7097 Yonge Street Unit 206, Markham

Price: $877,000

0 bedrooms, 0 bathrooms

1,330 sqft

Property Type: New Construction

MLS#: N6112364

*Full Address is 7097-7101 Yonge St.* Own your office on the 2nd floor at Yonge & Steeles, 1,330 SF available. Leed Gold building, brand new top of line building systems providing optimal circulation, cleanliness, and quality of life for owners, visitors, and residents of condominium above. Immediate access from 2/3 acre public park and busy Yonge Street intersection. Parking available. *Pricing inclusive of two underground parking spaces.

7097 Yonge Street Unit 206 - New Construction photo 1 of 1 in Markham, Ontario
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$877,000 - 7097 Yonge Street Unit 206, Markham

New Construction for Sale in Markham

135 days on market
0Beds
0Baths
1,330Sq Ft
New Construction
Property Details
MLS Number
N6112364
Property Type
New Construction
Status
active
Days on Site
135
Bedrooms
0
Bathrooms
0
Square Feet
1,330 sqft
Neighbourhood
Markham
Listing Brokerage
COLLIERS
Description

*Full Address is 7097-7101 Yonge St.* Own your office on the 2nd floor at Yonge & Steeles, 1,330 SF available. Leed Gold building, brand new top of line building systems providing optimal circulation, cleanliness, and quality of life for owners, visitors, and residents of condominium above. Immediate access from 2/3 acre public park and busy Yonge Street intersection. Parking available. *Pricing inclusive of two underground parking spaces.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,499.46/mo

Includes CMHC insurance ($24,468)

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5-yr fixed avg.

Principal: $789,300Interest: $536,071
Mortgage Amount$813,768
Total Interest$536,071
Est. Property Tax$621/mo
Total Cost$1,349,839

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

7097 Yonge Street Unit 206, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$621
Insurance (est.)-$183
Net Cash Flow+$1,596

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

Competitive Pricing

At $659/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 135 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.

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 $3,654 (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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    7097 Yonge Street Unit 206, Mar… — $877,000 | Battaglia Team