7161 Yonge Street, Unit 727, Markham, ON

$499,000
MLS#:N13743284
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Added:Sep 3, 2026(today)
Updated:Sep 3, 2026(today)
Last Checked:23 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Grandview. Expertly crafted featuring premium concrete 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this spacious 1+1 bedroom condo, in the luxurious World On Yonge building! With a walk score of 90, this highly convenient location is just steps away from countless amenities around Yonge St. This brightly lit, south-facing unit features high 9' ceilings, an ensuite laundry, OWNED parking space & locker, stainless steel kitchen appliances, 4-piece bath, and laminate flooring throughout. The breathtaking Living Room walks out to a private balcony, with a clear, unobstructed south view of the city - providing the perfect space to enjoy a morning coffee, or watch the evening sunset! And, an owned storage locker on the same floor as the unit, offers ultimate convenience. Exceptional building amenities include: a 24-Hour Concierge & Security, indoor pool, sauna, gym, media room, party/meeting rooms, guest suites, and visitor parking. Enjoy direct indoor access to Shops On Yonge - including grocery stores, restaurants, retail, banks, and medical/dental clinics - everything you could need, at close proximity. Only a quick minute's walk to TTC, multiple schools, parks, recreation/sports facilities, dining, and minutes to major routes (404, 407, 400 & Highway 7). Situated in a highly-desirable Thornhill location near everyday essentials - this property provides the ideal lifestyle!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 7161 Yonge Street, Markham is currently for sale and has been available on SousaSells for 0 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 7161 Yonge Street, Markham is in the Grandview neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Grandview, Markham.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Markham.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedSep 3, 2026 (today)
UpdatedSep 3, 2026 (today)
Last Checked23 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,441.53

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Public Transit
  • School
  • Place Of Worship
  • Other

Interior Features

  • Other
  • Carpet Free

Security Features

  • Concierge/Security

Community Features

None listed

Frequently Asked Questions about 7161 Yonge Street, Unit 727, Markham, ON

Q.What is the asking price for 7161 Yonge Street, Unit 727, Markham, ON ?

The current listing price for 7161 Yonge Street, Unit 727, Markham, ON in Grandview, Markham is $499,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 7161 Yonge Street, Unit 727, Markham, ON ?

7161 Yonge Street, Unit 727, Markham, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 7161 Yonge Street, Unit 727, Markham, ON offer?

Key property features include: Park, Public Transit, School, Place Of Worship, Other.

Q.What interior features are included in this home?

Interior highlights include: Other, Carpet Free.

Q.What security features are installed at 7161 Yonge Street, Unit 727, Markham, ON ?

Security features include: Concierge/Security.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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7161 Yonge Street, Unit 727, Markham, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Grandview, Markham

SAFETY RATING9.5 / 10
Low Incident Area
Total Annual Incidents51 incidents / yr
Average Per Month4.3 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

10 assaults (45.0/100k)

Property Security
Low

11 B&E (40.0/100k)

Auto Theft Risk
Low Risk

18 thefts (45.0/100k)

1-Year Trend
â–¼ 6.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 7161 Yonge Street 727, Markham, ON L3T 0C8

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Markham, ON

For a property listed at $499,000 in Markham, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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Grandview, Markham Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,415,856

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%

Best Schools in Grandview, Markham

Elementary Schools

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
E T Crowle
Public
9.5
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Castlemore
Public1580, Markham, Ontario
9.2
Stonebridge
PublicStonebridge Drive, Markham, Ontario, L6C 2Z8
9.1

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9

Grandview, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.

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