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 !
1 bedroom, 1 bathroom, about 1,200 sq ft, works out to roughly $407 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 7340 Markham Rd #307
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
7340 Markham Rd #307 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13721646$488,800
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7340 Markham Rd #307 Compares to the Markham Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,401
/mo
based on the purchase price of $488,800
$97,760 cash
$391,040 financed
$329,358 total interest
Principal54%$391,040
Interest46%$329,358
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Markham
Other 1–2 bed homes for sale in Markham around $489K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio99.3%On average, homes sold below asking.
Active listings1,521Homes for sale here right now.
Median vs prior 90 days+2.3%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 1,370 sales from Jul 15 – Oct 13, 2026 (795 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
7340 Markham Rd #307 is listed at $488,800 (MLS® N13721646). Summitly updates the price as soon as the MLS® record changes.
Is $488,800 a good price for 7340 Markham Rd #307?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Markham. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 7340 Markham Rd #307 changed?
No — 7340 Markham Rd #307 is still listed at its original asking price of $488,800.
How many bedrooms and bathrooms does 7340 Markham Rd #307 have?
7340 Markham Rd #307 has 1 bedroom and 1 bathroom, with about 1,200–1,399 square feet of living space. It is a condo in Markham.
Is 7340 Markham Rd #307 close to transit?
The nearest rapid-transit station is Markham GO Station (Stouffville GO), about 4.1 km in a straight line. Centennial GO Station is about 4.2 km, and Milliken GO Station is about 4.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 7340 Markham Rd #307?
About $2,401 a month — principal and interest on $488,800 with 20% down ($97,760), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7340 Markham Rd #307 compare with other homes in Markham?
Its asking price of $488,800 is about 55% below the median sold price in Markham over the last 90 days, $1,095,000, across 1,370 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7340 Markham Rd #307 been sold before?
Summitly has no earlier MLS® sale or lease of 7340 Markham Rd #307 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7340 Markham Rd #307?
7340 Markham Rd #307 is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7340 Markham Rd #307 been on the market?
46 days — 7340 Markham Rd #307 was listed on August 28, 2026.
What is the price per square foot of 7340 Markham Rd #307?
About $349 to $407 per square foot: the asking price of $488,800 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 7340 Markham Rd #307 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
