$588,000

For sale

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#301 7428 Markham Road, Markham (Middlefield) - Single Family for Sale

#301 7428 Markham Road, Markham (Middlefield), Ontario, L3S4V6

3 beds2 baths1 parking ft²

#307 7340 Markham Road, Markham (Middlefield), Ontario, L3S0B1

2 bd1 ba1 pk1,300 ft²+$880/mo

Listed by GATE REAL ESTATE INC.

#615 7400 Markham Road, Markham (Middlefield), Ontario, L3S0C5

For sale

21 days ago

$399K

#615 7400 Markham Road, Markham (Middlefield), Ontario, L3S0C5

2 bd1 ba1 pk750 ft²+$188/mo

Listed by RE/MAX ACE REALTY INC.

#309 7400 Markham Road, Markham (Middlefield), Ontario, L3S0C5

For sale

53 days ago

$519K

#309 7400 Markham Road, Markham (Middlefield), Ontario, L3S0C5

2 bd1 ba1 pk850 ft²+$209/mo

Listed by RE/MAX METROPOLIS REALTY

#510 7400 Markham Road, Markham (Middlefield), Ontario, L3S0C5

For sale

63 days ago

$550K

#510 7400 Markham Road, Markham (Middlefield), Ontario, L3S0C5

1 bd1 ba1 pk950 ft²+$216/mo

Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE

Investment analysis

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$588,000

Markham

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$703/mo condo fee

Overview

This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 950 sq ft of space.

Condos for Sale in Markham →All real estate in Markham →

Description

**Exclusive Low Rise Condo building in high Demand Location Across from Ellen Fairclough PublicSchool**. Spacious Layout w 2 Beds+Den & 2 Full Baths, 1 Parking and 1 Locker! Many PremiumUpgrades $$ Open Balcony Facing Park. Prime Location Close to All Amenities Hwy 401, 407, Shopping, Dining, Costco, Canadian Tire, Winners, Shoppers, Markville Malls and Much More. Walking Distance to Community Centres & Schools. Some Furniture Negotiable with Offer. (id:66096)

Property Details

MLS®: N13712464
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Electric
Garage: Garage, Underground
Condo Fee: $703/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,945.69/yr
Listed: 70 days ago

Rooms

Main level

Kitchen: 3.2 x 3.41 meters
Living room: 6.28 x 3.41 meters
Dining room: 4.52 x 26.2 meters
Primary Bedroom: 4.96 x 3.75 meters
Bedroom 2: 3.65 x 3.45 meters
Den: 2.5 x 2.47 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate, Ceramic
Exterior: Brick, Stone
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Markham (Middlefield) listings, avg age

61d

Price / ft²

$619

List price

$588K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Markham (Middlefield) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE KINGSVIEW REAL ESTATE INC. · JOE PERRI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3S)

This home lists at $588,000, about 5.5× the local median household income of $106,000.

Carrying it typically needs a household income of about $114,857 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $106,000
Population: 55,403
Median age: 39.6
Owner / renter: 83% / 17%
Avg. household size: 3.7

Source: Statistics Canada, 2021 Census (FSA L3S)

$588,000· $619/ft²

For sale

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Full Cost Breakdown

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Down Payment5.75% · $33,800.00

Min 5.75%50%

Mortgage payment$3,073/mo

↳ CMHC premium ($22,168 capitalized)

Property tax (est.)$162/mo

Condo fee$703/mo

Total monthly$3,938

Cash Needed to Close

Down payment (5.75%)$33,800

Land transfer tax$8,235

Est. closing costs$4,264

Total cash needed$46,299

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice