7400 Markham Rd 306

FOR SALE
$739,000
7400 Markham Rd 306, Markham
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
7400 Markham Rd 306
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
N11955588
MLSID
Contact Us
Property Description
Bright and Spacious 2 Bedroom plus Den, large Condo unit in the heart of Markham! Large Den can be used as 3rd Bedroom. 2 Full Bathrooms. Parking Spot included. Laminate flooring throughout the entire unit. Stainless Steel Appliances in the kitchen. This is a high efficiency building, with solar panels, which keeps maintenance fees lower compared to most other condo buildings! Current Maintenance Fee is very low for such a large unit, $186.43 per month. Very convenient location, public transit at your doorstep. Walk to: Grocery stores, Banks, Costco, Canadian Tire, many restaurants, Tim Hortons, schools, and so much more!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-29 2025-01-30 63 $739,000 - Expired
Nearby Intersections
Property Features
Clear View, Library, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,280 (2024)
Basement
None
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain11.15' x 20.60'Laminate, Combined W/Dining, Large Window
DiningMain11.15' x 20.60'Laminate, Combined W/Living, Open Concept
KitchenMain8.79' x 9.22'Stainless Steel Appl, Ceramic Floor, Open Concept
Prim BdrmMain9.22' x 13.71'Laminate, 4 Pc Ensuite, Large Window
2nd BrMain7.81' x 10.76'Laminate, Large Window
DenMain8.37' x 9.35'Laminate
BathroomMain6.89' x 7.55'4 Pc Bath
BathroomMain6.89' x 7.55'4 Pc Bath
Markham Market Statistics
Markham Price Trend
7400 Markham Rd 306 is a 2-bedroom 2-bathroom condo listed for sale at $739,000, which is $45,123 (5.8%) lower than the average sold price of $784,123 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Markham increased by $28,123 (3.7%) compared to the previous 30 day period (December 22 - January 20) and down $40,240 (4.9%) from the same time one year ago.
Inventory Change
There were 83 2-bedroom condos listed in Markham over the last 30 days (January 21 - February 19), which is up 112.8% compared with the previous 30 day period (December 22 - January 20) and up 69.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Markham typically sold ($20,150) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,260 increase compared to the previous 30 day period (December 22 - January 20) and ($20,602) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Markham over the last 30 days (January 21 - February 19) stood at 22.9%, down from 51.3% over the previous 30 days (December 22 - January 20) and down from 44.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Markham stood at 51 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Gate Real Estate Inc.
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