1 Althorp Way, Markham, ON
Greensborough, Markham · MLS® N13823298
About this home
In short
- The main floor features hardwood flooring mixed with porcelain flooring in the bright open concept kitchen, lots of storage space and eco-friendly stainless steel...
- The primary bedroom features a walk-in closet and a 5 piece spa like ensuite bath.
- The newly finished basement with vinyl flooring, 3 piece bath and either a 3rd bedroom or an office, adds room for family visits.
- This house is designed for long term living and has stacked storage rooms on each level that can be turned into an elevator.
- Please find attached some information about how & where to install the elevator.
Welcome to Swan Lake, a community inside the Markham community. An Adult community where everything is at your fingertips with low maintenance fees you live a life without worry, with a 24 hour security gated house, no more cutting your grass, or shovelling snow. This little community offers tons of Adult entertainment and activities for everyday living and enjoying your life without worry. The fun and excitement never stops here, between the beautiful picturesque scenery surronding by trees. The club houses that are available to rent out for family events, also included fitness centre, indoor & outdoor pools, pickleball, bocce, tennis, gym, shufflleboard, walking trails, library & an active social scene with clubs & activities. All the beauty and serenity continue when you step into 1 Althorp Way, a 2 storey end unit no another garage beside, approximately 1,755 Sq ft, upgraded home.The main floor features hardwood flooring mixed with porcelain flooring in the bright open concept kitchen, lots of storage space and eco-friendly stainless steel appliances. Looking over the sink you have the option of watching TV or your pet playing in the fully fenced in backyard. An entertainer's delight with the fireplace, the patio doors and the dining area all at arms reach away.The primary bedroom features a walk-in closet and a 5 piece spa like ensuite bath. The second spacious bedroom offers large closets and a 3 piece ensuite bath. Laundry on the second floor for added convenience.The newly finished basement with vinyl flooring, 3 piece bath and either a 3rd bedroom or an office, adds room for family visits. The large rec room can be transformed into a dream space of your own. This house is designed for long term living and has stacked storage rooms on each level that can be turned into an elevator. Please find attached some information about how & where to install the elevator.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- N13823298
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 4 (1 half)
- Size
- 1600-1799 sq ft
- Cross streets
- 16th Ave and Markham Rd
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Maintenance
- $1,229/mo
- Exposure
- North South
- Property tax
- $4,342 / 2026
- Days on market
- 26
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
Ceramic Floor
broadloom · 3 pc ensuite · large window
broadloom · 5 pc ensuite · walk-in closet(s)
hardwood floor · open concept · w/o to yard
vinyl floor · open concept
hardwood floor · gas fireplace · large window
Vinyl Floor
porcelain floor · open concept · stainless steel appl
Listed at $1,050,000. 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 $1.03M, if it sells. A realistic range is $973K to $1.12M.
Independent value check: $964K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $897K and $1.01M).
Why $964K. The typical townhouse sold in Greensborough over the past year went for about $860K (39 sales). What sets this one apart:
- ▲ Raises itIts maintenance fee is $1,229 a month; the typical unit sold here pays about $450.
- ▲ Raises it2 garage and 4 total parking spaces, against 1 and 2 typically.
- ▲ Raises it slightly2+1 bedrooms and 4 baths, against 2+1 and 3 typically.
Total price vs nearby homes. Likely closing about $1.03M, 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 $618/sqft against an area asking average of $557/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 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
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Elevator: rare and valuable for accessibility and resale. 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 14 comparable homes that sold in Greensborough over the past two years, from 77 closings there.
For sale
For sale
For sale
For sale
For sale
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 $964K, which is where my estimate comes from.
Per square foot, these ask about $508/sqft; this home lists at $618/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 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 21, 2026); conventional rates run a little higher.
Mortgage amount $840,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,645
- Property tax
- $362
- Condo / maintenance fees
- $1,229
- Heating
- $0
- Estimated monthly cost
- $6,235
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,475
- Estimated closing costs
- $17,475
Plus your down payment of $210,000. 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
- $278,670
- Principal paid down
- $102,632
- Interest paid
- $176,038
- Balance remaining
- $737,368
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 22 whole-home leases in Greensborough signed at a median of $3,062 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,371. 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 CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.