$999,000 - 7165 Yonge Street Unit PH 09, Markham
Condo for Sale in Markham
80 days on market- MLS Number
- N12921754
- Property Type
- Condo
- Status
- active
- Days on Site
- 80
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North West
- Balcony
- Enclosed
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to World on Yonge, one of the most sought after communities in the area! This rarely available 3 bedroom 3 bathroom residence offers an exceptional combination of space, comfort and convenience that is hard to find. Thoughtfully designed for modern living, the home features a functional layout with generously sized bedrooms, 3 washrooms, and bright open living space for everyday living and entertaining. Large windows fill the home with natural light and offer beautiful sunset views, allowing you to relax and unwind while catching the sunset from the comfort of your own home! Enjoy shopping, restaurants, grocery stores, and everyday amenities right at your doorsteps! Future upcoming Yonge North Subway Extension will make commuting downtown easier than ever adding tremendous long-term convenience and value!!! Please note this unit comes with 2 parking spaces: one tandem parking spot and one additional parking space, with a total capacity to accommodate up to three vehicles.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 PH 09, 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 $833/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 80 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.