7340 Markham Road Unit 204, Markham

Price: $828,000

4 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: N13660128

Experience Refined Urban Living In This Extensively Renovated Corner Suite In Markham's Sought-After Middlefield Community. Offering Over 1,600 Sq. Ft. Of Living Space, This Rare Suite Combines The Spaciousness Of A Bungalow With The Convenience Of Condo Life. Thoughtfully Renovated Throughout, Enjoy This Designer Kitchen With Extensive Custom Cabinetry & Valance Lighting, Built-In S/S Appliances Including Combo Wall Oven, Electric Cooktop, & Commercial Grade Range Hood, Quartz Countertops, Oversized Peninsula With Breakfast Bar, Upgraded Fixtures, & Dual Zone Built-In Bar Fridge. The Open-Concept Living & Dining Areas Are Ideal For Everyday Living & Entertaining, Enhanced By Luxury Vinyl Flooring, Abundant Pot Lighting, & Upgraded Trim. Large Windows Provide Natural Light, While The Living Room Offers Walkouts To The Private Balcony. The Three Beautifully Renovated Bathrooms Feature Designer Tile, Stylish Vanities, Sleek Fixtures, Upgraded Shower Systems, & Recessed Lighting. The Spacious Primary Bedroom Offers A Custom Built-In Wardrobe & Direct Balcony Access. Two Additional Bedrooms Provide Generous Accommodations, While The Versatile Den Can Function As A Fourth Bedroom, Home Office, Study, Or Media Space. Enjoy The Added Convenience Of Two Parking Spaces; One Underground & One Surface. Located Close To Schools, Parks, Community Centres, Costco, Shopping, Restaurants, Banks, Public Transit, & Highway 407, With Tim Hortons Just Steps Away. A Rare Opportunity To Own A Meticulously Renovated Corner Suite Offering Exceptional Space, Sophisticated Finishes, & Move-In-Ready Living In One Of Markham's Most Desirable Communities.

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$828,000 - 7340 Markham Road Unit 204, Markham

Condo for Sale in Markham

Popular Listing

Neighbourhood: Middlefield

4Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
N13660128
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
4
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Experience Refined Urban Living In This Extensively Renovated Corner Suite In Markham's Sought-After Middlefield Community. Offering Over 1,600 Sq. Ft. Of Living Space, This Rare Suite Combines The Spaciousness Of A Bungalow With The Convenience Of Condo Life. Thoughtfully Renovated Throughout, Enjoy This Designer Kitchen With Extensive Custom Cabinetry & Valance Lighting, Built-In S/S Appliances Including Combo Wall Oven, Electric Cooktop, & Commercial Grade Range Hood, Quartz Countertops, Oversized Peninsula With Breakfast Bar, Upgraded Fixtures, & Dual Zone Built-In Bar Fridge. The Open-Concept Living & Dining Areas Are Ideal For Everyday Living & Entertaining, Enhanced By Luxury Vinyl Flooring, Abundant Pot Lighting, & Upgraded Trim. Large Windows Provide Natural Light, While The Living Room Offers Walkouts To The Private Balcony. The Three Beautifully Renovated Bathrooms Feature Designer Tile, Stylish Vanities, Sleek Fixtures, Upgraded Shower Systems, & Recessed Lighting. The Spacious Primary Bedroom Offers A Custom Built-In Wardrobe & Direct Balcony Access. Two Additional Bedrooms Provide Generous Accommodations, While The Versatile Den Can Function As A Fourth Bedroom, Home Office, Study, Or Media Space. Enjoy The Added Convenience Of Two Parking Spaces; One Underground & One Surface. Located Close To Schools, Parks, Community Centres, Costco, Shopping, Restaurants, Banks, Public Transit, & Highway 407, With Tim Hortons Just Steps Away. A Rare Opportunity To Own A Meticulously Renovated Corner Suite Offering Exceptional Space, Sophisticated Finishes, & Move-In-Ready Living In One Of Markham's Most Desirable Communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,248.07/mo

Includes CMHC insurance ($23,101)

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5-yr fixed avg.

Principal: $745,200Interest: $506,120
Mortgage Amount$768,301
Total Interest$506,120
Est. Property Tax$587/mo
Total Cost$1,274,421

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Middlefield

Discover Middlefield

Middlefield is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Middlefield

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Middlefield offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

7340 Markham Road Unit 204, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,640/mo
Range: $3,094 - $4,186
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,640
Maintenance Fees-$1,040
Property Tax (est.)-$587
Insurance (est.)-$173
Net Cash Flow+$1,840

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $518/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Middlefield

I know Middlefield well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7340 Markham Road Unit 204, Markham | $828,000 | Battaglia Team