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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
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
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
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
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
16 Elgin Street 316, Markham, ON L3T 4T4
Markham · Thornhill
For Sale · Condo Apartment
⚡2 hours ago

16 Elgin Street 316, Markham, ON L3T 4T4

Markham · Thornhill
MLS® N14120118
$489,000
▶ Virtual Tour
New listing2-StoreyUnderground · 1 spotNorth West exposure
2
Beds
2
Baths
1
Parking
1000-1199
Sq ft
51-99 yrs
Built
Asking price$489,000
Renavu EstimateLow confidence
Comparable sales vary too widely to call a direction
Estimated value: $530,000
Likely range $435,000–$625,000
How this compares ↓
OverviewDetailsMarketLocationHistory

Overview

About this home

  • 2 bedrooms, 2 bathrooms, 1,039 sq ft across two levels in Markham's Thornhill community
  • Main floor has open-concept living and dining areas, kitchen with centre island and breakfast bar, laminate and ceramic tile flooring
  • Main-floor bedroom with large window and double closet; 2-piece powder room with pedestal sink
  • Primary bedroom upstairs with walk-in closet, 3-piece ensuite with jetted soaker tub, and access to rooftop terrace
  • 1 underground parking space; separate upper-level laundry room
  • Building amenities include exercise room, indoor pool, sauna, party/meeting room, recreation room, and outdoor playground
  • Maintenance fees cover heat, hydro, water, central air conditioning, cable TV, internet, and parking

Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.

Property details

Days on market
🔒Sign in to view
Days on site: 0 days
Property tax
$2,195.75 (2026)
Style
2-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
N14120118

Details

Full details

Parking
Parking typeUnderground
Total parking1
Parking featuresNone
Underground / covered1

Room dimensions

RoomLevelDimensionsFeatures
KitchenMain2.39 × 2.95 MetersTile Floor, Centre Island, Pot Lights
Dining RoomMain2.64 × 2.44 MetersOpen Concept, Breakfast Bar, Laminate
Living RoomMain3.17 × 5.51 MetersOpen Concept, W/O To Balcony, Laminate
BedroomMain3.02 × 2.69 Meters2 Pc Ensuite, Double Closet, Large Window
Powder RoomMain1.27 × 1.32 Meters2 Pc Bath, Tile Floor, Pedestal Sink
Primary BedroomUpper4.14 × 4.09 Meters3 Pc Ensuite, Walk-In Closet(s), W/O To Terrace
BathroomUpper2.18 × 2.39 Meters3 Pc Bath, Tile Floor, Pedestal Sink
LaundryUpper1.5 × 1.55 MetersLaminate, Stucco Ceiling, Separate Room

Market · Renavu Intelligence

How this home fits the market

See comparables →
Renavu Estimate ⓘ
$530,000Lower confidence
Estimated value: $435,000 – $625,000
$41,000 above the asking price
Asking price
$489,000
↓ −7.7%
vs. our estimate
Comparables show a wide range
Homes in this area vary significantly in size, condition and lot dimensions, which can affect value.
Benchmark $474,000
$450,000Typical low
$497,000Typical high
$450,000 – $497,000Typical low – high
List price$489,000
Renavu estimate$530,000
Benchmark$474,000
Typical range$450,000 – $497,000
Comparables show a wide range
Homes in this area vary significantly in size, condition and lot dimensions, which can affect value.

The Renavu Estimate and the figures in this section are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate. Renavu Estimate is our data-driven opinion of value and a market reference — not this home's exact value.

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
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$6,255
Legal · title · inspection$2,800
Closing costs$9,055
Down payment$97,800
Total cash to close$106,855
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.

Location

Listed by SUTTON GROUP-ADMIRAL REALTY INC. · MLS® N14120118

History

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
2026-10-27—$489,000For SaleN14120118
🔒

Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.

Sign in free to unlock the history
$489,000
MLS® N14120118
Comparable sales vary too widely to call a directionRenavu Estimate $530,000 · low confidence
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 SUTTON GROUP-ADMIRAL REALTY INC.. 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 October 27, 2026.

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$489,000
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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.

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) through PropTx and is deemed reliable but is not guaranteed accurate by PropTx. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. IDX information is for consumers' personal, non-commercial use.

Why this value?

See comparables ›
6
Comparable sales
96%
Of asking in Thornhill
65 days
Typical time on market
−7.5%
Area prices, last 3 months
View comparable homesThe 6 recent sales behind this estimate›
Neighbourhood market

The Thornhill market

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

Buyer's marketAll home types in Thornhill · 19 sales over 3 months
Buyer'sBalancedSeller's

Homes in Thornhill are taking around 51 days to sell, and going for about 96.2% of asking. There is usually room to negotiate.

Median sold · Thornhill
$620,000
▼ 54.7% year over year
Homes sold · October 2026
7
65 days on market avg
Sold vs asking · October 2026
95.8%
4.2% under asking · 7 sales — room to negotiate
Condo Apt median · Markham
$540,000
See the full Markham market report →

These figures are produced by Renavu — they are not official statistics from, provided by, or endorsed by TRREB or PropTx, and are deemed reliable but not guaranteed accurate. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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7171 Yonge Street 408Markham, ON L3T 0C5
Markham · Thornhill
2 bed2 bath1 parking800–899 sq ft
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Renavu EstimateHigh
In line with our estimate
Estimated value: $555,000
MLS® N14095024REMAX YC REALTY
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$450,000
180 Dudley Avenue 406Markham, ON L3T 4X2
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3 bed2 bath1 parking1000–1199 sq ft
◷3 months ago
Renavu EstimateMedium
3% below our estimate
Estimated value: $462,000
MLS® N13589854ECKO JAY REALTY LTD.
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$529,900
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3 bed2 bath1 parking1000–1199 sq ft
◷3 months ago
Renavu EstimateLow
11% above our estimate
Estimated value: $479,000
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$548,888
180 Dudley Avenue 707Markham, ON L3T 4X2
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Estimated value: $519,000
MLS® N13877352REMAX YOUR COMMUNITY REALTY
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180 Dudley Avenue 202Markham, ON L3T 2E9
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MLS® N13726946EXP REALTY
7161 Yonge Street 2732, Markham, ON L3T 0C8
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7161 Yonge Street 2732Markham, ON L3T 0C8
Markham · Thornhill
2 + 1 bed2 bath1 parking800–899 sq ft
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In line with our estimate
Estimated value: $596,000
MLS® N13503266MASTER`S CHOICE REALTY INC.
See everything for sale nearby

Within 1 km

4
Parks
2
Grocery stores
16
Restaurants & cafés

Getting around

  • Finch stationSubway · 3.5 km away
  • Old Cummer GO stationGO Transit · 4.6 km away
  • Highway 404 · exit 26Nearest on-ramp · 5 km away

Map

Directions → · Places © OpenStreetMap contributors. Straight-line distances.

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 →
🔒

5 sold homes nearby

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The comparables and the analysis shown here are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate.