241-318 John Street, Markham, ON

Aileen-Willowbrook, Markham · MLS® N13854820

$619,000
For Sale
Listed 17 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Rarely offered newer townhome in this complex in a highly desirable community.
  • Spacious 2-bedroom plus den residence offers a thoughtfully designed open-concept layout.
  • Upstairs, discover two spacious bedrooms, a renovated full bathroom, and a versatile, bright den, ideal for a dedicated home office.
  • Easy access to Highways 407, 404 and 401.

Rarely offered newer townhome in this complex in a highly desirable community. Spacious 2-bedroom plus den residence offers a thoughtfully designed open-concept layout. The bright living and dining area is filled with natural light and seamlessly connects to an updated kitchen with stainless steel appliances and an ample breakfast area. Upstairs, discover two spacious bedrooms, a renovated full bathroom, and a versatile, bright den, ideal for a dedicated home office. The crown jewel is the expansive private rooftop terrace with sunny exposure, perfect for morning coffee or outdoor dining with family and friends. Complete with ensuite laundry, underground parking and dedicated locker storage. Well-managed complex includes a delightful parkette for families. Nestled in the prime Aileen-Willowbrook/Thornhill community, the location is unparalleled. Steps away from top-ranked schools, lush parks and convenient shopping, fine dining and community centre. Easy access to Highways 407, 404 and 401. Perfect opportunity for first-time buyers, young families or downsizers seeking turn-key living in a prestigious location.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N13854820
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Bayview/John
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$580/mo
Exposure
West
Property tax
$3,347 / 2026
Days on market
17
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

BedroomSecond3.73 × 0.32 m

laminate · west view · closet

KitchenMain4.09 × 2.87 m

ceramic floor · eat-in kitchen · overlooks living

Dining RoomMain2.87 × 3.45 m

laminate · west view

Bedroom 2Second2.67 × 2.64 m

laminate · west view · closet

Living RoomMain3.18 × 11.32 m

laminate · west view

DenSecond3.04 × 3.10 m

Laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$604Klikely sale price

Listed at $619,000. Going by how homes in Aileen-Willowbrook and the wider GTA have actually closed against their asking prices (about 98%, 6 local closings in 90 days), the likely sale price is near $604K, if it sells. A realistic range is $569K to $654K.

Independent value check: $672K. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $625K and $706K).

Why $672K. The typical townhouse sold in Aileen-Willowbrook over the past year went for about $655K (29 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $3,347 a year; the typical home sold here pays about $3,100.
List price
$569KBelow recent closings$654KAbove recent closings

Total price vs nearby homes. Likely closing about $604K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$632Kmedian sold price
96%of asking, on average
−13%prices vs a year ago
~46 dayshomes like this take to sell
17days on market so far
$2,795/moest. rent · 62 leases
5.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.5 months of inventory: 11 condo townhouse homes for sale in the area against 6 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 $563/sqft against an area asking average of $620/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $635K. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Aileen-Willowbrook, so I widened the search to the surrounding area.

Based on 6 comparable homes that sold in Aileen-Willowbrook over the past two years, from 65 closings there.

What sellers nearby are askingCurrently listed nearby in Aileen-Willowbrook · asking prices
$636kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $578/sqft; this home lists at $563/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
619kThis home648k660k599kThis home vs active comparables

Sold 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.

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$808K24
November 2025$778K12
December 2025$715K12
January 2026$825K12
February 2026$743K24
March 2026$815K21
April 2026$829K10
May 2026$760K31
June 2026$751K26
July 2026$717K28
August 2026$765K25
September 2026$710K20

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.

Bayview Fairway-Bayview Country Club Estates
$699K
Royal Orchard
$909K
Commerce Valley
$1.31M
German Mills
$890K
Unionville
$893K

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
$2,821/mo
$131KIncome needed
4.7×Price ÷ income
$651Weekly cost
$8,855Land 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.

77%mortgage
Mortgage $2,821Property tax $279Condo fee $580Total carry $3,680

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,738per month

Mortgage amount $495,200 · 4.49% over 25 years

$123,800Down payment (20.0%)
$495,200Loan before insurance
$0CMHC premium
$3,597Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,738
Property tax
$279
Condo / maintenance fees
$580
Heating
$0
Estimated monthly cost
$3,597

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

One-time closing costs

Ontario land transfer tax
$8,855
Estimated closing costs
$8,855

Plus your down payment of $123,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,314/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

$326,214Total interest paid
$821,414Total of all payments
Principal $495,200 Interest $326,214
YearPrincipalInterestBalance
1$11,051$21,806$484,149
2$11,553$21,304$472,597
3$12,077$20,780$460,520
4$12,625$20,231$447,894
5$13,199$19,658$434,696
6$13,798$19,059$420,898
7$14,424$18,432$406,473
8$15,079$17,777$391,394
9$15,764$17,093$375,630
10$16,480$16,377$359,150
11$17,228$15,629$341,923
12$18,010$14,846$323,912
13$18,828$14,029$305,084
14$19,683$13,174$285,402
15$20,576$12,280$264,825
16$21,511$11,346$243,315
17$22,487$10,369$220,827
18$23,508$9,348$197,319
19$24,576$8,281$172,743
20$25,692$7,165$147,051
21$26,858$5,998$120,193
22$28,078$4,779$92,116
23$29,352$3,504$62,763
24$30,685$2,171$32,078
25$32,078$778$0

At the end of your 5-year term

Total paid over the term
$164,283
Principal paid down
$60,504
Interest paid
$103,778
Balance remaining
$434,696

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 62 whole-home leases in Aileen-Willowbrook$2,795/mo
$33,540Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,645 to $3,058Typical rent range
~11 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 62 whole-home leases in Aileen-Willowbrook signed at a median of $2,681 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,795. 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.

5.4%
Gross yield
− Property tax $3,347− Condo fees $6,960− Insurance $600− Vacancy & upkeep $3,689Net operating income $18,944

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.

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