Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Townhouses for Sale in Markham
Over $1.5M

Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Markham this band: $1.57M · 76 active · avg 40 days on market.

Median List Price

$1.57M

Active Listings

76

Avg Days on Market

40 days

YoY Change

-8.4%

6-Month Median Price Trend

Dec

$1.55M

Jan

$1.55M

Feb

$1.55M

Mar

$1.55M

Apr

$1.55M

May

$1.55M

What is the average townhouse price in Markham in 2026?

The benchmark price for a townhouse in Markham in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 76 active listings, moving in an average of 40 days on market. Prices are down 8.4% year-over-year.

Is Markham a buyer's or seller's market right now?

Markham is currently a buyer's market for townhouses in this band. Listings are sitting 40 days on average and prices are 8.4% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in Markham

84+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Bidding war with three other offers. Their pre-approval letter made our offer credible enough to win.
Wei H., First-time buyer, Markham

What $1.57M gets you in Markham.

Townhouses in Markham priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $687K for the greater toronto area. Within this band the median list comes in near $1575K — down 8.4% year-over-year. Active inventory is moving in roughly 40 days.

Typical Size

1,200–2,000 sqft

Bedroom Range

2–4 bedrooms

Ownership Style

Freehold or condo

Sample comparables in this band.

Unionville, Markham

$1.55M

3 bed3 bath1,440 sqft
Cornell, Markham

$1.55M

3 bed3 bath1,440 sqft
Wismer, Markham

$1.54M

3 bed3 bath1,440 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these townhouses are clustered in Markham.

Markham Townhouse FAQ

What is the median price for townhouses in Markham over $1.5m?

As of 2026-05-01, the median list price for townhouses in Markham priced over $1.5m sits at approximately $1.57M based on active MLS inventory.

How many townhouses are currently for sale in Markham in this price range?

There are roughly 76 active townhouses for sale in Markham priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do townhouses stay on the market in Markham?

Townhouses in Markham priced over $1.5m are averaging 40 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Markham townhouse prices going up or down?

Year-over-year median townhouse prices in Markham (this band) are down 8.4%. Six-month trend data is available on this page.

What mortgage do I need to buy a townhouse at this price in Markham?

On a $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active townhouse in Markham over $1.5m.

76 active listings · median $1.57M. A licensed Markham advisor sends the live list within 1 business hour.

Townhouses in Markham Over $1.5M

Median $1.57M · 76 active

256-Bit SSL Secured & Private

Step 2 · Lock in financing

Get pre-approved for a $1.26M mortgage.

Based on $1.57M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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