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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N13764196For SaleCondo Townhouse

124 Wales Ave

Old Markham Village, Markham, Ontario L3P 3K2

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124 Wales Ave, Markham, photo 1
Asking$699,000
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

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$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
Listing brokerage: SUTTON GROUP-HERITAGE REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

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

RoomSizeFeaturesLevel
Living3.33 × 4.6 mLarge Window, Broadloom2nd
Dining2.63 × 3.3 mO/Looks Living, Parquet Floor2nd
Kitchen2.45 × 4.6 mEat-In Kitchen, B/I Dishwasher2nd
Rec3.35 × 4.55 mW/O To Patio, Parquet Floor, PelletMain
Primary3.35 × 3.85 mLarge Closet, Large Window, Broadloom3rd
2nd Br2.26 × 2.8 mCloset, Large Window, Parquet Floor3rd
3rd Br2.26 × 3.0 mCloset, Large Window, Parquet Floor3rd
Laundry2.62 × 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 StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$699,000N/AFor SaleN13764196

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $139,800

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
−$767per month
  • 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.

15 records · 8 on fileRead 2026-10-27
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 m1 water-supply well recorded within 250 mGroundwater recorded about 3.1 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 4.8 kmNearest rail line: 100 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 60 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

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

Transit nearby

StationLinesDistance
Markham GOGO Transit train: Stouffville800 m
Mount Joy GOGO Transit train: Stouffville1.2 km
Highway 7 / Main MarkhamYRT bus rapid transit: Viva Purple1.8 km
Highway 7 / WoottenYRT bus rapid transit: Viva Purple2 km
Highway 7 / GalsworthyYRT bus rapid transit: Viva Purple2.1 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

ElementaryTypeDistanceEQAO average 2024–25
E T Crowle Public SchoolYork Region DSBPublic · grades JK–8500 m89%Grade 6 average
St Joseph Catholic Elementary SchoolYork CDSBCatholic · grades JK–81 km84%Grade 6 average
Franklin Street Public SchoolYork Region DSBPublic · grades JK–8 · French Immersion1.1 km85%Grade 6 average
École élémentaire Laure-RièseConseil scolaire ViamondeFrench-language public · grades JK–67.6 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Brother André Catholic High SchoolYork CDSBCatholic · grades 9–12 · French Immersion500 m69%Grade 9 math
Markham District High SchoolYork Region DSBPublic · grades 9–121.4 km77%Grade 9 math
Bur Oak Secondary SchoolYork Region DSBPublic · grades 9–121.6 km89%Grade 9 math
ÉSC Pape-FrançoisConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–128.7 km86%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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Email Kassaundra Dobson, Broker of Record