$2,685,000 - 397 Royal Orchard Boulevard Unit 708, Markham
Condo for Sale in Markham
- MLS Number
- N13157486
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- IRISE
Truly One-of-a-Kind Expansive Corner Suite with Outdoor Terraces spanning over 2,000 sqft, 10' Foot High Ceilings and includes 2 Side by Side Parking Spots & Storage Locker!! Masterpiece of Luxury Living at Tridel's Royal Bayview Overlooking the Private Golf Course. Brand new upscale and exclusive address delivering a resort lifestyle surrounded by nature and tranquility. Welcome to the golfer and nature-lover's paradise. Excellent corner floor plan with full unobstructed views of the golf course, soaring 10' foot ceilings and windows facing from North East to South West. This suite features 2 generous size bedrooms, 3 bathrooms, private terrace with BBQ gas line and water bib for your own private gardens and 2 additional balconies. Designer kitchen with large centre island, built-in full size Miele appliances, and exquisite stone counter tops. Large principal bedroom with 5 piece en-suite bathroom and spacious walk-in closet, with a second full size closet. The second bedroom also has it's own ensuite bathroom and walk-in closet. Full-size laundry room for those coming from a house plus 2 side by side parking spots and 1 large storage locker right next to the parking for added convenience. Enjoy the truly resort-like amenities such as golf simulator, indoor pool and hot tub, gym, yoga studio, Mahjong room, outdoor garden terrace and much more. Highly secure well-managed building with exceptional security and 24/7 concierge at your service.
Estimate your monthly payments for this property
Estimated Payment
$11,876.66/mo
5-yr fixed avg.
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.
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
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.
397 Royal Orchard Boulevard Unit 708, Markham
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1492/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 16 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.
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 $11,188 (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.