7768 Kennedy Road Unit 102, Markham

Price: $489,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13128738

**Attention Downsizers and Young Families!** Discover this efficient and spacious 1+Den condo in Midtown Markham, featuring Ultra-Low Maintenance Fees! The Den serves perfectly as a 2nd bedroom, offering an open-concept layout with 9-ft ceilings and stylish new lightings. Enjoy the convenience of steps to your extra designated parking space from the balcony-NO MORE LONG TRIPS to the underground parking!! Ideally located near major highways, grocery stores, community centres, and essential amenities, this beautiful & well-maintained unit blends comfort, convenience, and sustainability. Don't miss your chance to own this move-in-ready home in one of Markham's most desirable neighbourhoods!!!

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$489,000 - 7768 Kennedy Road Unit 102, Markham

Condo for Sale in Markham

33 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13128738
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
REMAX YC REALTY
Description

**Attention Downsizers and Young Families!** Discover this efficient and spacious 1+Den condo in Midtown Markham, featuring Ultra-Low Maintenance Fees! The Den serves perfectly as a 2nd bedroom, offering an open-concept layout with 9-ft ceilings and stylish new lightings. Enjoy the convenience of steps to your extra designated parking space from the balcony-NO MORE LONG TRIPS to the underground parking!! Ideally located near major highways, grocery stores, community centres, and essential amenities, this beautiful & well-maintained unit blends comfort, convenience, and sustainability. Don't miss your chance to own this move-in-ready home in one of Markham's most desirable neighbourhoods!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,508.82/mo

Includes CMHC insurance ($13,643)

$
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5%10%50%

5-yr fixed avg.

Principal: $440,100Interest: $298,904
Mortgage Amount$453,743
Total Interest$298,904
Est. Property Tax$346/mo
Total Cost$752,647

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Markham

Discover Markham

Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Markham

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

7768 Kennedy Road Unit 102, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$1,362

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $815/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    7768 Kennedy Road Unit 102, Mar… — $489,000 | Battaglia Team