7811 Yonge Street
Building Details
Listing History for The Summit Condos
Amenities
Maintenance Fees
About 7811 Yonge Street — The Summit Condos
Anyone who’s seeking a Markham condo for sale should consider The Summit Condos at 7811 Yonge Street. Vincent Court Apartment Limited completed this building back in 1975, but unlike other buildings of that age, maintenance fees are on the higher end at $0.89 per-square-foot. The 13-storey building is home to 148 suites with units ranging between 749 and 1400 square feet.
Maintenance fees at 7811 Yonge Street are $0.89 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).
The Suites
On average, units at 7811 Yonge Street sell -1.68% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $658 and units sell with 27 days on market on average. Over the past 12 months, 8 have sold and 1 has have been rented here.
The Neighbourhood
Those who call this condo home never have to travel far for dining out, as Las Brasas Food Truck Grill, Oishi Sushi and Royal Orchard Thai Cuisine are all within 15 minutes walking distance from 7811 Yonge Street. In the mornings, become a regular at Starbucks, a quick 4-minute walk from The Summit Condos.
There are a number of grocery stores within a short drive, including Food Basics and Parsian Fine Foods.
Planning for your future is easy with Scotiabank and Hana Bank Canada -Thornhill Br. in the area.
Getting some fresh air is a breeze when you live at 7811 Yonge Street because excellent green spaces like Thornhill Park and Cricklewood Park are walkable in under 5 minutes.
Like to shop? Everything you need is close by when you live at 7811 Yonge Street, including Small plaza, Worldshops mall and North Yonge Market Place which are only 4 away.
If you’re tired of the usual neighbourhood attractions, then perhaps having Shamsi's Art Gallery and Felicity Art less than a 5-minute drive away will give you a lift.
The Summit Condos is a short drive away from Mehe Elementary School and I Am Smart S-Cool ABA Center and Private School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Bee Smart Learning Centre and Thornhill Secondary School can be reached by car in under 2 minutes.
Transportation
Transit users will need to trek a bit to Yonge St. @ Meadowview Ave., the nearest light transit stop. Finch Station is about a 11-minute drive from the building.
Curious about similar condos in the area? Check out 1-100 Cricklewood Crescent, 50 Inverlochy Boulevard and 80 Inverlochy Boulevard — all within walking distance.
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Listings For Rent
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Similar condos
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Summit 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 7811 Yonge Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $592,500 | No Data | $635,000 | $732,000 - $917,500 | $740,000 |
Avg. Cost Per Sqft | $782 | No Data | $664 | $661 | $629 |
Price Range | No Data | No Data | $3,200 | No Data | No Data |
Avg. Wait for Unit Availability | 224 Days | 264 Days | 213 Days | 140 Days | No Data |
Avg. Wait for Unit Availability | 203 Days | 323 Days | 1074 Days | 344 Days | No Data |
Ratio of Units in Building | 19% | 18% | 24% | 39% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Thornhill - Markham