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$699,990
Markham
#504 7325 Markham Road, Markham (Cedarwood), Ontario, L3S0C9
This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 1,100 sq ft of space. Listed at $699,990, it is attractively priced about 30% below the $999,000 median asking price in Markham. It has been on the market 44 days, fresher than the Markham average of 47 days.
This home provides the perfect blend of comfort and convenience in this bright and spacious 2-bedroom plus enclosed den, 2-bathroom suite offering over 1,000 sq. ft. of functional living space. Located on the 5th floor, this well-maintained unit features a smart layout with no wasted space and an abundance of natural light throughout. The fully enclosed den offers incredible flexibility and can easily function as a third bedroom, home office, or guest space. The open-concept living and dining area flows seamlessly into a modern kitchen complete with granite countertops, backsplash, and stainless steel appliances. Laminate flooring runs throughout the unit with no carpet, creating a clean and cohesive feel. Step out onto your open north-facing balcony and enjoy unobstructed views, adding to the sense of space and privacy. This unit also includes the rare convenience of two parking spots, one underground and one surface, along with a locker for additional storage. Situated in a well-managed green building known for its energy efficiency, residents benefit from lower-than-average maintenance fees without compromising on space or comfort. Ideally located near Markham and Denison, with easy access to Highway 407, public transit, schools, library, shopping, and everyday essentials. An excellent opportunity for first-time buyers, downsizers, or anyone looking for a spacious and affordable option in a prime Markham location. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 44 days on market, against an average age of 47 days across the listings currently for sale in this city
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.
This 3-bed single family in Markham (Cedarwood) has been listed for 44 days, which is 3 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,990, about 6.6× the local median household income of $106,000.
Carrying it typically needs a household income of about $136,733 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3S)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice