69 Louisbourg Way, Markham, ON

Greensborough, Markham · MLS® N13639248

$1,149,000
For Sale
Listed 76 days agoNo offer date stated
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2Bedrooms
4Bathrooms
2Garage · 4 parking
2500-2749Sq ft

About this home

In short

  • Discover exceptional lifestyle in Swan Lake Village, Markham's premier gated adult lifestyle community, with resort-inspired amenities, 24-hr gated security...
  • Residents enjoy an impressive clubhouse featuring an indoor salt water pool, fitness centre, billiards, library, organized social events, plus outdoor pools, tennis...
  • Rarely offered, this elegant townhome offers approx 2,500 sq. ft. of finished living space and private elevator.
  • The home features a 2-car garage plus a private double driveway.
  • The dramatic living and dining rooms showcase soaring vaulted ceilings with a walk-out to your own professionally landscaped backyard retreat, complete with an...

Discover exceptional lifestyle in Swan Lake Village, Markham's premier gated adult lifestyle community, with resort-inspired amenities, 24-hr gated security, landscaped grounds and an active social atmosphere creating one of the GTA's most sought-after retirement destinations. Residents enjoy an impressive clubhouse featuring an indoor salt water pool, fitness centre, billiards, library, organized social events, plus outdoor pools, tennis, pickleball, bocce, walking trails and tranquil lake views minutes from Historic-Main Street Markham, shopping, restaurants and essential services. Rarely offered, this elegant townhome offers approx 2,500 sq. ft. of finished living space and private elevator. Lovingly maintained with numerous upgrades throughout. The home features a 2-car garage plus a private double driveway. The dramatic living and dining rooms showcase soaring vaulted ceilings with a walk-out to your own professionally landscaped backyard retreat, complete with an expansive deck and BBQ - perfect for relaxing or hosting family and friends. The spacious second-floor family room easily converts to a 2nd bedroom, offering flexibility to suit your lifestyle. The finished lower level is ideal for extended family, overnight guests or a live-in caregiver, complete with its own kitchen and a 3-piece bathroom. Luxurious improvements include Heated ensuite bathroom floor, large walk-in shower, dressing table, ceiling fans in primary bedroom and den. Kitchen with easy access gliding shelves. Double oven G.E. CAFE stove. Miele dishwasher and Kitchen Aid fridge (and a fridge on lower level) and over the range Microwave with steamer & air fryer capabilities. This is a rare opportunity to enjoy luxurious, low-maintenance living without compromising on space, privacy or comfort in one of Markham's most prestigious gated communities. Experience the security, elegance and vibrant lifestyle that makes Swan Lake Village truly unlike anywhere else. This home is truly move in ready!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N13639248
Bedrooms
2
Bathrooms
4 (1 half)
Size
2500-2749 sq ft
Cross streets
Markham Road and 16TH Avenue
Parking
2 garage · 4 parking (built-in)
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,219/mo
Exposure
East West
Property tax
$4,755 / 2026
Days on market
76
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Furnace RoomBasement2.03 × 1.77 m
OfficeBasement3.40 × 2.97 m

vinyl floor · pot lights · window

Living RoomMain5.10 × 3.30 m

parquet · fireplace · vaulted ceiling(s)

Primary BedroomSecond7.23 × 5.15 m

parquet · walk-in closet(s) · ensuite bath

BedroomBasement3.45 × 3.30 m

vinyl floor · double closet · window

FoyerMain2.05 × 1.52 m

parquet · 2 pc ensuite

Bedroom 2Second4.92 × 4.09 m

parquet · double closet · window

Dining RoomMain3.93 × 3.12 m

parquet · w/o to terrace · vaulted ceiling(s)

KitchenBasement3.42 × 2.77 m

vinyl floor · pot lights · window

KitchenMain3.65 × 3.50 m

parquet · stainless steel appl · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.13Mlikely sale price

Listed at $1,149,000. Going by how homes in Greensborough and the wider GTA have actually closed against their asking prices (about 98%, 14 local closings in 90 days), the likely sale price is near $1.13M, if it sells. A realistic range is $1.06M to $1.22M.

Independent value check: $1.24M. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $1.16M and $1.31M).

Why $1.24M. The typical townhouse sold in Greensborough over the past year went for about $860K (39 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 2,500 to 2,749 sq ft; the typical home sold here is 1,600 to 1,799.
  • ▲ Raises itIts maintenance fee is $1,219 a month; the typical unit sold here pays about $450.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,755 a year; the typical home sold here pays about $4,300.
  • ▲ Raises it2 garage and 4 total parking spaces, against 1 and 2 typically.
List price
$1.06MBelow recent closings$1.22MAbove recent closings

Total price vs nearby homes. Likely closing about $1.13M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$817Kmedian sold price
98%of asking, on average
−7%prices vs a year ago
~21 dayshomes like this take to sell
76days on market so far
$3,775/moest. rent · 34 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 12 condo townhouse homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $438/sqft against an area asking average of $576/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.16M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Greensborough, so I widened the search to the surrounding area.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Greensborough, from 77 closings in Greensborough.

What sellers nearby are askingCurrently listed nearby in Greensborough · asking prices
$1.05Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $1.24M, which is where my estimate comes from.

Per square foot, these ask about $576/sqft; this home lists at $438/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.15MThis home1.03M1000k1.05M875k1.30MThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Markham: $710K in September 2026, down 6% from a year ago, on 245 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$808K24
November 2025$778K12
December 2025$715K12
January 2026$825K12
February 2026$743K24
March 2026$815K21
April 2026$829K10
May 2026$760K31
June 2026$751K26
July 2026$717K28
August 2026$765K25
September 2026$710K20

Neighbourhood & location

Greensborough, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Old Markham Village
$699K
Markham Village
$699K
Cornell
$588K
Unionville
$893K
Commerce Valley
$1.31M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$5,237/mo
$238KIncome needed
4.8×Price ÷ income
$1,208Weekly cost
$19,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

76%mortgage
Mortgage $5,237Property tax $396Condo fee $1,219Total carry $6,852

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,082per month

Mortgage amount $919,200 · 4.49% over 25 years

$229,800Down payment (20.0%)
$919,200Loan before insurance
$0CMHC premium
$6,698Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,082
Property tax
$396
Condo / maintenance fees
$1,219
Heating
$0
Estimated monthly cost
$6,698

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$19,455
Estimated closing costs
$19,455

Plus your down payment of $229,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,151/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$605,524Total interest paid
$1,524,724Total of all payments
Principal $919,200 Interest $605,524
YearPrincipalInterestBalance
1$20,513$40,476$898,687
2$21,444$39,545$877,243
3$22,418$38,571$854,826
4$23,435$37,553$831,390
5$24,500$36,489$806,891
6$25,612$35,377$781,279
7$26,775$34,214$754,504
8$27,990$32,998$726,514
9$29,261$31,728$697,252
10$30,590$30,399$666,662
11$31,979$29,010$634,683
12$33,431$27,558$601,253
13$34,949$26,040$566,304
14$36,536$24,453$529,768
15$38,194$22,795$491,574
16$39,929$21,060$451,645
17$41,741$19,247$409,904
18$43,637$17,352$366,267
19$45,618$15,371$320,649
20$47,689$13,300$272,960
21$49,855$11,134$223,105
22$52,118$8,871$170,987
23$54,484$6,504$116,503
24$56,958$4,031$59,544
25$59,544$1,445$0

At the end of your 5-year term

Total paid over the term
$304,945
Principal paid down
$112,309
Interest paid
$192,636
Balance remaining
$806,891

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 34 whole-home leases in Greensborough$3,775/mo
$45,300Gross annual rent
1.8%Cap rate after taxes and upkeep
$3,159 to $4,041Typical rent range
~26 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 34 whole-home leases in Greensborough signed at a median of $2,717 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,775. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.9%
Gross yield
− Property tax $4,755− Condo fees $14,633− Insurance $600− Vacancy & upkeep $4,983Net operating income $20,329

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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