7161 Yonge St #727, Markham

Name: 7161 Yonge Street, Unit 727
SKU: N13743284
Price: 499000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Markham

Unit 727 at 7161 Yonge Street

Welcome to this spacious 1+1 bedroom condo, in the luxurious World On Yonge building! With a walk score of 90, this highly convenient location is just steps away from countless amenities around Yonge St. This brightly lit, south-facing unit features high 9' ceilings, an ensuite laundry, OWNED parking space & locker, stainless steel kitchen appliances, 4-piece bath, and laminate flooring throughout. The breathtaking Living Room walks out to a private balcony, with a clear, unobstructed south view of the city - providing the perfect space to enjoy a morning coffee, or watch the evening sunset! And, an owned storage locker on the same floor as the unit, offers ultimate convenience. Exceptional building amenities include: a 24-Hour Concierge & Security, indoor pool, sauna, gym, media room, party/meeting rooms, guest suites, and visitor parking. Enjoy direct indoor access to Shops On Yonge - including grocery stores, restaurants, retail, banks, and medical/dental clinics - everything you could need, at close proximity. Only a quick minute's walk to TTC, multiple schools, parks, recreation/sports facilities, dining, and minutes to major routes (404, 407, 400 & Highway 7). Situated in a highly-desirable Thornhill location near everyday essentials - this property provides the ideal lifestyle!

1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $832 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 7161 Yonge St #727

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

7161 Yonge St #727 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 3, 2026For saleListedThis listingMLS® N13743284$499,000
LeasedPreviously listedMLS® N12038427View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 7161 Yonge St #727 Compares to the Markham Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 2,124 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Markham market, last 90 days

Median sold price: $1,099,250
Average sold price: $1,172,027
Average days on market: 30
Homes sold: 1,312

Closed sales on the TRREB MLS®.

Full Markham market report

Market pulse · Markham

Markham market

Median sold price$1,099,250Last 90 days
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.4%On average, homes sold below asking.
Active listings1,526Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 25 – Jul 24, 2026: prices up.

Based on 1,312 sales from Jul 24 – Oct 22, 2026 (808 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Markham

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 727 — 7161 Yonge Street 1 bd · 1 ba · 600 sqft	$499,000asking	$832	—	—
8 Rouge Valley Drive 2 bd · 2 ba · 600 sqft
7805 Bayview Avenue 2 bd · 2 ba · 1,200 sqft
8 Water Walk Drive 2 bd · 2 ba · 1,000 sqft
111 Upper Duke Crescent 1 bd · 1 ba · 600 sqft
9506 Markham Road 2 bd · 2 ba · 700 sqft
50 Clegg Road 1 bd · 1 ba · 600 sqft

8 Rouge Valley Drive
2 bd · 2 ba · 600 sqft
7805 Bayview Avenue
2 bd · 2 ba · 1,200 sqft
8 Water Walk Drive
2 bd · 2 ba · 1,000 sqft
111 Upper Duke Crescent
1 bd · 1 ba · 600 sqft
9506 Markham Road
2 bd · 2 ba · 700 sqft
50 Clegg Road
1 bd · 1 ba · 600 sqft

More in this building

4 for sale · 6 for rent at 7161 Yonge St — plus its sale and lease history.

See all of 7161 Yonge St

Living in Markham: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Finch StationLine 12.4 km
North York Centre StationLine 13.8 km
Langstaff GO StationRichmond Hill GO4.1 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Finch Station (Line 1)2.4 km
North York Centre Station (Line 1)3.8 km
Langstaff GO Station (Richmond Hill GO)4.1 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Finch Station
2.4 kmClosest· Line 1
Homes near Finch Station
North York Centre Station
3.8 km· Line 1
Homes near North York Centre Station
Langstaff GO Station
4.1 km· Richmond Hill GO
Homes near Langstaff GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 7161 Yonge St #727. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 7161 Yonge St #727

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,451; 20% down · 25 years · 5.5% assumed
Property tax: $274; 0.66% mill rate · ON
Total per month: $2,725; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,451

/mo

based on the purchase price of $499,000

Down payment20%

$99,800 cash

Amortization25 yr

$399,200 financed

Rate5.50%

$336,231 total interest

Principal54%$399,200

Interest46%$336,231

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 7161 Yonge St #727 with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 7161 Yonge St #727 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Questions About 7161 Yonge St #727

How much is 7161 Yonge St #727 listed for?

7161 Yonge St #727 is listed at $499,000 (MLS® N13743284). Summitly updates the price as soon as the MLS® record changes.

Is $499,000 a good price for 7161 Yonge St #727?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Markham. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 7161 Yonge St #727 changed?

No — 7161 Yonge St #727 is still listed at its original asking price of $499,000.

How many bedrooms and bathrooms does 7161 Yonge St #727 have?

7161 Yonge St #727 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Markham.

Is 7161 Yonge St #727 close to transit?

The nearest rapid-transit station is Finch Station (Line 1), about 2.4 km in a straight line. North York Centre Station is about 3.8 km, and Langstaff GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 7161 Yonge St #727?

About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 7161 Yonge St #727 compare with other homes in Markham?

Its asking price of $499,000 is about 55% below the median sold price in Markham over the last 90 days, $1,099,250, across 1,312 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 7161 Yonge St #727 been sold before?

Yes — Summitly has 1 earlier MLS® listing of 7161 Yonge St #727 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 7161 Yonge St #727?

7161 Yonge St #727 is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 7161 Yonge St #727 been on the market?

49 days — 7161 Yonge St #727 was listed on September 3, 2026.

What is the price per square foot of 7161 Yonge St #727?

About $714 to $832 per square foot: the asking price of $499,000 over the 600–699 sq ft the listing gives as its size range.

Does 7161 Yonge St #727 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know