$1,050,000 - 1 Althorp Way, Markham
Condo for Sale in Markham
Popular ListingNeighbourhood: Greensborough
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- MLS Number
- N13823298
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $4,342
- Maintenance Fees
- $1,229/mo
- Locker
- None
- Exposure
- North South
- Balcony
- None
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Welcome to Swan Lake, a community inside the Markham community. An Adult community where everything is at your fingertips with low maintenance fees you live a life without worry, with a 24 hour security gated house, no more cutting your grass, or shovelling snow. This little community offers tons of Adult entertainment and activities for everyday living and enjoying your life without worry. The fun and excitement never stops here, between the beautiful picturesque scenery surronding by trees. The club houses that are available to rent out for family events, also included fitness centre, indoor & outdoor pools, pickleball, bocce, tennis, gym, shufflleboard, walking trails, library & an active social scene with clubs & activities. All the beauty and serenity continue when you step into 1 Althorp Way, a 2 storey end unit no another garage beside, approximately 1,755 Sq ft, upgraded home.The main floor features hardwood flooring mixed with porcelain flooring in the bright open concept kitchen, lots of storage space and eco-friendly stainless steel appliances. Looking over the sink you have the option of watching TV or your pet playing in the fully fenced in backyard. An entertainer's delight with the fireplace, the patio doors and the dining area all at arms reach away.The primary bedroom features a walk-in closet and a 5 piece spa like ensuite bath. The second spacious bedroom offers large closets and a 3 piece ensuite bath. Laundry on the second floor for added convenience.The newly finished basement with vinyl flooring, 3 piece bath and either a 3rd bedroom or an office, adds room for family visits. The large rec room can be transformed into a dream space of your own. This house is designed for long term living and has stacked storage rooms on each level that can be turned into an elevator. Please find attached some information about how & where to install the elevator.
Estimate your monthly payments for this property
Estimated Payment
$4,644.50/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Greensborough
Greensborough is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Greensborough
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Greensborough offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Althorp Way, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $656/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $1229/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Greensborough
I know Greensborough well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.