MLS® listing
7400 Markham Road 615: condo apartment for sale
$549,000
From the listing brokerage
Bright & Spacious Well-Appointed Condo Features A Functional Layout With An Abundance Of Natural Light. The Open Living And Dining Area Offers A Large Picture Window With Pleasant Neighbourhood Views. The Modern Kitchen Is Complete With Granite Countertops, Generous Cabinetry And Full-Size Appliances. The Spacious Bedroom Provides Excellent Comfort And Natural Light, While The Separate Den Offers Added Versatility For A Home Office, Study Or Flexible Living Space. A Well-Maintained 3-Piece Bathroom Completes The Interior. Residents Enjoy Elevator Access And An On-Site Fitness Facility. Conveniently Located Near Shopping, Dining, Public Transit, Schools And Everyday Amenities. An Excellent Opportunity For First-Time Buyers, Downsizers Or Investors.
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 6 |
| Monthly fee | $188 |
| Property tax | $1,877 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | West |
| Fee includes | Common Elements Included, Building Insurance Included |
| Balcony | None |
| Laundry | Ensuite |
| Parking | Underground |
| Floor | 06 |
Listing courtesy of RE/MAX ACE REALTY INC.. MLS® N13807466.
About this condo apartment
7400 Markham Road 615 is a 2 bedroom condo apartment in TRREB's Middlefield community in Markham, listed for sale at $549,000. The listing shows 1 bathroom and 700-799 square feet. It comes with 1 parking space and a locker (owned) according to the listing. The garage is listed as underground. The nearest main intersection given is Markham / Denison.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing, against the status certificate and in the agreement of purchase and sale.
What it costs to buy 7400 Markham Road 615
At the asking price of $549,000, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $549,000 |
|---|---|
| Ontario land transfer tax | $7,455 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $29,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $188 a month |
|---|---|
| Property tax (2025) | $1,877 a year, about $156 a month |
| Fee and tax together | about $344 a month |
The listing says the fee includes common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. A condo corporation sets its fees in each year's budget, so the amount can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB's Market Watch recorded 55 condo apartment sales in Markham in September 2026, at a median of $535,000 and an average of $574,612. This home is listed at $549,000, which is $14,000 above that median.
A city-wide median covers every size, age and neighbourhood, so it is a reference point and not a valuation of this home. Size, floor, parking, condition and the building's finances all move the price. Our September 2026 market report and our Markham house prices page have the figures for each home type.
What to check before you make an offer
- Order the status certificate. An Ontario condo corporation must give one within 10 days of receiving the request and the fee, which is capped at $100. It shows the common expenses for this unit, any arrears, the budget, the reserve fund and any legal actions. Our guide explains what a status certificate tells you.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker (owned). Ask whether each is owned, exclusive use or rented. Get the unit numbers too.
- Get your financing in writing. A lender looks at the property tax and the monthly fee as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the condition of the hallways and elevators.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
Markham homes and neighbourhoods
This site covers Markham neighbourhood by neighbourhood, with TRREB prices, housing and transit for each one. The search also lists homes in the cities around Markham.
Markham neighbourhood guides · Markham house prices · All Markham homes for sale
Similar homes for sale in Markham
$578,0009 Clegg Road 501, Markham, ON L6G 0H32 bedrooms · 1 bathroom · Condo ApartmentListed by ROYAL LEPAGE SIGNATURE REALTY. MLS® N13470168
$458,88028 Prince Regent Street 305, Markham, ON L6C 0V52 bedrooms · 1 bathroom · Condo ApartmentListed by KW Living Realty. MLS® N13761150
$475,00028 Prince Regent Street 203, Markham, ON L6C 0V52 bedrooms · 1 bathroom · Condo ApartmentListed by KW Living Realty. MLS® N13824434
$457,0007171 Yonge Street E 1712, Markham, ON L3T 0C52 bedrooms · 1 bathroom · Condo ApartmentListed by AIMHOME REALTY INC.. MLS® N13873222
$768,00038 Gandhi Lane 509, Markham, ON L3T 0G92 bedrooms · 2 bathrooms · Condo ApartmentListed by KW Living Realty. MLS® N13832146
$725,00060 South Town Centre Boulevard 1507, Markham, ON L6G 0C52 bedrooms · 2 bathrooms · Condo ApartmentListed by FIRST CLASS REALTY INC.. MLS® N13863714
Questions about 7400 Markham Road 615
How much is land transfer tax on 7400 Markham Road 615?
At the asking price of $549,000 the Ontario land transfer tax is $7,455. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 7400 Markham Road 615?
$29,900 at the asking price of $549,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 7400 Markham Road 615?
The listing shows $188 a month, including common elements and building insurance. Check the current fee in the status certificate.
How much is the property tax on 7400 Markham Road 615?
The listing shows $1,877 a year for 2025, about $156 a month.
Is 7400 Markham Road 615 priced above or below the Markham median?
It is listed at $549,000. TRREB's September 2026 median for condo apartment sales in Markham was $535,000 across 55 sales, so the asking price is $14,000 higher. The median covers every size and neighbourhood.
How do I book a showing for 7400 Markham Road 615?
Use the form on this page or call us. Quote MLS® N13807466. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 7400 Markham Road 615 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.