503-58 Adam Sellers Street, Markham, ON

Cornell, Markham · MLS® N13472226

$710,000
For Sale
Listed 120 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Luxury Condo building by Mattamy in Prime Cornell.
  • Open Concept 9ft ceiling, Upgraded and extended Kitchen W/Pantry and island, upgraded Quartz Countertop. $$$ Upgrade with Backsplash, Cabinetry, custom closets and more.
  • Walking Distance to Markham Stouffville Hospital, Cornell Community Centre, Cornell Bus terminal, Mins to Highway 7 and 407 ETR.

Luxury Condo building by Mattamy in Prime Cornell. A stunning sun-filled Two-bedroom unit with Two full washroom plus Den, glass enclosed Balcony with an excellent view.Open Concept 9ft ceiling, Upgraded and extended Kitchen W/Pantry and island, upgraded Quartz Countertop. $$$ Upgrade with Backsplash, Cabinetry, custom closets and more. Walking Distance to Markham Stouffville Hospital, Cornell Community Centre, Cornell Bus terminal, Mins to Highway 7 and 407 ETR. Building with a well-equipped gym, party room, Roof-Top Patio. 2 Parkings and 1 Locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13472226
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Hwy 7 & Bur Oak Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$653/mo
Exposure
East
Property tax
$2,926 / 2025
Days on market
120
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

Bedroom 2Ground3.35 × 3.05 m

laminate · large window · 4 pc ensuite

KitchenGround3.00 × 2.66 m

stainless steel appl · quartz counter · ceramic backsplash

DenGround1.50 × 1.50 m

Laminate

Primary BedroomGround3.70 × 3.40 m

laminate · walk-in closet(s) · 5 pc ensuite

Dining RoomGround5.21 × 4.48 m

laminate · combined w/living · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Cornell · asking prices
$702kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $672/sqft; this home lists at $646/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
710kThis home719k689k699kThis home vs active comparables

Neighbourhood & location

Cornell, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Greensborough
$607K
Wismer
$438K
Unionville
$636K
Cathedraltown
$530K
Commerce Valley
$541K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$3,236/mo
$146KIncome needed
4.8×Price ÷ income
$747Weekly cost
$10,675Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $3,236Property tax $244Condo fee $653Total carry $4,133

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,141per month

Mortgage amount $568,000 · 4.49% over 25 years

$142,000Down payment (20.0%)
$568,000Loan before insurance
$0CMHC premium
$4,037Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,141
Property tax
$244
Condo / maintenance fees
$653
Heating
$0
Estimated monthly cost
$4,037

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,675
Estimated closing costs
$10,675

Plus your down payment of $142,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,801/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$374,171Total interest paid
$942,171Total of all payments
Principal $568,000 Interest $374,171
YearPrincipalInterestBalance
1$12,675$25,011$555,325
2$13,251$24,436$542,074
3$13,852$23,834$528,221
4$14,481$23,205$513,740
5$15,139$22,548$498,601
6$15,826$21,860$482,775
7$16,545$21,142$466,230
8$17,296$20,391$448,934
9$18,081$19,605$430,852
10$18,902$18,784$411,950
11$19,761$17,926$392,189
12$20,658$17,029$371,531
13$21,596$16,091$349,935
14$22,576$15,110$327,359
15$23,601$14,085$303,758
16$24,673$13,014$279,085
17$25,793$11,894$253,291
18$26,964$10,722$226,327
19$28,189$9,498$198,138
20$29,469$8,218$168,670
21$30,807$6,880$137,863
22$32,205$5,482$105,658
23$33,668$4,019$71,990
24$35,196$2,491$36,794
25$36,794$893$0

At the end of your 5-year term

Total paid over the term
$188,434
Principal paid down
$69,399
Interest paid
$119,035
Balance remaining
$498,601

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
3.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.7%
Gross yield
− Property tax $2,926− Condo fees $7,840− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,946

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.

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