316 - 16 Elgin Street, Markham, ON L3T 4T4
Thornhill, Markham · Near Yonge St. & Elgin St. · View map
About this home
Discover spacious two-level living at 16 Elgin Street, Suite 316, a rarely offered 2-storey condo featuring 1,039 sqft., 2 bedrooms, 2 bathrooms & 1 exclusive underground parking space in Markham's established Thornhill community. Laminate & ceramic tile flooring welcome you into the main level, where the kitchen features a centre island with breakfast bar seating, mirrored backsplash & pot lights. Open-concept living & dining areas provide an inviting setting for everyday living & entertaining, with a walkout to a spacious balcony. A main-floor bedroom offers a large window & double closet, complemented by a 2-piece powder room with a pedestal sink. Upstairs, broadloom adds comfort, while a secondary entrance provides added convenience. The primary bedroom features a generous walk-in closet with organizers, a 3-piece ensuite with a jetted soaker tub & pedestal sink, plus its own walkout to a spacious rooftop terrace. Two levels of private outdoor space create welcoming settings to relax & enjoy the fresh air. A separate upper-level laundry room adds everyday practicality. Residents enjoy an exercise room, indoor pool, sauna, party/meeting room, recreation room, outdoor playground & ample visitor parking. Comprehensive maintenance fees include heat, hydro, water, central air conditioning, cable TV, internet & parking for exceptional convenience. Enjoy nearby Woodland Park & Pomona Mills Park, with The Thornhill Golf Club, Thornhill Outdoor Swimming Pool, Garnet A. Williams Community Centre & Thornhill Community Centre offering further recreation options. Nearby schools include Thornhill Public School, Thornhill Secondary School, E.J. Sand Public School & Baythorn Public School. Ideally situated just off Yonge Street, close to restaurants, shopping, YRT/Viva service & connections to GO Transit, with the planned Yonge North Subway Extension adding future transit appeal. Convenient access to Highways 7 & 407 makes travelling across the GTA easy.
The home
- Type
- Condo apartment
- Style
- 2-Storey
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Basement
- None
- Faces
- North West
- Level
- 3
- Balcony
- Terrace
- View
- City, Clear, Trees/Woods
- Laundry
- In-Suite Laundry, Laundry Room
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $763.53/mo
- Fee includes
- Heat, Hydro, Water, Cable TV, CAC, Common Elements, Building Insurance, Parking
- Complex
- YRCP 272
- Property management
- CPO Management Inc.
- Pets
- Allowed, with restrictions
- Security
- Concierge/Security, Carbon Monoxide Detectors, Monitored, Smoke Detector
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $2,196/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flex Closing
- Cross street
- Yonge St. & Elgin St.
- Neighbourhood
- Thornhill
More
- Price per sq ft
- ~$445 (at 1,100 sq ft)
- MLS® number
- N14120118
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The home and its surroundings
- Auto Garage Door Remote
- Sauna
- Storage
- Water Heater
- Primary Bedroom - Main Floor
- In-Law Capability
- Golf
- Library
- Park
- Public Transit
- School
- Rec./Commun.Centre
- Controlled Entry
- Landscaped
- Lighting
- Privacy
- Recreational Area
- Year Round Living
Included in the maintenance fee
- Heat
- Hydro
- Water
- Cable TV
- CAC
- Common Elements
- Building Insurance
- Parking
Shared in the complex
- Exercise Room
- Indoor Pool
- Party Room/Meeting Room
- Recreation Room
- Sauna
- Playground
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
16 Elgin Street, Markham, ON L3T 4T4
Thornhill, Markham · Near Yonge St. & Elgin St.
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Listing history for 16 Elgin Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 316 - 16 Elgin Street
Answers come straight from this home’s MLS® listing.
How much is 316 - 16 Elgin Street listed for, and what would it cost each month?
316 - 16 Elgin Street is listed for $489,000. With 20% down ($97,800), the mortgage payment would be roughly $1,972 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,919 a month, all in. That figure is an illustration, not a quote.
Is 316 - 16 Elgin Street freehold or a condo, and is there a monthly fee?
316 - 16 Elgin Street is a condo apartment in Thornhill, Markham. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $763.53 a month. The listing says it covers heat, hydro, water, cable tv, cac, common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 316 - 16 Elgin Street have?
316 - 16 Elgin Street has 2 bedrooms and 2 bathrooms. The listing gives the style as 2-storey.
Does 316 - 16 Elgin Street have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 316 - 16 Elgin Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 316 - 16 Elgin Street?
316 - 16 Elgin Street is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 316 - 16 Elgin Street?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 316 - 16 Elgin Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 316 - 16 Elgin Street?
Property taxes are $2,196 a year (2026), or about $183 a month.
Are pets allowed at 316 - 16 Elgin Street?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 316 - 16 Elgin Street?
316 - 16 Elgin Street is in the Thornhill community of Markham. The nearest main intersection is Yonge St. & Elgin St.. The postal code is L3T 4T4.
Is 316 - 16 Elgin Street still for sale?
Yes. It is an active listing (MLS® N14120118). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 316 - 16 Elgin Street asking?
Similar condos for sale nearby right now include 347 - 16B Elgin Street at $599,999 (3 bed), 408 - 7171 Yonge Street at $555,000 (2 bed) and 2732 - 7161 Yonge Street at $598,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 16 Elgin Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 316 - 16 Elgin Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.