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.
76 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Townhouses in Markham Over $1.5M
76 active · median $1.57M
Median List Price
$1.57M
Active Listings
76
Avg Days on Market
40 days
YoY Change
-8.4%
6-Month Median Price Trend
Dec
$1.59M
Jan
$1.57M
Feb
$1.54M
Mar
$1.58M
Apr
$1.57M
May
$1.62M
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
86+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“We got conditional approval the same evening we called. Saved us from losing the home in a multi-offer.”
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.
$1.46M
$1.65M
$1.47M
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 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 qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 76 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Markham advisor within 1 business hour.
Townhouses in Markham Over $1.5M
Median $1.57M · 76 active · 3.95% 5-yr fixed
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.