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    Markham / Thornhill - Markham

    410 - 7811 Yonge St

    For SaleThe Summit Condos
    $799,900
    2 Beds + 1
    2 Bath
    1 Parking
    1,205 SQFT
    54 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,235/mth
    Taxes:
    $2,524 (2024)
    Cost Per Sqft:
    $664/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    October 11, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Walk-Out, Open Concept
    24.87 x 11.91ft
    Dining
    Hardwood Floor, Crown Moulding
    11.91 x 7.94ft
    Kitchen
    Eat-In Kitchen, Granite Counter, Picture Window
    6.56 x 7.94ft

    About this Listing

    Stunning Corner Suite in Old Thornhill Village - Your Dream Home Awaits! Welcome to your exquisite two-bedroom condo plus a full size den in the upscale Summit boutique building! Nestled in the heart of Old Thornhill Village, this remarkable corner unit boasts over 1,200 sq. ft. of luxurious living space. Covered in hardwood flooring, ceramic tile & smooth ceilings throughout plus an impressive 127 sq. ft. private balcony with wooden tiles, offering breathtaking views of the serene treetops. Step into a grand foyer that leads you to a spacious living area featuring a large dining room & an elegant eat-in kitchen, with stainless steel appliances & a double stainless steel sink, perfect for entertaining or family gatherings. The kitchen showcases beautiful granite countertops, stylish backsplash, and upgraded cabinetry. Spacious bedrooms are designed with comfort in mind. Your main bedroom easily accommodates a king-size bed and includes an oversized en-suite shower for your ultimate relaxation. Enjoy the warmth of a cozy den, complete with an electric fireplace & a window that invites natural light. Each corner of this meticulously updated unit features upgraded bathrooms, with glass enclosures, stone surfaces & modern fixtures, including newer breaker panels, light switches, doors, trims, & stunning crown molding. With a northwest exposure, relish in the tranquility of your picturesque views while benefiting from maintenance fees that cover fast unlimited high-speed Internet, movie & tv channels, heat, hydro, water, air conditioning, building insurance & parking. Building amenities enhance your lifestyle with an exercise room, sauna, outdoor pool & recreational room, all secured by a comprehensive security system. Conveniently located close to shops & restaurants, transportation, schools & places of worship, this condo is perfect for those seeking both luxury & accessibility. Don't miss the chance to make this exceptional property your new home!

    ExtrasStainless Steel Fridge, Stove, Dishwasher, Microwave, (Washer and Dryer AS IS)

    new world 2000 realty inc.MLS® #N9303012

    Amenities

    Security System
    Visitor Parking
    Bike Storage
    Sauna
    Games Room
    Indoor Parking

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    34,479
    Average Individual Income
    $80,221
    Average Household Size
    3 persons
    Average Age
    36
    Average Household Income
    $139,819
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    19%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    22%
    50 - 64
    21%
    65+
    14%
    Household Income
    $0 - $30,000
    41%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    10%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    67%
    Semi Detached
    19%
    Duplex
    5%
    Low Rise Apartment
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    10%
    Cantonese
    3%
    Mandarin
    2%
    Russian
    1%
    Tamil
    1%
    Education
    High School
    29%
    University and Above
    29%
    College
    20%
    None
    13%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    5%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Summit Condos vs The Thornhill - Markham Area

    Building Trends At The Summit Condos

    Days on Strata

    Units at The Summit Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Markham

    Turnover of Units

    On average, each unit is owned for
    20.7
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 10 condos in the Thornhill - Markham area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    The Summit Condos offers the
    ?
    best value out of 10 condos in the Thornhill - Markham neighbourhood

    Appreciation Rank

    The Summit Condos has the
    ?
    highest ROI out of 10 condos in the Thornhill - Markham neighbourhood

    Rental Yield

    The Summit Condos yields the
    ?
    highest rent prices out of 10 condos in the Thornhill - Markham neighbourhood

    High Demand

    The Summit Condos is the
    ?
    most popular building out of 10 condos in the Thornhill - Markham neighbourhood

    Transaction Insights at 7811 Yonge Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$592,500No Data$635,000$732,000 - $917,500$740,000
    Avg. Cost Per Sqft$782No Data$664$661$629
    Avg. Wait for Unit Availability224 Days264 Days213 Days144 DaysNo Data
    Ratio of Units in Building19%18%24%39%1%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Markham