519-399 Royal Orchard Boulevard, Markham, ON

Royal Orchard, Markham · MLS® N13862978

$2,499,000
For Sale
Listed 14 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
3Garage
1400-1599Sq ft

About this home

In short

  • Tridel's Royal Bayview in Thornhill offers exclusive, home-sized residences overlooking the private Ladies' Golf Club of Toronto, blending luxury with modern serenity...
  • This 2-bedroom plus den, 2.5-bath suite features large windows, an open-concept layout, a complete kitchen with a large built-in island, high end Miele appliances and...
  • This suite includes 1 large locker room and 3 parking spots including 2 side-by-side parking spots and 1 handicap spot with EV-compatible space right beside the...
  • Residents enjoy resort-style amenities including an saunas, indoor swimming pool, fitness centre, entertainment and mahjong rooms, a golf simulator, a stylish party...

Tridel's Royal Bayview in Thornhill offers exclusive, home-sized residences overlooking the private Ladies' Golf Club of Toronto, blending luxury with modern serenity in a premier neighbourhood. This 2-bedroom plus den, 2.5-bath suite features large windows, an open-concept layout, a complete kitchen with a large built-in island, high end Miele appliances and finishes, complemented by upgraded 10-foot ceilings and engineered hardwood throughout. This suite includes 1 large locker room and 3 parking spots including 2 side-by-side parking spots and 1 handicap spot with EV-compatible space right beside the underground elevator entrance.Residents enjoy resort-style amenities including an saunas, indoor swimming pool, fitness centre, entertainment and mahjong rooms, a golf simulator, a stylish party lounge, and an outdoor patio with fireplace. Crafted with exceptional attention to detail, this Royal Bayview suite offers a sophisticated lifestyle with the added convenience of parking spots and a locker room.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13862978
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Bayview Ave and Royal Orchard
Parking
3 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,369/mo
Exposure
West
Days on market
14
Listing brokerage
HOMELIFE GOLD PACIFIC REALTY INC.

Rooms

Primary BedroomFlat4.27 × 3.35 m

5 pc ensuite · walk-in closet(s)

Dining RoomFlat8.86 × 4.88 m

open concept · combined w/living

Living RoomFlat8.86 × 4.88 m

open concept · w/o to terrace · west view

BedroomFlat3.66 × 3.05 m

3 pc ensuite · walk-in closet(s)

DenFlat2.44 × 2.76 m
KitchenFlat2.44 × 4.88 m

open concept · combined w/dining · centre island

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

Royal Orchard, Markham, ON

CommuteTime from this home to where you spend your day

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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
$11,390/mo
$515KIncome needed
4.9×Price ÷ income
$2,628Weekly cost
$48,950Land 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.

80%mortgage
Mortgage $11,390Estimated property tax $1,562Condo fee $1,369Total carry $14,321

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,054per month

Mortgage amount $1,999,200 · 4.49% over 25 years

$499,800Down payment (20.0%)
$1,999,200Loan before insurance
$0CMHC premium
$13,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,054
Estimated property tax
$1,562
Condo / maintenance fees
$1,369
Heating
$0
Estimated monthly cost
$13,985

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

One-time closing costs

Ontario land transfer tax
$48,950
Estimated closing costs
$48,950

Plus your down payment of $499,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,379/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

$1,316,976Total interest paid
$3,316,176Total of all payments
Principal $1,999,200 Interest $1,316,976
YearPrincipalInterestBalance
1$44,614$88,033$1,954,586
2$46,639$86,008$1,907,947
3$48,757$83,890$1,859,190
4$50,971$81,676$1,808,220
5$53,285$79,362$1,754,935
6$55,704$76,943$1,699,230
7$58,233$74,414$1,640,997
8$60,877$71,770$1,580,119
9$63,642$69,005$1,516,478
10$66,531$66,116$1,449,947
11$69,552$63,095$1,380,395
12$72,710$59,937$1,307,685
13$76,011$56,636$1,231,674
14$79,462$53,185$1,152,211
15$83,070$49,577$1,069,141
16$86,842$45,805$982,299
17$90,785$41,862$891,514
18$94,907$37,740$796,607
19$99,216$33,431$697,391
20$103,721$28,926$593,670
21$108,430$24,217$485,240
22$113,353$19,294$371,886
23$118,500$14,147$253,386
24$123,881$8,766$129,505
25$129,505$3,142$0

At the end of your 5-year term

Total paid over the term
$663,235
Principal paid down
$244,265
Interest paid
$418,970
Balance remaining
$1,754,935

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$4,750/mo
$57,000Gross annual rent
0.6%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.

2.3%
Gross yield
− Property tax $17,493− Condo fees $16,433− Insurance $600− Vacancy & upkeep $6,270Net operating income $16,204

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

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