Buyers · Townhouses
Townhouses for Sale in Markham: Freehold or Condo?
Townhomes are Markham's most popular step into ownership. Here is what they cost, how freehold and condo townhomes differ, and where to look.
The short answer
In September 2026 Markham freehold townhouses averaged $977,959 and condo townhouses $829,470, according to TRREB. Freehold townhomes had about 4.9 months of supply and condo townhomes about 4.0, both balanced. Freehold means you own the land and pay no condo fees; condo townhomes cost less upfront but include monthly fees that cover shared upkeep. Cornell, Box Grove and Greensborough have many options.
Source: TRREB Market Watch, City of Markham, September 2026.
Freehold vs Condo Townhouse
| Freehold townhouse | Condo townhouse | |
|---|---|---|
| Average price, Sept 2026 | $977,959 | $829,470 |
| Median price | $918,490 | $735,000 |
| Monthly fees | None | Yes, set by the condo corporation |
| Exterior upkeep | Owner | Usually the corporation |
| Rules | City bylaws | City bylaws plus condo rules |
| Average days on market | 32 | 35 |
Where to Look
- Cornell: porches, laneways and new construction
- Box Grove: newer freeholds by the Rouge
- Greensborough: near Mount Joy GO
- Cathedraltown: distinctive townhomes in north Markham
- Victoria Square: new builder townhomes
What to Check
- For condo townhomes: fees, reserve fund and status certificate
- Parking: garage, driveway and visitor rules
- Shared walls and soundproofing
- Backing onto roads or rail
- Rear lane snow clearing in Cornell style communities
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Kaizen Real Estate Team, eXp Realty, Brokerage · 9763 Markham Rd, Markham, ON L6E 1A4
Townhouses, Answered
How much is a townhouse in Markham?
In September 2026, freehold townhouses averaged $977,959 and condo townhouses $829,470, according to TRREB.
What is the difference between a freehold and condo townhouse?
With freehold you own the land and pay no condo fees. With a condo townhouse you own your unit, share common areas, and pay monthly fees for shared upkeep.
Where are townhouses in Markham?
Cornell, Box Grove, Greensborough, Cathedraltown and Victoria Square all have many townhomes.
Are condo townhouse fees worth it?
They can be if they cover roofs, windows, snow and landscaping. Compare fees with the reserve fund and recent increases.
Is a townhouse a good first home in Markham?
Often, yes. Townhomes offer more space than condos at a lower price than detached homes.
Related Services and Guides
- Homes for Sale in MarkhamWhat each budget and home type buys
- First Time BuyersA calm path from renting to keys
- First Time Buyer ProgramsFHSA, HBP, rebates and down payment
- CornellPorches, parks and new construction
- Box GroveValue townhomes by the Rouge
- Mortgage CalculatorPayments, insurance and down payment
From the Markham Blog
- Markham Townhouse Buyer's GuideMarkham guide
- First Time Buyer's Guide to MarkhamMarkham guide
- How to Compare Two Markham Homes at the Same PriceMarkham guide
- Markham Home Inspection ChecklistMarkham guide
Have a question these guides do not answer? Call or text Neeraj at (647) 370 8885
Sources: TRREB Market Watch, City of Markham, September 2026; TRREB Community Market Report, Markham, Q2 2026 (April to June).
Neeraj Moolchandani, REALTOR®, Kaizen Real Estate Team, eXp Realty, Brokerage. Reviewed by Neeraj Moolchandani on October 28, 2026. General information only, not legal, tax or financial advice. Commission is negotiable and any rate shown is for illustration only. Market commentary describes current conditions and is not a promise of future prices. Not intended to solicit properties currently under contract.