Markham
Richmond Hill
Other GTAHaving condo fees does not automatically mean paying more, and having no condo fees does not mean having no upkeep costs. This two-person budget example compares a two-bedroom condo with a freehold townhouse in Markham, with the yearly costs broken into monthly amounts.
Townhouse: about $13,200 a year, roughly $1,100 a month
Condo: about $11,700 a year, roughly $980 a month
Difference in this example: $119.62 a month, $1,435.48 a year
What is included
Condo fees, or hired yard and snow services for the townhouse, plus utilities, property taxes and insurance. Yard care assumes 26 mowings plus spring and fall clean-ups; snow removal uses a standard full-season plan. The townhouse is treated as having no common-element fee.
Why this is not a like-for-like price comparison
The homes differ substantially: a 1,773 sq. ft. three-bedroom, three-bathroom townhouse versus a 742 sq. ft. two-bedroom, two-bathroom condo. Space and upkeep responsibilities are different.
These are budget examples, not market averages or actual household bills. Some inputs are assumptions; taxes use 2025 figures. Mortgage payments and repairs are excluded, and unconfirmed charges require bill-specific checks.
The market in Markham, September 2026
Average price: $1,125,353
Median price: $1,051,000
Detached, average: $1,534,139
Sales: 245
New listings: 729
Active listings: 1,122
Months of inventory: 4.1
Sold vs. list price: 98%
Days on market: 34 days
Source: TRREB Market Watch, September 2026 (released October 6, 2026). All home types unless noted. Markham Homes & Community Guide
How I can help: Buying
Think Beyond the Viewing.
- Understand your budget, space, commuting and amenity needs.
- Compare suitable properties, recent sales and condition.
- Discuss offer terms and coordinate the transaction and closing.
