51 Albert Lewis Street, Markham, ON

Cornell, Markham · MLS® N13562796

$1,418,000
For Sale
Listed 3 days ago
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6Bedrooms
4Bathrooms
2Garage · 3 parking
2500-3000Sq Ft

About this home

Welcome to This Stunning Home In The Heart Of The Highly Desirable Cornell Rouge Community. Featuring 4 Bedrooms + 2 Bedrooms LOFT HOME W/ Incredible Potential To Create Your Own Space Or Build A Second Unit To Rent Out For Extra Income And Help With The Mortgage. $Thousands Spent On Upgrades. Grand Double-Door Entrance, 9 Foot Ceiling On Main Floor. Enjoy A Modern Open-Concept Kitchen With A Huge Center Island & Breakfast Area, High End Finishes And Professional Interior Design Throughout. Entire House With Many Windows Provide Tons Of Natural Light Throughout The Day. Elegant Family Room W Fireplace For Family Gatherings. Second Floor Master Room With Luxurious 4 Pieces Ensuite. Double Garage With Direct Access To The Spacious Mudroom. Two Separate Entrances(Loft And Basement). W/o To Backyard. Main Floor Laundry Room. Close To Community Centre, Walmart, Schools, Hwy 7 & Hwy 407, Parks, Markham Stouffville Hospital & Markville Mall. Must Be Seen!

Key facts

Property type
Detached, 2-Storey
MLS®
N13562796
Bedrooms
6
Bathrooms
4 (1 half)
Size
2500-3000
Lot
29.53 × 82.02 ft
Cross streets
16th/9th
Parking
2 garage · 3 parking (attached)
Driveway
Private
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Not Applicable
Roof
Not Applicable
Sewer
Sewer
Property tax
$7,274 / 2026
Days on market
3
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

KitchenMain3.35 × 3.08 m

eat-in kitchen · centre island

Bedroom 5Second2.80 × 2.74 m
Bedroom 3Second3.30 × 3.05 m

closet · window

Family RoomMain4.15 × 3.35 m

hardwood floor · fireplace

Primary BedroomSecond4.51 × 3.35 m

4 pc ensuite · closet

BedroomSecond2.74 × 2.56 m
Bedroom 2Second3.41 × 3.17 m

closet · window

Living RoomMain5.85 × 3.01 m

hardwood floor · combined w/dining

BreakfastMain4.27 × 3.29 m

combined w/kitchen · combined w/family

Bedroom 4Second3.30 × 3.05 m

closet · window

Living RoomSecond4.18 × 3.73 m
Dining RoomMain5.85 × 3.01 m

hardwood floor · combined w/living

Moe’s TakeTeam Asgarian · Broker
In line
$1.52Mest. value

Listed at $1,418,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.45M, a close match.

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 $1.40M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.41M

That comparable adjusts to $1.41M; the $1.52M estimate above is the median of all 6 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. Cornell Rouge Blvd / White's Hill A is about a 3-minute walk away.

List price
$1.41MGreat deal$1.56MOverpriced

Total price vs nearby homes. Fair value about $1.52M, median of 6 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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Lifestyle
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.69Mavg asking

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

31 Cavalry Trail$1.69M31 Spanhouse Crescent$1.69M23 Appleview Road$1.40M12 Nigh Drive$1.50M18 Oak Lea Circle$2.20M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.42MThis home1.69M1.69M1.40M1.50M2.20MThis home vs active comparables
Live market pulseActive comparables in Cornell · median list $1.34M
$516this home / sqft
7active listings nearby
3days on market

This home lists 7% below the area average of $552/sqft.

1 days faster 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

31/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Cornell Rouge Blvd / White's Hill A, about 238 m away

20+ transit stops20+ parks2 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
Box Grove
$1.03M
Raymerville
$1.37M
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 Black Walnut PS
81%
Black Walnut PSPublic · Elementary · JK-8 · 0.5 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$6,463/mo
$269KIncome needed
5.3×Price ÷ income
$1,491Weekly 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 $6,463Property tax $606Total carry $7,069

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)
$6,054per month

Mortgage amount $1,134,400 · 4.14% over 25 years

$283,600Down payment (20.0%)
$1,134,400Loan before insurance
$0CMHC premium
$6,660Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,054
Property tax
$606
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,660

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

One-time closing costs

Ontario land transfer tax
$24,835
Estimated closing costs
$24,835

Plus your down payment of $283,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,353/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

$681,674Total interest paid
$1,816,074Total of all payments
Principal $1,134,400 Interest $681,674
YearPrincipalInterestBalance
1$26,575$46,068$1,107,825
2$27,687$44,956$1,080,138
3$28,845$43,798$1,051,293
4$30,051$42,592$1,021,242
5$31,308$41,335$989,934
6$32,618$40,025$957,316
7$33,982$38,661$923,334
8$35,404$37,239$887,930
9$36,885$35,758$851,046
10$38,427$34,216$812,618
11$40,035$32,608$772,583
12$41,709$30,934$730,874
13$43,454$29,189$687,420
14$45,272$27,371$642,149
15$47,165$25,478$594,983
16$49,138$23,505$545,845
17$51,193$21,450$494,652
18$53,335$19,308$441,317
19$55,566$17,077$385,752
20$57,890$14,753$327,862
21$60,311$12,332$267,550
22$62,834$9,809$204,716
23$65,462$7,181$139,254
24$68,201$4,442$71,053
25$71,053$1,590$0

At the end of your 5-year term

Total paid over the term
$363,215
Principal paid down
$144,466
Interest paid
$218,749
Balance remaining
$989,934

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$5,250/mo
$63,000Gross annual rent
3.3%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.

4.4%
Gross yield
− Property tax $7,274− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,396

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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