510-7400 Markham Road, Markham, ON

Middlefield, Markham · MLS® N13738404

$550,000
For Sale
Listed 47 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • A large 920 sq ft above grade finished condo apartment.
  • Open concept kitchen, a spacious granite breakfast bar, with appliances Fridge, Stove, Microwave and Dishwasher.
  • Including 1 parking and 1 locker to call your own with this beautiful apartment.
  • Located in a high demand area, close to transit, Hwy 407, TTC, York Region Transit, Schools, Parks, Playgrounds, Shopping, Costco and enjoyable surrounding of...

A large 920 sq ft above grade finished condo apartment. One Bedroom plus Den, with a large living area combined with dining. Open concept kitchen, a spacious granite breakfast bar, with appliances Fridge, Stove, Microwave and Dishwasher. Including 1 parking and 1 locker to call your own with this beautiful apartment. An excellent Greenlife Golden Condominium apartment in a mid-high rise building is equipped and operated with the help of rooftop solar system which provides considerable hydro savings for residents. Located in a high demand area, close to transit, Hwy 407, TTC, York Region Transit, Schools, Parks, Playgrounds, Shopping, Costco and enjoyable surrounding of inner-city living...Builder apartment layout and measurement attached to MLS.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13738404
Bedrooms
1
Bathrooms
1
Size
900-999 sq ft
Cross streets
Markham Rd & Golden Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$216/mo
Exposure
West
Property tax
$2,181 / 2026
Days on market
47
Listing brokerage
ROYAL LEPAGE CREDIT VALLEY REAL ESTATE

Rooms

KitchenMain3.00 × 2.70 m

ceramic floor · open concept · granite counters

BathroomMain
Living RoomMain5.80 × 4.00 m

combined w/dining · laminate · window

Dining RoomMain5.80 × 4.00 m

combined w/living · laminate

DenMain3.60 × 2.60 m
Primary BedroomMain4.32 × 3.15 m

walk-in closet(s) · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Middlefield · asking prices
$498kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $528/sqft; this home lists at $579/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
550kThis home519k575k399kThis home vs active comparables

Neighbourhood & location

Middlefield, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wismer
$438K
Unionville
$636K
Greensborough
$607K
Cathedraltown
$530K
Commerce Valley
$541K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,507/mo
$109KIncome needed
5.1×Price ÷ income
$578Weekly cost
$7,475Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

86%mortgage
Mortgage $2,507Property tax $182Condo fee $216Total carry $2,905

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,433per month

Mortgage amount $440,000 · 4.49% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$2,831Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$182
Condo / maintenance fees
$216
Heating
$0
Estimated monthly cost
$2,831

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,475
Estimated closing costs
$7,475

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,945/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$289,851Total interest paid
$729,851Total of all payments
Principal $440,000 Interest $289,851
YearPrincipalInterestBalance
1$9,819$19,375$430,181
2$10,265$18,929$419,916
3$10,731$18,463$409,186
4$11,218$17,976$397,967
5$11,727$17,467$386,240
6$12,260$16,934$373,980
7$12,816$16,378$361,164
8$13,398$15,796$347,765
9$14,007$15,187$333,759
10$14,643$14,551$319,116
11$15,308$13,886$303,808
12$16,003$13,191$287,806
13$16,729$12,465$271,077
14$17,489$11,705$253,588
15$18,283$10,911$235,305
16$19,113$10,081$216,192
17$19,981$9,213$196,212
18$20,888$8,306$175,324
19$21,836$7,358$153,487
20$22,828$6,366$130,660
21$23,864$5,330$106,795
22$24,948$4,246$81,848
23$26,080$3,114$55,767
24$27,265$1,929$28,503
25$28,503$691$0

At the end of your 5-year term

Total paid over the term
$145,970
Principal paid down
$53,760
Interest paid
$92,210
Balance remaining
$386,240

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
4.9%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.7%
Gross yield
− Property tax $2,181− Condo fees $2,594− Insurance $600− Vacancy & upkeep $4,026Net operating income $27,199

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE CREDIT VALLEY REAL ESTATE. MLS®/PropTx.

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