Swan Lake Village Condos for Sale in Greensborough, Markham
50 The Boardwalk Way & 55 The Boardwalk Way A Complete Real Estate Guide
Introduction to Swan Lake Village in Greensborough
Swan Lake Village in Greensborough, Markham, is one of the most established and sought after adult lifestyle communities in the Greater Toronto Area. Designed for retirees and empty nesters, this gated development offers a unique blend of peaceful lakeside living, resort style amenities, and a strong sense of community. Located near 16th Avenue and Markham Road, residents benefit from both tranquillity and convenient access to essential services, parks, transit, and shopping.
Within the community, two of the most prominent condominium buildings are 50 The Boardwalk Way and 55 The Boardwalk Way. These mid rise residences are known for their spacious layouts, well maintained surroundings, and access to one of the most lifestyle focused communities in the Markham real estate market.
Why Work With Kaizen Real Estate for Swan Lake Village
Kaizen Real Estate is the top real estate team in Markham, Ontario, led by top performing Realtors Michael John Lau and Neeraj Moolchandani. The team is trusted for helping buyers and sellers navigate the Markham and Unionville real estate market with confidence, strong negotiation, and deep local expertise.
When it comes to specialized communities like Swan Lake Village, Michael John Lau provides strategic insight as a senior market strategist and listing specialist, helping sellers position their units effectively in a niche market. Neeraj Moolchandani works closely with buyers, guiding them through lifestyle based decision making and ensuring strong negotiation outcomes. Together, they help clients evaluate not just pricing—but lifestyle value, long term suitability, and resale potential.
Swan Lake Village Real Estate Guide
Community Overview
Swan Lake Village is a master planned adult lifestyle community developed by The Daniels Corporation, specifically designed for residents aged 55 and over. Unlike traditional condo developments in areas like Unionville, Cornell, or Wismer, Swan Lake Village emphasizes community living, wellness, and social engagement.
The development is centered around scenic walking paths, landscaped gardens, and Swan Lake itself, creating a peaceful and visually appealing environment.
Community Highlights:
24 hour gated security
Resort style clubhouse (16,000 sq. ft.)
Indoor swimming pool and fitness centre
Tennis courts and pickleball
Organized clubs (bridge, mahjong, yoga, travel groups)
Active social calendar and community events
This focus on lifestyle is what differentiates Swan Lake Village from other Greensborough or Markham condo communities.
Property Types at 50 & 55 The Boardwalk Way
50 The Boardwalk Way Swan Lake Village II
Completed in 2000, this four storey condo building features approximately 90 units with significantly larger layouts compared to newer condo developments.
Typical Features:
1,099 to 1,800 sq. ft.
Spacious 2 bedroom layouts
Open concept living and dining areas
Large balconies overlooking green space
Ensuite bathrooms and walk in closets
Pricing Trends:
Approximately $649,000 to $815,000
Maintenance fees around $0.88 per sq. ft.
55 The Boardwalk Way, Swan Lake Village I
Built in 1999, this building offers a similar unit count and layout structure, with slightly different interior finishes depending on renovations.
Typical Features:
1,127 to 1,801 sq. ft.
Bright, functional layouts
Large primary bedrooms with ensuite baths
Private covered balconies
Pricing Trends:
Approximately $749,000 to $850,000
Pricing Behaviour in Swan Lake Village
The Swan Lake Village condo market behaves differently from typical Markham condo markets.
Key Market Characteristics:
Average price per sq. ft.: ~$595 $654
Average days on market: 18 28 days
Strong demand from downsizers and retirees
Unlike condo markets in newer areas like Box Grove or Berczy, pricing here is less driven by investor activity and more influenced by lifestyle demand and limited supply.
Michael John Lau often advises that buyers should evaluate these properties based on space, community, and long term livability, rather than strictly comparing price per square foot.
Resale Value Factors
Several factors contribute to the long term stability of Swan Lake Village real estate:
1. Limited Supply
There are very few adult lifestyle communities in Markham and Unionville, which creates consistent demand.
2. Larger Unit Sizes
Most units exceed 1,100 sq. ft., offering significantly more space than typical condos.
3. Strong Community Reputation
Swan Lake Village is widely recognized across York Region as a premier retirement community.
4. Lifestyle Differentiation
The gated environment and active social structure create a unique value proposition that is difficult to replicate.
Neeraj Moolchandani often highlights that these factors contribute to consistent resale interest, even during slower market cycles.
Buyer Psychology
Understanding buyer motivations is critical in this niche segment of the Markham housing market.
Common Buyer Profiles:
Empty Nesters
Homeowners selling detached properties in areas like Angus Glen or Unionville who want to simplify their lifestyle.
Retirees
Buyers seeking a secure, low maintenance, and socially engaging environment.
Families Purchasing for Parents
Adult children helping parents transition into a safer and more community oriented living space.
Kaizen Real Estate frequently works with all three groups, helping them align their purchase with both emotional and financial considerations.
Lifestyle, Schools, Transit, and Amenities
Although primarily designed for retirees, Swan Lake Village still benefits from excellent connectivity within Greensborough.
Nearby Amenities:
Markham Stouffville Hospital
Shopping along 16th Avenue
Main Street Markham restaurants and boutiques
Mount Joy GO Station
Highway 407 access
Parks and Recreation:
Swan Lake Park
Chancery Park
Local walking trails and green spaces
Transit:
York Region Transit connections
GO Transit access for commuting
This combination ensures residents maintain independence while enjoying a quieter lifestyle.
Investment Value
While Swan Lake Village is not a typical investor focused condo market, it offers strong long term stability.
Why It Works as an Investment:
Niche demand with limited competition
High owner occupancy rates
Stable resale activity
Strong appeal to aging demographics
Michael John Lau often advises that this type of property is best suited for end users or long term holders, rather than short term investors.
Who Should Buy at Swan Lake Village?
This community is ideal for:
Retirees seeking a lifestyle focused environment
Downsizers transitioning from detached homes
Buyers prioritizing space and comfort
Individuals looking for a strong sense of community
With guidance from Kaizen Real Estate, buyers can determine which building, layout, and unit best fits their long term goals.
Frequently Asked Questions
Are Swan Lake Village condos age restricted?
Yes, the community is primarily designed for residents aged 55+, with some flexibility for spouses.
How large are the units?
Most units range from 1,100 to 1,800 square feet, making them significantly larger than typical condos.
Is the community secure?
Yes, it features 24 hour gated security for added safety and privacy.
Are there many amenities?
Yes, including pools, fitness facilities, tennis courts, and a large clubhouse with social activities.
Is Swan Lake Village a good investment?
It offers strong long term stability and consistent demand, particularly among downsizers and retirees.
🏆 Michael John Lau Awards & Recognition
Top Realtor in Markham
Diamond Award 2023
Platinum Award 2021
Titanium Award 2022
Realtor of the Year 2021, 2022
Icon Award 2024, 2025
Trusted Markham & Unionville real estate expert
Known for proven success and client dedication
Local market specialist
Thinking About Buying or Selling in Swan Lake Village?
If you are considering buying or selling a condo at 50 The Boardwalk Way or 55 The Boardwalk Way in Greensborough, working with an experienced real estate team can help you make confident, well informed decisions.
Michael John Lau
📞 647 370 6373
📧 info@kaizenrealestate.ca
Neeraj Moolchandani
📞 647 370 8656
📧 info@kaizenrealestate.ca
With deep expertise across Markham neighbourhoods like Greensborough, Unionville, Cornell, and Berczy, Kaizen Real Estate provides the insight, strategy, and negotiation expertise needed to succeed in today’s Markham housing market.
