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Home · Buy · Markham · 16 Elgin Street 316, Markham, ON L3T 4T4
16 Elgin Street 316, Markham, ON L3T 4T4
16 Elgin Street 316, Markham, ON L3T 4T4
16 Elgin Street 316, Markham, ON L3T 4T4
16 Elgin Street 316, Markham, ON L3T 4T4
16 Elgin Street 316, Markham, ON L3T 4T4+ 24 photos
For Sale · Condo Apartment

16 Elgin Street 316, Markham, ON L3T 4T4

Markham · Thornhill
◷61 days on market
2-StoreyUnderground · 1 spot garageNorth West exposure
▶ Virtual Tour
2
Beds
2
Baths
1
Parking
1000-1199
Sq ft
—
Built
The honest picture
List price
$549,000
★ Renavu Estimate
$527,000
★★★★★★★★★★Lower confidence
Comparable sales vary too widely to call a direction
Asking $549,000 · recent comparable sales here vary too widely to quote a range · homes here sell at about 96% of ask (25 recent sales). Our estimate weighs both.
Benchmark $480,000
Typical low · $456,000Typical high · $504,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for condo apt homes in Thornhill (TRREB HPI, August 2026), a market reference — not this home's exact value.

About this home

Location! Location! Location! Upgraded Two-Level Condo Apartment Offering Over 1000 Sqft & Two Private Balconies. Perfectly situated just steps from Yonge Street, this upgraded home combines functionality, comfort, and convenience with new flooring and fresh paint throughout. Step into the spacious main level featuring a bright kitchen with ample cabinetry, plenty of counter space, a centre island with breakfast bar, and existing appliances such as fridge, stove, and dishwasher. The open-concept living and dining area is ideal for entertaining, with a seamless walk-out to the main-level balcony. A versatile additional room on this floor offers flexibility as a home office, guest room, or bedroom. Upstairs, the primary suite boasts a large walk-in closet with custom organizers, a 4-piece ensuite with soaking tub and shower, and direct access to a private upper-level balcony. A dedicated laundry room with a full-sized washer and dryer completes the upper level. This unit includes underground parking conveniently located near the elevator. Maintenance fees cover most utilities including hydro, water, heat, cable TV, and internet, delivering excellent value. Residents have access to a range of building amenities including an indoor pool, sauna, recreation room, and visitor parking. Nestled in a prime Thornhill neighborhood, enjoy close proximity to Centrepoint Mall, top-rated schools, parks, public transit, and major highways, making commuting and daily living a breeze. Don't miss this fantastic opportunity to own a spacious condo in a highly sought-after area. **Some photos have been virtually staged.

Property details

Listed on
July 16, 2026
Days on market
61 days
Property tax
$2,127.82 (2025)
Style
2-Storey
Heating
Radiant
Cooling
Central Air
MLS®
N13571384

Full details

Parking
Parking typeUnderground
Total parking1
Underground / covered1

Room dimensions

RoomLevelDimensionsFeatures
KitchenMain3.33 × 2.67Tile Floor, Centre Island, Backsplash
Dining RoomMain3.07 × 2.26Open Concept, Breakfast Bar
Living RoomMain5.82 × 3.15Open Concept, W/O To Balcony
BedroomMain3 × 2.642 Pc Ensuite, Closet, Window
Bedroom 2Upper4.17 × 4.064 Pc Ensuite, Walk-In Closet(s), W/O To Balcony

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 16, 2026—$549,000For SaleN13571384
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 5.4% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$7,455
Legal · title · inspection$2,800
Closing costs$10,255
Down payment$109,800
Total cash to close$120,055
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$549,000
MLS® N13571384 · Listed by RE/MAX HALLMARK REALTY LTD.
▶ Virtual Tour
Homes in Thornhill are selling at 96% of asking.

That's from 25 recent sales nearby. Want to know what it means for yours?

Get my Thornhill valuation
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006

Price and status changes on this home only. No newsletter, and no call unless you ask for one. Unsubscribe from any email. The Renavu Team, Royal LePage Ignite Realty, Brokerage.

One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX HALLMARK REALTY LTD.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated July 16, 2026.

$549,000

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Neighbourhood market

The Thornhill market

How homes are selling here right now — sold data for July 2026.

Buyer's marketAll home types in Thornhill · 23 sales over 3 months
Buyer'sBalancedSeller's

Homes in Thornhill are taking around 39 days to sell, and going for about 94.8% of asking. There is usually room to negotiate.

Median sold · Thornhill
$650,000
▼ 5.8% year over year
Homes sold · this month
5
31 days on market avg
Sold vs asking
96.5%
under asking — room to negotiate
Condo Apt median · Markham
$570,000
See the full Markham market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

Similar homes for sale

Comparable homes on the market near Markham · Thornhill — same kind of property, similar size and price.

7811 Yonge Street 508, Markham, ON L3T 4S3For sale: $529,000
2 bed2 bath1 parking
900–999 sq ft0.6 km
Condo Apartment
7811 Yonge Street 508, Markham, ON L3T 4S3
7811 Yonge Street 308, Markham, ON L3T 4S3For sale: $599,900
2 bed2 bath1 parking
900–999 sq ft0.7 km
Condo Apartment
7811 Yonge Street 308, Markham, ON L3T 4S3
7161 Yonge Street 2732, Markham, ON L3T 0C8For sale: $598,000
2 + 1 bed2 bath1 parking
800–899 sq ft1.1 km
Condo Apartment
7161 Yonge Street 2732, Markham, ON L3T 0C8
7171 Yonge Street #901, Markham, ON L3T 0C5For sale: $618,000
2 bed2 bath1 parking
800–899 sq ft1 km
Condo Apartment
7171 Yonge Street #901, Markham, ON L3T 0C5
180 Dudley Avenue 607, Markham, ON L3T 4X2For sale: $529,900
3 bed (+1)2 bath1 parking
1000–1199 sq ft0.2 km
Condo Apartment
180 Dudley Avenue 607, Markham, ON L3T 4X2
16B Elgin Street 347, Markham, ON L3T 4T4For sale: $599,999
3 bed (+1)2 bath1 parking
1000–1199 sq ft0 km
Condo Apartment
16B Elgin Street 347, Markham, ON L3T 4T4
See everything for sale nearby

Comparables

Homes near 16 Elgin Street 316, Markham, ON L3T 4T4
Sold🔒 Sold:
bed bath parking
sq ft km
Condo Apartment
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Condo Apartment
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Condo Apartment
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Condo Apartment
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Condo Apartment
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Condo Apartment
Address shown after sign-in
See what it sold for →
🔒

8 sold homes nearby

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