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    9618 Yonge Street & 9612 Yonge Street

    2for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    164
    Condo Completion:
    2017
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,734 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Grand Palace Condos

    Receive listing updates for Markham Centre

    Amenities

    BBQ
    Gym Room
    Concierge
    Indoor Pool
    Guest Suites
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 9618 Yonge StreetGrand Palace Condos

    Located at 9618 Yonge Street, 9612 Yonge Street, Grand Palace Condos is a 15-storey condo containing 164 units. These Markham condos were developed by G Group Development Corp. and completed in 2017. Units start at 400 square feet and can be as large as 1734 square feet. What makes a Markham Centre condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a Walk Score of 83 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.71 per-square-foot, which is higher than the neighbourhood average of $0.64 per-square-foot.

    The Suites

    On average, units at 9618 Yonge Street, 9612 Yonge Street sell -2.47% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $960 (based on past 12 months of sales). Units typically sell with 24 days on market on average. Over the past 12 months, 8 have sold and 17 have been rented here.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as PROJECT:FISH SUSHI + KITCHEN, Nando's PERi-PERi and Wild Wing. Get to know Markham Centre by exploring local cafes like Teaopia, Bake Code and McDonald's.

    Grocery shopping is never a chore with stores such as Bismillah Grocers in the area.

    Grand Palace Condos is a great choice for residents who are money conscious — with banks like National Bank and CIBC Branch with ATM nearby.

    Getting some fresh air is a breeze when you live at 9618 Yonge Street, 9612 Yonge Street because excellent green spaces like Baif Park, Bridgeview Cordone Park and Bridgeview Park are walkable in under 15 minutes.

    Like to shop? Everything you need is close by when you live at 9618 Yonge Street, 9612 Yonge Street, including Richmond Centre, Observatory Place Plaza and Hillcrest Mall which are only 17 away.

    When the weekend rolls around, Baadeh art shop, Ray's Picture Frames and Art Centre Inc. and SatisfiedNerve are within a short 3-minute drive away.

    There are plenty of nearby school choices — Discovery Academy Private School and St. Anne Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Richmond Hill Academy, Farvadin Tutoring | Math, Literacy, Special Education and Alexander Mackenzie High School.

    Transportation

    Transit users will need to trek a bit to Yonge St / Weldrick Rd, the nearest light transit stop. Finch Station isn’t within a close walking distance, but you can drive there in about 26 minutes.

    If you’re interested in checking out other similar condos within walking distance, you might like 9600 Yonge Street, 22 Clarissa Drive and 5 Weldrick Road W.

    2

    Listings For Sale

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    2

    Listings For Rent

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    Explore Neighbourhood

    8/10
    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!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,055
    Average Individual Income
    $81,662
    Average Household Size
    3 persons
    Average Age
    34
    Average Household Income
    $139,968
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    20%
    50 - 64
    24%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    10%
    Low Rise Apartment
    4%
    Duplex
    4%
    High Rise Apartment
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    84%
    Other
    6%
    Mandarin
    5%
    Cantonese
    4%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    28%
    College
    20%
    None
    14%
    Apprenticeship
    6%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    22%
    Architecture & Engineering
    21%
    Social Sciences
    13%
    Health & Related Fields
    11%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    2%

    Maintenance Fees

    Grand Palace Condos vs The Markham Centre Area

    Days on Strata

    Units at Grand Palace Condos spend an average of
    24
    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 Markham Centre

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 23 condos in the Markham Centre area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Grand Palace Condos offers the
    ?
    best value out of 23 condos in the Markham Centre neighbourhood

    Appreciation Rank

    Grand Palace Condos has the
    ?
    highest ROI out of 23 condos in the Markham Centre neighbourhood

    Rental Yield

    Grand Palace Condos yields the
    ?
    highest rent prices out of 23 condos in the Markham Centre neighbourhood

    High Demand

    Grand Palace Condos is the
    ?
    most popular building out of 23 condos in the Markham Centre neighbourhood

    Transaction Insights at 9618 Yonge Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$590,000 - $651,500$925,000$860,000
    Avg. Cost Per SqftNo Data$988$804$667
    Avg. Wait for Unit Availability95 Days45 Days244 Days150 Days
    Ratio of Units in Building26%46%12%17%

    Unit Sales vs Inventory

    Total number of units listed and sold in Markham Centre