709-60 Inverlochy Boulevard, Markham, ON
Royal Orchard, Markham · MLS® N13849122
About this home
In short
- Welcome to 60 Inverlochy Blvd, Unit 709 A beautifully fully renovated 2-bedroom suite in the highly sought-after Royal Orchard community of Thornhill.
- The thoughtfully renovated suite showcases engineered hardwood flooring, modern pot lights throughout, and a stylish renovated kitchen with stainless steel...
- Enjoy exceptional building amenities including an indoor pool, gym, exercise room and more.
- Fantastic location close to parks, schools, library, golf and shopping, with convenient access to major roads and transit.
- The unit is currently tenanted and furnished by the tenant.
Welcome to 60 Inverlochy Blvd, Unit 709 A beautifully fully renovated 2-bedroom suite in the highly sought-after Royal Orchard community of Thornhill. Featuring a desirable North/West exposure, this bright and spacious home offers breathtaking views and a private balcony, perfect for enjoying beautiful sunsets. The thoughtfully renovated suite showcases engineered hardwood flooring, modern pot lights throughout, and a stylish renovated kitchen with stainless steel appliances, including a new ceramic-top stove and built-in microwave. The kitchen also features the convenience of a hidden built-in front-load washer and dryer. The spacious living and dining areas are ideal for both comfortable everyday living and entertaining. Enjoy exceptional building amenities including an indoor pool, gym, exercise room and more. Maintenance fees include all utilities, Rogers VIP Cable and Internet, providing excellent value and convenience. Fantastic location close to parks, schools, library, golf and shopping, with convenient access to major roads and transit. Walking distance to the planned future subway extension, adding even more connectivity and long-term convenience to this already desirable Thornhill location. A rare opportunity to own a fully renovated, move-in-ready suite with spectacular North/West views in one of Royal Orchard's most popular buildings. Just move in and enjoy!***Photos were taken when the owner occupied the property. The unit is currently tenanted and furnished by the tenant.****
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13849122
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2 (1 half)
- Size
- 900-999 sq ft
- Cross streets
- Yonge & Royal Orchard
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,067/mo
- Exposure
- North West
- Property tax
- $2,409 / 2026
- Days on market
- 18
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
pot lights · combined w/living · laminate
pot lights · 2 pc ensuite · laminate
pot lights · stainless steel appl · laminate
combined w/dining · pot lights · laminate
pot lights · closet · laminate
laminate · pot lights · 2 pc ensuite
Listed at $499,900. Going by how homes in Royal Orchard and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $480K, if it sells. A realistic range is $452K to $519K.
Independent value check: $541K. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $503K and $568K).
Why $541K. The typical condo sold in Royal Orchard over the past year went for about $565K (33 sales). What sets this one apart:
- ▼ Lowers itIt is 900 to 999 sq ft; the typical home sold here is 1,200 to 1,399.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $480K, from 8 recent closings in this pocket.
The market behind the math:
About 4.5 months of inventory: 12 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 $526/sqft against an area asking average of $717/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $586K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Based on 15 homes sold in this building over the past two years, from 72 closings in Royal Orchard.
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 $526/sqft; this home lists at $526/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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $399,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,211
- Property tax
- $201
- Condo / maintenance fees
- $1,067
- Heating
- $0
- Estimated monthly cost
- $3,479
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,473
- Estimated closing costs
- $6,473
Plus your down payment of $99,980. 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
- $132,674
- Principal paid down
- $48,863
- Interest paid
- $83,811
- Balance remaining
- $351,057
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 7 whole-home leases in Royal Orchard signed at a median of $3,189 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,039. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.