Understanding Swan Lake Village

Located near 16th Avenue and Markham Road, Swan Lake Village combines peaceful natural surroundings with convenient access to essential services, parks, healthcare, shopping, and transit. Within the community are two prominent condo buildings on The Boardwalk Way — 50 The Boardwalk Way and 55 The Boardwalk Way — both offering spacious condominium suites within a highly regarded adult lifestyle development.

Community at a Glance: Master-planned adult lifestyle community by The Daniels Corporation. Designed for residents aged 55+, centered around Swan Lake, landscaped walking paths, and a 16,000 sq ft clubhouse with over 30 organized clubs and social activities.

Community Amenities

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Indoor Swimming Pool

Full-size indoor pool available year-round for residents and their guests.

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Fitness Centre

Well-equipped gym and recreation rooms within the 16,000 sq ft clubhouse.

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Tennis & Pickleball

Dedicated outdoor courts for residents, one of the most popular social activities in the community.

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30+ Clubs & Activities

Bridge, mahjong, yoga, travel clubs, and many more organized social events throughout the year.

The Two Condo Buildings

🏢 50 The Boardwalk Way — Swan Lake Village II

Completed in 2000, this four-storey condo building contains approximately 90 units ranging from 1,099 to 1,800 sq ft. Units commonly feature spacious two-bedroom layouts, large balconies overlooking green space, open-concept living and dining areas, modern kitchens, ensuite bathrooms, and walk-in closets. Maintenance fees average approximately $0.88/sq ft, covering building maintenance, water, and common amenities. Recent prices have ranged from $649,000 to $815,000.

🏢 55 The Boardwalk Way — Swan Lake Village I

Built in 1999, this four-storey mid-rise contains roughly 90 units with suite sizes typically ranging from 1,127 to 1,801 sq ft. Key features include bright open living spaces, large primary bedrooms with ensuite baths, private covered balconies, and functional layouts ideal for downsizing from detached homes. Average prices have typically ranged from $749,000 to $849,999.

Pricing & Market Trends

Metric 50 The Boardwalk Way 55 The Boardwalk Way
Year Built 2000 1999
Suite Range (sq ft) 1,099 – 1,800 1,127 – 1,801
Price Range $649,000 – $815,000 $749,000 – $849,999
Maint. Fee (avg) ~$0.88/sq ft ~$0.88/sq ft
Avg $/sq ft $595 – $654
Avg Days on Market 18 – 28 days

The Swan Lake Village condo market behaves differently from traditional condo markets in Markham. Because the community targets retirees and empty nesters, the buyer pool tends to be highly motivated and well-informed — many buyers spend months researching before making a purchase decision.

Who Are the Buyers?

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Empty Nesters

Homeowners selling detached homes in Markham or Unionville who want a simpler, lower-maintenance lifestyle.

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Retirees

Buyers seeking a secure, social, maintenance-free living environment with resort-style amenities.

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Adult Children

Families helping parents transition into a safe and community-oriented residence.

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Investors

Buyers seeking long-term stability in a limited-supply, high-demand adult lifestyle community.

Why Resale Value Stays Strong

🔒 Limited Supply + Unique Market Position

Very few gated retirement communities exist in the GTA, making Swan Lake Village unique in the Markham real estate market. The community is well-established and tightly held by owners, keeping resale inventory consistently low and supporting long-term value.

📐 Large Suite Sizes

Most condos here exceed 1,100 sq ft — significantly larger than many modern condo developments across Markham and the broader GTA.

⭐ Strong Community Reputation

Swan Lake Village has built a strong reputation among retirees across York Region and the GTA, driving consistent buyer demand year over year.

Nearby Amenities & Local Conveniences

One of the biggest advantages of Swan Lake Village is its convenient location within the Greensborough community of Markham. Residents enjoy a balance between peaceful residential living and easy access to everything they need.

  • Markham Stouffville Hospital
  • Grocery stores and pharmacies along 16th Avenue
  • Main Street Markham restaurants and shops
  • Mount Joy GO Station
  • Highway 407 access
  • Swan Lake Park and Chancery Park
  • York Region Transit throughout Markham and the broader GTA

Frequently Asked Questions

Are Swan Lake Village condos age restricted?

Yes. Swan Lake Village is designed primarily for residents aged 55 and over, although rules may allow younger spouses or family members in certain circumstances.

How large are the condos at Swan Lake Village?

Most units range from 1,100 to 1,800 sq ft, making them among the largest condo layouts available in Markham.

Are the buildings secure?

Yes. Swan Lake Village features 24-hour gated security, providing residents with additional safety and privacy.

Are Swan Lake Village condos a good investment?

For buyers seeking lifestyle value and long-term stability, Swan Lake Village condos have historically maintained strong demand due to limited supply and strong community reputation.

Ready to Buy or Sell at Swan Lake Village?

Michael John Lau has helped many buyers and sellers navigate Swan Lake Village and the broader Markham real estate market with confidence. His local expertise and deep understanding of adult lifestyle communities help clients make well-informed decisions.

🏆 Michael John Lau — Awards & Recognition

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Diamond Award
2023
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Platinum Award
2021
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Titanium Award
2022
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Realtor of the Year
2021, 2022
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Icon Award
2024, 2025
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Top Realtor Markham
Ongoing