508 - 7811 Yonge Street

Royal Orchard, Markham

Open House Apr 26th, 2-4PM
508 - 7811 Yonge Street, Royal Orchard, Markham

$543,900


Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $604.33


About this Condo

in Royal Orchard, Markham

Welcome to an exceptionally well maintained 2 bedroom, 2 bath condo of the renowned "Thornhill Summit" that has been lovingly cared for by the same owner for over 40 years! (Never rented!) The building enjoys a multitude of amenities in the fabulous location of Old Thornhill Village, with renovated common areas and most recently, the Air Conditioning/Heating HVAC system. Nestled on a quiet floor, this unit boasts a spacious open concept living & dining room with access to a south facing and completely private balcony. The bright and functional kitchen has lots of cupboard & counter space perfect for everyday living with a handy breakfast bar that provides a ton of natural light. Primary suite offers an elegant 2 piece ensuite & large walk-in closet. Ample closet space & storage throughout including an oversized utility room with laundry facilities and shelving for organization. Enjoy the sparkling outdoor pool, sauna, gym, party room or a quiet library room to recharge or relax. Your friends and family will love all the Visitor Parking! All utilities included in maintenance fees keep expenses stress free! Walking distance to local shops, library, nature trails, restaurants, transit (including approved Royal Orchard Subway stop!) & schools. Close to the iconic Farmer's Market, 3 Golf Courses, Active Community Centre and Hwys 407 & 404!

Listed by REMAX YOUR COMMUNITY REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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