309-7400 Markham Road, Markham, ON

Middlefield, Markham · MLS® N13776546

$518,888
For Sale
Listed 37 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this bright and beautifully maintained condo offering a functional open-concept layout, modern finishes and plenty of natural light.
  • Enjoy a full 4-piece bathroom, convenient in-suite layout and a clean, move-in-ready interior.
  • The well-maintained building features elevator access and an on-site fitness room.
  • Ideally positioned close to shopping, restaurants, transit, schools and everyday amenities-an excellent opportunity for first-time buyers, downsizers or investors.

Welcome to this bright and beautifully maintained condo offering a functional open-concept layout, modern finishes and plenty of natural light. The spacious living and dining area features updated flooring and a large picture window with open neighbourhood views. The kitchen offers granite countertops, ample cabinetry and full-size appliances, while the generously sized bedroom provides excellent space and natural light. A versatile den adds flexibility for a home office, study or additional living space. Enjoy a full 4-piece bathroom, convenient in-suite layout and a clean, move-in-ready interior. The well-maintained building features elevator access and an on-site fitness room. Ideally positioned close to shopping, restaurants, transit, schools and everyday amenities-an excellent opportunity for first-time buyers, downsizers or investors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13776546
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
800-899 sq ft
Cross streets
Markham Rd & Golden Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$209/mo
Exposure
West
Property tax
$2,116 / 2026
Days on market
37
Listing brokerage
RE/MAX METROPOLIS REALTY

Rooms

KitchenFlat0.00 × 0.00 m

tile floor · granite counters

Living RoomFlat0.00 × 0.00 m

vinyl floor · window

FoyerFlat0.00 × 0.00 m

Tile Floor

BreakfastFlat0.00 × 0.00 m
Primary BedroomFlat0.00 × 0.00 m

vinyl floor · window · double closet

DenFlat0.00 × 0.00 m

Vinyl Floor

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
$512kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $577/sqft; this home lists at $611/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
519kThis home399k550k588kThis 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
$2,365/mo
$103KIncome needed
5.0×Price ÷ income
$546Weekly cost
$6,853Land 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 $2,365Property tax $176Condo fee $209Total carry $2,750

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)
$2,295per month

Mortgage amount $415,110 · 4.49% over 25 years

$103,778Down payment (20.0%)
$415,110Loan before insurance
$0CMHC premium
$2,681Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,295
Property tax
$176
Condo / maintenance fees
$209
Heating
$0
Estimated monthly cost
$2,681

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

One-time closing costs

Ontario land transfer tax
$6,853
Estimated closing costs
$6,853

Plus your down payment of $103,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,778/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

$273,455Total interest paid
$688,565Total of all payments
Principal $415,110 Interest $273,455
YearPrincipalInterestBalance
1$9,263$18,279$405,847
2$9,684$17,859$396,163
3$10,124$17,419$386,039
4$10,583$16,959$375,456
5$11,064$16,479$364,392
6$11,566$15,976$352,825
7$12,091$15,451$340,734
8$12,640$14,902$328,093
9$13,214$14,328$314,879
10$13,814$13,728$301,064
11$14,442$13,101$286,623
12$15,097$12,445$271,525
13$15,783$11,760$255,743
14$16,499$11,043$239,243
15$17,249$10,294$221,995
16$18,032$9,511$203,963
17$18,850$8,692$185,112
18$19,706$7,836$165,406
19$20,601$6,942$144,805
20$21,536$6,006$123,269
21$22,514$5,028$100,754
22$23,537$4,006$77,218
23$24,605$2,937$52,613
24$25,722$1,820$26,890
25$26,890$652$0

At the end of your 5-year term

Total paid over the term
$137,713
Principal paid down
$50,719
Interest paid
$86,994
Balance remaining
$364,392

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$2,700/mo
$32,400Gross annual rent
4.5%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.

6.2%
Gross yield
− Property tax $2,116− Condo fees $2,510− Insurance $600− Vacancy & upkeep $3,564Net operating income $23,609

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX METROPOLIS REALTY. MLS®/PropTx.

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