1712-7171 Yonge Street, Markham, ON

Grandview, Markham · MLS® N13873222

$498,000
For Sale
Listed 12 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • A luxurious One + Den Condo Unit With an amazing south west exposure that gives the perfect amount of natural sunlight to brighten up the open living space and kitchen.
  • A very well kept & clean space, with 9Ft ceilings, laminate flooring throughout, granite countertops & Stainless Steel Appliance makes this a standout unit for all to...

A luxurious One + Den Condo Unit With an amazing south west exposure that gives the perfect amount of natural sunlight to brighten up the open living space and kitchen. Situated at the ultra convenient World On Yonge Condo's, it comes with a plethora of amenities, retail shopping and grocery stores making this an ideal location for anyone who lives a busy life. Having the opportunity to be in close proximity to public transit, medical building and financial institutions, it will definitely help with your day to day needs and convenience. A very well kept & clean space, with 9Ft ceilings, laminate flooring throughout, granite countertops & Stainless Steel Appliance makes this a standout unit for all to enjoy. Move-in ready-an excellent choice for either investment or owner-occupation!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13873222
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge /Steeles
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Maintenance
$583/mo
Exposure
South West
Property tax
$2,290 / 2026
Days on market
12
Listing brokerage
AIMHOME REALTY INC.

Rooms

Dining RoomFlat5.50 × 3.50 m

combined w/dining · laminate · open concept

KitchenFlat3.50 × 2.30 m

stainless steel appl · granite counters · laminate

DenFlat2.90 × 2.30 m

laminate · open concept

BedroomFlat6.20 × 3.20 m

laminate · large closet · window

Living RoomFlat5.50 × 3.50 m

combined w/dining · laminate · balcony

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
What sellers nearby are askingCurrently listed nearby in Grandview · asking prices
$492kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $757/sqft; this home lists at $767/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
498kThis home498k499k490k480kThis home vs active comparables

Neighbourhood & location

Grandview, 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.

Thornhill
$588K
Royal Orchard
$1.76M
Aileen-Willowbrook
$674K
Commerce Valley
$563K
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
$2,270/mo
$107KIncome needed
4.7×Price ÷ income
$524Weekly cost
$6,435Land 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.

75%mortgage
Mortgage $2,270Property tax $191Condo fee $583Total carry $3,043

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)
$2,203per month

Mortgage amount $398,400 · 4.49% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$2,977Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,203
Property tax
$191
Condo / maintenance fees
$583
Heating
$0
Estimated monthly cost
$2,977

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

One-time closing costs

Ontario land transfer tax
$6,435
Estimated closing costs
$6,435

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,666/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

$262,447Total interest paid
$660,847Total of all payments
Principal $398,400 Interest $262,447
YearPrincipalInterestBalance
1$8,891$17,543$389,509
2$9,294$17,140$380,215
3$9,716$16,718$370,499
4$10,157$16,276$360,341
5$10,619$15,815$349,723
6$11,101$15,333$338,622
7$11,605$14,829$327,017
8$12,132$14,302$314,886
9$12,682$13,751$302,203
10$13,258$13,176$288,945
11$13,860$12,574$275,085
12$14,490$11,944$260,595
13$15,147$11,286$245,448
14$15,835$10,599$229,612
15$16,554$9,880$213,058
16$17,306$9,128$195,752
17$18,092$8,342$177,661
18$18,913$7,521$158,748
19$19,772$6,662$138,976
20$20,669$5,764$118,306
21$21,608$4,826$96,698
22$22,589$3,845$74,109
23$23,615$2,819$50,495
24$24,687$1,747$25,808
25$25,808$626$0

At the end of your 5-year term

Total paid over the term
$132,169
Principal paid down
$48,677
Interest paid
$83,492
Balance remaining
$349,723

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$2,050/mo
$24,600Gross annual rent
2.4%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.

4.9%
Gross yield
− Property tax $2,290− Condo fees $6,995− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,009

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

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