The MJA CompanyNational Realty Centers (248) 780-8944
49555 Lantern Way, Canton, MI 4818849555 Lantern Way, Canton, MI 48188 photo 249555 Lantern Way, Canton, MI 48188 photo 349555 Lantern Way, Canton, MI 48188 photo 449555 Lantern Way, Canton, MI 48188 photo 5
$405,000 For sale

49555 Lantern Way

Canton, MI 48188

2beds
3baths
1,891sqft
2021built
$214per sqft
26days listed

Condominium · MLS # 20261075190 · Listing courtesy of Keller Williams Paint Creek

About this home

PREMIUM END-UNIT TOWNHOME in Canton's desirable Towns at Cherry Hill! This bright and inviting home stands out with additional windows, abundant natural light, fewer shared walls, and an almost private side-yard feel that provides more openness than many units in the community. The open-concept main level features a spacious great room, kitchen and dining area with access to a private balcony perfect for morning coffee or relaxing outdoors. The primary suite offers two walk-in closets and a private bath, while the additional bedroom and full bath provide flexibility for family or guests. The lower-level family room is ideal for a home office, TV room, workout space or additional living area. An attached 2-car garage adds everyday convenience and storage. Enjoy low-maintenance living in a highly desirable Canton location close to shopping, dining, parks, schools and everyday conveniences. A rare end-unit opportunity offering extra light, additional outdoor openness and a location within the community that truly sets it apart!

Interior

Bedrooms2
Full baths3
Half baths0
Living area1,891 sqft
AppliancesDishwasher, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Stainless Steel Appliances, Washer
LevelsTwo

Systems and utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
Water heaterNatural Gas
WaterPublic
SewerPublic Sewer

Exterior and lot

StyleTownhouse
Year built2021
ConstructionBrick, Shingle Siding
FoundationSlab
Garage spaces2
ParkingTwo Car Garage, Attached
Patio and porchPorch
Exterior featuresBalcony
PoolNone

Taxes, HOA and more

Annual taxes$7,813
Summer taxes$3,443
Winter taxes$4,370
HOA fee$225 monthly
HOA includesMaintenance Grounds, Maintenance Structure, Snow Removal
SubdivisionTOWNS/CHERRY HILL
MunicipalityCanton Township
CountyWayne
PossessionNegotiable
Sale termsCash, Conventional
Special conditionsShort Sale No, Standard

Schools

School districtPlymouth Canton

How it compares in Canton

Over the last 90 days, 240 homes sold in Canton for a median of $390,000, about $181 per square foot, and the typical one went under contract in 13 days. This home is listed at $405,000, or $214 per square foot, 18% above the city median, and has been on the market 26 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Canton sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $7,813 a year. A buyer who lives here would pay about $7,843 to $8,089 a year once the taxable value resets after the sale, at the 2025 homestead rate of 39.55 mills for Canton Twp and Plymouth Canton schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 12:58 PM.

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