4 New Port Way, Markham, ON
Thornhill, Markham · MLS® N14080502
About this home
In short
- Welcome to 4 New Port Way, a rarely offered 3-storey semi-detached condo in a quiet, family-oriented neighbourhood with city conveniences.
- 1,600 sq ft of living space including the finished basement.
- The living room features soaring 13 ft ceilings, an electric fireplace with custom built-in wall unit and a walkout to a fully enclosed backyard with custom deck and...
- Primary retreat with upgraded 3-pc ensuite and glass shower; third bedroom wired for a home office.
- Parks and ravine trails are a focal point here: Pomona Mills Park offers a 3 km forested trail, river paths, a playground and tennis courts, with Sprucewood, Proctor...
Welcome to 4 New Port Way, a rarely offered 3-storey semi-detached condo in a quiet, family-oriented neighbourhood with city conveniences. Approx. 1,600 sq ft of living space including the finished basement. The living room features soaring 13 ft ceilings, an electric fireplace with custom built-in wall unit and a walkout to a fully enclosed backyard with custom deck and no grass to maintain (2020). Open-concept dining room and granite kitchen with stainless steel appliances. Primary retreat with upgraded 3-pc ensuite and glass shower; third bedroom wired for a home office. Finished basement for a family room, gym or office. Furnace (2023) and A/C (2026). Carpet-free hardwood and tile, updated lighting fixtures and in-wall home audio & ethernet wiring. Built-in garage with opener plus driveway parking; low monthly fees. Enjoy top-tier schools in the area including EJ Sand PS, Woodland PS, Thornhill SS, St. Anthony CES and St. Robert CHS, plus nearby Henderson PS (Gifted Program) and French-language schools ÉÉ Paul-Demers and ÉS Norval-Morrisseau. Parks and ravine trails are a focal point here: Pomona Mills Park offers a 3 km forested trail, river paths, a playground and tennis courts, with Sprucewood, Proctor and Doreen Quirk Parks close by. Near shopping, cafes and restaurants. Bus stop 2 minutes away with routes to Finch Subway and VIVA, approx. 1.5-2 km to the future Clark Subway Station, and easy access to Hwy 407 and 404/DVP.
Key facts
- Property type
- Condo Apartment, 3-Storey
- MLS®
- N14080502
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599 sq ft
- Cross streets
- Clark/Yonge
- Parking
- 1 garage · 2 parking (built-in)
- Basement
- Crawl Space, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $310/mo
- Exposure
- South
- Property tax
- $3,535 / 2026
- Days on market
- 4
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
pot lights · laundry sink
Closet
hardwood floor · w/o to yard · b/i shelves
hardwood floor · separate room · open concept
hardwood floor · fireplace · w/o to yard
hardwood floor · closet
granite counters · stainless steel appl
hardwood floor · window
hardwood floor · closet · picture window
hardwood floor · 3 pc ensuite · closet
ceramic floor · stainless steel appl · granite counters
hardwood floor · closet · picture window
large window · hardwood floor
ceramic floor · pot lights
large window · hardwood floor · 3 pc ensuite
Listed at $769,000, about 8% below our estimate of $840K (homes like it typically land between $782K and $883K).
Why $840K. The typical condo sold in Thornhill over the past year went for about $565K (38 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,535 a year; the typical home sold here pays about $2,400.
- ▲ Raises it stronglyIt is 1,400 to 1,599 sq ft; the typical home sold here is 900 to 999.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly3 bedrooms and 3 baths, against 2+1 and 2 typically.
Total price vs nearby homes. Fair value about $840K, learned from recent GTA sales.
The market behind the math:
About 6 months of inventory: 6 condo apartment homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $513/sqft against an area asking average of $468/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $786K. 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
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($513/sqft) is above the area, which usually points to a smaller or more efficient layout.
There were not many closely comparable homes right in Thornhill, so I widened the search to the surrounding area.
Based on 27 comparable homes that sold in Thornhill over the past two years, from 35 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $840K, which is where my estimate comes from.
Per square foot, these ask about $479/sqft; this home lists at $513/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Markham: $533K in September 2026, down 10% from a year ago, on 676 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 | $600K | 61 |
| November 2025 | $610K | 53 |
| December 2025 | $627K | 34 |
| January 2026 | $583K | 40 |
| February 2026 | $550K | 53 |
| March 2026 | $564K | 54 |
| April 2026 | $573K | 68 |
| May 2026 | $563K | 52 |
| June 2026 | $579K | 88 |
| July 2026 | $528K | 61 |
| August 2026 | $552K | 60 |
| September 2026 | $533K | 52 |
Neighbourhood & location
Thornhill, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $615,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,402
- Property tax
- $295
- Condo / maintenance fees
- $310
- Heating
- $0
- Estimated monthly cost
- $4,006
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,855
- Estimated closing costs
- $11,855
Plus your down payment of $153,800. 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
- $204,093
- Principal paid down
- $75,166
- Interest paid
- $128,927
- Balance remaining
- $540,034
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 12 whole-home leases in Thornhill signed at a median of $2,989 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,643. 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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.