Maintenance Fees
The Summit Condos vs The Thornhill - Markham Area
for sale
96 Days on Strata
1007 - 7811 Yonge St
$639,000
1 Bed
1 Bath
1 Parking
700 - 799 SQFT
Price History
- Maintenance Fees:
- $803/mth
- Taxes:
- $1,858 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $800 - $913/sqft
- Outdoor Space:
- Balcony
- Locker:
- None
- Possession Date:
- TBD
- Exposure:
- South West
Amenities
Gym
Outdoor Pool
Party Room
Rec Room
Sauna
Visitor Parking
About this Listing
The much sought after 'The Summit' Condos - A spectacular condominium building in prime Olde Thornhill Village, Thornhill/Markham. This bright 10th floor, 1-bedroom suite offers stunning southwest city skyline views and a covered outdoor balcony for private outdoor living. A spacious bedroom designed with comfort in mind. A large ensuite laundry. The well managed , secure building features on-site management and top tier amenities including an outdoor pool, a gym, sauna, games room and bike storage. Healthy reserve fund: maintenance fees include utilities, cable and internet. Additional building features include underground parking and ample visitor parking. Ideally located in the heart of Thornhill with easy access to Hwys 401 & 407, walking trails, shops, cafes, restaurants, golf courses, parks, schools and public transit (future subway potential).
ExtrasFridge, stove, washer, and dryer. One underground parking spot, #111.
re/max hallmark york group realty ltd.MLS® #N12350675
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 22.77 x 10.96ft
- Carpet, Walkout To Balcony, West View
- Dining
- 10.37 x 10.27ft
- Carpet, Combined with Living
- Kitchen
- 12.8 x 7.94ft
- Tile Floor, Window
- Primary
- 17.72 x 13.42ft
- Carpet, West View, Window
- Laundry
- 10.63 x 5.25ft
- Tile Floor
Building Spotlight
Similar Listings
Explore Thornhill - Markham
Map
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!'
Mortgage Calculator
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
Household Income
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%
Building Trends At The Summit Condos
Days on Strata
Units at The Summit Condos spend an average of
58
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Thornhill - Markham
Turnover of Units
On average, each unit is owned for
20
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 11 condos in the Thornhill - Markham area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
4
Units were Rented over the past twelve months
Best Value Rank
The Summit Condos offers the best value out of 11 condos in the Thornhill - Markham neighbourhood
?
Appreciation Rank
The Summit Condos has the highest ROI out of 11 condos in the Thornhill - Markham neighbourhood
?
Rental Yield
The Summit Condos yields the highest rent prices out of 11 condos in the Thornhill - Markham neighbourhood
?
High Demand
The Summit Condos is the most popular building out of 11 condos in the Thornhill - Markham neighbourhood
?
Market Insights
Transaction Insights at The Summit Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | No Data | $670,000 | $635,000 | $570,000 - $710,000 | No Data |
| Avg. Cost Per Sqft | No Data | $735 | $679 | $555 | No Data |
| Price Range | $2,500 | $2,700 | $2,700 | No Data | No Data |
| Avg. Wait for Unit Availability | 242 Days | 432 Days | 285 Days | 137 Days | No Data |
| Avg. Wait for Unit Availability | 223 Days | 1466 Days | 734 Days | 365 Days | No Data |
| Ratio of Units in Building | 18% | 18% | 19% | 38% | 1% |
Market Inventory
Total number of units listed and sold in Thornhill - Markham
