Maintenance Fees
The Summit Condos vs The Thornhill - Markham Area
1007 - 7811 Yonge St
$639,0001 bd1 ba1 pk759 sqft
For SaleThe Summit Condos
24 Days on Strata
$639,000
1 Bed
1 Bath
1 Parking
759 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$803/mth
Taxes:
$1,858 (2025)
Cost Per Sqft:
$842/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
South West
Possession Date:
30 days / TBD
Amenities
Rec Room
Visitor Parking
Party Room
Indoor Parking
Sauna
Bike Storage
Games Room
Gym
Outdoor Pool
Security System
About this Listing
'The Summit' Condos - A spectacular 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. Spacious bedroom designed with comfort in mind. Large ensuite laundry. The well-managed, secure building features on-site management and top-tier amenities including an outdoor pool, 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 & dryer. One underground parking #111.
re/max hallmark york group realty ltd.MLS® #N12023452
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
Carpet, Walkout To Balcony, West View
22.77 x 10.96ft
Dining
Carpet, Combined with Living
10.37 x 10.27ft
Kitchen
Tile Floor, Window
12.8 x 7.94ft
Primary
Carpet, Window, West View
17.72 x 13.42ft
Laundry
Tile Floor
10.63 x 5.25ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Thornhill - Markham
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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
28
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
20.6
YEARS before being sold againProperty Value
-5%
Decrease 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
5
Units were Sold over the past twelve months
Rented Units
2
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
?
Market Insights
Transaction Insights at The Summit Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | No Data | No Data | No Data | $710,000 - $917,500 | No Data |
| Avg. Cost Per Sqft | No Data | No Data | No Data | $657 | No Data |
| Price Range | $2,500 | No Data | $3,200 | No Data | No Data |
| Avg. Wait for Unit Availability | 188 Days | 349 Days | 245 Days | 141 Days | No Data |
| Avg. Wait for Unit Availability | 226 Days | 323 Days | 1074 Days | 379 Days | No Data |
| Ratio of Units in Building | 22% | 15% | 21% | 43% | 1% |
Market Inventory
Total number of units listed and sold in Thornhill - Markham
