7171 Yonge Street, Markham, ON

$458,000
MLS#:N13498492
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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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 $458,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Unbeatable Value & Lifestyle in the Complex! This spacious 1-bedroom suite offers 595 sq. ft. of thoughtfully designed living space, complete with 9-foot ceilings, a large private balcony, and panoramic views of Old Thornhill. Ideally situated on the quiet side of the building, away from Yonge Street traffic, it provides a peaceful living environment. This suite is perfect for first-time buyers, young professionals, downsizers, or savvy investors seeking exceptional value in a prime location. Located in the renowned World on Yonge, a well-managed and impeccably maintained building with direct indoor access to the vibrant Shops on Yonge-home to over 78 retail shops and services, including restaurants, cafés, beauty salons, jewellery stores, professional offices, a hotel, food court, and Seasons Supermarket. Everyday conveniences such as RBC, Shinhan Bank, medical and dental clinics are all right at your doorstep. Enjoy an unbeatable location just steps to TTC transit, Yonge/Steeles, and Centrepoint Mall, with quick access to the subway, Highways 401 & 407, and York University. Benefit from the future nearby subway extension, enhancing both convenience and long-term value. Exceptional building amenities include an indoor pool, fitness centre, sauna, hot tub, party room, theatre, guest suites, rooftop garden with BBQ area, 24-hour security, and ample free underground visitor parking.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/28/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,298.79

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Rec./Commun.Centre, Public Transit, Place Of Worship, Park, Clear View

Interior Features

None

Security Features

Community Features

Location

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7171 Yonge 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 7171 Yonge Street 2703, Markham, ON L3T 0C5

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.

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Interest Rate5.25%
Down Payment$22,900 (5.0%)
* Minimum Canadian down payment required for this price is $22,900.
Amortization Period25 Years
Estimated Monthly Payment$2,593Based on a loan of $435,100 over 25 years.
Purchase Price$458,000
Loan Amount$435,100
Provincial Land Transfer Tax:$5,635
Total Estimated Closing Taxes:$5,635

About Purchasing a Home in Markham, ON

For a property listed at $458,000 in Markham, the legal minimum down payment is $22,900 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 $5,635 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 $5,635.

Nearby Listings

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No current listings found in Markham.

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City & 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$1,277,965

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

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Secondary Schools

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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.