$169,000 - 7181 Yonge Street Unit 58, Markham
New Construction for Sale in Markham
135 days on market- MLS Number
- N12660686
- Property Type
- New Construction
- Status
- active
- Days on Site
- 135
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 283 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Busy Indoor Mall at Yonge & Steeles. Multi-Use Complex w/ Retail, Restaurant, Foodcourt, Residential, Office Hotel. Best High Traffic Unit on Main Level with Great Exposure. Fully Renovated and Ready for Use. Mall is connected to 4 Residential Buildings with over 1200Residents. Other tenants in mall Include Supermarket, RBC and Pharmacy etc. Best for Any Retail/Service-Related Business Or Office Use. Can Be Sold As Single Unit (#58-283sf) Or Can Be Combined With Neighboring Corner Unit For Larger Size (#59-315sf. Total: 598sf). Close to TTC, VIVA, 407. Unit Currently Leased with an AAA Tenant. Great for Investment or Possibly Self Use.
Estimate your monthly payments for this property
Estimated Payment
$867.06/mo
Includes CMHC insurance ($4,715)
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.
7181 Yonge Street Unit 58, 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
Competitive Pricing
At $597/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.
Efficient Living
At 283 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.