266 Simonston Boulevard, Markham, ON
German Mills, Markham · MLS® N14088234
About this home
In short
- Townhome at prime location of Thornhill, features three bedrooms on the upper level, including a primary bedroom with a private ensuite.
- Bright, open-concept living and dining room with large windows, california shutters, pot lights, and parquet flooring.
- Finished basement with a recreation room, fireplace, sliding doors to the backyard, laundry area, and cantina.
Townhome at prime location of Thornhill, features three bedrooms on the upper level, including a primary bedroom with a private ensuite. Laminate flooring throughout the second floor and a large linen/storage closet provide added functionality. Bright, open-concept living and dining room with large windows, california shutters, pot lights, and parquet flooring. Finished basement with a recreation room, fireplace, sliding doors to the backyard, laundry area, and cantina. Eat-in kitchen with a breakfast area, pantry, and under-cabinet lighting. Enhanced by air conditioning, furnace, and quartz countertops in the upper-level bathrooms. Conveniently located near shopping, schools, and transit.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- N14088234
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599 sq ft
- Cross streets
- Simonston Blvd/Don Mills Rd
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Finished, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $540/mo
- Exposure
- West
- Property tax
- $3,613 / 2025
- Days on market
- 3
- Listing brokerage
- CENTURY 21 RED STAR REALTY INC.
Rooms
ceramic backsplash · ceramic floor
pantry · pot lights · ceramic floor
combined w/living · large window · parquet
fireplace · w/o to yard · sliding doors
laminate · california shutters · large window
combined w/dining · large window · california shutters
laminate · double closet · 4 pc ensuite
laminate · california shutters · large window
Listed at $699,000, about 11% below our estimate of $784K (homes like it typically land between $729K and $824K).
Total price vs nearby homes. Fair value about $784K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $466/sqft against an area asking average of $559/sqft.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $763K. Condition and finishes remain an in-person call.
What the listing highlights3 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
- 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
There were not many closely comparable homes right in German Mills, so I widened the search to the surrounding area.
Based on 16 comparable homes that sold in German Mills over the past two years, from 16 closings there.
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $784K, which is where my estimate comes from.
Per square foot, these ask about $553/sqft; this home lists at $466/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
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 | $808K | 24 |
| November 2025 | $778K | 12 |
| December 2025 | $715K | 12 |
| January 2026 | $825K | 12 |
| February 2026 | $743K | 24 |
| March 2026 | $815K | 21 |
| April 2026 | $829K | 10 |
| May 2026 | $760K | 31 |
| June 2026 | $751K | 26 |
| July 2026 | $717K | 28 |
| August 2026 | $765K | 25 |
| September 2026 | $710K | 20 |
Neighbourhood & location
German Mills, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $559,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,092
- Property tax
- $301
- Condo / maintenance fees
- $540
- Heating
- $0
- Estimated monthly cost
- $3,933
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,455
- Estimated closing costs
- $10,455
Plus your down payment of $139,800. 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
- $185,515
- Principal paid down
- $68,324
- Interest paid
- $117,191
- Balance remaining
- $490,876
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 CENTURY 21 RED STAR REALTY INC.. MLS®/PropTx.