414-7400 Markham Road, Markham, ON

Middlefield, Markham · MLS® N13805164

$669,000
For Sale
Listed 31 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 2 parking
1000-1199Sq ft

About this home

In short

  • Spacious 2+1 Bedroom Apartment With Two Parking Spaces, Two Full Bathrooms And One Large Storage Locker.
  • Recently Renovated And Ideally Located, 9-Ft Ceilings, West-Facing Windows And A Bright, Breezy, Open-Concept Layout.
  • Modern Open-Concept Kitchen Features Energy-Efficient Stainless Steel Appliances, Tall Soft-Close Cabinetry, Backsplash And Breakfast Bar.
  • Two Parking Spaces, One Underground And One Surface, Conveniently Located Close To The Elevator And Building Entrance.
  • Minutes To Hwy 407, Community Centres, Schools And Religious Institutions.

Rare Find! Spacious 2+1 Bedroom Apartment With Two Parking Spaces, Two Full Bathrooms And One Large Storage Locker. Recently Renovated And Ideally Located, 9-Ft Ceilings, West-Facing Windows And A Bright, Breezy, Open-Concept Layout. Two Spacious Bedrooms With Large Windows Plus A Den With French Door That Can Easily Be Used As A Third Bedroom Or Home Office. Modern Open-Concept Kitchen Features Energy-Efficient Stainless Steel Appliances, Tall Soft-Close Cabinetry, Backsplash And Breakfast Bar. In-Suite Laundry With Front-Load Washer And Dryer. Recent Upgrades Include New Vinyl Flooring, Kitchen Backsplash, Quartz Vanity Tops In Both Bathrooms, Fresh Paint And Contemporary Crystal Chandeliers In The Living Room. Two Parking Spaces, One Underground And One Surface, Conveniently Located Close To The Elevator And Building Entrance. Large Storage Locker Provides Ample Additional Storage. Building Amenities Include A Fully Equipped Gym And Party Room. Ideally Located Steps From Shopping Plazas, TTC & YRT Transit, Home Depot, Costco, Canadian Tire, Banks, Restaurants And Grocery Stores. Minutes To Hwy 407, Community Centres, Schools And Religious Institutions. Clean, Well-Maintained Building With Fewer Units, Spacious Elevators And A Rooftop Solar System. Low Maintenance Fees. A Rare Opportunity You Won't Want To Miss!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13805164
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Markham Road/Denison St
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$261/mo
Exposure
West
Property tax
$2,499 / 2026
Days on market
31
Listing brokerage
PUBLIC TRUST REALTY INC.

Rooms

DenMain2.85 × 2.54 m

broadloom · french doors

Dining RoomMain6.30 × 3.35 m

vinyl floor · large window · combined w/living

Living RoomMain6.30 × 3.35 m

vinyl floor · large window · combined w/dining

Bedroom 2Main3.35 × 2.44 m

broadloom · closet

Primary BedroomMain4.42 × 2.85 m

broadloom · 4 pc ensuite · large window

KitchenMain2.85 × 2.74 m

stainless steel appl · backsplash · breakfast bar

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
$520kavg 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 $551/sqft; this home lists at $608/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
669kThis home588k575k519k399kThis 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
$3,049/mo
$131KIncome needed
5.1×Price ÷ income
$704Weekly cost
$9,855Land 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.

87%mortgage
Mortgage $3,049Property tax $208Condo fee $261Total carry $3,518

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,959per month

Mortgage amount $535,200 · 4.49% over 25 years

$133,800Down payment (20.0%)
$535,200Loan before insurance
$0CMHC premium
$3,428Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,959
Property tax
$208
Condo / maintenance fees
$261
Heating
$0
Estimated monthly cost
$3,428

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

One-time closing costs

Ontario land transfer tax
$9,855
Estimated closing costs
$9,855

Plus your down payment of $133,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,582/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

$352,564Total interest paid
$887,764Total of all payments
Principal $535,200 Interest $352,564
YearPrincipalInterestBalance
1$11,943$23,567$523,257
2$12,486$23,025$510,771
3$13,053$22,458$497,718
4$13,645$21,865$484,073
5$14,265$21,246$469,808
6$14,912$20,598$454,896
7$15,590$19,921$439,307
8$16,297$19,213$423,009
9$17,037$18,473$405,972
10$17,811$17,700$388,161
11$18,620$16,891$369,541
12$19,465$16,046$350,077
13$20,349$15,162$329,728
14$21,273$14,238$308,455
15$22,239$13,272$286,217
16$23,248$12,262$262,968
17$24,304$11,207$238,665
18$25,407$10,103$213,257
19$26,561$8,950$186,696
20$27,767$7,744$158,930
21$29,028$6,483$129,902
22$30,346$5,165$99,557
23$31,723$3,787$67,833
24$33,164$2,347$34,669
25$34,669$841$0

At the end of your 5-year term

Total paid over the term
$177,553
Principal paid down
$65,392
Interest paid
$112,161
Balance remaining
$469,808

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$3,400/mo
$40,800Gross 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.

6.1%
Gross yield
− Property tax $2,499− Condo fees $3,126− Insurance $600− Vacancy & upkeep $4,488Net operating income $30,087

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

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