42 Nicholson Way, Markham, ON
Aileen-Willowbrook, Markham · MLS® N13882792
About this home
In short
- Great opportunity to own a 3-bedroom, 2-full-bath condo townhouse in a desirable, family-friendly location.
- The finished basement provides valuable additional living space, ideal for a recreation room, home office, or family area.
- Ideally located close to parks, schools, public transit, the Thornhill Community Centre & Library, and a variety of shopping and everyday amenities.
Great opportunity to own a 3-bedroom, 2-full-bath condo townhouse in a desirable, family-friendly location. This home offers excellent potential for buyers looking to update and personalize a property to their own taste. The main floor features a walkout to a quaint backyard with a deck, providing a pleasant outdoor space for relaxing or entertaining. South-facing exposure brings in an abundance of natural light.The home is equipped with forced-air gas heating, an important feature that sets it apart from other units in the complex that may have electric baseboard heating. The finished basement provides valuable additional living space, ideal for a recreation room, home office, or family area. Convenient access to the garage and an interlock walkway add to the home's functionality.Ideally located close to parks, schools, public transit, the Thornhill Community Centre & Library, and a variety of shopping and everyday amenities. A great opportunity to renovate and create your own vision in a well-connected, family-friendly neighbourhood.**photos are virtually staged**
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- N13882792
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- Bayview/John
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Maintenance
- $578/mo
- Exposure
- South
- Property tax
- $2,955 / 2025
- Days on market
- 10
- Listing brokerage
- PAUL ZAMMIT REAL ESTATE LTD.
Rooms
Laminate
laminate · walk-in closet(s) · south view
laminate · w/o to deck
laminate · closet · ceiling fan(s)
b/i desk · laminate · closet
laminate · 3 pc bath · pot lights
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.
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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 $573/sqft; this home lists at $589/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Aileen-Willowbrook, 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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $518,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,866
- Property tax
- $246
- Condo / maintenance fees
- $578
- Heating
- $0
- Estimated monthly cost
- $3,691
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,435
- Estimated closing costs
- $9,435
Plus your down payment of $129,600. 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
- $171,979
- Principal paid down
- $63,339
- Interest paid
- $108,640
- Balance remaining
- $455,061
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PAUL ZAMMIT REAL ESTATE LTD.. MLS®/PropTx.