Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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World on Yonge is a pair of 31-storey condo towers at 7161 and 7171 Yonge Street, on the Markham side of Thornhill, built by Liberty Development and registered in 2014. It has about 700 suites, an indoor pool and Viva Blue at the door. Markham condo apartments had a median sale price of $558,000 in January to October 2026.
This guide is for anyone thinking of buying or renting at World on Yonge, the Liberty Development towers just north of Steeles on the Markham side of Thornhill. You will get the building facts I could verify, what the fees look like, what Markham condos sell and rent for, how the commute works, and what to check before you sign in 2027.
Where is World on Yonge and what is nearby?
World on Yonge sits at 7161 and 7171 Yonge Street, on the east side of Yonge a few blocks north of Steeles Avenue. The east side of Yonge here is in the City of Markham, and the west side is in Vaughan, so you will see the building called Thornhill, Markham and Grandview depending on the website. Listing sites file it under the Grandview neighbourhood of Markham.
The land used to be a strip mall at Yonge Street and Meadowview Avenue. When Liberty Development broke ground in November 2010, it planned a mixed-use block: condo towers, shops at street level, and a separate building with offices and a hotel. That makes it a bigger complex than a single tower on a side street.
Day to day, you are on Yonge Street, so you have buses, plazas, restaurants and services up and down the strip. Toronto’s city limit is at Steeles, so North York is a short ride south.
Who built World on Yonge and when was it finished?
Liberty Development Corporation built World on Yonge, and Kirkor Architects designed it. UrbanToronto reported in 2010 that the project was rated LEED Silver. The condominium corporation, York Region Condominium Corporation No. 1271, was registered on 3 November 2014, according to a building-data website.
The two condo towers rise 31 storeys. Listing sites do not agree on the exact suite count: a building-data website shows 710 suites and a building-data website shows 742. Either way, this is a large building with more than 700 homes, which matters for elevator traffic, amenity booking and how many similar units compete with yours when you sell.
The 2010 plan also described a second phase facing Meadowview and Doncaster that depended on the subway reaching Steeles. I could not confirm a current timeline for that phase, so do not buy on the assumption that it will or will not be built.
What suite sizes does World on Yonge have?
Suites run from about 325 square feet to roughly 1,400 to 1,550 square feet, depending on the listing site. That covers studios, one-bedrooms, one-plus-dens, two-bedrooms and a small number of three-bedrooms. Builder floor plans are no longer online, so use the MLS listing and the condo’s registered plan to confirm the exact size of any unit you are looking at.
- Under 600 sq ft: studios and one-bedrooms, the most common rental units.
- 600 to 900 sq ft: one-plus-dens and two-bedrooms, the main choice for couples and small families.
- Over 900 sq ft: larger two-bedrooms and a few three-bedrooms, which come up for sale less often.
What amenities does World on Yonge have?
Both major listing sites show an indoor pool, a sauna, guest suites, a party room and a fitness room. A building-data website also lists a media room and a yoga studio, and a building-data website lists a games room and a concierge. Amenity lists change after registration, so ask the property manager what is open, what needs booking and what is under repair.
A pool is a real plus for families and for anyone who swims year-round, but it also adds to the building’s running and repair costs. That is one reason to read the reserve fund study closely.
How much are maintenance fees at World on Yonge?
Recent sale listings on a building-data website show monthly fees from about $562 to $787, depending on suite size. A building-data website estimates the building’s average at about $0.81 per square foot per month, against about $0.65 for the surrounding area. Those are listing-site figures, not numbers from the condo corporation, and they will change with the next budget.
The two sites also disagree on what the fee covers. A building-data website lists common elements, building insurance and water; a building-data website says heat, air conditioning and water are included and hydro is not. This changes your monthly cost, so get the answer from the status certificate and the current budget, not a listing. My guide to what a status certificate is and why it matters walks through the document.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
What do condos at World on Yonge sell and rent for?
I only publish city-level numbers, because building-level averages from a handful of sales can mislead you. These are the figures for all condo apartments in the City of Markham, which includes the Markham side of Thornhill.
| Markham condo apartments | 2024 | 2025 | 2026 |
|---|---|---|---|
| Sales, Jan to Oct | 629 | 583 | 582 |
| Median sold price | $700,000 | $643,000 | $558,000 |
| Average days on market | 30 | 35 | 39 |
| Active listings | 291 | 342 | 326 |
Source: TRREB MLS data via REALM, January to October of each year, City of Markham (all communities). Median prices, not a building average.
The Markham condo apartment median fell 13.2% from 2025 to 2026 and about 20% from 2024. In October 2026 alone, TRREB’s Market Watch shows 59 Markham condo apartment sales at a median of $538,000, selling at 97% of list price on average, with 327 active listings. That is plenty of choice for buyers. TRREB’s benchmark price for a Markham apartment was $510,500 in October, down 9.5% from a year earlier.
For rents, TRREB’s Q2 2026 rental report shows Markham condo apartments leasing for an average of $2,214 a month for a one-bedroom and $2,840 for a two-bedroom. My Markham rent guide for 2027 compares that with other rent sources.
One rule matters here. World on Yonge was registered in 2014, so most suites were first occupied before 15 November 2018. That means Ontario’s rent increase guideline normally applies to tenants in this building. The guideline for 2027 is 1.9%, according to the Province. Newer towers nearby are often exempt, so this is a real difference for renters and investors.
How do you get to downtown Toronto from World on Yonge?
Today the main link is Yonge Street itself. Viva Blue runs along Yonge from Finch Terminal in Toronto north to Newmarket, so you can ride south to Finch station and take Line 1 downtown. Local bus routes run along Yonge as well.
The bigger change is the Yonge North Subway Extension. Metrolinx describes it as about 8 kilometres north from Finch, with five stations serving Vaughan, Markham and Richmond Hill. Its 2022 station maps show stops at Steeles and at Clark Avenue, which bracket this stretch of Yonge. The tunnelling contract was awarded in July 2025 and Metrolinx listed the first tunnel boring machine for September 2026. Metrolinx says the extension will open after the Ontario Line, and the Ontario Line has no confirmed date beyond the early 2030s.
Drivers use Yonge Street and Steeles Avenue. If you drive downtown every day, test the trip at rush hour before you buy.
What are the pros and cons of living at World on Yonge?
| Pros | Cons |
|---|---|
| On Yonge with Viva Blue to Finch station now, and planned subway stations at Steeles and Clark later | Subway construction along Yonge is likely for years, with noise and traffic |
| Indoor pool, sauna, gym and guest suites | Listing sites show fees per square foot above the local average |
| Most suites fall under the rent increase guideline, which protects tenants | For investors, that same rule limits yearly rent increases |
| Wide range of sizes, from studios to three-bedrooms | More than 700 suites, so many similar units can be listed at once |
Source: my summary of the facts in this guide; check each point for the specific unit.
Who is World on Yonge best for?
It suits people who want Yonge Street transit without paying North York prices, such as commuters to Finch or downtown, students and young professionals renting a one-bedroom, and downsizers who want a pool and concierge. It also suits buyers who care about the future subway and are patient enough to wait for it.
It is less ideal for anyone who wants a quiet side-street feel, a small boutique building, or the newest finishes. If you are still deciding between the Vaughan and Markham sides of Thornhill, my guide to choosing an agent in Thornhill explains how the two sides differ.
World on Yonge is a practical building, not a luxury one, and that is fine. In a market where Markham condo prices fell for two years in a row, I would focus on the specific suite: its size, its view, its parking and its fee. I would not pay extra today because of the subway. If it opens on time, that is a bonus. If you rent, the rent increase guideline is a real advantage here compared with newer towers.
Should you buy or rent at World on Yonge in 2027?
Buyers have more room to negotiate than they did two years ago. With 327 Markham condo apartments listed in October and sales averaging 97% of list price, offers below asking are common. But borrowing costs are moving up. The Bank of Canada raised its policy rate to 2.50% on 28 October 2026, and big-bank prime rose to 4.70%. Its next decision is 9 December 2026.
Renting makes sense if you may move within two or three years, or if you want to see where rates go first. Buying makes sense if you plan to stay five years or more and the monthly cost, including fees and taxes, is close to rent for the same suite. My page on what a Markham condo is worth shows how size, parking and floor change the price.
Listing sites disagree on this building’s suite count, its management company and what the fee includes. Do not rely on any of them. Make your offer conditional on your lawyer reviewing the status certificate, the budget, the reserve fund study and any special assessment or lawsuit disclosed in it.
What to do next
- Pick two or three suites at 7161 or 7171 Yonge and ask for the floor plan, parking and locker details for each.
- Ask for leased and sold comparables in the building from the last 90 days, not just the asking prices online.
- Get the status certificate early and confirm which utilities the fee covers.
- Ride Viva Blue to Finch at your normal commute time before you commit.
- If you rent, confirm in writing when the unit was first occupied so you know the 1.9% guideline applies.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
Who built World on Yonge in Thornhill?
Liberty Development Corporation built World on Yonge, and Kirkor Architects designed it. The project broke ground in late 2010 on the site of a former strip mall at Yonge Street and Meadowview Avenue, on the Markham side of Thornhill. The condo corporation, YRCC 1271, was registered in November 2014, so the towers are about 12 years old heading into 2027.
What is the address of World on Yonge condos?
World on Yonge is at 7161 and 7171 Yonge Street, in the City of Markham. It is on the east side of Yonge a few blocks north of Steeles Avenue. Because the east side of Yonge here is Markham and the west side is Vaughan, listings may call the building Thornhill, Markham or Grandview. They are all the same complex.
How many units are in World on Yonge?
World on Yonge has a little over 700 suites, but sources differ. A building-data website lists 710 suites and a building-data website lists 742 across the two 31-storey towers at 7161 and 7171 Yonge Street. For an exact count, check the condominium’s declaration or ask the property manager. The size matters because many similar suites can be on the market at once.
What are the maintenance fees at World on Yonge?
Recent World on Yonge listings show monthly maintenance fees of about $562 to $787, as of November 2026. A building-data website estimates the average at about $0.81 per square foot, above the local average of about $0.65. The sites disagree on whether heat and cooling are included, so confirm the fee and what it covers in the status certificate before you buy.
Does World on Yonge have a pool?
Yes, World on Yonge has an indoor pool, according to both two building-data websites. Listing sites also show a sauna, a gym, guest suites and a party room, plus a media room, yoga studio, games room and concierge. Amenity lists can change after a building is finished, so ask management what is open and bookable in 2027.
Is World on Yonge rent controlled?
Most World on Yonge suites are covered by Ontario’s rent increase guideline, because the building was registered in 2014 and units were first occupied before 15 November 2018. The guideline for 2027 is 1.9%, and the landlord must give 90 days’ written notice and wait 12 months between increases. A tenant should still confirm the first-occupancy date for their unit.
Will the subway come to World on Yonge?
The Yonge North Subway Extension is planned to run past World on Yonge, with Metrolinx maps showing stations at Steeles and at Clark Avenue. Metrolinx awarded the tunnelling contract in July 2025, but says the line will open only after the Ontario Line, which has no confirmed date beyond the early 2030s. Treat it as a long-term benefit, not a 2027 one.
How much is a condo at World on Yonge worth in 2027?
No one can give a reliable 2027 price for one building, but city-level numbers set the range. Markham condo apartments sold for a median of $558,000 from January to October 2026, down 13.2% from 2025, according to TRREB MLS data via REALM. A specific World on Yonge suite depends on size, floor, view, parking and recent sales in the building.
How much does it cost to rent at World on Yonge?
Expect Markham-level condo rents at World on Yonge. TRREB’s Q2 2026 rental report shows Markham condo apartments leasing for an average of $2,214 a month for a one-bedroom and $2,840 for a two-bedroom. Rents in this building will vary with size, parking and furnishings, so compare recent leases in the building before you offer.
Sources
- UrbanToronto: Liberty Development’s mixed-use World on Yonge comes to Thornhill (November 2010)
- A building-data website: World on Yonge, 7161 and 7171 Yonge St (building page, viewed 10 November 2026)
- A building-data website: World on Yonge Condos, 7161 Yonge St (building page, viewed 10 November 2026)
- Metrolinx: Yonge North Subway Extension project page
- Metrolinx: Updated Yonge North Subway Extension studies and station maps (February 2022)
- TRREB Market Watch, October 2026
- TRREB Rental Market Report, Q2 2026
- Wikipedia: Viva Rapid Transit (route background)
Related reading
- Living at Exchange District Condos, Mississauga: 2027 Buyer and Renter Guide
- Living at Pinnacle Uptown, Mississauga: 2027 Buyer and Renter Guide
- Living at The Grand Residences at Parkside Village, Mississauga: 2027 Buyer and Renter Guide
- Living at The Condominiums at Square One District, Mississauga: 2027 Buyer and Renter Guide
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.