MLS® listing
53 Wuhan Lane: townhouse for sale
$1,229,000
From the listing brokerage
Stunning Freehold Townhouse END UNIT Offers Approximately 2400sqft of Luxurious Living Per Builder's Plan. Featuring 10' Smooth Ceiling on the Main and 9' On the Third Level. Lots of Upgrades from Builder ; Spacious + Functional Layout on Each Floor! 3 Bedrooms+1 Spacious Office Area and Basement with 5 Bathrooms is Thoughtfully Designed With Versatility in Mind. The Flexible Layout Offers Endless Possibilities. Peaceful Views & Outdoor Comfort. Enjoy Your Mornings Overlooking from the Family Room with a Cup of Coffee. Plus Facing East and West brings lots of Natural Light! Exceptional Location/Schools. Walking Distances To Top Tanking, Fred Varley + Bur Oak High School (With AP Program) Close proximity to Markville Mall, Highway 407, and other amenities ensures convenience at mins Drive.
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Style | 3-Storey |
| Basement | Finished |
| Lot width | 23.46 |
| Lot depth | 69.88 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 2 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $5,017 |
| Tax year | 2026 |
| Interior features | Carpet Free |
Listing courtesy of REAL ONE REALTY INC.. MLS® N14103742.
About this townhouse
53 Wuhan Lane is a 4 bedroom townhouse in TRREB's Wismer community in Markham, listed for sale at $1,229,000. The listing shows 5 bathrooms and 1500-2000 square feet. The lot is listed as 23.46 by 69.88 feet. It comes with 2 parking spaces according to the listing. The garage is listed as built-in. The nearest main intersection given is McCowan / 16th Ave.
These details come from the listing brokerage through TRREB's MLS® System and are not guaranteed. Measurements, parking and what is included should be checked at a showing and written into the agreement of purchase and sale.
What it costs to buy 53 Wuhan Lane
At the asking price of $1,229,000, a buyer in Markham pays Ontario land transfer tax on closing. The City of Toronto is the Ontario municipality that charges a municipal land transfer tax of its own, so there is no second tax here.
| Asking price | $1,229,000 |
|---|---|
| Ontario land transfer tax | $21,055 |
| First-time buyer refund, if you qualify | up to $4,000 |
| Minimum down payment | $97,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The tax is worked out at the published rates for a home with one or two single family residences and your lawyer confirms the final amount. Legal fees, title insurance and adjustments are extra: our closing costs guide lists them. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $5,017 a year, about $418 a month |
|---|
That is before a mortgage payment, home insurance and utilities. These are the figures on the listing, so check the current tax bill before you rely on them.
How the asking price compares
TRREB's Market Watch recorded 30 freehold townhouse sales in Markham in September 2026, at a median of $918,490 and an average of $977,959. This home is listed at $1,229,000, which is $310,510 above that median.
A city-wide median covers every size, age and neighbourhood, so it is a reference point and not a valuation of this home. Lot, size, condition and location all move the price. Our September 2026 market report and our Markham house prices page have the figures for each home type.
What to check before you make an offer
- Book a home inspection. An inspection looks at the parts of a house you cannot judge at a showing. Our guide explains what a home inspection covers and misses.
- Ask for the survey. The listing gives the lot as 23.46 by 69.88 feet. If the seller has a survey, check the lot lines, fences and any easements against it.
- Confirm what stays. Have the appliances, fixtures and any rented equipment written into the offer.
- Confirm the parking. The listing shows 2 parking spaces.
- Get your financing in writing. A lender looks at the property tax as well as the price.
- See it in person. photos do not show noise, light at different hours or the condition of the roof, the basement and the yard.
Our page on buying a home in Markham sets out the steps in order. This is general information, not legal advice. Confirm the details with a lawyer.
About Wismer
Wismer Commons is north Markham's quiet middle.
Transit: Mount Joy GO on the Stouffville line nearby, YRT local routes
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $1,144,500 | 54 sales, average $1,202,110 |
| Detached | About $1,625,000 | 25 sales, average about $1,606,000 |
| Semi-detached | About $1,080,000 | 6 sales, average about $1,090,000 |
| Freehold townhouse (TRREB att/row/townhouse) | About $965,000 | 11 sales, average about $991,000 |
| Condo apartment | About $471,000 | 10 sales, average about $494,000 |
Figures from TRREB's community housing market report, as listed in our Wismer guide.
Questions about Wismer
Can I walk to the GO train?
From the eastern streets closest to Mount Joy, some people do. From the rest of Wismer it is a short drive or a bus. Check the address before you count on it.
Is the housing stock consistent?
Largely yes, which makes pricing transparent. Most homes date from the early 2000s onward, so mechanicals are newer and inspections tend to be uneventful.
What about mature trees?
Still filling in. The tree canopy here is nothing like Unionville or Markham Village and that is the usual trade for newer housing.
Is it a good area to upsize into?
It is one of the most common upsizing destinations in Markham, usually from a condo or townhome further south.
Read the Wismer neighbourhood guide · All Wismer homes for sale
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Questions about 53 Wuhan Lane
How much is land transfer tax on 53 Wuhan Lane?
At the asking price of $1,229,000 the Ontario land transfer tax is $21,055. Markham has no municipal land transfer tax. A first-time buyer who qualifies can get up to $4,000 back. Confirm the final figure with your lawyer.
What is the minimum down payment for 53 Wuhan Lane?
$97,900 at the asking price of $1,229,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 53 Wuhan Lane?
The listing shows $5,017 a year for 2026, about $418 a month.
Is 53 Wuhan Lane priced above or below the Markham median?
It is listed at $1,229,000. TRREB's September 2026 median for freehold townhouse sales in Markham was $918,490 across 30 sales, so the asking price is $310,510 higher. The median covers every size and neighbourhood.
How do I book a showing for 53 Wuhan Lane?
Use the form on this page or call us. Quote MLS® N14103742. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 53 Wuhan Lane still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn, this address goes to the neighbourhood guide. Where this site has no guide for that community, the page says the home has sold. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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