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Listed 3 months ago

708 - 397 Royal Orchard Boulevard

Royal Orchard, Markham

$2,685,000

Condo Apartment |
2 | 3 | 2 | 1
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 course, soaring 10' foot ceilings and windows facing from North East to South West. This suite features 2 generous size bedrooms, 3 bathrooms, private terrace with BBQ gas line and water bib for your own private gardens and 2 additional balconies. Designer kitchen with large centre island, built-in full size Miele appliances, and exquisite stone counter tops. Large principal bedroom with 5 piece en-suite bathroom and spacious walk-in closet, with a second full size closet. The second bedroom also has it's own ensuite bathroom and walk-in closet. Full-size laundry room for those coming from a house plus 2 side by side parking spots and 1 large storage locker right next to the parking for added convenience. Enjoy the truly resort-like amenities such as golf simulator, indoor pool and hot tub, gym, yoga studio, Mahjong room, outdoor garden terrace and much more. Highly secure well-managed building with exceptional security and 24/7 concierge at your service.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1800-1999 sq. ft.
Maintenance Fees$1,269
LockerOwned
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax---
mls© NumberN13157486
Listed ByIRISE
Common Elements Included
Building Insurance 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,743
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$635
Housing costs
$14,528 / mo

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

Down payment20% · $537,000
25-yr amortization

Income needed

$447,000

gross annual household income

Payment at 4%
$11,299 / mo
Cash down
$537,000

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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