16 Elgin Street, Markham, ON

$499,000
MLS#:N12416582
4 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] common element condo located in the coveted neighborhood of Thornhill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor, Storage Area Lockers
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

SUNNY OVERSIZED CORNER UNIT! RARELY AVAILABLE! 4 BEDROOMS, 2 LEVELS WITH 2 BATHS & 2 BALCONIES! ***HANDYMAN SPECIAL*** INVESTMENT OPPORTUNITY TO RENOVATE AND CREATE YOUR PERSONAL VISION. EXCELLENT INCOME POTENTIAL OR FAMILY HOME USE! CLOSE TO ALL MAJOR HIGHWAYS, PUBLIC TRANSPORTATION, PROMENADE MALL, SHOPPING, EXCELLENT SCHOOL DISTRICT. MASTER BED ON MAIN FLOOR WITH ENSUITE BATH! OPEN CONCEPT KITCHEN/LIVING ROOM, LAUNDRY ROOM, LOTS OF CLOSET SPACE. SECOND ENTRANCE ON 2ND FLOOR! THE POTENTIAL IS LIMITLESS!!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 6, 2025
Sold price information is available to members only
Listed Date9/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
ConstructionBrick
CountyYork
Annual Tax$2,394.95

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Place Of Worship, Public Transit, Ravine

Community Features

Location

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16 Elgin Street, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Elgin Street 337, Markham, ON L3T 4T4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$200
Utilities & Maint.$350
Total Monthly Cost$2,869

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Markham.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Thornhill, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,218,017

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Thornhill
Public167 Dudley Avenue, Markham, Ontario, L3T 2E5
8.1
Henderson Avenue
Public66 Henderson Avenue, Markham, Ontario, L3T 2K7
7.1
St Michael
PublicOld Yonge Street, Thornhill, Vaughan, Ontario, L4J 4E5
8.3
St Agnes
Public280 Otonabee Avenue, Toronto, Ontario, M2M 2T2
7.4
Yorkhill
Public350 Hilda Avenue, Thornhill, Vaughan, Ontario, L4J 5K2
7.1

Secondary Schools

Thornhill
Public167 Dudley Avenue, Markham, Ontario, L3T 2E5
8.2
Brebeuf
Public211 Steeles Avenue East, Toronto, Ontario, M2M 3Y6
6.2
Newtonbrook
Public155 Hilda Avenue, Toronto, Ontario, M2M 1V6
5.9
Thornlea
Public8075 Bayview Avenue, Markham, Ontario, L3T 4N4
8.9
Monseigneur-de-Charbonnel
Public110 Drewry Avenue, North York, Toronto, Ontario, M2M 1C8
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.