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$588K · 2+1 bed Condo Apartment · Unit 301, 7428 Markham Road, Markham, Ontario L3S 4V6 | HomeSearchCanada

$588,000

Unit 301

27 DOM

2+1227d

Map

DOM 27

$588,000

DOM27days

Unit 301

7428 Markham Road · Markham · Ontario L3S 4V6

MLS® N13712464 · Middlefield · L3S 4V6

2+12OwnerOccupied900-999 ft²Condo Apartment1-car UndergroundNo basement27d$619/ft²$1,946 tax/yrNo basement

27 days on market

About this home

**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.

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Property details

MLS#: N13712464
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2+1
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 900-999Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Owner Occupied
Washrooms: 5 pc · Main; 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Property features: Hospital, Library, Rec./Commun.Centre, Public Transit, Park, School

Condo corp #: 1048
Balcony: Open
Locker: Owned
Association amenities: Party Room/Meeting Room, Visitor Parking, Bike Storage
Fees include: Water Included, CAC Included, Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Other
Fireplaces: —
Waterfront: No
Exterior: Brick, Stone
Fronting on: —
Cross street: Markham Rd & 14th Avenue
Stories: 3
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: None

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: HOMELIFE KINGSVIEW REAL ESTATE INC.

Source: TRREB/PROPTX · MLS® N13712464

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$588K

Unit 301 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $588,000✓ $1,946 tax✓ Electric✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,036/mo

incl. closing costs (yr 1)

Annual total

$60,427

year 1

Mortgage only

$2,231/mo

principal + interest

Beyond mortgage

$1,660/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$117,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$162/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~950 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,880/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$59/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,235

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $26,768/yr

Property taxes17% $10,181/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,880/yr

Condo fees14% $8,438/yr

Closing costs8% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,768	$2,231/mo
Government & taxes
Property tax	$1,946	$162/mo
Land transfer tax(closing)	$8,235	$686/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,880	$490/mo
Condo fees
Condo / HOA fees	$8,438	$703/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$60,427	$5,036/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 301

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs