7340 Markham Road, Unit 307, Markham, ON

$488,800
MLS#:N13721646
2 beds
1 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Added:Aug 28, 2026(1 day ago)
Updated:Aug 28, 2026(1 day ago)
Last Checked:20 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Middlefield. Expertly crafted featuring premium stucco (plaster) and concrete construction, this residence presents an exceptional opportunity offered at $488,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: None, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautifull, Bright, Well Maintained, 1+1 Bdrm & 1 Full Bathroom Condo Suite Located in the High Demand Middlefield Community in Markham. One Level Living with Spacious Rooms, Larger than most stacked town-homes. Large Family Size Kitchen with Granite Countertop, Lots of Counter Space and Maple Wood Cabinets. Laminate Floors & Carpet Free Thruout, Tiled in Kitchen , Laundry & Washrooms. Spacious Open Concept Living & Dining Rooms. Spacious Master Bedroom comes with a spacious Walk-in Closet. Spacious Den with a Double Closet Currently being used as 2nd Bedroom !! Close To All Amenities, Shopping ,Supermarket, Restaurants, 407, Transit, Schools, Community Centre, Banks, Costco, Tim Hortons just a couple of minutes walk !!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 7340 Markham Road, Markham is currently for sale and has been available on SousaSells for 1 day. This property is listed at $488,800 with an estimated mortgage of $1,627* per month. It has 2 beds, 1 bathroom, and is 1200-1399 square feet. 7340 Markham Road, Markham is in the Middlefield neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Middlefield, Markham.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Markham.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedAug 28, 2026 (1 day ago)
UpdatedAug 28, 2026 (1 day ago)
Last Checked20 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStucco (Plaster), Concrete
BasementNone
CountyYork
Annual Tax$2,016.86

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeSurface

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • Place Of Worship
  • Rec./Commun.Centre
  • School

Interior Features

  • None
  • Carpet Free

Security Features

  • Security System

Community Features

None listed

Frequently Asked Questions about 7340 Markham Road, Unit 307, Markham, ON

Q.What is the asking price for 7340 Markham Road, Unit 307, Markham, ON ?

The current listing price for 7340 Markham Road, Unit 307, Markham, ON in Middlefield, Markham is $488,800.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 1200-1399 sqft.

Q.What property type and architectural style is 7340 Markham Road, Unit 307, Markham, ON ?

7340 Markham Road, Unit 307, Markham, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 7340 Markham Road, Unit 307, Markham, ON offer?

Key property features include: Public Transit, Place Of Worship, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: None, Carpet Free.

Q.What security features are installed at 7340 Markham Road, Unit 307, Markham, ON ?

Security features include: Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Surface).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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7340 Markham Road, Unit 307, Markham, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Middlefield, Markham

SAFETY RATING9.5 / 10
Low Incident Area
Total Annual Incidents51 incidents / yr
Average Per Month4.3 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

10 assaults (45.0/100k)

Property Security
Low

11 B&E (40.0/100k)

Auto Theft Risk
Low Risk

18 thefts (45.0/100k)

1-Year Trend
â–Ľ 6.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 7340 Markham Road 307, Markham, ON L3S 0B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$146,640 (30.0%)
* Minimum Canadian down payment required for this price is $24,440.
Amortization Period30 Years
Estimated Monthly Payment$1,627Based on a loan of $342,160 over 30 years.
Purchase Price$488,800
Loan Amount$342,160
Provincial Land Transfer Tax:$6,251
Total Estimated Closing Taxes:$6,251

About Purchasing a Home in Markham, ON

For a property listed at $488,800 in Markham, the legal minimum down payment is $24,440 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,251 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,251.

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Middlefield, Markham Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Middlefield, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,132,777

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Best Schools in Middlefield, Markham

Elementary Schools

Markham Gateway
Public30 Fonda Road, Markham, Ontario, L3S 3X3
7.8
Coppard Glen
Public131 Coppard Avenue, Markham, Ontario, L3S 2T5
6.7
Parkland
Public18 Coxworth Avenue, Markham, Ontario, L3S 3B8
7.7
Ellen Fairclough
Public33 Brando Avenue, Markham, Ontario, L3S 4K9
6.8
Armadale
Public11 Coppard Avenue, Markham, Ontario, L3S 2J4
5.9

Secondary Schools

Middlefield
Public525 Highglen Avenue, Markham, Ontario, L3S 3L5
7.4
Father Michael McGivney
Public5300 14th Avenue, Markham, Ontario, L3S 3K8
8.5

Middlefield, Markham Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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