7825 Bayview Avenue Unit 926, Markham

Price: $648,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13115914

Lovely renovated split bedroom unit with connecting ensuites in luxurious "Landmark of Thornhill" features a thoughtfully designed modern gourmet kitchen with stainless steel appliances and spacious living and dining area with gleaming wood floors. Primary bedroom retreat connects to an open concept den perfect for an office or sitting area, walk-in closet and a gorgeous ensuite. The second bedroom also connects to a 4-pc. bath. Residents enjoy premium amenities including 24hr Concierge, salt water indoor pool, whirlpool, sauna, gym, games room, party room, library, ping pong, billiard, tennis/pickleball court, basketball, squash, outdoor terrace with BBQ, guest suites and plenty of visitor parking. Excellent location across from Thornhill Community Centre & Square, Shoppers, supermarket, restaurants, cafes, places of Worship, parks and golf courses. Easy access to public transport, one bus to Finch Subway, minutes to Hwy 407 & Hwy 7 and top ranking schools. Condo fees are all inclusive of utilities, basic cable and internet.

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$648,000 - 7825 Bayview Avenue Unit 926, Markham

Condo for Sale in Markham

35 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13115914
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Lovely renovated split bedroom unit with connecting ensuites in luxurious "Landmark of Thornhill" features a thoughtfully designed modern gourmet kitchen with stainless steel appliances and spacious living and dining area with gleaming wood floors. Primary bedroom retreat connects to an open concept den perfect for an office or sitting area, walk-in closet and a gorgeous ensuite. The second bedroom also connects to a 4-pc. bath. Residents enjoy premium amenities including 24hr Concierge, salt water indoor pool, whirlpool, sauna, gym, games room, party room, library, ping pong, billiard, tennis/pickleball court, basketball, squash, outdoor terrace with BBQ, guest suites and plenty of visitor parking. Excellent location across from Thornhill Community Centre & Square, Shoppers, supermarket, restaurants, cafes, places of Worship, parks and golf courses. Easy access to public transport, one bus to Finch Subway, minutes to Hwy 407 & Hwy 7 and top ranking schools. Condo fees are all inclusive of utilities, basic cable and internet.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,324.58/mo

Includes CMHC insurance ($18,079)

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5-yr fixed avg.

Principal: $583,200Interest: $396,094
Mortgage Amount$601,279
Total Interest$396,094
Est. Property Tax$459/mo
Total Cost$997,373

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

7825 Bayview Avenue Unit 926, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$459
Insurance (est.)-$135
Net Cash Flow+$1,516

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 $648/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.

Market Position

At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 $2,700 (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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