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Listed 2 months ago

727 - 7161 Yonge Street

Grandview, Markham

$525,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

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!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$562
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,442
mls© NumberN13471778
Listed ByROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Common Elements Included
Building Insurance Included
Water 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%
$2,687
Property tax
$203
Heat allowance
$150
Condo fees, half counted
$281
Housing costs
$3,321 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

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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