204-7905 Bayview Avenue, Markham, ON

Aileen-Willowbrook, Markham · MLS® N13812170

$948,000
For Sale
Listed 28 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage
1600-1799Sq ft

About this home

In short

  • Welcome to this beautifully renovated corner suite at The Landmark of Thornhill.
  • Offering over 1,600 sq. ft. of spacious, light-filled living, this rare "2+1" layout features expansive windows, a generous open-concept design and a newly renovated...
  • The primary suite is complete with a superb walk-in closet and a luxurious 5-piece ensuite featuring a soaker tub and separate walk-in shower.
  • Enjoy the ease of hotel-like living with exceptional building amenities, 24-hour security and beautifully maintained grounds.

Welcome to this beautifully renovated corner suite at The Landmark of Thornhill. Offering over 1,600 sq. ft. of spacious, light-filled living, this rare "2+1" layout features expansive windows, a generous open-concept design and a newly renovated interior throughout.The spacious eat in kitchen offers ample custom cabinetry and while the enlarged living space provides the perfect spot for a home office, sitting area or den. The primary suite is complete with a superb walk-in closet and a luxurious 5-piece ensuite featuring a soaker tub and separate walk-in shower. A generous second bedroom and beautifully updated second bathroom complete the space. Enjoy the ease of hotel-like living with exceptional building amenities, 24-hour security and beautifully maintained grounds. Two owned underground parking spaces and a large storage locker are included. Must be seen, show with confidence!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13812170
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1600-1799 sq ft
Cross streets
Bayview Ave & Green Lane
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,240/mo
Exposure
North East
Property tax
$3,636 / 2026
Days on market
28
Listing brokerage
KELLER WILLIAMS REALTY CENTRES

Rooms

Primary BedroomFlat7.39 × 4.32 m

5 pc ensuite · walk-in closet(s) · large window

Dining RoomFlat4.57 × 2.90 m

open concept · large window · combined w/den

Living RoomFlat6.70 × 3.35 m

open concept · electric fireplace · b/i shelves

Bedroom 2Flat3.96 × 3.04 m

double closet · mirrored closet · large window

DenFlat4.57 × 2.90 m

open concept · large window · vinyl floor

LaundryFlat1.34 × 0.89 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$919Klikely sale price

Listed at $948,000. Going by how homes in Aileen-Willowbrook and the wider GTA have actually closed against their asking prices (about 97%, 5 local closings in 90 days), the likely sale price is near $919K, if it sells. A realistic range is $866K to $994K.

Independent value check: $928K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $864K and $976K).

Why $928K. The typical condo sold in Aileen-Willowbrook over the past year went for about $703K (18 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,636 a year; the typical home sold here pays about $3,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIt is 1,600 to 1,799 sq ft; the typical home sold here is 1,400 to 1,599.
List price
$866KBelow recent closings$994KAbove recent closings

Total price vs nearby homes. Likely closing about $919K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$715Kmedian sold price
97%of asking, on average
−18%prices vs a year ago
~21 dayshomes like this take to sell
28days on market so far
$3,707/moest. rent · 7 leases
4.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.4 months of inventory: 9 condo apartment homes for sale in the area against 5 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 $558/sqft against an area asking average of $525/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $953K. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 13 homes sold in this building over the past two years, from 47 closings in Aileen-Willowbrook.

What sellers nearby are askingCurrently listed nearby in Aileen-Willowbrook · asking prices
$736kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $928K, which is where my estimate comes from.

Per square foot, these ask about $471/sqft; this home lists at $558/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
948kThis home769k680k759kThis home vs active comparables

Sold price trend

Median sold price for condos in Markham: $533K in September 2026, down 10% from a year ago, on 676 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$600K61
November 2025$610K53
December 2025$627K34
January 2026$583K40
February 2026$550K53
March 2026$564K54
April 2026$573K68
May 2026$563K52
June 2026$579K88
July 2026$528K61
August 2026$552K60
September 2026$533K52

Neighbourhood & location

Aileen-Willowbrook, 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.

Royal Orchard
$1.64M
Commerce Valley
$541K
Thornhill
$588K
Grandview
$491K
Unionville
$636K

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
$4,321/mo
$200KIncome needed
4.7×Price ÷ income
$997Weekly cost
$15,435Land 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.

74%mortgage
Mortgage $4,321Property tax $303Condo fee $1,240Total carry $5,864

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,193per month

Mortgage amount $758,400 · 4.49% over 25 years

$189,600Down payment (20.0%)
$758,400Loan before insurance
$0CMHC premium
$5,736Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,193
Property tax
$303
Condo / maintenance fees
$1,240
Heating
$0
Estimated monthly cost
$5,736

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

One-time closing costs

Ontario land transfer tax
$15,435
Estimated closing costs
$15,435

Plus your down payment of $189,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,075/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

$499,597Total interest paid
$1,257,997Total of all payments
Principal $758,400 Interest $499,597
YearPrincipalInterestBalance
1$16,924$33,396$741,476
2$17,693$32,627$723,783
3$18,496$31,824$705,287
4$19,336$30,984$685,951
5$20,214$30,106$665,738
6$21,132$29,188$644,606
7$22,091$28,229$622,515
8$23,094$27,226$599,421
9$24,143$26,177$575,279
10$25,239$25,081$550,040
11$26,385$23,935$523,655
12$27,583$22,737$496,073
13$28,835$21,485$467,238
14$30,144$20,176$437,093
15$31,513$18,807$405,581
16$32,944$17,376$372,637
17$34,439$15,880$338,197
18$36,003$14,317$302,194
19$37,638$12,682$264,556
20$39,347$10,973$225,210
21$41,133$9,187$184,076
22$43,001$7,319$141,076
23$44,953$5,367$96,122
24$46,994$3,326$49,128
25$49,128$1,192$0

At the end of your 5-year term

Total paid over the term
$251,599
Principal paid down
$92,662
Interest paid
$158,937
Balance remaining
$665,738

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 7 whole-home leases in Aileen-Willowbrook$3,707/mo
$44,484Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,411 to $4,004Typical 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 7 whole-home leases in Aileen-Willowbrook signed at a median of $3,807 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,707. 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.

4.7%
Gross yield
− Property tax $3,636− Condo fees $14,885− Insurance $600− Vacancy & upkeep $4,893Net operating income $20,470

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REALTY CENTRES. MLS®/PropTx.

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