43 Cornell Common Road, Markham, ON

Cornell, Markham · MLS® N13503604

$1,188,000
For Sale
Listed 18 days ago
Request a showing
◎ Directions
4Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq Ft

About this home

Fabulous 3 + 1 Bedroom home on one of the largest lots in Cornell - one of Markham's best communities. If space and privacy is what you're looking for, your search ends here. Love gardening? Plenty of yard space for you. Looking to have a pool? Room for that and a hot tub. Need a safe space for kids to play? Pick a sport and let them run free! This updated home features laminate flooring throughout the main floor and primary bedroom, an updated kitchen, spa-like ensuite bathroom, 10' ceilings (main floor), double car garage with tremendous potential to convert to a coach house, a fully finished basement with separate entrance making it ideal for extended families, and 3 generous bedrooms plus 3 full bathrooms and 1 powder room. Nestled in a prime pocket of original Cornell and facing the park, this home offers one of the best opportunities available. Close to Hospital, GO Transit, YRT Bus Termial, Cornell Community Centre, Hwy. 407, Shopping, Parks and top-ranked Bill Hogarth Secondary School, St. Brother Andre Catholic High School, Cornell Village Public School, St. Joseph Catholic Elementary.

Key facts

Property type
Detached, 2-Storey
MLS®
N13503604
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
22.97 × 148.42 ft
Cross streets
Ninth Line & Cornell Park
Parking
2 garage · 4 parking (detached)
Driveway
Private
Basement
Full, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding, Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,056 / 2026
Days on market
18
Listing brokerage
RE/MAX ALL-STARS REALTY INC.

Rooms

Primary BedroomSecond4.93 × 3.96 m

laminate · b/i vanity · 4 pc ensuite

Dining RoomMain5.79 × 3.96 m

combined w/living · laminate · open concept

KitchenMain3.05 × 3.05 m

centre island · tile floor · quartz counter

BreakfastMain2.74 × 2.59 m

open concept · tile floor · combined w/laundry

Great RoomMain4.78 × 3.48 m

gas fireplace · open concept

Living RoomMain5.79 × 3.96 m

combined w/dining · laminate · overlooks frontyard

RecreationBasement5.51 × 4.97 m

vinyl floor · 3 pc bath

KitchenBasement5.51 × 3.52 m

vinyl floor · breakfast bar

Bedroom 4Basement6.19 × 4.35 m

vinyl floor · closet · pot lights

Bedroom 3Second4.93 × 3.05 m

broadloom · closet

Bedroom 2Second3.05 × 2.59 m

broadloom · closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.01Mest. value

Listed at $1,188,000, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.43M, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.36M
  • Size difference −$289K
  • Adjusts to $1.07M

That comparable adjusts to $1.07M; the $1.01M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Bill Hogarth SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Ninth Line / Cornell Park Av is about a 3-minute walk away.

List price
$901KGreat deal$1.19MOverpriced

Total price vs nearby homes. Fair value about $1.01M, median of 7 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Income potential
  • Value driver
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.06Mavg asking

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

71 Bishop Crescent$1.10M37 Rachett Road$990k40 Ralph Chalmers Avenue$1.30M19 Backus Court$989k45 Trafford Crescent$899k

The 5 closest active listings nearby.

See all comparable homes
1.19MThis home1.10M990k1.30M989k899kThis home vs active comparables
Live market pulseActive comparables in Cornell · median list $1.30M
$679this home / sqft
7active listings nearby
18days on market

This home lists 20% above the area average of $566/sqft.

14 days longer than the Markham average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

58/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Ninth Line / Cornell Park Av, about 218 m away

20+ transit stops20+ dining20+ parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Markham Village
$1.16M
Greensborough
$1.44M
Raymerville
$1.37M
Box Grove
$1.03M
Middlefield
$1.06M

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cornell Village PS
81%
Cornell Village PSPublic · Elementary · JK-8 · 0.2 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$5,415/mo
$226KIncome needed
5.3×Price ÷ income
$1,250Weekly cost
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.

91%mortgage
Mortgage $5,415Property tax $505Total carry $5,919

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,072per month

Mortgage amount $950,400 · 4.14% over 25 years

$237,600Down payment (20.0%)
$950,400Loan before insurance
$0CMHC premium
$5,576Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,072
Property tax
$505
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,576

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

One-time closing costs

Ontario land transfer tax
$20,235
Estimated closing costs
$20,235

Plus your down payment of $237,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,160/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

$571,106Total interest paid
$1,521,506Total of all payments
Principal $950,400 Interest $571,106
YearPrincipalInterestBalance
1$22,265$38,596$928,135
2$23,196$37,664$904,940
3$24,166$36,694$880,773
4$25,177$35,683$855,596
5$26,230$34,630$829,366
6$27,327$33,533$802,039
7$28,470$32,390$773,569
8$29,661$31,199$743,908
9$30,902$29,958$713,006
10$32,194$28,666$680,811
11$33,541$27,319$647,270
12$34,944$25,916$612,326
13$36,406$24,455$575,920
14$37,929$22,932$537,992
15$39,515$21,345$498,477
16$41,168$19,692$457,309
17$42,890$17,970$414,419
18$44,684$16,176$369,735
19$46,553$14,307$323,183
20$48,500$12,360$274,682
21$50,529$10,331$224,154
22$52,642$8,218$171,511
23$54,844$6,016$116,667
24$57,138$3,722$59,528
25$59,528$1,332$0

At the end of your 5-year term

Total paid over the term
$304,301
Principal paid down
$121,034
Interest paid
$183,268
Balance remaining
$829,366

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$3,150/mo
$37,800Gross annual rent
2.2%Est. cap rate

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.

3.2%
Gross yield
− Property tax $6,056− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,186

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ALL-STARS REALTY INC.. MLS®/PropTx.

CallRequest a showing