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    506 - 7250 Yonge St

    $829,0002 bds3 ba1 pk1,600 sqft
    4 Days on Strata
    Est Sell Timeframe:
    11 Days
    $829,000
    2 Beds + 1
    3 Bath
    1 Parking
    1,600 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $1,539/mth

    Taxes:

    $3,234 (2024)

    Cost Per Sqft:

    $518/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South

    Possession Date:

    May 18, 2025

    Laundry:

    Main

    Amenities

    Rec Room
    Party Room
    Tennis Court
    Sauna
    Squash Court
    Gym
    Visitor Parking
    Outdoor Pool
    Concierge

    About this Listing

    Welcome to 7250 Yonge Street #506 at The Palladium in Thornhill! This charming 2 bed + den, 3 bath unit offers a spacious open-concept split bedroom layout designed for both comfort and style. Granite floors, crown moulding, and pot lights enhance the elegance throughout. The bright living room flows onto a south-facing balcony, perfect for relaxing or entertaining. A separate dining area adds to the functionality of the space. The sun-filled eat-in kitchen features stainless steel appliances, granite countertops, and a tasteful backsplash. The primary bedroom boasts a walk-in closet and a luxurious 4-piece ensuite with double sinks. The second bedroom includes a mirrored closet and its own 4-piece ensuite. The den, enclosed with double doors, is ideal as an office or guest room. Enjoy fantastic building amenities including a rec room, party room, concierge, outdoor pool, and more. Unbeatable location steps to Centre Point Mall, parks, schools, shops, dining and transit. Future Clark Subway Station just minutes away! ***EXTRAS*** Listing contains virtually staged photos.

    ExtrasAll appliances (fridge, stove, dishwasher, washer & dryer), all electrical light fixtures, all window coverings, 1 exclusive parking spot and 1 locker included.

    sutton group-admiral realty inc.MLS® #N12073941

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Granite Floor, Pot Lights, Walkout To Balcony

    20.15 x 11.75ft

    Dining

    Granite Floor, Open Concept, Crown Moulding

    12.14 x 11.42ft

    Kitchen

    Eat-In Kitchen, Pot Lights, Granite Counter

    15.19 x 9.81ft

    Primary

    Large Window, 4 Piece Ensuite, Walk-in Closet

    18.47 x 15.78ft

    2nd Bedroom

    Large Window, 4 Piece Ensuite, Mirrored Closet

    20.41 x 10.27ft

    Den

    Granite Floor, Large Window, Double Doors

    13.39 x 9.74ft

    Buyer's Market
    Balanced
    Seller's Market

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    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

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    Demographics

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

    Population
    48,278
    Average Individual Income
    $77,889
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $134,042
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    20%
    50 - 64
    23%
    65+
    16%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    15%
    High Rise Apartment
    7%
    Duplex
    6%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    79%
    Other
    9%
    Mandarin
    5%
    Cantonese
    5%
    Russian
    1%
    Tamil
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    19%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%


    Days on Strata

    Units at The Palladium Condos spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    9.2
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 48 condos in the Thornhill - Vaughan area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    The Palladium Condos offers the
    ?
    best value out of 48 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    The Palladium Condos has the
    ?
    highest ROI out of 48 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    The Palladium Condos yields the
    ?
    highest rent prices out of 48 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    The Palladium Condos is the
    ?
    most popular building out of 48 condos in the Thornhill - Vaughan neighbourhood

    Market Insights

    Transaction Insights at The Palladium Condos

    1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$715,000 - $725,000$635,000 - $865,000No Data
    Avg. Cost Per SqftNo Data$616$606No Data
    Avg. Wait for Unit Availability571 Days80 Days73 DaysNo Data
    Ratio of Units in Building2%47%51%2%

    Market Inventory

    Total number of units listed and sold in Thornhill - Vaughan