124 Wales Ave
Old Markham Village, Markham, Ontario L3P 3K2
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $538at the range’s middle
- Tax a year
- $2,2322026 tax year
- Parking
- 11 other
- Days on market
- Members
The brief
About 124 Wales Ave
124 Wales Ave is a 3-bedroom, 2-bathroom condo townhouse in Old Markham Village, Markham, listed for sale at an asking price of $699,000 (MLS® N13764196).
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, cafés, 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
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall41/100−$767/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 17 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.
The home
Key facts
- Tax
- $2,232 / 2026
- MLS® number
- N13764196
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Other, 1 Parking
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
- Other
- 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 (as-is), 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 |
Listing history
Buy/sell history for 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 | $699,000 | N/A | For Sale | N13764196 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
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
- $139,800
- Total mortgage amount
- $559,200
- Total interest payment
- $397,500
- Total purchase cost
- $1,096,500
- Mortgage payment
- $3,189/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
39%Monthly carrying cost
$3,967- Rent $3,200
- Shortfall $767
Rental income opens at $3,200, the median asking rent of 17 comparable homes for lease in Markham. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $10,455
- Total land transfer tax
- $10,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,455
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 $699,000
- $5,980
- Ontario total
- $10,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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 Kassaundra Dobson, Broker of Record for a full comparative market analysis.
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.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 m14 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.6 m.250 m
- Groundwater recorded about 3.1 m below ground nearbyThe middle water level in the well records within 500 m (37 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 4.8 km4.8 km
Province of Ontario open data
Around the home2
- Nearest rail line: 100 m100 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rogers. Cable: INNSYS, Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Market area · filters apply to the charts below
The street
Map and tour
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.
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.
The verdict
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