**Exclusive Low Rise Condo building in high Demand Location Across from Ellen Fairclough PublicSchool**. Spacious Layout w 2 Beds+Den & 2 Full Baths, 1 Parking and 1 Locker! Many PremiumUpgrades $$ Open Balcony Facing Park. Prime Location Close to All Amenities Hwy 401, 407, Shopping, Dining, Costco, Canadian Tire, Winners, Shoppers, Markville Malls and Much More. Walking Distance to Community Centres & Schools. Some Furniture Negotiable with Offer.
2 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $653 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 7428 Markham Rd #301
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 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
7428 Markham Rd #301 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13712464$588,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7428 Markham Rd #301 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
$2,889
/mo
based on the purchase price of $588,000
$117,600 cash
$470,400 financed
$396,200 total interest
Principal54%$470,400
Interest46%$396,200
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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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 $588K.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio99.4%On average, homes sold below asking.
Active listings1,542Homes for sale here right now.
Median vs prior 90 days+3.4%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 1,321 sales from Jul 23 – Oct 21, 2026 (809 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for rent at 7428 Markham Rd — plus its sale and lease history.
7428 Markham Rd #301 is listed at $588,000 (MLS® N13712464). Summitly updates the price as soon as the MLS® record changes.
Is $588,000 a good price for 7428 Markham Rd #301?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 7428 Markham Rd #301 changed?
No — 7428 Markham Rd #301 is still listed at its original asking price of $588,000.
How many bedrooms and bathrooms does 7428 Markham Rd #301 have?
7428 Markham Rd #301 has 2 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Markham.
Is 7428 Markham Rd #301 close to transit?
The nearest rapid-transit station is Markham GO Station (Stouffville GO), about 3.7 km in a straight line. Centennial GO Station is about 3.9 km, and Milliken GO Station is about 4.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 7428 Markham Rd #301?
About $2,889 a month — principal and interest on $588,000 with 20% down ($117,600), 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 7428 Markham Rd #301 compare with other homes in Markham?
Its asking price of $588,000 is about 46% below the median sold price in Markham over the last 90 days, $1,098,000, across 1,321 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 7428 Markham Rd #301 been sold before?
Summitly has no earlier MLS® sale or lease of 7428 Markham Rd #301 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7428 Markham Rd #301?
7428 Markham Rd #301 is in Markham, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7428 Markham Rd #301 been on the market?
58 days — 7428 Markham Rd #301 was listed on August 24, 2026.
What is the price per square foot of 7428 Markham Rd #301?
About $589 to $653 per square foot: the asking price of $588,000 over the 900–999 sq ft the listing gives as its size range.
Does 7428 Markham Rd #301 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
