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
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$295
/mo
based on the purchase price of $60,000
$12,000 cash
$48,000 financed
$40,429 total interest
Principal54%$48,000
Interest46%$40,429
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.
For homeowners nearby
Own a home on Yonge Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 7171 Yonge St #3 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 7171 Yonge St #3 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.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.4%On average, homes sold below asking.
Active listings1,578Homes for sale here right now.
Median vs prior 90 days+3.4%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 1,321 sales from Jul 23 – Oct 21, 2026 (809 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 2 for rent at 7171 Yonge St — plus its sale and lease history.
7171 Yonge St #3 is listed at $60,000 (MLS® N12940338). Summitly updates the price as soon as the MLS® record changes.
Has the price of 7171 Yonge St #3 changed?
No — 7171 Yonge St #3 is still listed at its original asking price of $60,000.
How many bedrooms and bathrooms does 7171 Yonge St #3 have?
The listing for 7171 Yonge St #3 doesn't publish its bedroom and bathroom count. It is a parking space in Markham.
Is 7171 Yonge St #3 close to transit?
The nearest rapid-transit station is Markham GO Station (Stouffville GO), about 2.5 km in a straight line. Mount Joy GO Station is about 3.6 km, and Centennial GO Station is about 4.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 7171 Yonge St #3?
About $295 a month — principal and interest on $60,000 with 20% down ($12,000), 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 7171 Yonge St #3 compare with other homes in Markham?
Its asking price of $60,000 is about 95% below the median sold price in Markham over the last 90 days, $1,098,000, across 1,321 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 7171 Yonge St #3 been sold before?
Summitly has no earlier MLS® sale or lease of 7171 Yonge St #3 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7171 Yonge St #3?
7171 Yonge St #3 is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7171 Yonge St #3 been on the market?
204 days — 7171 Yonge St #3 was listed on March 31, 2026.
Does 7171 Yonge St #3 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
What is the land transfer tax on 7171 Yonge St #3?
About $325 in Ontario land transfer tax at the asking price of $60,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 7171 Yonge St #3 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.