16B Elgin Street, Markham, ON
Property Highlights
Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of Thornhill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $630,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Best value in Thornhill! This spacious 2-storey, 3-bedroom, 2-bathroom condo offers over 1000 sq/ft of open and airy living space, an unbeatable location, and low maintenance fees that include all utilities. The functional main floor features an open-concept kitchen overlooking the generous living and dining areas, with a walkout to a large private balcony - perfect for relaxing or entertaining. Also on the main level is a versatile third bedroom, ideal as a guest room, home office, or nursery. Upstairs, you'll find two generously sized bedrooms, a full bathroom, and a walkout to a second private terrace, providing even more outdoor living space. Laminate flooring runs throughout, creating a clean, carpet-free interior. Ideally located in the heart of Thornhill, just steps to shopping, restaurants, schools, parks, transit, and everyday amenities. Plus, the highly anticipated Yonge North Subway Extension is coming soon, making this an excellent opportunity for homeowners and investors alike.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16B Elgin Street 347, Markham, ON L3T 4T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $630,000 in Markham, the legal minimum down payment is $38,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,075 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,075.
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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.
