16 Kingfisher Cove Way, Markham, ON
Greensborough, Markham · MLS® N13712814
About this home
In short
- Rarely offered "Seagull" townhome in coveted Swan Lake Village.
- A covered entry leads to a welcoming foyer with cathedral ceilings, garage access, & a smart, open-concept layout designed for main floor living with approximately...
- The bright renovated kitchen features quartz counters & breakfast bar, and and overlooks the combined living/dining area with vaulted ceiling, laminate floors, gas...
- New furnace (2026) & AC(2025).
- Enjoy summer on the secluded back deck surrounded by trees, or stroll to the nearby clubhouse with pool, bocce, and shuffleboard.
Rarely offered "Seagull" townhome in coveted Swan Lake Village. This home is absolutely immaculate and beautifully updated with brand new laminate flooring, renovated kitchen and fresh paint through the main floor! A covered entry leads to a welcoming foyer with cathedral ceilings, garage access, & a smart, open-concept layout designed for main floor living with approximately 1065 square feet on the main floor + a fully finished basement. The bright renovated kitchen features quartz counters & breakfast bar, and and overlooks the combined living/dining area with vaulted ceiling, laminate floors, gas fireplace, & walkout to a private deck with BBQ hookup. Two main floor bedrooms include a front bedroom with laminate floors &closet, & nearby 3-pc bath, plans a primary suite with two closets & a full bathroom with stein tub/shower. The finished lower level adds nearly 1000 square feet of additional space with spacious rec room, den, built in storage space, and a 2 pc bathroom. New furnace (2026) & AC(2025). Enjoy summer on the secluded back deck surrounded by trees, or stroll to the nearby clubhouse with pool, bocce, and shuffleboard. Swan Lake Village is a gated, master-planned neighbourhood designed for carefree living. Residents enjoy 24-hour gatehouse security, low-maintenance exteriors, & a wealth of amenities including a clubhouse, indoor & outdoor pools, pickleball, bocce, tennis, gym, walking trails, & an active social scene with clubs &activities. Ideally located in Markham Village, you're minutes from shops, restaurants, medical services, and transit. Experience the best of friendly, connected living in a secure, beautifully maintained setting.
Key facts
- Property type
- Condo Townhouse, Bungalow
- MLS®
- N13712814
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 1000-1199 sq ft
- Cross streets
- Sixteeth Ave/ Markham Rd
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,196/mo
- Exposure
- North South
- Property tax
- $3,519 / 2026
- Days on market
- 54
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
laminate · closet · window
broadloom · window
laminate · combined w/dining · w/o to deck
fireplace · vaulted ceiling(s) · combined w/living
double closet · 3 pc bath · irregular room
broadloom · l-shaped room · closet
laminate · breakfast bar · irregular room
laminate · his and hers closets · 4 pc ensuite
Listed at $875,000. 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 $861K, if it sells. A realistic range is $811K to $931K.
Independent value check: $783K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $728K and $823K).
Why $783K. The typical townhouse sold in Greensborough over the past year went for about $860K (39 sales). What sets this one apart:
- ▼ Lowers it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 1,600 to 1,799.
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,519 a year; the typical home sold here pays about $4,300.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Longer on the market than typical. 54 days on the market against about 32 for homes like it here, and asking 12% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $861K, from 14 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $796/sqft against an area asking average of $546/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 $839K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- 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
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 3 homes sold in this building over the past two years, plus 2 nearby in Greensborough, from 77 closings in Greensborough.
For sale
For sale
For sale
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For sale
For saleNothing 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 $783K, which is where my estimate comes from.
Per square foot, these ask about $630/sqft; this home lists at $796/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $808K | 24 |
| November 2025 | $778K | 12 |
| December 2025 | $715K | 12 |
| January 2026 | $825K | 12 |
| February 2026 | $743K | 24 |
| March 2026 | $815K | 21 |
| April 2026 | $829K | 10 |
| May 2026 | $760K | 31 |
| June 2026 | $751K | 26 |
| July 2026 | $717K | 28 |
| August 2026 | $765K | 25 |
| September 2026 | $710K | 20 |
Neighbourhood & location
Greensborough, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $700,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,870
- Property tax
- $293
- Condo / maintenance fees
- $1,196
- Heating
- $0
- Estimated monthly cost
- $5,360
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,975
- Estimated closing costs
- $13,975
Plus your down payment of $175,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $232,225
- Principal paid down
- $85,527
- Interest paid
- $146,698
- Balance remaining
- $614,473
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 24 whole-home leases in Greensborough signed at a median of $2,757 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,718. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ALL-STARS REALTY INC.. MLS®/PropTx.