About a random walk with constant spectral gap
No.

First we have the standard bound for how close the distribution is to stationary after $t$ steps. Letting $v$ be the initial distribution, we have (I write my matrices on the left)
$||(P^tv)_i-(P^t\pi)_i||\le ||P^tv-P^t\pi||_1\le \sqrt n ||P^t(v-\pi)||_2\le \sqrt n \lambda_2^n\sqrt n=n\lambda_2^t$ which is $\le \epsilon$ for $t=\log_{1/\lambda_2}(n/\epsilon)$.

Assume (i) and (ii) hold. So starting from $i$ (or any probability distribution), there is a $\ge \beta - \epsilon$ chance that it hits $j$ on the $\log_{1/\lambda_2}(n/\epsilon)=O_{\lambda_2,\epsilon}(\log n)$th step. If it hasn't hit, there is another $\beta - \epsilon$ chance it will hit in the next so many steps. The expected hitting time is at most $\sum_{m=1}^{\infty}(1-\beta+\epsilon)^{m-1}(\beta-\epsilon) mO_{\lambda_2,\epsilon}(\log n)=O_{\lambda_2,\epsilon,\beta}(\log n)$.