1007 - 7811 Yonge Street

Introducing an exceptional opportunity to acquire an apartment for sale in Markham , located at 7811 Yonge Street, Markham. This prestigious building, known as 'The Summit' Condominiums, is situated in the highly sought-after area of Olde Thornhill Village, which is part of the vibrant community of Thornhill. This bright and inviting 10th-floor suite boasts a spacious one-bedroom layout, perfect for individuals or couples seeking a comfortable living space in a prime location.

As you enter the apartment, you are greeted by stunning southwest views of the city skyline, which can be enjoyed from the covered balcony—ideal for private outdoor relaxation. The primary bedroom is thoughtfully designed with comfort in mind, providing a tranquil retreat after a long day. This apartment for sale in Markham features a total of five rooms, including a well-appointed kitchen that is flat in style, allowing for easy meal preparation and entertaining.

The apartment also includes a large ensuite laundry, ensuring convenience for your everyday needs. Although this unit does not feature a den or additional rooms, it maximises the use of space effectively, making it feel both spacious and inviting. The building itself is well-managed and secure, offering residents peace of mind. On-site management ensures that the needs of the residents are met promptly and efficiently.

Residents of this apartment for sale in Markham will appreciate the array of top-tier amenities available within the building. While there is no swimming pool, the building does feature a gym, sauna, games room, and bike storage, catering to a variety of lifestyles and interests. The maintenance fees are reasonable and cover utilities, cable, and internet, making budgeting straightforward and hassle-free.

Parking is another advantage of this property. The apartment includes one underground garage space, along with additional visitor parking for guests. Although there is no central vacuum system, and the apartment is unfurnished, this provides a blank canvas for new owners to personalise their living space according to their tastes and preferences.

The heating system is powered by forced air, ensuring that the apartment remains warm and comfortable throughout the colder months. It is important to note that there is no pool, fireplace, or basement in this unit, but the absence of these features does not detract from the overall appeal of this apartment for sale in Markham.

Located at 7811 Yonge Street, Markham, this property is ideally positioned in the heart of Thornhill, offering easy access to major highways such as the 401 and 407. Residents will find themselves within close proximity to an abundance of walking trails, shops, cafes, restaurants, golf courses, parks, schools, and public transit options, including the potential for future subway access.

In summary, this apartment for sale in Markham presents a unique opportunity for those looking to invest in a vibrant community with a wealth of amenities and conveniences at their doorstep. The combination of a well-designed living space, excellent building management, and a prime location makes this property a must-see. Don’t miss your chance to make this stunning suite at 7811 Yonge Street, Markham, your new home. Act quickly, as opportunities like this are rare in such a desirable area.

Thornhill, nestled within the city of Markham, is a charming suburban enclave that offers a delightful blend of natural beauty and urban convenience. Characterised by its picturesque streets lined with mature trees and well-maintained parks, Thornhill provides a serene environment for families and individuals alike. The area boasts a diverse array of amenities, including shopping centres, restaurants, and recreational facilities, ensuring that residents have everything they need within easy reach. With excellent transport links and a strong sense of community spirit, Thornhill is an inviting place to call home, appealing to those seeking a peaceful yet vibrant lifestyle just a stone's throw from the bustling city of Toronto.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Thornhill Public School, an esteemed elementary school rated 8.6, just 0.7 km away, offering grades from JK to 8. For secondary education, Thornhill Secondary School, located 1.0 km from the property, has a solid rating of 7.8 and serves grades 9 to 12. Additionally, Thornlea Secondary School, 2.3 km away, boasts an impressive rating of 9. Families seeking Catholic education will appreciate St. Anthony CES, an elementary school just 1.4 km away, although it currently lacks a rating. For French language immersion, Lester B Pearson Elementary School is available 4.1 km away, although it has no rating. Brebeuf College, a Catholic secondary school 2.5 km from the property, has a rating of 6.3. Overall, the proximity to a variety of public and Catholic schools, along with diverse language programs, enhances the appeal of this property for potential buyers prioritizing education for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 445 residents as of 2021. The average household size is notably low at 1.7, indicating a significant proportion of single individuals, which constitutes 47.06% of the population. The average age of residents is 60.4 years, suggesting a mature demographic. With an impressive average household income of $324,000, the area exhibits a relatively low percentage of low-income households at 14.8%. The average property price stands at $1,150,000, reflecting the area's desirability. Families are present, with 24% of households having children, while a substantial 45.56% of residents are immigrants, contributing to the community's diversity. Renters make up 30.19% of the population, and condominiums are prevalent, comprising 56.6% of housing options. Education levels are high, with 76.19% of residents holding a college or university degree. However, it is notable that 54.76% of the population is not in the labor force, which may influence the local economy and community dynamics. Overall, this area is characterized by its affluence, diversity, and a mature, educated population.