315-399 Royal Orchard Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13862842

$888,000
For Sale
Listed 14 days agoNo offer date stated
2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill.
  • This stunning 2-bedroom, 2.5-bathroom suite offers 1,138 sq. ft. of refined living with a beautifully optimized floor plan, soaring ceilings and thoughtfully upgraded...
  • The open-concept living and dining area flows seamlessly into a beautifully upgraded gourmet kitchen with premium cabinetry and integrated Miele appliances.
  • Royal Bayview offers world-class amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor...
  • Located just minutes from Bayview, Highway 7 and 407, Richmond Hill Centre, Langstaff GO Station, parks, trails, shopping, and dining.

Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill. This stunning 2-bedroom, 2.5-bathroom suite offers 1,138 sq. ft. of refined living with a beautifully optimized floor plan, soaring ceilings and thoughtfully upgraded finishes throughout. Adjacent to the prestigious Ladies' Golf Club of Toronto, this home brings together luxury, nature, and convenience in one of the GTA's most sought-after neighbourhoods.The suite features a bright and functional layout with full-height, floor-to-ceiling windows that fill the space with natural light. The open-concept living and dining area flows seamlessly into a beautifully upgraded gourmet kitchen with premium cabinetry and integrated Miele appliances. Both bedrooms are generously sized, each with its own ensuite, offering excellent privacy and comfort, while the additional powder room adds everyday convenience for guests. Royal Bayview offers world-class amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor terrace, and beautifully designed common spaces. Located just minutes from Bayview, Highway 7 and 407, Richmond Hill Centre, Langstaff GO Station, parks, trails, shopping, and dining. Includes 1 parking space and 1 locker. Experience luxury living with nature at your doorstep at Royal Bayview. Property tax to be assessed.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13862842
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Bayview Ave & Royal Orchard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$882/mo
Exposure
East
Days on market
14
Listing brokerage
META REALTY INC.

Rooms

Dining RoomFlat5.49 × 4.32 m

hardwood floor · combined w/living · open concept

Primary BedroomFlat3.45 × 4.11 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

FoyerFlat0.00 × 0.00 m

hardwood floor · closet

Bedroom 2Flat3.18 × 2.92 m

hardwood floor · large window · large closet

Living RoomFlat5.49 × 4.32 m

hardwood floor · combined w/dining · w/o to balcony

KitchenFlat4.42 × 2.44 m

hardwood floor · b/i appliances · centre island

Our TakeTeam Asgarian · Broker
A small discount is typical
$852Klikely sale price

Listed at $888,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $852K, typically $803K to $922K. Comparable closings on their own put this home around $571K, about 36% below the ask.

List price
$803KBelow recent closings$922KAbove recent closings

Total price vs nearby homes. Likely closing about $852K, 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
14days on market so far
Buyer's market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $808/sqft against an area asking average of $760/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 highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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.

What sellers nearby are askingCurrently listed nearby in Royal Orchard · asking prices
$1.25Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $571K, which is where my estimate comes from.

Per square foot, these ask about $1,077/sqft; this home lists at $808/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
888kThis home528k1.46M1.75MThis home vs active comparables

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
$4,047/mo
$193KIncome needed
4.6×Price ÷ income
$934Weekly cost
$14,235Land 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.

74%mortgage
Mortgage $4,047Estimated property tax $555Condo fee $882Total carry $5,485

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)
$3,928per month

Mortgage amount $710,400 · 4.49% over 25 years

$177,600Down payment (20.0%)
$710,400Loan before insurance
$0CMHC premium
$5,365Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,928
Estimated property tax
$555
Condo / maintenance fees
$882
Heating
$0
Estimated monthly cost
$5,365

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

One-time closing costs

Ontario land transfer tax
$14,235
Estimated closing costs
$14,235

Plus your down payment of $177,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,754/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

$467,977Total interest paid
$1,178,377Total of all payments
Principal $710,400 Interest $467,977
YearPrincipalInterestBalance
1$15,853$31,282$694,547
2$16,573$30,562$677,974
3$17,325$29,810$660,649
4$18,112$29,023$642,537
5$18,934$28,201$623,602
6$19,794$27,341$603,808
7$20,693$26,442$583,115
8$21,632$25,503$561,483
9$22,615$24,521$538,868
10$23,641$23,494$515,227
11$24,715$22,420$490,512
12$25,837$21,298$464,676
13$27,010$20,125$437,666
14$28,236$18,899$409,429
15$29,518$17,617$379,911
16$30,859$16,276$349,052
17$32,260$14,875$316,792
18$33,724$13,411$283,068
19$35,256$11,879$247,812
20$36,856$10,279$210,956
21$38,530$8,605$172,426
22$40,279$6,856$132,147
23$42,108$5,027$90,039
24$44,020$3,115$46,019
25$46,019$1,116$0

At the end of your 5-year term

Total paid over the term
$235,675
Principal paid down
$86,798
Interest paid
$148,878
Balance remaining
$623,602

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$3,400/mo
$40,800Gross annual rent
2.1%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.

4.6%
Gross yield
− Property tax $6,216− Condo fees $10,589− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,907

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

CallRequest a showing