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1 / 0
Listed 11 days ago

506 - 7171 Yonge Street

Grandview, Markham

$399,800

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

Low-rise living with a view that's here to stay! This rare 5th-floor suite at World on Yonge faces lush greenery with fully unobstructed views. It's the sweet spot of the building: Facing away from Yonge St traffic, this suite hits the sweet spot: high enough for privacy and natural light, yet low enough for quick elevator access, easy stair access during fire alarms or elevator maintenance, and hassle-free move-ins. This stylish 622 sq ft 1 Bedroom + Den features a bright, open-concept layout, 9 ft ceilings, High quality Modern flooring throughout, and freshly painted. The spacious den is perfect as a home office or flex space. Enjoy your private balcony overlooking the trees. Includes 1 owned parking space. World class amenities include 24-hr concierge, fitness centre, indoor pool, party room, and Golf Simulator. You'll have direct indoor access to shops, banks, medical offices and restaurants, and you're steps to TTC, VIVA and Yonge St transit and minutes to Hwy 7. A turnkey opportunity in one of the area's most sought-after buildings. Not to be missed!

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agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$547
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,420
mls© NumberN13822024
Listed ByHOMELIFE LANDMARK REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$2,046
Property tax
$202
Heat allowance
$150
Condo fees, half counted
$274
Housing costs
$2,672 / mo

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

Down payment20% · $79,960
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,682 / mo
Cash down
$79,960

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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