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    Markham / Thornhill - Markham

    311 - 16A Elgin St

    For SaleNorthgage Condos
    $715,000
    3 Beds
    2 Bath
    1 Parking
    1,167 SQFT
    12 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $752/mth
    Taxes:
    $2,089 (2024)
    Cost Per Sqft:
    $613/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    February 25, 2025
    Laundry:
    Upper
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Fan Coil

    Room Dimensions

    Kitchen
    Laminate, Granite Counter, Ceramic Back Splash
    11.48 x 8.2ft
    Dining
    Hardwood Floor, Combined with Living
    9.51 x 8.01ft
    Living
    Hardwood Floor, Pot Lights, Walkout To Balcony
    18.8 x 11.09ft

    About this Listing

    Don't miss the opportunity to make this gem your home! Meticulously maintained sundrenched and spacious 3 br 2 story penthouse with large balcony and private terrace. The main floor offers a functional kitchen with a granite countertop, Hardwood floors, 3rd bedroom/den with a large closet, dining/living room with a walk-out to a large balcony. Upgraded modern stair railings to the second floor where you find two oversized bedrooms with floor-to-ceiling windows and double closets, a laundry room, ensuite locker/storage room. The prime bedroom has a walk-out to the private terrace ideal for sunbathing or sipping a glass of wine and enjoying the Toronto skyline. Steps to shopping, dining, parks, the best schools, transit, and future Yonge North Subway extension.

    ExtrasBuilding amenities include pool, party room, sauna, billiard room, gym, ping-pong room, private children's playground. Maintenance fee includes ALL utilities with Rogers Ignite TV and Internet.

    international realty firm, inc.MLS® #N11930939

    Amenities

    BBQs Allowed
    Gym Room
    Party Room
    Security System
    Sauna
    Concierge

    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.

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    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

    Northgage Condos vs The Thornhill - Markham Area

    Building Trends At Northgage Condos

    Days on Strata

    Units at Northgage Condos spend an average of
    29
    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

    6%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 10 condos in the Thornhill - Markham area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Northgage Condos offers the
    ?
    best value out of 10 condos in the Thornhill - Markham neighbourhood

    Appreciation Rank

    Northgage Condos has the
    ?
    highest ROI out of 10 condos in the Thornhill - Markham neighbourhood

    Rental Yield

    Northgage Condos yields the
    ?
    highest rent prices out of 10 condos in the Thornhill - Markham neighbourhood

    High Demand

    Northgage Condos is the
    ?
    most popular building out of 10 condos in the Thornhill - Markham neighbourhood

    Transaction Insights at 16 Elgin Street

    1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$690,000$712,500 - $827,000$794,000
    Avg. Cost Per SqftNo DataNo Data$576$637$633
    Avg. Wait for Unit AvailabilityNo DataNo Data110 Days96 Days165 Days
    Ratio of Units in Building1%2%34%38%26%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Markham