Townhouses for Sale in Markham
Under $500K
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: $475K · 18 active · avg 33 days on market.
Median List Price
$475K
Active Listings
18
Avg Days on Market
33 days
YoY Change
-8.4%
6-Month Median Price Trend
Dec
$486K
Jan
$487K
Feb
$487K
Mar
$487K
Apr
$487K
May
$487K
What is the average townhouse price in Markham in 2026?
The benchmark price for a townhouse in Markham in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 18 active listings, moving in an average of 33 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 balanced market for townhouses in this band. Inventory is turning over in 33 days with prices down 8.4% year-over-year. Neither side has decisive leverage right now.
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.”
What $475K gets you in Markham.
Townhouses in Markham priced under $500k are tracking against a CREA MLS® HPI benchmark of $687K for the greater toronto area. Within this band the median list comes in near $475K — down 8.4% year-over-year. Active inventory is moving in roughly 33 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$509K
$509K
$509K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these townhouses are clustered in Markham.
Keep exploring Markham.
Other price ranges
Other property types
Markham Townhouse FAQ
What is the median price for townhouses in Markham under $500k?
As of 2026-05-01, the median list price for townhouses in Markham priced under $500k sits at approximately $475K based on active MLS inventory.
How many townhouses are currently for sale in Markham in this price range?
There are roughly 18 active townhouses for sale in Markham priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do townhouses stay on the market in Markham?
Townhouses in Markham priced under $500k are averaging 33 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 $475K purchase with 20% down, you'd carry a mortgage of about $380K. 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.
See every active townhouse in Markham under $500k.
18 active listings · median $475K. A licensed Markham advisor sends the live list within 1 business hour.
Townhouses in Markham Under $500K
Median $475K · 18 active
Get pre-approved for a $380K mortgage.
Based on $475K 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.