397 Royal Orchard Boulevard Unit 609, Markham

Price: $1,850,000

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12856872

* Tridel's Signature Luxury One Of A Kind Residence In The Heart Of Thornhill * Great and Convenient Location Adjacent to The Prestigious Ladies Golf Club * Surrounded By Scenic Trails and Parks * Minutes From Hwy 7, 407 and 404 * Walking Distance to Shops, Grocery and Restaurants * This Stunning Bright and Spacious 2 Bedrooms and 3 Baths Suite Feature Lot Of Upgrades and Extras !!! * 10' Smooth Ceiling Height * 7" Vinyl Wood Flooring * Extend Length Of Kitchen Countertop With 24" Undercounter Wine Fridge * Digital Instant Hot and Cold Water Tank With Filtration System * Single Bowl Undermount Sink * Enlarge Shower Stall With Frameless Glass Enclosure * Pocket Door In Laundry Room * Large Outdoor Terrace Complete With A Gas Line For BBQ * The Residence Offers A Beautiful Designed Grand Lobby, World Class Amenities Include A 24 Hr Concierge, Indoor Pool, Whirlpool, Sauna, Fitness Club, Golf Simulator, Party Room With Outdoor Terrace * Suite Also Include Upgraded Electrical Vehicle Parking and A Locker *

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$1,850,000 - 397 Royal Orchard Boulevard Unit 609, Markham

Condo for Sale in Markham

99 days on market
2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12856872
Property Type
Condo
Status
active
Days on Site
99
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
TRADEWORLD REALTY INC
Description

* Tridel's Signature Luxury One Of A Kind Residence In The Heart Of Thornhill * Great and Convenient Location Adjacent to The Prestigious Ladies Golf Club * Surrounded By Scenic Trails and Parks * Minutes From Hwy 7, 407 and 404 * Walking Distance to Shops, Grocery and Restaurants * This Stunning Bright and Spacious 2 Bedrooms and 3 Baths Suite Feature Lot Of Upgrades and Extras !!! * 10' Smooth Ceiling Height * 7" Vinyl Wood Flooring * Extend Length Of Kitchen Countertop With 24" Undercounter Wine Fridge * Digital Instant Hot and Cold Water Tank With Filtration System * Single Bowl Undermount Sink * Enlarge Shower Stall With Frameless Glass Enclosure * Pocket Door In Laundry Room * Large Outdoor Terrace Complete With A Gas Line For BBQ * The Residence Offers A Beautiful Designed Grand Lobby, World Class Amenities Include A 24 Hr Concierge, Indoor Pool, Whirlpool, Sauna, Fitness Club, Golf Simulator, Party Room With Outdoor Terrace * Suite Also Include Upgraded Electrical Vehicle Parking and A Locker *

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,183.17/mo

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5-yr fixed avg.

Principal: $1,480,000Interest: $974,952
Mortgage Amount$1,480,000
Total Interest$974,952
Est. Property Tax$1,310/mo
Total Cost$2,454,952

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 609, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$45

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 $1542/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 99 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.

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 $7,708 (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… — $1,850,000 | Battaglia Team