$464,000 - 7167 Yonge Street Unit 1511, Markham
Condo for Sale in Markham
54 days on market- MLS Number
- N13027566
- Property Type
- Condo
- Status
- active
- Days on Site
- 54
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Luxury Living at World on Yonge! Perfectly situated between Thornhill, Markham, and North York, this beautifully renovated one-bedroom condo is located in one of the most vibrant and culturally rich communities in the GTA - highly sought - after for its strong Persian presence, welcoming atmosphere, and incredible everyday conveniences. This bright, spacious, and impeccably clean unit features a modern open-concept layout with brand new vinyl luxury wood - look flooring, new ELF's, and tasteful upgrades throughout. Enjoy breathtaking west-facing views and abundant natural light, creating a warm and inviting space ideal for both relaxing and entertaining.The building is exceptionally well maintained and known for its friendly, community-oriented environment. Residents enjoy top-tier amenities including an indoor pool, fitness centre, media room, billiards, party room, and guest suites. A true highlight is the direct indoor connection to the shopping centre - no need to step outside during the winter months. The mall offers a wide variety of conveniences, including a strong selection of Persian stores, cafes, restaurants, medical services, salons, and a fantastic Korean supermarket, all right at your doorstep. Commuters will appreciate being minutes to Finch Subway, major highways, and steps to TTC and VIA transit. Complete with parking and a locker, this unit is priced very well - an excellent opportunity for first-time buyers, investors, or anyone looking to be part of a thriving, connected community.
Estimate your monthly payments for this property
Estimated Payment
$2,380.56/mo
Includes CMHC insurance ($12,946)
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.
7167 Yonge Street Unit 1511, 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
Fair Market Value
At $928/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 54 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 500 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.
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.