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    Markham / Thornhill - Markham

    309 - 7811 Yonge St

    For SaleThe Summit Condos
    $718,000
    Price Cut: $749,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,205 SQFT
    21 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,244/mth
    Taxes:
    $2,524 (2024)
    Cost Per Sqft:
    $596/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Arranged
    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
    Open Concept, Hardwood Floor
    13.12 x 11.19ft
    Dining
    Open Concept, Hardwood Floor
    24.87 x 11.42ft
    Kitchen
    Renovated, Backsplash, Marble Counter
    13.12 x 7.61ft

    About this Listing

    Rarely Offered. Welcome To Thornhill Summit Conveniently Located On Yonge And Mins Walk To Future Subway Extension Line. This Exquisite Corner Unit 2-Bedroom Plus Oversized Den (Can Be 3rd Bedroom Or Office) And 2 Full Washroom Offers A Spacious Living With Over 1200 SF, With Southern Exposure That Is Sun-Filled Throughout The Day. This Floor Plan Features A Large Primary Bedroom With An Ensuite Washroom & Abundant Closet Space. Newly Renovated Modern Kitchen W/Granite Countertop, Freshly Painted, And Hardwood Throughout. The Open Concept Living And Dining Area With Walkout To A Large Balcony Offers Ample Space For Gatherings And Relaxation. Versatile Den Large Enough To Be A Bedroom For Your Growing Family Needs. Low Density And Very Quiet Building. Fully Loaded Amenities W/Gym, Outdoor Pool, Sauna, Billiard & Ping Pong, And Plenty Of Visitors Parking. Steps To Transportation & Future Subway Line, Grocery, Top Restaurants, Golf Course, Hwy 407 And Much More! Pride Of Ownership Shows This Condo Is Waiting For You!

    ExtrasTremendous Fully Loaded Amenities. All Inclusive Utilities, Hydro, Water, Heat & AC, Building Insurance, Internet & Cable. 1 Parking Spot.

    dream home realty inc.MLS® #N10405434

    Amenities

    Gym Room
    Indoor Parking
    Outdoor Pool
    Visitor Parking
    Games Room
    Sauna

    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!'

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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
    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
    29
    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

    2%
    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

    7
    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$668$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