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1406 - 80 Inverlochy Boulevard

Thornhill - Markham, Markham

For SaleRoyal Orchard II Condos

$559,800

2 Beds

2 Bath

1 Parking

1,079 SQFT

20 Days on Strata

Est Sell Timeframe

5 Days

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$519/sqft

Maintenance Fees:

$1,101/mth

Taxes:

$2,008 (2023)

Locker:

None

Outdoor Space:

Balcony

Exposure:

East

Possession Date:

May 17, 2024

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Hydro

Heat

Water

Parking

Building Maintenance

Building Insurance

Excluded

Air Conditioning

Unit Details

Air Conditioning: Wall Unit
Heat Source: Electric
Heating: Radiant
Ensuite Laundry: No

Room Dimensions

Living

Combined with Dining, Laminate, Walk-Out

26.71 x 19.06ft

Dining

Combined with Living, Laminate, Walk-Out

26.71 x 19.06ft

Pantry

Built-in Shelves

10.73 x 4.23ft

About this Listing

Welcome to this spacious 2-Bedroom penthouse suite at Royal Orchard II. A very practical layout reveals an open concept living room & dining room with walkout to party-size balcony. Well managed & maintained condo community with magnificent grounds. This east-facing suite provides panoramic views of the city from it's large balcony and principal rooms. Large eat-in kitchen with stainless steel appliances, ensuite laundry and pantry, as well as 1 parking spot. All-inclusive maintenance fees provide worry-free living. Plus residents have exclusive access to the free Orchard Club which includes an indoor pool, sauna, fitness centre, tennis court, basketball, billiards tables. Steps to neighbourhood amenities like transit, golf clubs, shopping, banks, and services.

Extras1 Exclusive use parking spot. Cable TV + Internet service included in monthly maintenance fees. Wall mounted air conditioning unit.

royal lepage signature realtyMLS® #N8276360

Amenities

Sauna

Gym Room

Concierge

Indoor Parking

Tennis Court

Party Room

Nearby Amenities

7/10

Walkability

You’re in stride with amenities—most of your needs are just a playlist away.

5/10

Transit

It's a dice roll — but hey, sometimes you roll a six!

4/10

Bikeability

A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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

Average Household Income

$139,819

Dominant Housing Type

Detached

Population By Age

Household Income

Housing Types & Tenancy

Detached

67%

Semi Detached

19%

Duplex

Low Rise Apartment

High Rise Apartment

Marital Status

Commute

Languages (Primary Language)

English

83%

Other

10%

Cantonese

Mandarin

Russian

Tamil

Education

High School

29%

University and Above

29%

College

20%

None

13%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

23%

Architecture & Engineering

19%

Health & Related Fields

13%

Social Sciences

12%

Personal, Protective & Transportation Services

Humanities

Education

Math & Computer Sciences

Physical Sciences

Visual & Performing Arts

Agriculture & Natural Resources

Price Trends

Building Trends At Royal Orchard II Condos

Days on Strata

Units at Royal Orchard II Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the list price.

Offer Competition

Condos in this building have a

LOW

chance of receiving

Multiple Offers

Turnover of Units

On average, each unit is owned for

17.4

YEARS before being sold again

Property Value

Increase in property value within the past twelve months

Price Ranking

36th

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

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Royal Orchard II Condos offers the

best value out of 43 condos in the Thornhill - Markham neighbourhood

Appreciation Rank

Royal Orchard II Condos has the

highest ROI out of 43 condos in the Thornhill - Markham neighbourhood

Rental Yield

Royal Orchard II Condos yields the

highest rent prices out of 43 condos in the Thornhill - Markham neighbourhood

High Demand

Royal Orchard II Condos is the

most popular building out of 43 condos in the Thornhill - Markham neighbourhood

Transaction Insights at 80 Inverlochy Boulevard

	2 Bed	2 Bed + Den	3 Bed
Price Range	$520,000	No Data	$530,000 - $580,000
Avg. Cost Per Sqft	$539	No Data	$538
Price Range	No Data	No Data	$3,200 - $3,300
Avg. Wait for Unit Availability	69 Days	No Data	63 Days
Avg. Wait for Unit Availability	279 Days	No Data	206 Days
Ratio of Units in Building	45%	1%	55%

Maintenance Fees

Royal Orchard II Condos vs The Thornhill - Markham Area

1406 - 80 Inverlochy Boulevard

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At Royal Orchard II Condos

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 80 Inverlochy Boulevard

Maintenance Fees

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