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New1 day ago

1107 - 1 Royal Orchard Boulevard

Royal Orchard, Markham

$529,000

Condo Apartment |
3 | 2 | 1 | 0
About this home

Spacious and well-appointed 3-bedroom condo just steps to Yonge Street, transit, shopping, dining, and all urban conveniences. This bright unit features generously sized rooms, an abundance of natural light, and spectacular south-facing views from a large private balcony. Reasonable Maintenance fee -- Enjoy a full suite of building amenities including an indoor pool, fitness center, and tennis court-perfect for an active lifestyle. Ideally situated just minutes to Highways 7 & 407, golf courses, restaurants, and major shopping destinations, with the added benefit of a future subway line nearby! Excellent opportunity for both end-users and investors. Maintenance fees include cable, internet, and utilities (excluding hydro), plus one underground parking spot.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$840
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,946
mls© NumberN13631346
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
Cable TV Included
Building Insurance Included
Parking Included
Condo Taxes Included
Common Elements 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%
$2,708
Property tax
$162
Heat allowance
$150
Condo fees, half counted
$420
Housing costs
$3,440 / mo

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

Down payment20% · $105,800
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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