307-55 The Boardwalk Way, Markham, ON

Greensborough, Markham · MLS® N13855688

$829,900
For Sale
Listed 17 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1600-1799Sq ft

About this home

In short

  • Bright and Updated 1643 Sq.
  • Open Concept Living and Dining Areas Feature Hardwood Floors, Electric Fireplace and Walk-Out To A Covered Balcony.
  • Generous Primary Bedroom With His & Hers Double Closets and Beautifully Renovated Ensuite With Oversized Walk-In Shower.
  • Elevator Replacement Scheduled For September 2026, Approx.
  • 6-8 Weeks; No Elevator Access During This Period.

Bright and Updated 1643 Sq. Ft. Corner Unit in Gated Community of Swan Lake Offers A Desirable Split Bedroom Layout, Premium Northeast Exposure and Beautiful Treed Views. Open Concept Living and Dining Areas Feature Hardwood Floors, Electric Fireplace and Walk-Out To A Covered Balcony. Large Eat-In Kitchen With Quartz Countertops, Stainless Steel Appliances, Custom Centre Island, Breakfast Bar and Ample Storage. Generous Primary Bedroom With His & Hers Double Closets and Beautifully Renovated Ensuite With Oversized Walk-In Shower. Second Bedroom Offers Flexibility As A Guest Room Or Den, With A Second Full Bathroom Nearby. Dedicated Laundry Room With Additional Storage Space. Enjoy Maintenance-Free Living With 24hr Gatehouse Security And Resort-Style Amenities With Tennis Courts, Exercise Room, Fitness Classes, Party Room, Indoor & Out Door Pools And More. Includes Parking and Locker. Maintenance Fees Include Water, Cable, High-Speed Internet, Building Insurance and Use Of Amenities. Elevator Replacement Scheduled For September 2026, Approx. 6-8 Weeks; No Elevator Access During This Period.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13855688
Bedrooms
2
Bathrooms
2 (1 half)
Size
1600-1799 sq ft
Cross streets
16th Ave East Of 48
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,342/mo
Exposure
North East
Property tax
$3,853 / 2026
Days on market
17
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

BreakfastGround4.35 × 2.56 m
Dining RoomGround4.88 × 2.54 m

hardwood floor · combined w/living

KitchenGround4.35 × 3.64 m

centre island · eat-in kitchen

LaundryGround2.25 × 1.94 m
Primary BedroomGround6.82 × 3.62 m

hardwood floor · 4 pc ensuite · his and hers closets

Living RoomGround4.88 × 3.81 m

hardwood floor · w/o to balcony · combined w/dining

Bedroom 2Ground4.45 × 3.28 m

hardwood floor · double closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Greensborough · asking prices
$646kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $800/sqft; this home lists at $488/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
830kThis home829k658k575k596k574kThis home vs active comparables

Neighbourhood & location

Greensborough, 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.

Wismer
$438K
Unionville
$636K
Cathedraltown
$530K
Commerce Valley
$561K
Aileen-Willowbrook
$674K

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
$3,782/mo
$183KIncome needed
4.5×Price ÷ income
$873Weekly cost
$13,073Land 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.

69%mortgage
Mortgage $3,782Property tax $321Condo fee $1,342Total carry $5,445

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)
$3,671per month

Mortgage amount $663,920 · 4.49% over 25 years

$165,980Down payment (20.0%)
$663,920Loan before insurance
$0CMHC premium
$5,334Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,671
Property tax
$321
Condo / maintenance fees
$1,342
Heating
$0
Estimated monthly cost
$5,334

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

One-time closing costs

Ontario land transfer tax
$13,073
Estimated closing costs
$13,073

Plus your down payment of $165,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,443/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

$437,358Total interest paid
$1,101,278Total of all payments
Principal $663,920 Interest $437,358
YearPrincipalInterestBalance
1$14,816$29,235$649,104
2$15,489$28,563$633,616
3$16,192$27,859$617,424
4$16,927$27,124$600,497
5$17,696$26,356$582,801
6$18,499$25,552$564,302
7$19,339$24,712$544,963
8$20,217$23,834$524,746
9$21,135$22,916$503,611
10$22,095$21,957$481,517
11$23,098$20,953$458,419
12$24,146$19,905$434,273
13$25,243$18,808$409,030
14$26,389$17,662$382,641
15$27,587$16,464$355,054
16$28,840$15,212$326,214
17$30,149$13,902$296,065
18$31,518$12,533$264,547
19$32,949$11,102$231,599
20$34,445$9,606$197,154
21$36,009$8,042$161,145
22$37,644$6,407$123,501
23$39,353$4,698$84,148
24$41,140$2,911$43,008
25$43,008$1,043$0

At the end of your 5-year term

Total paid over the term
$220,256
Principal paid down
$81,119
Interest paid
$139,137
Balance remaining
$582,801

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
Estimate$5,450/mo
$65,400Gross annual rent
4.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

7.9%
Gross yield
− Property tax $3,853− Condo fees $16,101− Insurance $600− Vacancy & upkeep $7,194Net operating income $37,652

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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