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$2.69M · 2 bed Condo Apartment · Royal Orchard, Markham | MyPropertyScout

$2,685,000

Unit 708

40 DOM

2340d

Map

DOM 40

$2,685,000

DOM40days

Unit 708

Royal Bayview · 397 Royal Orchard Boulevard · Markham · Ontario L3T 0H3

MLS® N13157486 · Royal Orchard · L3T 0H3

23Vacant1800-1999 ft²Condo Apartment2-car Underground40d$1,414/ft²$0 tax/yr

40 days on market

About this home

Truly One-of-a-Kind Expansive Corner Suite with Outdoor Terraces spanning over 2,000 sqft, 10' Foot High Ceilings and includes 2 Side by Side Parking Spots & Storage Locker!! Masterpiece of Luxury Living at Tridel's Royal Bayview Overlooking the Private Golf Course. Brand new upscale and exclusive address delivering a resort lifestyle surrounded by nature and tranquility. Welcome to the golfer and nature-lover's paradise. Excellent corner floor plan with full unobstructed views of the golf cours…

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Property details

MLS#: N13157486
Status: Buy Now
Beds: 2
Baths: 3 full, 0 half
Size: 1800-1999
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Golf, Park

Building name: Royal Bayview
Condo corp #: 1597
Balcony: Terrace
Locker: Owned
Association amenities: Indoor Pool, Gym, Exercise Room, Rooftop Deck/Garden, Sauna, Visitor Parking
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Bayview & Royal Orchard Blvd
Basement: None
Stories: 7
Utilities: —
Laundry: In-Suite Laundry, Laundry Room
Interior: Other
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

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: IRISE

Source: TRREB/PROPTX · MLS® N13157486

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$2.69M

Unit 708 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $2,685,000✓ $0 tax✓ Gas✓ 1800-1999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$19,048/mo

incl. closing costs (yr 1)

Annual total

$228,572

year 1

Mortgage only

$10,186/mo

principal + interest

Beyond mortgage

$3,937/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$537,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$0/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,900 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%$26,850/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)$106/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$53,600

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)53% $122,233/yr

Property taxes23% $53,600/yr

Utilities2% $3,960/yr

Insurance & security1% $1,600/yr

Maintenance12% $26,850/yr

Condo fees7% $15,229/yr

Closing costs2% $5,100/yr

Mortgage is 53% of your true cost of ownership. The other 47% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$122,233	$10,186/mo
Government & taxes
Land transfer tax(closing)	$53,600	$4,467/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%)	$26,850	$2,238/mo
Condo fees
Condo / HOA fees	$15,229	$1,269/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	$228,572	$19,048/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 708

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs