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November 1, 2026

Townhouses in Markham: November 2026 Market Watch

Markham, Ontario
Photo by Mhsheikholeslami, "Markham Village Heritage Conservation District- Markham-Ontario-HPC15250-20201017 (2).jpg", licensed CC BY-SA 4.0 via Wikimedia Commons

Townhouses are the middle rung of the Markham housing ladder. Here is where that rung sat in November 2026. Freehold townhouses were listed at a median of $999K and condo townhouses at $749K. 173 townhouses changed hands in the last 90 days.

Freehold vs condo townhouse in Markham

Freehold

$999Kmedian asking

131 listed

Sold, 90 days: $980K

No condo fee

Condo townhouse

$749Kmedian asking

62 listed

Sold, 90 days: $742K

Fee about $393/mo

A freehold townhouse in Markham is listed for about $250K more than a condo townhouse at the median. At the median condo fee, that gap equals roughly 53 years of fees, a useful way to judge whether the cheaper price really is cheaper over the time you plan to stay. On a mortgage with 20% down, the gap adds about $1,104 a month (illustrative 4.49% rate, 25 years).

What your budget buys in Markham

Set your budget first, then see what it gets you: the number of townhouses listed in each band and the bedroom count that is typical there.

BudgetTownhouses listedTypical size
Under $600K212 bed
$600K to $800K463 bed
$800K to $1M743 bed
$1M to $1.25M483 bed
$1.25M and up284 bed

Townhouse sales in Markham: last 90 days vs a year ago

Last 90 daysSame period last year
Townhouses sold173192
Median sale price$925K$1.02M
Sale-to-list98.2%98.3%
Sold over asking31%34%
Days on market2326

The median townhouse sale in Markham is down 9.3% from a year ago, on down 9.9% from the number of sales.

Neighbourhood price ladder

From the lowest typical asking price to the highest, for Markham neighbourhoods with at least three townhouses listed. Aileen-Willowbrook is the most affordable entry point this month.

NeighbourhoodTypical askListed
Aileen-Willowbrook$648K13
Cornell$849K45
Greensborough$875K20
Berczy$970K11
Wismer$1.01M18
Angus Glen$1.09M11
Unionville$1.19M21
Commerce Valley$1.24M12

Townhouse checklist

  • Compare the full monthly cost, not just the price: mortgage, property tax and any condo or POTL fee together.
  • On a condo townhouse, read the status certificate before you firm up. It shows the reserve fund, upcoming work and any special assessments.
  • End units, garages and finished basements carry a premium. Decide which ones matter to you before you start viewing, so you compare like with like.
  • If your complex has a recent status certificate, have it ready. Condo townhouse buyers almost always make their offer conditional on it.

Townhouse market watch: other cities

Townhouse buyers ask

Is a freehold townhouse more expensive than a condo townhouse in Markham?

In November 2026 freehold townhouses were listed at a median of $999,000 and condo townhouses at $749,450. Condo townhouses also carry a monthly fee.

What did townhouses sell for in Markham recently?

The median townhouse sale over the last 90 days was $925,000 across 173 sales.

Which Markham neighbourhood has the cheapest townhouses?

Aileen-Willowbrook, with a typical asking price of $648,000.

Asking prices come from the townhouses for sale on Townhouse Connect on November 1, 2026. Sales figures are totals of MLS® townhouse sales in Markham for the 90 days to that date and the same 90 days a year earlier. Payment figures are illustrative, not a mortgage offer.

Townhouses for sale in Markham right now

Live listings from the area this article covers.

See all townhouses in Markham

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