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316 16 Elgin Street
Thornhill Markham L3T 4T4

$608,000
Residential Condo & Other beds: 2 baths: 2.0

Main Photo: 316 16 Elgin Street in Markham: Thornhill Condo Apartment for sale : MLS®# N12548482
Photo 1: 316 16 Elgin Street in Markham: Thornhill Condo Apartment for sale : MLS®# N12548482
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Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
N12548482
Bedrooms:
2
Bathrooms:
2
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. Property is being sold as is/where is.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
2-Storey
Total Approx Floor Area:
1000-1199
Exposure:
North West
Bedrooms:
2
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Heating type:
Radiant
Heating Fuel:
Gas
Storey:
3
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
1.0
Parking Spot #1:
120
Locker:
None
Family Room:
No
Possession Details:
Immediate/Flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$763.53
Maintenance fees include:
Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included
Taxes:
$2,127.82 / 2025
Assessment:
$- / -
York
Markham
Thornhill
Other
Yes-with Restrictions
All existing electrical light fixtures, fridge, stove, dishwasher, washer & dryer.
Brick
Indoor Pool, Recreation Room, Sauna, Visitor Parking, Exercise Room, Party Room/Meeting Room
Yes
Floor
Type
Size
Other
Main
Kitchen
10'11" × 8'9"
Tile Floor, Centre Island, Backsplash
Main
Dining Room
10'1" × 7'5"
Open Concept, Breakfast Bar
Main
Living Room
19'1" × 10'4"
Open Concept, W/O To Balcony
Main
Bedroom
9'10" × 8'8"
2 Pc Ensuite, Closet, Window
Upper
Bedroom 2
13'8" × 13'4"
4 Pc Ensuite, Walk-In Closet(s), W/O To Balcony
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
In-Suite Laundry, Laundry Room
Laundry Level:
Upper Level
Condo Corporation Number:
272
Property Management Company:
CPO Management Inc.
Date Listed:
Nov 15, 2025
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Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated November 17, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$611,500
Min list price:
$498,800
Max list price:
$729,000
Avg days on market:
47
Min days on market:
1
Max days on market:
516
These statistics are generated based on the current listing's property type and located in Thornhill. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Explore Condominiums for Sale in Markham

From boutique mid-rises to full-service high-rises, Markham’s condo market caters to diverse tastes and budgets. Most units include stylish finishes, open layouts, and easy access to essential amenities.

Modern floor plans with open-concept living spaces
On-site amenities like gyms, party rooms, and concierge services
Walkable locations near Main Street, Markville Mall, and Viva Transit
Secure parking, balconies, and low-maintenance lifestyles

Why Buy a Condo in Markham?

Markham offers one of the most balanced real estate markets in the GTA. It’s home to top-rated schools, major employers, and vibrant cultural attractions – making it a prime spot for long-term value.

What to Know Before Buying

When buying a condominium in Markham, consider monthly maintenance fees, building age, reserve fund status, and future development nearby. A knowledgeable local agent can help you navigate the options and invest wisely.

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Each link provides updated listings and expert insights.

FAQs – Condominiums for Sale in Markham

1. What is the average price of a condominium in Markham?
Condo prices in Markham generally range from $550,000 to $900,000 depending on size, location, and building features.

2. Are there new condo developments in Markham?
Yes, Markham has several new and pre-construction condos in areas like Unionville, Downtown Markham, and Cornell.

3. Is Markham a good place to invest in condos?
Absolutely. With its growing tech sector, strong rental market, and desirable schools, Markham offers excellent long-term investment potential.

4. What amenities do Markham condominiums typically include?
Most condos offer fitness centers, party rooms, concierge services, parking, and secure access.