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    16 Elgin Street

    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    3
    Number of Units:
    212
    Condo Completion:
    1976
    Condo Demand:
    Medium
    Unit Size Range:
    880 - 1,530 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Northgage Condos

    Receive listing updates for Thornhill - Markham

    Amenities

    Media Room
    BBQ
    Rec Room
    Games Room
    Security System
    Gym Room

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Excluded
    None

    About 16 Elgin StreetNorthgage Condos

    Anyone who’s seeking a Markham condo for sale should consider Northgage Condos at 16 Elgin Street. Winkuhl Construction Limited completed this building back in 1976, but unlike other buildings of that age, maintenance fees are below average at $0.62 per-square-foot. The 3-storey building is home to 212 suites with units ranging between 880 and 1530 square feet.

    This condo has a Walk Score of 72 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.62 per-square-foot, which is lower than the neighbourhood average of $0.74 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 16 Elgin Street is $602, based on the past 12 months of sales, and units tend to sell within 34 days of being listed. 3 units have been rented in the previous 12 months, and 7 units have been sold. Suites often sell for -2.02% below the listing price and have a low chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from The Octagon, Morean's Mediterranean Kitchen and Seafood udon, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Starbucks, Macarons & Mint and Coffee Box Café & Bar have you covered...

    There are a number of grocery stores within a short drive, including Food Basics, Galleria Supermarket and Rh Europa Deli.

    Planning for your future is easy with Hana Bank Canada -Thornhill Br. and Scotiabank in the area.

    There are plenty of parks nearby to keep your family busy, including John Honsberger Field and MacDonald House, which are less than 12 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with Small plaza, Worldshops mall and North Yonge Market Place just 2 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Felicity Art, Shamsi's Art Gallery and The Galleria Frame less than a 4-minute drive away will give you a lift.

    There are plenty of nearby school choices — I Am Smart S-Cool ABA Center and Private School, Mehe Elementary School and Lillian Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Thornhill - Markham is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending Bee Smart Learning Centre and Thornhill Secondary School. And you’ll have peace of mind they’re nearby!

    Transportation

    Taking public transit? The nearest light transit stop is Yonge St. @ Meadowview Ave.. Those who live in the area can easily drive to Finch Station, just 10 minutes from the building.

    Curious about similar condos in the area? Check out 180 Dudley Avenue, 7608 Yonge Street and 7398 Yonge Street — all within walking distance.

    3

    Listings For Sale

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    Listings For Rent

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    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    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
    0 - 14
    19%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    22%
    50 - 64
    21%
    65+
    14%
    Household Income
    $0 - $30,000
    41%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    10%
    $125,000+
    7%
    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%

    Maintenance Fees

    Northgage Condos vs The Thornhill - Markham Area

    Days on Strata

    Units at Northgage Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Markham

    Turnover of Units

    On average, each unit is owned for
    14.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 43 condos in the Thornhill - Markham area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Northgage Condos offers the
    ?
    best value out of 43 condos in the Thornhill - Markham neighbourhood

    Appreciation Rank

    Northgage Condos has the
    ?
    highest ROI out of 43 condos in the Thornhill - Markham neighbourhood

    Rental Yield

    Northgage Condos yields the
    ?
    highest rent prices out of 43 condos in the Thornhill - Markham neighbourhood

    High Demand

    Northgage Condos is the
    ?
    most popular building out of 43 condos in the Thornhill - Markham neighbourhood

    Transaction Insights at 16 Elgin Street

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$712,500 - $827,000$794,000
    Avg. Cost Per SqftNo DataNo Data$632$608
    Avg. Wait for Unit Availability2475 Days99 Days96 Days162 Days
    Ratio of Units in Building3%35%38%26%

    Unit Sales vs Inventory

    Total number of units listed and sold in Thornhill - Markham