$724,800 - 192 Louisbourg Way, Markham
Condo for Sale in Markham
68 days on market- MLS Number
- N12975492
- Property Type
- Condo
- Status
- active
- Days on Site
- 68
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- North South
- Balcony
- Open
- Listing Brokerage
- Royal Lepage Real Estate Associates
Rarely offered and exceptionally well maintained, this 2-bedroom, 3-washroom townhouse in the highly desirable Greensborough community is ideal for first-time buyers, downsizers, professionals, or investors seeking low-maintenance living in a family-friendly neighbourhood. Tucked away on a quiet street, this carpet-free home features hardwood stairs leading to a bright open-concept main level with hardwood flooring throughout. The spacious living area is enhanced by large windows and California shutters, allowing for abundant natural light. The updated kitchen boasts quartz countertops, a custom backsplash, stainless steel appliances, and a modern sink with upgraded faucet. The dining area sits just off the kitchen and features upgraded California shutters on the patio door, which walks out to a large open deck-perfect for relaxing or entertaining. A convenient 2-piece powder room and laundry closet with full-size newer washer and dryer complete the main level. Upstairs, hardwood stairs lead to two well-sized bedrooms. The primary bedroom includes a beautifully renovated ensuite with a modern vanity and glass shower. The second bedroom also features a rare private ensuite with an updated shower. An open hallway area provides the perfect space for a home office or reading nook. California shutters are installed throughout the home for a cohesive, upgraded finish. Additional highlights include a private garage, one surface parking space, and a large storage area conveniently located by the garage. Ideally located close to parks, community centre, Hwy 407, Mount Joy GO Station, and more. Situated within one of Markham's top school districts, including French immersion programs. Don't miss this incredible opportunity to own in one of Markham's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$3,718.60/mo
Includes CMHC insurance ($20,222)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Markham
Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
192 Louisbourg Way, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $725/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 68 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.