124 Wales Avenue, Markham, ON
Old Markham Village, Markham · MLS® N13764196
About this home
In short
- Rarely Offered End-Unit 3-Bedroom Condo Townhouse in highly sought-after Old Markham Village.
- Walk to schools, parks, shopping, Markham Museum & Mount Joy Community Centre.
- Convenient to GO Transit, public transit & Hwy 407.
Rarely Offered End-Unit 3-Bedroom Condo Townhouse in highly sought-after Old Markham Village! Meticulously maintained and surrounded by mature trees, this charming home features an inviting front porch, bright eat-in kitchen, separate living & dining rooms, crown moulding and a functional layout ideal for families, professionals or downsizers. The finished walk-out rec room with pellet stove opens to a private fenced patio, perfect for relaxing or entertaining. Enjoy a laundry room with ample storage, crawl space, large front storage unit, exclusive covered parking and plenty of visitor parking. Maintenance fees include snow shovelling & grass cutting for easy, low-maintenance living. Steps to Historic Main Street Markham with restaurants, cafés, pubs & boutique shops. Walk to schools, parks, shopping, Markham Museum & Mount Joy Community Centre. Convenient to GO Transit, public transit & Hwy 407. A fantastic opportunity in a prime Markham location!
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- N13764196
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1200-1399 sq ft
- Cross streets
- Main St Markham & 16th Ave
- Parking
- 1 garage (other)
- Basement
- Finished with Walk-Out
- Heating
- Baseboard
- A/C
- None
- Exterior
- Brick
- Maintenance
- $592/mo
- Exposure
- West
- Property tax
- $2,232 / 2026
- Days on market
- 40
- Listing brokerage
- SUTTON GROUP-HERITAGE REALTY INC.
Rooms
large closet · large window · broadloom
w/o to patio · parquet · pellet
overlooks living · parquet
large window · broadloom
closet · large window · parquet
eat-in kitchen · b/i dishwasher
closet · large window · parquet
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Old Markham Village, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 20, 2026); conventional rates run a little higher.
Mortgage amount $559,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,092
- Property tax
- $186
- Condo / maintenance fees
- $592
- Heating
- $0
- Estimated monthly cost
- $3,870
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,455
- Estimated closing costs
- $10,455
Plus your down payment of $139,800. 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
- $185,515
- Principal paid down
- $68,324
- Interest paid
- $117,191
- Balance remaining
- $490,876
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 numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-HERITAGE REALTY INC.. MLS®/PropTx.