397 Royal Orchard Boulevard Unit 301, Markham

Price: $1,288,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N12950012

Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill. This stunning 2-bedroom, 2-bathroom suite offers 1,073 sq ft of refined living with soaring 10 ft ceilings and thoughtfully upgraded finishes throughout. Adjacent to the prestigious Ladies' Golf Club of Toronto, this home combines luxury, nature, and convenience in one of the GTA's most sought-after neighbourhoods. The suite features a split-bedroom layout and full-height, floor-to-ceiling windows that flood the space with natural light. The gourmet kitchen is beautifully upgraded with premium cabinetry, an extended pantry cabinet and integrated Miele stainless steel appliances, including a Wi-Fi-enabled built-in speed oven, built-in fridge, stove, range hood and dishwasher. Both bathrooms are upgraded, with the second bathroom offering a modern black vanity and a sliding glass door for the bathtub. All closets are equipped with floor-to-ceiling custom built-in organizers, maximizing storage and functionality. Upgraded pot lights add warmth and elegance, while electric auto blinds provide comfort and privacy with the touch of a button. An added master switch allows you to conveniently power off all the lights in the unit from a single control point-an energy-efficient and smart home upgrade. Large outdoor terrace complete with a gas line ready for a BBQ. Royal Bayview offers world-class amenities, including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor terrace, and beautifully designed common spaces. Located just minutes from Bayview, Highway 7 & 407, Richmond Hill Centre and Langstaff GO Station, with nearby parks, trails, shopping, and dining. Includes 1 parking space and 1 locker. Experience luxury living with nature at your doorstep at Royal Bayview. Property Tax to be assessed.

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$1,288,000 - 397 Royal Orchard Boulevard Unit 301, Markham

Condo for Sale in Markham

72 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N12950012
Property Type
Condo
Status
active
Days on Site
72
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
EXP REALTY
Description

Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill. This stunning 2-bedroom, 2-bathroom suite offers 1,073 sq ft of refined living with soaring 10 ft ceilings and thoughtfully upgraded finishes throughout. Adjacent to the prestigious Ladies' Golf Club of Toronto, this home combines luxury, nature, and convenience in one of the GTA's most sought-after neighbourhoods. The suite features a split-bedroom layout and full-height, floor-to-ceiling windows that flood the space with natural light. The gourmet kitchen is beautifully upgraded with premium cabinetry, an extended pantry cabinet and integrated Miele stainless steel appliances, including a Wi-Fi-enabled built-in speed oven, built-in fridge, stove, range hood and dishwasher. Both bathrooms are upgraded, with the second bathroom offering a modern black vanity and a sliding glass door for the bathtub. All closets are equipped with floor-to-ceiling custom built-in organizers, maximizing storage and functionality. Upgraded pot lights add warmth and elegance, while electric auto blinds provide comfort and privacy with the touch of a button. An added master switch allows you to conveniently power off all the lights in the unit from a single control point-an energy-efficient and smart home upgrade. Large outdoor terrace complete with a gas line ready for a BBQ. Royal Bayview offers world-class amenities, including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor terrace, and beautifully designed common spaces. Located just minutes from Bayview, Highway 7 & 407, Richmond Hill Centre and Langstaff GO Station, with nearby parks, trails, shopping, and dining. Includes 1 parking space and 1 locker. Experience luxury living with nature at your doorstep at Royal Bayview. Property Tax to be assessed.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,697.26/mo

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5-yr fixed avg.

Principal: $1,030,400Interest: $678,778
Mortgage Amount$1,030,400
Total Interest$678,778
Est. Property Tax$912/mo
Total Cost$1,709,178

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 301, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$912
Insurance (est.)-$268
Net Cash Flow+$530

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 $1288/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.

Negotiation Opportunity

At 72 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $5,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    397 Royal Orchard Boulevard U… — $1,288,000 | Battaglia Team