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Gem2 Condos

7325 Markham Rd, Markham

Features

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Price/Sqft Range

1000 sqft - 1199 sqft

Avg Price/Sqft

$636 / sq. ft.

Completed

Built: 2018

Building Scale

Floors: 8 | Total Units: 261

Building Details

Building Type

Mid-Rise condo

Property Management

Built in 2018

Condo Corp

YRCC-1369

Date Registered

Apr 25, 2018

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Building Insurance

Parking

Description

1 - About Gem2 Condos

  • Address: 7325 Markham Rd, Markham
  • Neighbourhood: Cedarwood (Middlefield | Armadale)
  • Storeys: 8
  • Units: 261
  • Built Year: 2018
  • Builder: Del Ridge
  • Building Type: Mid-Rise Condo
  • Average Price: $Contact for Pricing / sq. ft.

2 - Overview of Gem2 Condos

Gem2 Condos is an eight-storey mid-rise residential development completed in 2018. The building is registered under condominium corporation YRCC-1369 and was purpose-built for residential use, with no prior history as a commercial or industrial conversion.

The 261-unit building maintains a mid-rise architectural profile and was designed to address housing demand in the Markham area. The project emphasizes functional efficiency and sustainable ownership, positioning itself as a practical choice for the local real estate market.

3 - Suite Sizes & Value

Gem2 Condos focuses on delivering high-value ownership through strategic cost management. Del Ridge marketed the project with the ambitious claim of offering the "Lowest Condo Fees in Canada," targeting budget-conscious buyers seeking predictable carrying costs.

The maintenance fee structure includes major residential expenses such as heat and air conditioning, providing owners with financial transparency. Additional coverage extends to common elements, building insurance, and visitor parking. This comprehensive approach to fee management creates a competitive advantage for buyers prioritizing stable monthly expenses and long-term investment value.

4 - Building Amenities & Features

  • Meeting Room: Professional space for resident business meetings and organized gatherings
  • Recreation Room: Common area designed for social activities and leisure pursuits
  • Visitor Parking: Dedicated on-site parking spaces for guests
  • Security System: Modern security infrastructure ensuring resident safety and building protection
  • Utility-Inclusive Maintenance: Comprehensive fee structure covering heat, air conditioning, common elements, building insurance, and parking

5 - Location Highlights

  • Parks: Eight-minute walking distance to Peace Park, Unity Park, and Brando Park
  • Education: Convenient access to Ellen Fairclough Public School, Cedarwood Public School, and Markham Gateway Public School within walking radius
  • Secondary Education: Middlefield Collegiate Institute located three minutes by car
  • Transit: Direct access to York Region Transit routes, TTC connections, and Highway 407
  • Retail & Groceries: Nearby shopping at Costco, Home Depot, Canadian Tire, Sunny Food Mart, and Spicetown Halal Meat & Vegetable Supermarket
  • Dining: Local restaurant options including Kuku's Den, Gasa Restaurant, and Wow! Wing House

6 - Lifestyle Near Gem2 Condos

The Cedarwood and Middlefield area offers a functional urban environment with a walk score of 60, supported by diverse amenities and essential services. The neighbourhood features a notable concentration of halal markets and ethnic dining establishments, reflecting the area's multicultural character.

This family-oriented community benefits from multiple public schools and accessible park spaces, contributing to residential stability and low turnover rates. The area attracts practical homebuyers who value proximity to transit corridors, major retail centres, and everyday conveniences. The combination of affordability and accessibility makes it particularly appealing to first-time buyers and young families.

7 - About the Developer

Del Ridge, operating as Del Ridge Homes Inc., developed the Gem Condos series in Markham with a focus on affordability and sustainable building practices. The company has built its reputation on maintaining low maintenance fees while delivering safe and sustainable residential projects.

Their management philosophy emphasizes long-term financial predictability for owners, achieved through efficient building operations and comprehensive maintenance fee structures. This approach has positioned Del Ridge as a developer committed to creating value-oriented housing solutions in the Greater Toronto Area market.


Neighborhood

Clear View
Hospital
Library
Place Of Worship
Public Transit
Rec Centre

Building Sales History

Aug 2026 — 1 Listed | 0 Sold

123 days on market

MLS® # N12949456

Aug 4, 2026

Expired

Apr 2, 2026

Listed For Sale

$709,990
Jul 2026 — 1 Listed | 0 Sold

115 days on market

MLS® # N12930120

Jul 21, 2026

Terminated

Mar 27, 2026

Listed For Sale

$649,900
Apr 2026 — 1 Listed | 1 Sold

25 days on market

MLS® # N12854572

Apr 16, 2026

Sold

Mar 6, 2026

Listed For Sale

$669,900
Mar 2026 — 2 Listed | 1 Sold

129 days on market

MLS® # N12560774

Mar 28, 2026

Terminated

Nov 19, 2025

Listed For Sale

$699,900

44 days on market

MLS® # N12752710

Mar 20, 2026

Sold

Feb 3, 2026

Listed For Sale

$699,000
Feb 2026 — 1 Listed | 1 Sold

35 days on market

MLS® # N12719886

Feb 27, 2026

Sold

Jan 22, 2026

Listed For Sale

$499,000

Cedarwood Insights

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Sale Price

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Generated based on property type and location. Average values are derived using median calculations.