18 Reith Way, Unit 390, Markham, ON

$768,800
MLS#:N12234784
3 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Aileen-Willowbrook. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $768,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Garburator, Separate Heating Controls
  • Efficient baseboard heating via electric

Description

Welcome to 18 Reith Way. Location, location, location! Very child, family friendly, cul-de-sac in the heart of Thornhill! Same owner for 44 years! Freshly painted, renovated & updated throughout! 3 bedrooms, 2 full baths, bright, finished basement with 3 pc bath. Established, prime location of 'Johnsview Village'. Nestled in the south east corner of Bayview Ave & John St in Thornhill. Enjoy 32 acres of lush green space and community character! Walk to local school, expansive park & playground, basketball, tennis courts & outdoor pool! This home is sparkling clean and features brand new roof, new windows, quality Kitchen with brand new fridge, Quartz countertops, ceramic flooring, inlay double sink, solid wood cabinetry & coffee bar. Brand new luxury widestrip vinyl plank flooring & baseboarding on main & 2nd levels. Primary bedroom has a walk-in, mirrored double closet and built-in double armoire for added storage. Upgraded, 2nd floor bath with built-in bench & spa shower head system. Finished basement with plush carpeting , 3 pc bath, large laundry/utility room and plenty of extra storage space. Fenced backyard with perennial gardens & patio. Low carrying costs!! Hydro (seller's usage) only $1655/yr=$137.91/mth. Water included! Walking distance to transit, excellent Shopping, Thornhill Library, Fitness Centre, Medical Clinics, Arena, Go Train, Finch subway & YRT Bus stops & quick access to all highways. Come make this lovely home yours today. Please enjoy the virtual tour.

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Property Summary

This townhouse located at 18 Reith Way, Markham is currently for sale and has been available on SousaSells for 388 days. This property is listed at $768,800 with an estimated mortgage of $2,559* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 18 Reith Way, Markham is in the Aileen-Willowbrook neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 7, 2025
Sold price information is available to members only
Listed Date6/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
CountyYork
Annual Tax$2,871.56

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Cul de Sac/Dead End, Fenced Yard, Library, Park, School, Public Transit

Interior Features

Auto Garage Door Remote, Garburator, Separate Heating Controls, Water Heater

Security Features

Community Features

Virtual Tours

Location

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18 Reith Way, Unit 390, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 18 Reith Way 390, Markham, ON L3T 5C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate4.00%
Down Payment$230,640 (30.0%)
* Minimum Canadian down payment required for this price is $51,880.
Amortization Period30 Years
Estimated Monthly Payment$2,559Based on a loan of $538,160 over 30 years.
Purchase Price$768,800
Loan Amount$538,160
Provincial Land Transfer Tax:$11,851
Total Estimated Closing Taxes:$11,851

About Purchasing a Home in Markham, ON

For a property listed at $768,800 in Markham, the legal minimum down payment is $51,880 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,851 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,851.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,332,716

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Unionville Meadows
Public355 South Unionville Avenue, Unionville, Markham, Ontario, L3R 5C8
7.4
Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4
Beckett Farm
Public78 Beckett Avenue, Unionville, Markham, Ontario, L6C 0T3
8.1
Central Park
PublicCentral Park Drive, Unionville, Markham, Ontario, L3P 7G2
9.0
St Francis Xavier
Public223 Highglen Avenue, Markham, Ontario, L3S 1Y4
7.9

Secondary Schools

Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Father Michael McGivney
Public5300 14th Avenue, Markham, Ontario, L3S 3K8
8.5
St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.