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Listed 2 months ago

508 - 7811 Yonge Street

Thornhill, Markham

$529,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to an exceptionally well maintained 2 bedroom, 2 bath condo of the renowned "Thornhill Summit" that has been lovingly cared for by the same owner for over 40 years! (Never rented!) The building enjoys a multitude of amenities in the fabulous location of Old Thornhill Village, with renovated common areas and most recently, the Air Conditioning/Heating HVAC system. Nestled on a quiet floor, this unit boasts a spacious open concept living & dining room with access to a south facing and completely private balcony. The bright and functional kitchen has lots of cupboard & counter space perfect for everyday living with a handy breakfast bar that provides a ton of natural light. Primary suite offers an elegant 2 piece ensuite & large walk-in closet. Ample closet space & storage throughout including an oversized utility room with laundry facilities and shelving for organization. Enjoy the sparkling outdoor pool, sauna, gym, party room or a quiet library room to recharge or relax. Your friends and family will love all the Visitor Parking! All utilities included in maintenance fees keep expenses stress free! Walking distance to local shops, library, nature trails, restaurants, transit (including approved Royal Orchard Subway stop!) & schools. Close to the iconic Farmer's Market, 3 Golf Courses, Active Community Centre and Hwys 407 & 404!

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$1,174
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,055
mls© NumberN13444350
Listed ByREMAX YOUR COMMUNITY REALTY
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,708
Property tax
$171
Heat allowance
$150
Condo fees, half counted
$587
Housing costs
$3,616 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,800
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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