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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N13828872For SaleCondominium

222-7325 Markham Rd

Cedarwood, Markham, Ontario L3S 0C9

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222-7325 Markham Rd, Markham, photo 1
Asking$658,800
Bedrooms
2+1
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$599at the range’s middle
Tax a year
$2,3982026 tax year
Built
6-10
Parking
11 underground
Days on market
Members

The brief

About 222-7325 Markham Rd

222-7325 Markham Rd is a 2+1-bedroom, 2-bathroom condo in Cedarwood, Markham, listed for sale at an asking price of $658,800 (MLS® N13828872).

*GreenLife Energy Saving Building* 8 years New 1005 Sq ft* 9 Feet Ceiling* 2+1 can be a Den or a 3rd Bedroom* 2 Full Baths* Bedrooms Are good Sized* Spacious Kitchen with Granite Counter and Breakfast bar* Laminate Floors Throughout* Spacious Living and Dining with a walk out to west facing Balcony* Stainless Steel Appliances and Stacked Full size Washer/Dryer* Bright, Sunny and Spacious* Building saves on energy cost with Solar Panels and Geothermal Heating* Your Average Utility Bills Under $170 per month for water, heat, hydro per month* Low Property Tax* Very Affordable, perfect for downsizer or first time home Buyer* Building offers lots of Visitors parking, Gym, Party room, Games roof and Security Guard* Wide Hallway and Elevator Lobby for ez wheelchair access* Within Minutes to Costco, Home Depot, Canadian Tire, Shoppers Drug mart, Restaurants, Shops, No Frills, Walmart, and 407 and 401* Prime Markham Location is waiting for you* 1 parking and 1 Locker* Second Parking can be rented*

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$595/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 condos with 3 bedrooms for lease in Cedarwood right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,398 / 2026
MLS® number
N13828872
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
6-10
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: HOMELIFE/GTA REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Cedarwood
Municipality
Markham

Building

Size
1000-1199 sqft
Building Age
6-10
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
2 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Additional

Fireplace
No
Den
No
Family room
No
Extras
S/S Fridge, S/S Stove, S/S Built In Dishwasher, S/S Built In Microwave and Fan, Stacked Full Size Washer and Dryer, New LED Lights and all light fixtures.
Condo maint.
$289

Rooms

RoomSizeFeaturesLevel
Kitchen2.44 × 2.99 mModern Kitchen, Breakfast Bar, Granite CounterFlat
Dining3.11 × 5.18 mLaminate, Combined W/Kitchen, Combined W/LivingFlat
Living3.11 × 5.18 mLaminate, W/O To Balcony, Open ConceptFlat
Primary3.02 × 3.9 mLaminate, 4 Pc EnsuiteFlat
2nd Br2.44 × 2.98 mLaminate, Closet, WindowFlat
Den2.44 × 2.56 mLaminateFlat

Listing history

Buy/sell history for 222-7325 Markham Rd, Markham, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$658,800N/AFor SaleN13828872

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $131,760

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$131,760
Total mortgage amount
$527,040
Total interest payment
$374,760
Total purchase cost
$1,033,560
Mortgage payment
$3,006/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

36%

Monthly carrying cost

$3,495
−$595per month
  • Rent $2,900
  • Shortfall $595

Rental income opens at $2,900, the median asking rent of 7 comparable homes for lease in Cedarwood. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$9,651
Total land transfer tax
$9,651
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$5,651
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $658,800
$5,176
Ontario total
$9,651

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 8 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 m2 water-supply wells recorded within 250 mGroundwater recorded about 10.4 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 8.9 kmNearest rail line: 660 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 90 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • 2 water-supply wells recorded within 250 mAll were drilled for domestic use; 12 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 13.1 m.250 m
  • Groundwater recorded about 10.4 m below ground nearbyThe middle water level in the well records within 500 m (35 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 8.9 km8.9 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 660 m660 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Canada Bread Company, Limited — Stonemill Bakehouse, 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 90 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.90 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Condos for sale in Cedarwood right now

For sale now
5
Median asking price
$700K

Middle half: $659K to $700K

New in 7 days
0

1 in 28 days

Price cuts
0%

0 listings

This home is asking 6% below the median.

See all homes in Cedarwood

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Highway 7 / GalsworthyYRT bus rapid transit: Viva Purple2.9 km
Highway 7 / Main MarkhamYRT bus rapid transit: Viva Purple3 km
Highway 7 / McCowanYRT bus rapid transit: Viva Purple3.4 km
Highway 7 / WoottenYRT bus rapid transit: Viva Purple3.4 km
Markham GOGO Transit train: Stouffville4 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Ellen Fairclough Public SchoolYork Region DSBPublic · grades JK–8300 m84%Grade 6 average
Markham Gateway Public SchoolYork Region DSBPublic · grades JK–8600 m77%Grade 6 average
Sir Richard W Scott Catholic Elementary SchoolYork CDSBCatholic · grades JK–81.3 km93%Grade 6 average
École élémentaire Laure-RièseConseil scolaire ViamondeFrench-language public · grades JK–63.4 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Middlefield Collegiate InstituteYork Region DSBPublic · grades 9–121.2 km72%Grade 9 math
Father Michael McGivney Catholic High SchoolYork CDSBCatholic · grades 9–122.1 km82%Grade 9 math
Markham District High SchoolYork Region DSBPublic · grades 9–123.6 km77%Grade 9 math
Milliken Mills High SchoolYork Region DSBPublic · grades 9–124.4 km75%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in Cedarwood are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record