Skip to main
    Markham / Thornhill - Markham

    1612 - 7171 Yonge St

    For SaleWorld on Yonge Condos
    $608,000
    1 Bed + 1
    1 Bath
    1 Parking
    621 SQFT
    11 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $483/mth
    Taxes:
    $2,225 (2024)
    Cost Per Sqft:
    $979/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    October 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Living
    Combined with Dining, Laminate, Balcony
    18.05 x 11.48ft
    Dining
    Combined with Living, Laminate, Open Concept
    18.05 x 11.48ft
    Kitchen
    Stainless Steel Appliances, Granite Counter, Laminate
    11.48 x 7.55ft

    About this Listing

    A luxurious One + Den Condo Unit With an amazing south west exposure that gives the perfect amount of natural sunlight to brighten up the open living space and kitchen. Situated at the ultra convenient World On Yonge Condo's, it comes with a plethora of amenities, retail shopping and grocery stores making this an ideal location for anyone who lives a busy life. Having the opportunity to be in close proximity to public transit, medical building and financial institutions, it will definitely help with your day to day needs and convenience. A very well kept & clean space, with 9Ft ceilings, laminate flooring throughout, granite countertops & Stainless Steel Appliance makes this a standout unit for all to enjoy. Everything is right outside your doorstep, which is perfect for Homeowners and Landlords to help find that perfect tenant; must come and see!

    Extras1 parking

    culturelink realty inc.MLS® #N9306618

    Amenities

    Rooftop Deck
    BBQ
    Games Room
    Gym Room
    Concierge
    Indoor Pool

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    World on Yonge Condos vs The Thornhill - Markham Area

    Building Trends At World on Yonge Condos

    Days on Strata

    Units at World on Yonge Condos spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 43 condos in the Thornhill - Markham area

    Sold Units

    27
    Units were Sold over the past twelve months

    Rented Units

    87
    Units were Rented over the past twelve months

    Best Value Rank

    World on Yonge Condos offers the
    ?
    best value out of 43 condos in the Thornhill - Markham neighbourhood

    Appreciation Rank

    World on Yonge Condos has the
    ?
    highest ROI out of 43 condos in the Thornhill - Markham neighbourhood

    Rental Yield

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

    High Demand

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

    Transaction Insights at 7161 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$458,000 - $575,000$550,000 - $630,000$650,000 - $910,000$715,000$915,000
    Avg. Cost Per SqftNo Data$1,004$955$845$751$825
    Avg. Wait for Unit Availability1916 Days20 Days18 Days24 Days69 Days224 Days
    Ratio of Units in Building1%32%34%24%8%4%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Markham