$2,650/mo - 7400 Markham Road Unit 423, Markham
Condo for Rent in Markham
Neighbourhood: Middlefield
- MLS Number
- N13414052
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Spacious 1,020 sq. ft. 2+1-bedroom unit with 2 full bathrooms in the eco-friendly Green Life Building. This bright and sunny east-facing suite features an energy-efficient design with solar panels, a spacious layout, and newly installed laminate flooring throughout-no carpet. The unit offers 2 generous bedrooms plus a versatile den, ideal for a home office or guestroom. The primary bedroom includes a private unsuited bathroom. Enjoy an unbeatable location within walking distance to grocery stores, shopping, restaurants, schools, parks, and YRT / TTC transit. Residents also have access to a newly opened community centre featuring a library, swimming pool, sauna, gym, and playground. Conveniently located close to Highways 407, 404, and 401, as well as major retailers including Costco, Canadian Tire, Home Depot, Staples, and many other amenities. A perfect place to call home, offering comfort, convenience, and modern living.
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
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.
7400 Markham Road Unit 423, Markham
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,650/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in Markham. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.