Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

3601 Highway 7 Highway E 707, Markham, ON L3R 0M3

Office
$459,000

Trendy designed Unit with 4 Private office + Reception, Rest area and Bright South facing large windows, Kitchenette with sink and cupboards.This Prestigeous Building with a well-mixed professionals: Lawyers, Medical, Herbalist, Accountants, Insurance, Learning Centre, Consultants and retails/restaurants on the ground level. Ample parking on surface and basement. Security service provided by the condo management.

MLS number
N12882798
Type
Office
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L3R 0M3
Photos
17
Property tax
$3,620 / year
185days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Merit College OnlineSecondary69 mNot reported
UVA SchoolSecondary72 mNot reported
Canada Warden SchoolSecondary158 mNot reported
AIS Elementary School (Aurora InternatioElementary282 mNot reported
Unionville College, Montessori and ElemeElementary282 mNot reported
Canada Nord AcademySecondary463 mNot reported

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 3,245 people.

$58,800Median household income
58.1%Own their home
0.3%Detached houses
37.6Median age
65.9%Born outside Canada
45.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35190747 — the few blocks around this address, home to 3,245 people. It describes the area, not this property.

3,245Population
41Average age
1.9Household size
$74,600Average household income
$58,800Median household income
58%Own their home
42%Rent
99%Condominiums
66%Born outside Canada
45%University degree
$597,000Average home value
29%Low income
62%Not in the labour force
32%Never married
Under $5,0004%
$5,000 to $9,9992%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9995%
$25,000 to $29,9993%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9997%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over20%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9994%
$200,000 and over3%

Percentages are of the 2,140 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$91,800 · minimum here is $22,950
$2,032.35per month
Borrowed before insurance$367,200
Total borrowed$367,200
Interest over 25 years at 4.5%$242,506

If you rented it out

-$2,334.02per month out of pocket
Rent$0.00
Everything it costs to hold$2,334.02
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMELIFE LANDMARK REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.