2 Wood Duck Island Way, Markham, ON
Greensborough, Markham · MLS® N13815898
About this home
In short
- Rarely offered detached bungaloft (2401sq ft) 2-car garage meticulously renovated throughout in a move-in-ready condition.
- Main level features two large bedrooms, including a spacious primary bedroom with walk-in closet and 5-piece ensuite, and second bedroom with a 3-piece bathroom and...
- An open-concept living and dining space, soaring ceilings, and an custom kitchen with gas range and breakfast area create an elegant and inviting space for everyday...
- The expansive upgraded loft, complete with a newly renovated 3-piece bathroom, offers excellent flexibility as a guest suite, family room, or additional bedroom.
- Additional highlights include high-quality hardwood floors, upgraded lighting, French doors, gas fireplace and custom window coverings.
Rarely offered detached bungaloft (2401sq ft) 2-car garage meticulously renovated throughout in a move-in-ready condition. Enjoy resort-style living in one of Markham's most desirable communities at Swan Lake's gated adult lifestyle community. Main level features two large bedrooms, including a spacious primary bedroom with walk-in closet and 5-piece ensuite, and second bedroom with a 3-piece bathroom and double closet. An open-concept living and dining space, soaring ceilings, and an custom kitchen with gas range and breakfast area create an elegant and inviting space for everyday living and entertaining. A private skylit retreat room provides a quiet space for a library, reading lounge and an office. The expansive upgraded loft, complete with a newly renovated 3-piece bathroom, offers excellent flexibility as a guest suite, family room, or additional bedroom. Fully finished large basement adds additional living space, and includes a large recreation area, bedroom, bathroom, flex room suitable for a walk-in closet or gym, and an upgraded storage room with built-in cabinetry. Multiple walkouts open to a private landscaped backyard with patio, deck, and BBQ gas line. Additional highlights include high-quality hardwood floors, upgraded lighting, French doors, gas fireplace and custom window coverings. All Appliances included. Stainless steel fridge, gas stove, range hood, washer and dryer, furnace, HEPA filter system, garage door opener and 200-amp service which all complete this impressive home.
Key facts
- Property type
- Condo Apartment, Bungaloft
- MLS®
- N13815898
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 4
- Size
- 2250-2499 sq ft
- Cross streets
- Highway #48 & 16th Avenue
- Parking
- 2 garage · 3 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,219/mo
- Exposure
- East
- Property tax
- $5,825 / 2026
- Days on market
- 27
- Listing brokerage
- WEB MAX REALTY INC.
Rooms
hardwood floor · cathedral ceiling(s) · fireplace
walk-out · combined w/kitchen · california shutters
combined w/br · stainless steel appl · pot lights
3 pc bath · overlooks living · broadloom
hardwood floor · combined w/living · open concept
5 pc ensuite · walk-in closet(s) · hardwood floor
hardwood floor · w/o to patio · double closet
hardwood floor · combined w/solarium · w/o to deck
Listed at $1,688,000. Going by how homes in Greensborough and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $1.63M, if it sells. A realistic range is $1.54M to $1.77M.
Independent value check: $1.37M. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $1.28M and $1.44M).
Why $1.37M. The typical condo sold in Greensborough over the past year went for about $741K (17 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,825 a year; the typical home sold here pays about $2,900.
- ▲ Raises it stronglyIt is 2,250 to 2,499 sq ft; the typical home sold here is 1,200 to 1,399.
- ▲ Raises it2 garage and 3 total parking spaces, against 1 and 1 typically.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.63M, from 9 recent closings in this pocket.
The market behind the math:
About 3.7 months of inventory: 11 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $711/sqft against an area asking average of $682/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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.20M. 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($711/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Greensborough, so I widened the search to the surrounding area.
Based on 9 comparable homes that sold in Greensborough over the past two years, from 37 closings there.
For sale
For sale
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 apartment listings on the market. Homes like this one have recently closed around $1.37M, which is where my estimate comes from.
Per square foot, these ask about $565/sqft; this home lists at $711/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 condos in Markham: $533K in September 2026, down 10% from a year ago, on 676 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 | $600K | 61 |
| November 2025 | $610K | 53 |
| December 2025 | $627K | 34 |
| January 2026 | $583K | 40 |
| February 2026 | $550K | 53 |
| March 2026 | $564K | 54 |
| April 2026 | $573K | 68 |
| May 2026 | $563K | 52 |
| June 2026 | $579K | 88 |
| July 2026 | $528K | 61 |
| August 2026 | $552K | 60 |
| September 2026 | $533K | 52 |
Neighbourhood & location
Greensborough, Markham, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,350,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,467
- Property tax
- $485
- Condo / maintenance fees
- $1,219
- Heating
- $0
- Estimated monthly cost
- $9,171
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,235
- Estimated closing costs
- $30,235
Plus your down payment of $337,600. 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
- $447,996
- Principal paid down
- $164,994
- Interest paid
- $283,002
- Balance remaining
- $1,185,406
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 240 whole-home leases in Greensborough signed at a median of $2,303 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,405. 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 WEB MAX REALTY INC.. MLS®/PropTx.