397 Royal Orchard Boulevard Unit 204, Markham

Price: $2,788,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: N13164322

Welcome to Royal Bayview, Thornhill's most prestigious new address by Tridel. This exceptional and rarely offered 2-bedroom + den residence offers 1,749 sq. ft. of refined living space, thoughtfully designed to blend elegance, comfort, and everyday convenience. Showcasing breathtaking west-facing views of the golf course and tranquil pond, this stunning suite delivers luxury living at its finest. Expansive floor-to-ceiling windows flood the home with natural light, while the oversized private terrace creates the perfect setting for morning coffee, outdoor dining, or peaceful evening relaxation. The beautifully designed open-concept layout features a chef-inspired kitchen with a large centre island, premium finishes, and high-end appliances, seamlessly flowing into spacious living and dining areas ideal for both entertaining and daily living. Designed with both sophistication and functionality in mind, this residence offers two generous bedrooms, each complemented by spacious walk-in closets with custom built-ins, along with three beautifully appointed bathrooms, including a spa-inspired primary ensuite. The large den is a true bonus space, substantial enough to function as a private home office, library, guest retreat, or additional flex living area that truly adds value and versatility. Luxury also means convenience, and this home delivers with a massive dedicated laundry room, offering exceptional storage and practicality rarely found in condo living. Every detail has been curated to provide elevated comfort and effortless functionality. Enjoy resort-style amenities including an indoor swimming pool, fitness centre, saunas, stylish party room, and outdoor patio. Complete with one parking space and one locker, this is a rare opportunity to own in one of Thornhill's most sought-after luxury communities, where nature, convenience, and sophisticated living come together seamlessly.

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$2,788,000 - 397 Royal Orchard Boulevard Unit 204, Markham

Condo for Sale in Markham

3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
N13164322
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
UNION CAPITAL REALTY
Description

Welcome to Royal Bayview, Thornhill's most prestigious new address by Tridel. This exceptional and rarely offered 2-bedroom + den residence offers 1,749 sq. ft. of refined living space, thoughtfully designed to blend elegance, comfort, and everyday convenience. Showcasing breathtaking west-facing views of the golf course and tranquil pond, this stunning suite delivers luxury living at its finest. Expansive floor-to-ceiling windows flood the home with natural light, while the oversized private terrace creates the perfect setting for morning coffee, outdoor dining, or peaceful evening relaxation. The beautifully designed open-concept layout features a chef-inspired kitchen with a large centre island, premium finishes, and high-end appliances, seamlessly flowing into spacious living and dining areas ideal for both entertaining and daily living. Designed with both sophistication and functionality in mind, this residence offers two generous bedrooms, each complemented by spacious walk-in closets with custom built-ins, along with three beautifully appointed bathrooms, including a spa-inspired primary ensuite. The large den is a true bonus space, substantial enough to function as a private home office, library, guest retreat, or additional flex living area that truly adds value and versatility. Luxury also means convenience, and this home delivers with a massive dedicated laundry room, offering exceptional storage and practicality rarely found in condo living. Every detail has been curated to provide elevated comfort and effortless functionality. Enjoy resort-style amenities including an indoor swimming pool, fitness centre, saunas, stylish party room, and outdoor patio. Complete with one parking space and one locker, this is a rare opportunity to own in one of Thornhill's most sought-after luxury communities, where nature, convenience, and sophisticated living come together seamlessly.

Mortgage Calculator

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Estimated Payment

$12,332.26/mo

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5-yr fixed avg.

Principal: $2,230,400Interest: $1,469,279
Mortgage Amount$2,230,400
Total Interest$1,469,279
Est. Property Tax$1,975/mo
Total Cost$3,699,679

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Markham

Discover Markham

Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Markham

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

397 Royal Orchard Boulevard Unit 204, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
-0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$1,975
Insurance (est.)-$581
Net Cash Flow-$356

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1743/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $11,617 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    397 Royal Orchard Boulevard U… — $2,788,000 | Battaglia Team