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118 Wales Avenue

118 Wales Avenue

Markham, ON

  • 3 bed
  • 2 bath
  • approx. 1000-1199 sqft
  • Condo Townhouse
$539,888

**A Wonderful Opportunity to Own in Prestigious Markham Village!**Why pay rent when you can own your own home? Welcome to this charming **3-bedroom, 2-bathroom condo townhouse** in the highly desirable **Markham Village** community-an excellent opportunity for first-time buyers, young families, or anyone looking to enter the Markham real estate market. Offering **three generous-sized bedrooms**, a comfortable main-floor living room, functional kitchen, and a **cozy recreation room in the basement**, this home provides the space and flexibility a growing family needs. Step outside to your **private backyard with patio**, a rare and highly desirable feature that gives you your own outdoor space to relax, entertain, or enjoy a morning coffee. This is more than just a condo-it offers the **space, privacy and outdoor enjoyment of a townhouse**. Just move in and make it your own! The location is truly exceptional. Enjoy the convenience of being **within walking distance to the GO Train station, grocery stores, plazas, restaurants and everyday amenities**, with **Markham Stouffville Hospital, Markville Shopping Centre and numerous other services just minutes away**. Excellent access to transportation, schools, parks, and everything Markham has to offer.**An ideal opportunity for a small family to stop renting and take the first step toward owning real estate in one of Markham's established and sought-after communities.****Own your home. Enjoy your space. Build your future in Markham Village!**

Listing Details

Taxes (2026)
$2,051
Originally Listed
$499,888
Listed
October 8, 2026

Price History

Property

Style
2-Storey
Construction
Brick
Interior
Water Heater

Parking

Garage
Carport
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Main St. & 16th Ave.
Parcel Number
290130003
Possession
Flexible
Occupancy
Vacant

Condo

Maintenance Fee
$499/month
Fee Includes
Common Elements Included, Parking Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None

Included

Rental Items
Hot water Tank

Schools

Secondary

  • St Brother André Catholic High School0.5 km

    Catholic · York CDSB · 1280 students

    Grade 10 literacy: 94% met the provincial standard

  • Markham District High School1.4 km

    Public · York Region DSB · 1415 students

    Grade 10 literacy: 92% met the provincial standard

  • Bur Oak Secondary School1.5 km

    Public · York Region DSB · 1865 students

    Grade 10 literacy: 96% met the provincial standard

Elementary

  • E T Crowle Public School0.5 km

    Public · York Region DSB · 265 students

    Grade 3 reading: 96% met the provincial standard · Grade 6 math: 70% met the provincial standard

  • St Joseph Catholic Elementary School1 km

    Catholic · York CDSB · 585 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 63% met the provincial standard

  • St Kateri Tekakwitha Catholic Elementary School1.2 km

    Catholic · York CDSB · 275 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 59% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L3P

Population
37,336
Private dwellings
12,978
Median age
47.2
Average household size
2.9
Median household income
$115,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Markham · last 12 months

Median sold price
$1,075,000
Homes sold
2,923
Median days on market
22
Sale-to-list price
99.1%

Based on 2,923 recorded sales of residential condo & other properties in Markham over the last 12 months.

Rooms

4-piece on Second, 3-piece on Basement

Second

  • Bedroom12'10" x 10'11"
  • Bedroom 310'5" x 7'5"

Ground

  • Dining Room15'10" x 15'1"
  • Kitchen10'10" x 9'7"
  • Living Room15'9" x 15'1"

Basement

  • Recreation15'5" x 14'11"

Listed by

RE/MAX CROSSROADS REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$107,978

Estimated Monthly Payment

$2,652

Land transfer tax

Estimated land transfer tax$7,273

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,652/mo (20% down, 5.5%)

Taxes: $171/mo · Insurance: $135/mo

Maint: $499/mo

Estimates only. Consult a financial advisor.

R

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