624-7825 Bayview Avenue, Markham, ON

Aileen-Willowbrook, Markham · MLS® N14030600

$649,000
For Sale
Listed 5 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Discover spacious condo living at the highly sought-after Landmark of Thornhill.
  • This bright and inviting 2-bedroom plus den, 2-bathroom suite is situated on the 6th floor and offers a well-designed layout with generously sized principal rooms and...
  • Enjoy an outstanding collection of building amenities, including 24-hour concierge and security, indoor pool, fitness centre, sauna, tennis and squash courts, party...
  • Perfectly positioned in the heart of Thornhill, just minutes from shopping, restaurants, parks, Thornhill Community Centre, library, public transit and Highways 407...

Discover spacious condo living at the highly sought-after Landmark of Thornhill! This bright and inviting 2-bedroom plus den, 2-bathroom suite is situated on the 6th floor and offers a well-designed layout with generously sized principal rooms and plenty of natural light throughout. The versatile den provides the perfect space for a home office, reading area or additional living space. An exceptional bonus is the inclusion of TWO PARKING SPACES, offering added convenience rarely found in condo living! With generous room sizes and endless potential to add your personal touch, this suite is an excellent opportunity to create a home that truly reflects your style. Enjoy an outstanding collection of building amenities, including 24-hour concierge and security, indoor pool, fitness centre, sauna, tennis and squash courts, party room and beautifully maintained grounds. Perfectly positioned in the heart of Thornhill, just minutes from shopping, restaurants, parks, Thornhill Community Centre, library, public transit and Highways 407 and 404. Whether you're looking to downsize without sacrificing space or searching for a home with room to grow, this property delivers the space, location and lifestyle you've been looking for!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14030600
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Bayview/Greenlane
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,114/mo
Exposure
South West
Property tax
$2,661 / 2026
Days on market
5
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

KitchenFlat2.49 × 3.51 m

ceramic floor · eat-in kitchen · window

DenFlat7.09 × 2.77 m

laminate · window

Dining RoomFlat5.32 × 3.29 m

laminate · combined w/living · window

Living RoomFlat5.32 × 3.29 m

laminate · combined w/dining · window

Bedroom 2Flat2.72 × 3.76 m

laminate · closet · window

Primary BedroomFlat3.98 × 3.38 m

laminate · closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$629Klikely sale price

Listed at $649,000. Going by how homes in Aileen-Willowbrook and the wider GTA have actually closed against their asking prices (about 97%, 5 local closings in 90 days), the likely sale price is near $629K, if it sells. A realistic range is $593K to $681K.

Independent value check: $609K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $567K and $640K).

Why $609K. The typical condo sold in Aileen-Willowbrook over the past year went for about $703K (18 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 1,400 to 1,599.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,661 a year; the typical home sold here pays about $3,000.
List price
$593KBelow recent closings$681KAbove recent closings

Total price vs nearby homes. Likely closing about $629K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$715Kmedian sold price
97%of asking, on average
−18%prices vs a year ago
~21 dayshomes like this take to sell
5days on market so far
$3,068/moest. rent · 13 leases
5.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.4 months of inventory: 9 condo apartment homes for sale in the area against 5 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 $590/sqft against an area asking average of $539/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $567K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully

Based on 11 homes sold in this building over the past two years, from 47 closings in Aileen-Willowbrook.

What sellers nearby are askingCurrently listed nearby in Aileen-Willowbrook · asking prices
$717kavg 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 $574/sqft; this home lists at $590/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
649kThis home629k699k720k820kThis 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

Aileen-Willowbrook, 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.

Royal Orchard
$1.64M
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
$2,958/mo
$144KIncome needed
4.5×Price ÷ income
$683Weekly cost
$9,455Land 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.

69%mortgage
Mortgage $2,958Property tax $222Condo fee $1,114Total carry $4,293

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

years
years (your rate-locked period)
$2,871per month

Mortgage amount $519,200 · 4.49% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$4,206Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,871
Property tax
$222
Condo / maintenance fees
$1,114
Heating
$0
Estimated monthly cost
$4,206

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

One-time closing costs

Ontario land transfer tax
$9,455
Estimated closing costs
$9,455

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,475/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

$342,024Total interest paid
$861,224Total of all payments
Principal $519,200 Interest $342,024
YearPrincipalInterestBalance
1$11,586$22,863$507,614
2$12,112$22,337$495,501
3$12,662$21,787$482,839
4$13,237$21,212$469,602
5$13,838$20,611$455,763
6$14,467$19,982$441,297
7$15,123$19,325$426,173
8$15,810$18,639$410,363
9$16,528$17,921$393,835
10$17,278$17,171$376,557
11$18,063$16,386$358,494
12$18,883$15,566$339,611
13$19,740$14,709$319,870
14$20,637$13,812$299,234
15$21,574$12,875$277,660
16$22,553$11,896$255,107
17$23,577$10,872$231,530
18$24,648$9,801$206,882
19$25,767$8,682$181,115
20$26,937$7,512$154,178
21$28,160$6,289$126,019
22$29,438$5,011$96,580
23$30,775$3,674$65,805
24$32,172$2,277$33,633
25$33,633$816$0

At the end of your 5-year term

Total paid over the term
$172,245
Principal paid down
$63,437
Interest paid
$108,808
Balance remaining
$455,763

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
From 13 whole-home leases in Aileen-Willowbrook$3,068/mo
$36,816Gross annual rent
2.5%Cap rate after taxes and upkeep
$2,914 to $3,221Typical rent range
~26 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 13 whole-home leases in Aileen-Willowbrook signed at a median of $3,384 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,068. 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.

5.7%
Gross yield
− Property tax $2,661− Condo fees $13,365− Insurance $600− Vacancy & upkeep $4,050Net operating income $16,141

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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