22 Sandpiper Key Way, Markham, ON
Greensborough, Markham · MLS® N13795584
About this home
In short
- Renovated contemporary Meadowlark bungalow with serious style in the heart of Swan Lake Village.
- The main living areas fit your "house sized" furniture and feature vaulted ceilings, engineered hardwood floors, a gas fireplace, and a walk out to the east facing...
- The primary suite overlooks the back gardens & has engineered hardwood, & a fully renovated ensuite bathroom w roll-in shower & quartz countertops.
- There is also a 2nd main floor bedroom located close to a fully renovated 2nd full bath.
- Residents enjoy 24-hour gatehouse security, the Swan Club with fitness centre, indoor pool, library and billiards, plus access to outdoor pools, tennis, pickleball...
Renovated contemporary Meadowlark bungalow with serious style in the heart of Swan Lake Village! Chic decor, modern light fixtures and crisp finishes give this home a glamorous, contemporary feel that is anything but ordinary! The main living areas fit your "house sized" furniture and feature vaulted ceilings, engineered hardwood floors, a gas fireplace, and a walk out to the east facing back deck w bbq hookup. The upgraded kitchen with stainless steel appliances, pantry (former location of laundry), and a cozy eating area w skylight. The primary suite overlooks the back gardens & has engineered hardwood, & a fully renovated ensuite bathroom w roll-in shower & quartz countertops. There is also a 2nd main floor bedroom located close to a fully renovated 2nd full bath. Easy access to the garage from the front hall. Moving downstairs, there is a large living area, a bedroom with a renovated bathroom, and a laundry room (can also be set up on main). Great outdoor space - a west facing front patio to chat with the neighbours or a quiet back deck for bbqs! Updated furnace. Enjoy the ease of condo-style living with the privacy and space of a bungalow, along with all the benefits of Swan Lake Village. Residents enjoy 24-hour gatehouse security, the Swan Club with fitness centre, indoor pool, library and billiards, plus access to outdoor pools, tennis, pickleball, bocce, shuffleboard, walking trails and a full calendar of social activities. Ideally located close to shopping, restaurants, medical services, parks and transit, this is an opportunity to enjoy an easy, active and wonderfully social lifestyle in one of Markham's most sought-after adult communities.
Key facts
- Property type
- Condo Townhouse, Bungalow
- MLS®
- N13795584
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3
- Size
- 1000-1199 sq ft
- Cross streets
- Markham Rd / 16th Ave
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,196/mo
- Exposure
- East West
- Property tax
- $4,126 / 2026
- Days on market
- 32
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
hardwood floor · window · closet
broadloom · 4 pc ensuite · walk-in closet(s)
hardwood floor · window · 3 pc ensuite
hardwood floor · combined w/dining · gas fireplace
hardwood floor · combined w/living · vaulted ceiling(s)
broadloom · pot lights · irregular room
updated · stainless steel appl · overlooks dining
laminate · pot lights · window
hardwood floor · skylight · w/o to deck
Listed at $899,000. 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 $884K, if it sells. A realistic range is $833K to $957K.
Independent value check: $878K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $817K and $923K).
Why $878K. 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.
- ▲ Raises itIts maintenance fee is $1,196 a month; the typical unit sold here pays about $450.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $884K, from 14 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 14 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 $818/sqft against an area asking average of $543/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 $905K. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. 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
- Hardwood floors: quality hardwood is durable and broadly desirable. 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.
For sale
For sale
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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 $878K, which is where my estimate comes from.
Per square foot, these ask about $597/sqft; this home lists at $818/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 $719,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,977
- Property tax
- $344
- Condo / maintenance fees
- $1,196
- Heating
- $0
- Estimated monthly cost
- $5,516
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Estimated closing costs
- $14,455
Plus your down payment of $179,800. 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
- $238,595
- Principal paid down
- $87,873
- Interest paid
- $150,722
- Balance remaining
- $631,327
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 23 whole-home leases in Greensborough signed at a median of $2,777 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,797. 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.