For SaleCondo Townhouse · 3-StoreyMLS® #N14163604 · TRREB MLS®
16-124 Wales Ave, Markham, Ontario
Old Markham Village, Markham, Ontario L3P 3K2
- Bedrooms
- 3
- Bathrooms
- 2
- Type
- Condo Townhouse
- Basement
- Finished with Walk-Out
$674,000
Estimated market value
About 16-124 Wales Ave
16-124 Wales Ave is a 3-bedroom, 2-bathroom condo townhouse in Old Markham Village, Markham, listed for sale at an asking price of $674,000 (MLS® N14163604).
Rarely Offered End-Unit 3-Bedroom Condo Townhouse in highly sought-after Old Markham Village! Meticulously maintained and surrounded by mature trees, this charming home features an inviting front porch, bright eat-in kitchen, separate living & dining rooms, crown moulding and a functional layout ideal for families, professionals or downsizers. The finished walk-out rec room with pellet stove opens to a private fenced patio, perfect for relaxing or entertaining. Enjoy a laundry room with ample storage, crawl space, large front storage unit, exclusive covered parking and plenty of visitor parking. Maintenance fees include snow shovelling & grass cutting for easy, low-maintenance living. Steps to Historic Main Street Markham with restaurants, cafes, pubs & boutique shops. Walk to schools, parks, shopping, Markham Museum & Mount Joy Community Centre. Convenient to GO Transit, public transit & Hwy 407. A fantastic opportunity in a prime Markham location!
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$553/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 15 condos with 3 bedrooms for lease in Markham right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $2,232 / 2026
- MLS® number
- N14163604
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Carport, 1 Parking
Listing history
Buy/sell history for 16-124 Wales Ave, Markham, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $674,000 | N/A | For Sale | N14163604 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 3-Storey
- Community
- Old Markham Village
- Municipality
- Markham
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 3rd, 1 × 2pc Main
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Garage Type
- Carport
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- None
- Heating Type
- Baseboard
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Appliances Fridge, Stove, BI Dishwasher, B/I micro (as is), Washer/Dryer, Pellet Stove (as-is), Deep Freezer in basement, All Window Coverings, All Electric Light Fixtures
- Condo maint.
- $592
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.33 × 4.6 m | Large Window, Broadloom | 2nd |
| Dining | 2.63 × 3.3 m | O/Looks Living, Parquet Floor | 2nd |
| Kitchen | 2.45 × 4.6 m | Eat-In Kitchen, B/I Dishwasher | 2nd |
| Rec | 3.35 × 4.55 m | W/O To Patio, Parquet Floor, Pellet | Main |
| Primary | 3.35 × 3.85 m | Large Closet, Large Window, Broadloom | 3rd |
| 2nd Br | 2.26 × 2.8 m | Closet, Large Window, Parquet Floor | 3rd |
| 3rd Br | 2.26 × 3.0 m | Closet, Large Window, Parquet Floor | 3rd |
| Laundry | 2.62 × 2.48 m | — | Main |
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $9,955
- Total land transfer tax
- $9,955
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,955
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $674,000
- $5,480
- Ontario total
- $9,955
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| E T Crowle Public SchoolYork Region DSB | Public · grades JK–8 | 500 m | 89%Grade 6 average |
| St Joseph Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1 km | 84%Grade 6 average |
| Franklin Street Public SchoolYork Region DSB | Public · grades JK–8 · French Immersion | 1.1 km | 85%Grade 6 average |
| École élémentaire Laure-RièseConseil scolaire Viamonde | French-language public · grades JK–6 | 7.6 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Brother André Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 500 m | 69%Grade 9 math |
| Markham District High SchoolYork Region DSB | Public · grades 9–12 | 1.4 km | 77%Grade 9 math |
| Bur Oak Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.6 km | 89%Grade 9 math |
| ÉSC Pape-FrançoisConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 8.7 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Markham GO | GO Transit train: Stouffville | 800 m |
| Mount Joy GO | GO Transit train: Stouffville | 1.2 km |
| Highway 7 / Main Markham | YRT bus rapid transit: Viva Purple | 1.8 km |
| Highway 7 / Wootten | YRT bus rapid transit: Viva Purple | 2 km |
| Highway 7 / Galsworthy | YRT bus rapid transit: Viva Purple | 2.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $134,800
- Total mortgage amount
- $539,200
- Total interest payment
- $383,300
- Total purchase cost
- $1,057,300
- Mortgage payment
- $3,075/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
34%Monthly carrying cost
$3,853- Rent $3,300
- Shortfall $553
Rental income opens at $3,300, the median asking rent of 15 comparable homes for lease in Markham. Type over it with the rent you expect. This is a planning tool, not advice.
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