Loading neighbourhood intel…

$595K · 2 bed Condo Apartment · Unit 408, World on Yonge, 7171 Yonge Street, Markham, Ontario L3T 0C5 | HomeSearchCanada

$595,000

Unit 408

5 DOM

225d

Map

DOM 5

$595,000

DOM5days

Unit 408

World on Yonge · 7171 Yonge Street · Markham · Ontario L3T 0C5

MLS® N13800044 · Thornhill · L3T 0C5

22TenantOccupied800-899 ft²Condo Apartment1-car UndergroundNo basement5d$700/ft²$2,891 tax/yrBuilt 201313 yrs oldNo basement

5 days on market

About this home

Bright & spacious 2-bedroom corner suite with a highly functional split-bedroom layout anddesirable southwest exposure! Enjoy 835 sq ft of interior living space plus an impressive 190sq ft wrap-around balcony. Features 9-ft ceilings, hardwood flooring, large windows, and anopen-concept kitchen. Exceptional building amenities include 24-hour concierge, indoor pool,sauna, fitness centre, guest suites, party/meeting rooms, BBQ terrace & golf simulator.Enjoydirect indoor access to Shops on Yonge wit…

Reserved · coming next

HomeSearchCanada exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →

Property details

MLS#: N13800044
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 800-899Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 2013

Occupancy: Tenant Occupied
Washrooms: 3 pc · Flat; 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Clear View, Golf, Library, Park, Public Transit, School

View: Clear, City

Building name: World on Yonge
Condo corp #: 1271
Balcony: Open
Locker: None
Association amenities: BBQs Allowed, Concierge, Elevator, Exercise Room, Gym, Game Room
Fees include: Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC Included
Pets: No

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Fan Coil
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Yonge & Steeles
Stories: 4
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, ERV/HRV
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: REMAX YC REALTY

Source: TRREB/PROPTX · MLS® N13800044

Do you own a home in Markham?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$595K

Unit 408 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $595,000✓ $2,891 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,309/mo

incl. closing costs (yr 1)

Annual total

$63,708

year 1

Mortgage only

$2,257/mo

principal + interest

Beyond mortgage

$1,896/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$119,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$241/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%$5,950/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)$61/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,375

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $27,087/yr

Property taxes18% $11,266/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,950/yr

Condo fees14% $8,745/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)	$27,087	$2,257/mo
Government & taxes
Property tax	$2,891	$241/mo
Land transfer tax(closing)	$8,375	$698/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%)	$5,950	$496/mo
Condo fees
Condo / HOA fees	$8,745	$729/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	$63,708	$5,309/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.

Unlock Insider Deals

Sign in

Unit 408

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

Request a Showing

Request a Showing

Annual costs