$1.08M · 2 bed Condo Townhouse · Greensborough, Markham

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About this home

Rarely available and always admired, the coveted Driftwood model offers something few Swan Lake homes can - a private fenced backyard and elevator access to every level. Tucked into one of the most desirable locations in the community, this bright end-unit 2 storey Driftwood model backs & sides to green areas, and is just a short stroll to the outdoor pool & clubhouse. With approximately 1,750 square feet above grade + a finished basement, this home delivers the space of a house with the ease of…

Property details

MLS#

N13444558

Status

Buy Now

Beds

Baths

4 full, 0 half

Size

1600-1799

Style

2-Storey

Type

Condo Townhouse

Year built

—

Property features: Greenbelt/Conservation, Hospital, Lake/Pond, Library, Rec./Commun.Centre

Fireplaces: 2
Fireplace features: Living Room, Natural Gas, Rec Room

Condo corp #: 1032
Balcony: Terrace
Locker: None
Association amenities: BBQs Allowed, Gym, Indoor Pool, Outdoor Pool, Party Room/Meeting Room, Visitor Parking
Fees include: Water Included, Building Insurance Included, Common Elements Included, Cable TV Included
Pets: Yes-with Restrictions

Garage: 2-car Attached
Garage spaces: 2
Parking: 4 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Markham Main St/16th Avenue
Basement: Partially Finished
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: Central Vacuum, Water Heater Owned
Parking features: —

Level	Room	Dimensions
Main	Living Room	6.79m × 5.1m
Main	Dining Room	6.79m × 3.32m
Main	Kitchen	3.44m × 3.72m
Main	Primary Bedroom	3.62m × 7.22m
Second	Loft	4.01m × 4.87m
Basement	Recreation	3.83m × 6.43m

Level

Room

Dimensions

Main

Living Room

6.79m × 5.1m

Main

Dining Room

6.79m × 3.32m

Main

Kitchen

3.44m × 3.72m

Main

Primary Bedroom

3.62m × 7.22m

Second

Loft

4.01m × 4.87m

Basement

Recreation

3.83m × 6.43m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,080,000✓ $4,482 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$8,939/mo

incl. closing costs (yr 1)

Annual total

$107,268

year 1

Mortgage only

$4,097/mo

principal + interest

Beyond mortgage

$2,877/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$216,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$374/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$10,800/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$98/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$18,075

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $49,166/yr

Property taxes21% $22,557/yr

Utilities4% $3,960/yr

Insurance & security1% $1,600/yr

Maintenance10% $10,800/yr

Condo fees13% $14,085/yr

Closing costs5% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$49,166	$4,097/mo
Government & taxes
Property tax	$4,482	$374/mo
Land transfer tax(closing)	$18,075	$1,506/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$10,800	$900/mo
Condo fees
Condo / HOA fees	$14,085	$1,174/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$107,268	$8,939/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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27 Wave Hill Way

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