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$628K · 2 bed Condo Apartment · Grandview, Markham | MyPropertyScout

$628,000

Unit PH2-08

22OwnerOccupied

Map

$628,000

C●●○○○

Unit PH2-08

7161 Yonge Street · Markham · Ontario L3T 0C8

MLS® N12608768 · Grandview · L3T 0C8

22OwnerOccupied800-899 ft²Condo Apartment1-car Underground$739/ft²$3,165 tax/yrBuilt 20188 yrs old

4% above market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Luxury living awaits at "World on Yonge" in this spacious 895 sq. ft. Penthouse Suite, featuring soaring 9' ceilings and a breathtaking city view. This residence offers a modern granite kitchen with stainless steel appliances and two full bathrooms, providing a very safe environment that is especially ideal for families with kids. Residents enjoy access to excellent amenities, including a swimming pool, whirlpool, sauna, library, gym, media room, guest suites, and visitor parking, all protected…

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Property details

MLS#: N12608768
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 800-899
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Foundation: Concrete

View: City, Clear

Condo corp #: 1271
Balcony: None
Locker: Owned
Association amenities: Concierge, Elevator, Indoor Pool, Visitor Parking, Exercise Room
Fees include: Heat Included, Water Included, CAC Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Yonge/Steeles
Basement: None
Stories: —
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: Underground

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: HOMELIFE NEW WORLD REALTY INC.

Source: TRREB/PROPTX · MLS® N12608768

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$628K

Unit PH2-08 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $628,000✓ $3,165 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,550/mo

incl. closing costs (yr 1)

Annual total

$66,600

year 1

Mortgage only

$2,382/mo

principal + interest

Beyond mortgage

$1,956/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$125,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$264/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,280/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$62/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,035

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $28,589/yr

Property taxes18% $12,200/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $6,280/yr

Condo fees13% $8,871/yr

Closing costs8% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$28,589	$2,382/mo
Government & taxes
Property tax	$3,165	$264/mo
Land transfer tax(closing)	$9,035	$753/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,280	$523/mo
Condo fees
Condo / HOA fees	$8,871	$739/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$66,600	$5,550/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit PH2-08

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs