222-7325 Markham Road, Markham, ON
Cedarwood, Markham · MLS® N13828872
About this home
*GreenLife Energy Saving Building* 8 years New 1005 Sq ft* 9 Feet Ceiling* 2+1 can be a Den or a 3rd Bedroom* 2 Full Baths* Bedrooms Are good Sized* Spacious Kitchen with Granite Counter and Breakfast bar* Laminate Floors Throughout* Spacious Living and Dining with a walk out to west facing Balcony* Stainless Steel Appliances and Stacked Full size Washer/Dryer* Bright, Sunny and Spacious* Building saves on energy cost with Solar Panels and Geothermal Heating* Your Average Utility Bills Under $170 per month for water, heat, hydro per month* Low Property Tax* Very Affordable, perfect for downsizer or first time home Buyer* Building offers lots of Visitors parking, Gym, Party room, Games roof and Security Guard* Wide Hallway and Elevator Lobby for ez wheelchair access* Within Minutes to Costco, Home Depot, Canadian Tire, Shoppers Drug mart, Restaurants, Shops, No Frills, Walmart, and 407 and 401* Prime Markham Location is waiting for you* 1 parking and 1 Locker* Second Parking can be rented*
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13828872
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- Markham Rd and New Delhi Dr
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $289/mo
- Exposure
- West
- Property tax
- $2,398 / 2026
- Days on market
- 25
- Listing brokerage
- HOMELIFE/GTA REALTY INC.
Rooms
laminate · 4 pc ensuite
laminate · w/o to balcony · open concept
modern kitchen · breakfast bar · granite counters
Laminate
laminate · combined w/kitchen · combined w/living
laminate · closet · window
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Considering this property? Request a written price readNeighbourhood & location
Cedarwood, Markham, ON
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Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $527,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,914
- Property tax
- $200
- Condo / maintenance fees
- $289
- Heating
- $0
- Estimated monthly cost
- $3,403
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,651
- Estimated closing costs
- $9,651
Plus your down payment of $131,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $174,846
- Principal paid down
- $64,395
- Interest paid
- $110,451
- Balance remaining
- $462,645
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/GTA REALTY INC.. MLS®/PropTx.