$688,000 - 7165 Yonge Street Unit 733, Markham
Condo for Sale in Markham
90 days on market- MLS Number
- N12891154
- Property Type
- Condo
- Status
- active
- Days on Site
- 90
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- NEST SEEKERS INTERNATIONAL REAL ESTATE
Welcome to this exceptionally well-maintained 2 bedroom plus den suite in Parkside Towers, the final phase of the renowned World on Yonge development completed in 2015. Offered by the original owners, this 870 square foot unit features engineered hardwood flooring throughout, a spacious primary bedroom with a 4-piece ensuite, and a functional split-bedroom layout. Enjoy stunning northwest views overlooking the lush greenery of Pomona Mills Park, Thornhill Village, and the Thornhill Golf Club. The suite comes with both parking and a locker, adding everyday convenience. Parkside Towers is directly connected to the Shops on Yonge, a vibrant retail complex with over300 retailers, including Seasons Foodmart for groceries, perfect for year-round convenience. The building offers an impressive list of amenities including a 24-hour concierge, indoor pool, fully equipped gym, sauna, change rooms, guest suites, party room, library, games and billiards room, children's playground, visitor parking, rooftop garden, and golf simulator. Located in the heart of Thornhill near Yonge and Steeles, this community offers the perfect balance of tranquility and urban convenience. Transit access is great with less than a10-minute bus ride to TTC's Line 1. Close to parks, schools, restaurants, and major highways.
Estimate your monthly payments for this property
Estimated Payment
$3,529.80/mo
Includes CMHC insurance ($19,195)
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.
7165 Yonge Street Unit 733, Markham
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Rental income estimator & ROI calculator
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
Fair Market Value
At $860/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 90 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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,867 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.