399 Royal Orchard Boulevard Unit LPH22, Markham

Price: $3,249,000

3 bedrooms, 2 bathrooms

1,800 sqft

Property Type: Condo

MLS#: N12910290

Welcome to elevated living in this stunning Lower Penthouse residence offering unobstructed golf course views and exceptional space. This beautifully designed suite features 2 large bedrooms plus a versatile den, 3 bathrooms, and a thoughtfully laid-out interior ideal for both everyday living and entertaining. Enjoy a generous laundry room, excellent storage throughout, and sun-filled living spaces framed by breathtaking, open views. The functional layout provides privacy between bedrooms while maintaining seamless flow for hosting and relaxing. Residents enjoy access to state-of-the-art amenities, including an indoor pool, sauna, elegant party room, media room, and a professional golf simulator - delivering resort-style living at home. Two parking spaces and a locker are included for added convenience. An exceptional opportunity to own a premium penthouse-level home with luxury finishes, outstanding amenities, and a truly spectacular outlook.

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$3,249,000 - 399 Royal Orchard Boulevard Unit LPH22, Markham

Condo for Sale in Markham

82 days on market
3Beds
2Baths
1,800Sq Ft
Condo
Property Details
MLS Number
N12910290
Property Type
Condo
Status
active
Days on Site
82
Bedrooms
3
Bathrooms
2
Square Feet
1,800 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Welcome to elevated living in this stunning Lower Penthouse residence offering unobstructed golf course views and exceptional space. This beautifully designed suite features 2 large bedrooms plus a versatile den, 3 bathrooms, and a thoughtfully laid-out interior ideal for both everyday living and entertaining. Enjoy a generous laundry room, excellent storage throughout, and sun-filled living spaces framed by breathtaking, open views. The functional layout provides privacy between bedrooms while maintaining seamless flow for hosting and relaxing. Residents enjoy access to state-of-the-art amenities, including an indoor pool, sauna, elegant party room, media room, and a professional golf simulator - delivering resort-style living at home. Two parking spaces and a locker are included for added convenience. An exceptional opportunity to own a premium penthouse-level home with luxury finishes, outstanding amenities, and a truly spectacular outlook.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,371.42/mo

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5-yr fixed avg.

Principal: $2,599,200Interest: $1,712,227
Mortgage Amount$2,599,200
Total Interest$1,712,227
Est. Property Tax$2,301/mo
Total Cost$4,311,427

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

399 Royal Orchard Boulevard Unit LPH22, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
-0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$2,301
Insurance (est.)-$677
Net Cash Flow-$748

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 $1805/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 82 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.

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.

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 $13,538 (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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    MLS# N12910290 — 399 Royal Orchard Boulevard U… | Battaglia Team