gross annual rent
0.8%Cap rate after taxes and upkeep
$6,176 to $7,250Typical rent range
~24 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 8 whole-home leases in Royal Orchard signed at a median of $6,027 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,713. 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.

2.3%
Gross yield
− Property tax $25,060− Condo fees $17,820− Insurance $600− Vacancy & upkeep $8,861Net operating income $28,215

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

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