1403-8111 Yonge Street, Markham, ON
Royal Orchard, Markham · MLS® N13883612
About this home
In short
- Welcome To The Prestigious "Gazebo " In Thornhill.
- 1228 Sq Ft And 460 Sq Ft Balcony.
- Large Ensuite Utility Room 1.70 M X1.39 M, Plus Bsmt Locker.
- Indoor Pool And Excellent Recreational Facilities, Tennis Courts, Squash Court, Sauna, Gym, Car Wash.
- Minutes To Hwy 7/407 And Finch Subway Station.
Welcome To The Prestigious "Gazebo " In Thornhill. Rarely Available "Bayberry" Model With South West Views. Walk - Out From Living Room And Primary Bedroom To Large Wrap Around Balcony. Approx. 1228 Sq Ft And 460 Sq Ft Balcony. Large Ensuite Utility Room 1.70 M X1.39 M, Plus Bsmt Locker. Library.Woodworking Shop. All Inclusive Maintenance. Short Walk To Yonge Street And Shopping And Excellent Schools. Indoor Pool And Excellent Recreational Facilities, Tennis Courts, Squash Court, Sauna, Gym, Car Wash. Walk To Thornhill Country Club & Toronto Ladies Golf Club. Minutes To Hwy 7/407 And Finch Subway Station. Additional Underground Parking Available.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13883612
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Yonge/ Royal Orchard
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,273/mo
- Exposure
- South West
- Property tax
- $2,854 / 2026
- Days on market
- 10
- Listing brokerage
- ARCREALTY INC.
Rooms
eat-in kitchen · ceramic floor
hardwood floor · combined w/dining · w/o to balcony
hardwood floor · 4 pc ensuite · w/o to balcony
Ceramic Floor
hardwood floor · combined w/living
Hardwood Floor
Ceramic Floor
hardwood floor · large closet
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Royal Orchard, Markham, ON
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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 $399,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,207
- Property tax
- $238
- Condo / maintenance fees
- $1,273
- Heating
- $0
- Estimated monthly cost
- $3,718
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,455
- Estimated closing costs
- $6,455
Plus your down payment of $99,800. 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
- $132,435
- Principal paid down
- $48,775
- Interest paid
- $83,660
- Balance remaining
- $350,425
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ARCREALTY INC.. MLS®/PropTx.