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Listed 1 month ago

1007 - 7811 Yonge Street

Thornhill, Markham

$534,900

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

'The Summit' Condominium - THE prestige condo building in prime Olde Thornhill Village, Thornhill/Markham. This bright 10th floor, 1 bedroom suite offers stunning south-west, city skyline views and a covered balcony for private outdoor enjoyment. The spacious primary bedroom is designed with comfort in mind. Large ensuite laundry. This well-managed, secure building features on-site management and top-tier amenities including an outdoor swimming pool, a gym, sauna, games room and bike storage. Healthy reserve fund. Maintenance fees include utilities, cable and internet. Additional building features include underground parking and ample visitor parking. Ideally located in the heart of Thornhill with easy access to Highways 401 and 407, walking trails, shops, cafes, restaurants, golf courses, parks, schools and public transit (future subway potential)

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$880
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,912
mls© NumberN13508800
Listed ByRE/MAX HALLMARK YORK GROUP REALTY LTD.
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%
$2,738
Property tax
$159
Heat allowance
$150
Condo fees, half counted
$440
Housing costs
$3,487 / mo

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

Down payment20% · $106,980
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,251 / mo
Cash down
$106,980

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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