17 Etherington Way, Markham, ON
Victoria Square, Markham · MLS® N13837782
About this home
In short
- 2,600 sqft. of living space with a bright open-concept layout.
- Features 9-ft ceilings, gleaming hardwood floors and an impressive extra-high foyer ceiling.
- Spacious primary bedroom with his-and-her walk-in closets; all bedrooms feature customized built-in closets.
- Builder-finished walk-out basement opens to a deep, private interlocking backyard and offers excellent space for a recreation room, home office, family room or...
- Minutes to Hwy 404, Richmond Green Sports & Park, Upper Unionville, Diamond Back Golf Course, Costco, Home Depot, T&T, restaurants, shopping and more.
Welcome to this exceptional freehold corner townhome in sought-after Victoria Square! Lovingly maintained by the original owners since new, this beautifully kept home is freshly painted and filled with natural light, offering approx. 2,600 sqft. of living space with a bright open-concept layout. Features 9-ft ceilings, gleaming hardwood floors and an impressive extra-high foyer ceiling. Modern kitchen with upgraded quartz countertop (2025), breakfast bar, ample cabinetry and generous workspace. Spacious primary bedroom with his-and-her walk-in closets; all bedrooms feature customized built-in closets. Convenient second-floor laundry. Builder-finished walk-out basement opens to a deep, private interlocking backyard and offers excellent space for a recreation room, home office, family room or children's area. Includes a 4-piece bathroom and can easily be converted into a fourth bedroom. Direct garage access and additional storage add convenience. Premium location facing green space with no sidewalk, providing added privacy and a peaceful setting. Minutes to Hwy 404, Richmond Green Sports & Park, Upper Unionville, Diamond Back Golf Course, Costco, Home Depot, T&T, restaurants, shopping and more. A short walk to Victoria Village Public School (VVSP) and near Sir Wilfrid Laurier Public School's elementary French Immersion program. Also close to Richmond Green Secondary School and St. Augustine Catholic High School. Extras: Refrigerator, washing machine & dryer (all purchased new June 2026), upgraded quartz countertop (2025), brand-new range hood, CAC, HRV ventilation system, window coverings, light fixtures, garage door opener, EV charger and smart thermostat.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13837782
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 29.56 × 107 ft
- Cross streets
- Elgin Mills/Woodbine Ave
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $6,448 / 2025
- Days on market
- 22
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
ceramic floor · w/o to deck · eat-in kitchen
broadloom · double closet
hardwood floor · open concept
broadloom · w/o to yard · 4 pc bath
hardwood floor · open concept
broadloom · closet
broadloom · his and hers closets · 5 pc ensuite
Listed at $999,000. Going by how homes in Victoria Square and the wider GTA have actually closed against their asking prices (about 100%, 11 local closings in 90 days), the likely sale price is near $1.00M, if it sells. A realistic range is $937K to $1.13M.
Independent value check: $1.26M. Without looking at the asking price, our model values the home itself about 26% above the ask (homes like it typically land between $1.18M and $1.32M).
Why $1.26M. The typical townhouse sold in Victoria Square over the past year went for about $1.12M (31 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,448 a year; the typical home sold here pays about $5,600.
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises it slightlyIts lot is 30 by 107 ft; the typical lot sold here is 22 by 69.
Total price vs nearby homes. Likely closing about $1.00M, from 11 recent closings in this pocket.
The market behind the math:
Price per square foot: this home lists at $363/sqft against an area asking average of $548/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Victoria Square basements rarely rent out (2 of 85 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Markham.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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.
It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.30M. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Victoria Square, so I widened the search to the surrounding area.
Based on 11 comparable homes that sold in Victoria Square over the past two years, from 59 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.26M, which is where my estimate comes from.
Per square foot, these ask about $623/sqft; this home lists at $363/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 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 | $1.05M | 53 |
| November 2025 | $1.07M | 36 |
| December 2025 | $1.14M | 29 |
| January 2026 | $1.02M | 28 |
| February 2026 | $1.10M | 23 |
| March 2026 | $1.00M | 33 |
| April 2026 | $1.03M | 37 |
| May 2026 | $1.02M | 56 |
| June 2026 | $953K | 53 |
| July 2026 | $979K | 42 |
| August 2026 | $997K | 38 |
| September 2026 | $912K | 32 |
Neighbourhood & location
Victoria Square, 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 $799,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,419
- Property tax
- $537
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,956
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Estimated closing costs
- $16,455
Plus your down payment of $199,800. 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
- $265,135
- Principal paid down
- $97,647
- Interest paid
- $167,487
- Balance remaining
- $701,553
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
About the suite: in Victoria Square basements rarely rent out (2 of 85 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 27 whole-home leases in Victoria Square signed at a median of $3,750 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,006. 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.